Based on the forecasted data, the planted forest area in the US is expected to grow from 28.1 million hectares in 2024 to 28.79 million hectares by 2028. The value for 2023 stood at 27.93 million hectares. Year-on-year variation in percentage indicates a steady growth of approximately 0.6% to 0.7% annually over the forecast period. Considering the past two years and looking forward, we observe a similar pattern of growth. The Compound Annual Growth Rate (CAGR) over the last five years, including 2023 data, presents an average annual increase of about 0.68%.
Future trends to watch for include technological advancements in sustainable forestry practices, policy changes encouraging reforestation, and potential impacts of climate change on forest growth and health. These factors could influence the projected trends and actual outcomes.
