The forecast for unlaminated plastics film and sheet (except packaging) sales in the US from 2024 to 2028 indicates steady growth. Starting at $19.778 billion in 2024, the market is expected to reach $20.267 billion by 2028. Comparing the year-on-year growth rates, small increases are noted; however, these suggest a stable demand. The compound annual growth rate (CAGR) over this period averages marginally, underscoring a modest expansion trajectory. In 2023, the sector experienced less dynamic growth given these forecasts.
Future trends to monitor include:
- Technological advancements in manufacturing processes.
- Influence of sustainability practices and regulatory changes.
- Consumer demand shifts towards more durable and specialty films.
- Potential impacts of trade policies on raw material availability.
