The import of pigments for paints, dyes packaged for retail in the US is projected to increase steadily from $135.58 million in 2024 to $139.73 million by 2028. In 2023, the import value stood at approximately $134.55 million. The yearly growth is modest, with a year-on-year increase of around 0.79% to 0.75% between 2024 and 2028. This reflects a modest, yet steady upward trend. The compounded annual growth rate (CAGR) over the forecast period is approximately 0.92%.
Future trends to watch for:
- Technological advancements in paint and dye formulation may influence import patterns.
- Changes in environmental regulations could impact demand for specific pigments.
- Global trade dynamics and supply chain disruptions might affect import volumes and costs.
