The US sanitary paper product manufacturing industry is projected to experience steady growth from 2024 to 2028, with gross output increasing from $13.14 billion in 2024 to $13.74 billion in 2028. Compared to an actual figure of $12.8 billion in 2023, the industry is projected to achieve an annual average growth rate (CAGR) of 1.16% over the five-year period. Year-on-year, the industry is expected to see minimal fluctuations, indicative of stable market conditions.
Future trends to watch for include:
- Advancements in sustainable and eco-friendly product lines, driven by consumer demand.
- Potential impacts of evolving trade policies on supply chains and raw material costs.
- Increased market penetration of digital and online sales channels, influencing distribution strategies.