The wages and salaries for the Rubber and Plastics Products, and Other Non-metallic Mineral Products sector in the US are forecasted to rise steadily from 2024 to 2028. In 2023, the actual value stood slightly lower than the 2024 forecast, indicating growth. The projected year-on-year growth from 2024 to 2025 is approximately 1.33%, with similar modest annual increases leading to a total increase of about 5.18% over five years. The CAGR over these years is calculated to be around 1.27%, illustrating steady but slow growth in this sector.

Future trends to watch for include:

The impact of technological advancements on production efficiency and labor costs.
Potential changes in trade policies and their implications for raw material costs and the global supply chain.
Sustainability pressures that could drive investment in new materials and manufacturing processes within the industry.