In 2023, fibreboard production in the US stood at an estimated 5.849 million cubic meters. Forecasts for 2024-2028 show a gradual decline in production volume, marking a noticeable downtrend:
- 2024 predicts a marginal decrease.
- Year-on-year, values manifest a consistent decrease:
2025: -1.62%
2026: -1.63%
2027: -1.65%
2028: -1.66%
- The compound annual growth rate (CAGR) from 2024 to 2028 is approximately -1.64%.
Future industry trends to watch for include advancements in sustainable manufacturing processes, increasing demand for eco-friendly building materials, and potential impacts of regulatory changes on production efficiencies.