The sales of recovered fibers and processed mill waste in the US are projected from 2024 to 2028, with values rising annually. Starting from $436.06 million in 2024, sales are expected to increase to $484.92 million by 2028. Given the forecast data, the year-on-year growth rates are steady, signaling consistent demand. From 2024 to 2025, the increase is 2.9%, from 2025 to 2026 it is 2.7%, 2.6% from 2026 to 2027, and 2.5% from 2027 to 2028, indicating a CAGR of around 2.7% from 2024 to 2028.
Future trends to watch for include:
- Increased emphasis on sustainable recycling practices, potentially boosting demand.
- Technological advancements in processing capabilities, which may lead to efficiency gains.
- Market shifts due to policy changes promoting circular economy initiatives.
- Fluctuations in raw material prices affecting profitability and sales volumes.