In 2023, the import value of greaseproof papers to China stood at a reasonably stable level, serving as a baseline for future forecasts. The forecast data from 2024 to 2028 shows a steady growth trend in the import of greaseproof papers, with consistent year-on-year increases projected. Specifically, from 2024 to 2028, there is a gradual upward trend in the import value, reaching 16.356 million USD by 2028. The compound annual growth rate (CAGR) over this five-year period reflects an average annual increase indicative of ongoing demand and usage growth in China.
Future trends to watch for:
- Increasing domestic demand for packaged and paper-wrapped goods, potentially driven by consumer preferences and packaging innovation.
- Sustained growth in the foodservice and hospitality sectors, which are significant consumers of greaseproof papers.
- Trade policies and regulations affecting import tariffs or restrictions, which could impact costs and import volumes.
