Based on the forecast, the import of printed paper labels into the US is set to increase steadily from 2024 to 2028, with figures rising from 34.035 million kilograms in 2024 to 35.887 million kilograms in 2028. The notable trends include a consistent annual growth rate.
From 2023, which ended at a volume of 33.58 million kilograms, the expected year-on-year growth is as follows:
- 2024: 1.35%
- 2025: 1.40%
- 2026: 1.35%
- 2027: 1.31%
- 2028: 1.27%
The compound annual growth rate (CAGR) over the five-year forecast period is anticipated to be approximately 1.36%.
Future trends to watch include innovations in sustainable packaging, which may impact the demand and material composition of labels, and market dynamics influenced by digitalization and e-commerce, potentially altering import patterns.