The import of shuttering for concrete construction of wood to the US is projected to grow annually from 2024 to 2028, ranging from 30.511 to 36.333 million kilograms. Assuming a consistent increase from 2023 levels, this reflects a steady year-on-year growth trend. The forecasted CAGR over five years suggests a positive trend, with an average annual growth of around 4.3%. This increase signifies a rising demand in the US construction sector for wooden shuttering materials.
Future trends to watch for:
- Potential supply chain disruptions affecting import volumes.
- Innovations in eco-friendly construction materials that could impact wooden shuttering demand.
- Economic factors influencing the construction industry, such as infrastructure investments or housing demand.