The import of machinery for finishing paper or paperboard to the US is forecasted to increase steadily from 2024 to 2028. Starting at 144.2 million USD in 2024, it is expected to reach 161.17 million USD by 2028. Comparing this to 2023, when the value was approximately 140 million USD, the estimated year-on-year growth from 2024 onwards shows a consistent upward trend, with a notable compound annual growth rate (CAGR) over the next five years. This growth reflects an enduring demand for paper finishing technology, indicative of industry expansion or modernization.
Future trends to watch for:
- Technological advancements in paperboard processing.
- US manufacturing trends impacting import reliance.
- Potential shifts in trade policies affecting cost and supply chains.
