Based on the forecasted data, the industry is expected to see a consistent year-on-year decline:
- 2024-2025: -4.27%
- 2025-2026: -4.41%
- 2026-2027: -4.57%
- 2027-2028: -4.72%
Future Trends: It is crucial to monitor advancements in sustainable material technologies, increasing regulatory pressures for environmental compliance, and shifts in global supply chain dynamics, which could significantly impact the sector's future performance.