The import of machines making paper and board boxes, excluding moulded varieties, into the US showed significant growth from 2023 to 2028. In 2023, imports stood at a lower level compared to the forecasted 14.292 million kilograms for 2024. Year-on-year growth is projected as follows: 2025 (2.89%), 2026 (2.75%), 2027 (2.62%), and 2028 (2.52%). Over the five-year period, a consistent Compound Annual Growth Rate (CAGR) suggests a steady increase in demand and import quantities.
Future trends to monitor include:
- Technological advancements in machinery potentially increasing output efficiency.
- Shifts in global trade policies impacting import volumes.
- Rising demand for sustainable packing solutions driving machine imports.
- Economic factors affecting manufacturing investments in the US market.