In 2023, the import volume of artificial flowers, foliage, and fruit of plastic to the US stood at an undisclosed number below the 55.226 million kilograms forecasted for 2024. From 2024 to 2028, a consistent year-on-year increase is observed, starting at 55.226 million kilograms in 2024 and reaching 61.074 million kilograms by 2028. The year-on-year growth rate is approximately 2.7% to 3% annually. The five-year compound annual growth rate (CAGR) indicates an average annual growth of around 2.6% to 2.9%.
Future trends to watch for include:
- Potential shifts in consumer preferences towards eco-friendly alternatives.
- Impact of global trade policies on import volumes.
- Technological advancements in sustainable materials that may affect traditional plastic products.