In 2023, the import of wadding of man-made fibers other than sanitary articles to the UK stood at $43.5 million. Based on forecasts, imports are expected to grow steadily over the coming years, reaching $48.748 million by 2028. The year-on-year variations indicate a consistent increase in import values, with a forecasted annual growth in the range of approximately 2.5% to 2.2% from 2024 to 2028. Over this five-year forecast period, the compound annual growth rate (CAGR) is projected to average around 2.3%.
The following trends should be monitored in the future:
- Evolving global trade policies that could impact the cost or availability of wadding materials.
- Technological advancements in synthetic fiber production which may influence demand and import trends.
- Changes in domestic manufacturing capacities or competition that may affect import reliance.
