In 2023, the import volume of paper and paperboard products coated or impregnated with materials like wax or glycerol to the US stood at approximately 15.7 million kilograms. Forecast data suggests a steady increase, with projections reaching 17.486 million kilograms by 2028. This represents a compound annual growth rate (CAGR) of about 2.3% from 2024 to 2028. Year-on-year growth is anticipated to range from 2.3% to 2.5%, reflecting a consistent upward trend influenced potentially by rising demand for packaging and specialty paper products.
Future trends to watch for include:
- Shifts in consumer preferences towards eco-friendly and sustainable paper products.
- Technological advancements in coating and impregnation processes.
- Fluctuations in raw material costs and potential supply chain disruptions.