Playwright automation framework is built on top of WebDrive protocol, which is standard for controlling web browsers from a web program. Therefore it can automatically wait for dynamic web elements to appear before interacting.
However, it is possible that you are interacting with an element that is added and removed from a webpage. In such cases, you must use additional steps to synchronize with your test and ensure that the element is stable.
For that, you can use the waitFor function, an inbuilt function from Playwright, that will pause the test or wait for a specific condition to be true before moving further.
It is also good practice to add appropriate error handling while dealing with an element not present on the page. It will prevent your test from failing due to unexpected factors.