Global Carpet Tape Market projected to have substantial growth by 2033

From GlobeNewswire: 2024-05-20 14:00:00

The Global Carpet Tape Market is projected to have a substantial share by 2033, with a CAGR of 5.1% during the forecast period. Carpet tape, a double-sided tape, prevents slipping/wrinkling and is popular in homes with high foot traffic. The furniture industry is also influenced by the growing demand for carpets in developing countries. The acrylic-based carpet tape segment is expected to dominate the market due to its anti-aging properties. Rug binding is projected to see the fastest growth in application. The commercial segment holds a significant share in the market due to the demand for easy and neat ways to affix construction elements. North America leads the market due to technology advancement and infrastructure development, while Asia Pacific is projected to experience the fastest CAGR growth. Key vendors include 3M, tesa, and Avery Dennison. Market segmentation includes Adhesive Type, Application, End Users, and Region, with thorough analysis and forecasts. Spherical Insights & Consulting offers comprehensive market research and consulting services catering to various industries for informed decision-making.



Read more at GlobeNewswire: Global Carpet Tape Market Size is Expected To Hold a