Global Carpet Tape Market Size is Expected To Hold a Significant Share By 2033 | CAGR Of 5.1%

Category: Advanced Materials

RELEASE DATE May 2024
REPORT ID SI4305

A PHP Error was encountered

Severity: Notice

Message: Undefined variable: table

Filename: press/detail.php

Line Number: 118

Backtrace:

File: /home/admin/web/sphericalinsights.com/public_html/application/views/press/detail.php
Line: 118
Function: _error_handler

File: /home/admin/web/sphericalinsights.com/public_html/application/views/layouts/master_header_footer.php
Line: 720
Function: view

File: /home/admin/web/sphericalinsights.com/public_html/application/controllers/Press.php
Line: 89
Function: view

File: /home/admin/web/sphericalinsights.com/public_html/index.php
Line: 295
Function: require_once

Global Carpet Tape Market Size is expected to hold a significant share by 2033

According to a research report published by Spherical Insights & Consulting, the Global Carpet Tape Market Size is Expected to Hold a Substantial Share by 2033, at a Compound Annual Growth Rate (CAGR) of 5.1% during the projected period.

Global Carpet Tape Market

Get more details on this report -

Request Free Sample PDF

Browse key industry insights spread across 200 pages with 120 Market data tables and figures & charts from the report on the "Global Carpet Tape Market Size, Share, and COVID-19 Impact Analysis, By Adhesive Type (Rubber-based Carpet Tape and Acrylic-based Carpet Tape), By Application (Carpet Installation, Rug Binding, Temporary Floor Covering, and Others), By End-Users (Residential and Commercial), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/carpet-tape-market

 

Carpet tape, a double-sided tape, is used for attaching carpets and rugs to the floor. It can prevent the carpet from slipping or wrinkling and keep it in place because it is made of a strong, long-lasting adhesive component. Carpet tape is used in homes with dogs or children, as well as in areas with high foot traffic, to ensure that the carpet remains in place. The furniture industry is becoming increasingly pushed by its growing presence in developing countries. The demand for carpets has increased as more people move to cities and adopt Westernised attitudes and lifestyles. The expanding e-commerce industry has further accelerated this trend on a global scale. One of the biggest winners in this scenario is the flexible plastics industry because it offers products that may change to meet the demands of customers. Thus, during the forecast period, these factors are driving market expansion. However, this increase is caused by supply chain disruption, geopolitical instability, and price variations, all of which have a significant impact on the manufacturing costs of double-sided tape manufacturers. Therefore, the limitations offer a substantial temporary barrier to the growth of the anti-corrosion coatings market.

 

The acrylic-based carpet tape segment is expected to hold the largest share of the global carpet tape market during the anticipation timeframe.   

Based on the adhesive type, the global carpet tape market is categorized into rubber-based carpet tape and acrylic-based carpet tape. Among these, the acrylic-based carpet tape segment is expected to hold the largest share of the global carpet tape market during the anticipation timeframe. They also have exceptional anti-aging qualities and retain their colour over time. Notably, they strike a fine balance between adhesion and cohesion to produce a high degree of peel, tack, and shear strength in addition to the ideal level of water resistance.

 

The rug binding segment is expected to grow at the fastest CAGR during the anticipation timeframe.   

Based on the application, the global carpet tape market is categorized into carpet installation, rug binding, temporary floor covering, and others. Among these, the rug binding segment is expected to grow at the fastest CAGR during the anticipation timeframe. It's usually the simplest and most cost-effective approach to finish a carpet edge. Another benefit is the large range of colours and materials that can be used for binding. Almost any shade can be chosen by anyone to go with carpet.

 

The commercial segment is expected to hold a significant share of the global carpet tape market during the anticipation timeframe.

Based on the end users, the global carpet tape market is categorized into residential and commercial. Among these, the commercial segment is expected to hold a significant share of the global carpet tape market during the anticipation timeframe. This tape offers an easy and neat way to affix panels, signage, mirrors, and other construction elements, allowing for quick installation and creative versatility. This indicates that there is a steady demand for the product, which propels market growth and forces producers to develop innovative adhesive solutions to satisfy these rapidly evolving markets.

 

North America is projected to hold the largest share of the global carpet tape market over the anticipation timeframe.

 

Global Carpet Tape Market

Get more details on this report -

Request Free Sample PDF

North America is projected to hold the largest share of the global carpet tape market over the anticipation timeframe. Many reasons contribute to North America's leadership in the carpet tapes business, such as the advancement of technology, the presence of significant tape manufacturers, and the development of infrastructure. It is anticipated that the tape business in the region will keep growing and innovating due to the increasing number of applications and the need for trustworthy and efficient adhesive solutions.

 

Asia Pacific is expected to grow at the fastest CAGR growth of the global carpet tape market during the anticipation timeframe. The market is anticipated to expand as a result of the quick industrialization of emerging countries and their ability to draw in foreign capital. These countries have a growing need for this tape for a range of applications. Emerging markets such as South Korea, China, Vietnam, and India are propelling this industry expansion.

 

Major vendors in the global carpet tape market are SURFACE SHIELD, 3M, tesa, Polyken, Avery Dennison, Advance Tapes International, ECHOtape, HALCO, Venturetape, Can-Do National Tape, Berry Global Inc., UK Industrial Tapes Ltd, GCP Applied Technologies, Roberts Consolidated Industries, Gorilla Glue Inc., Shurtape Technologies, and others.

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting and Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global carpet tape market based on the below-mentioned segments: 

 

Global Carpet Tape Market, By Adhesive Type

  • Rubber-based Carpet Tape
  • Acrylic-based Carpet Tape

 

Global Carpet Tape Market, By Application

  • Carpet Installation
  • Rug Binding
  • Temporary Floor Covering
  • Others

 

Global Carpet Tape Market, By End Users

  • Residential
  • Commercial

 

Global Carpet Tape Market, By Regional

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

 

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

 

CONTACT US:

For More Information on Your Target Market, Please Contact Us Below:    

Phone: +1 303 800 4326 (the U.S.)

Phone: +91 90289 24100 (APAC)

Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com

Contact Us: https://www.sphericalinsights.com/contact-us

Follow Us: LinkedIn | Facebook | Twitter

Need help to buy this report?

Inquiry Before Buy
We'll use cookies to improve and customize your experience if you continue to browse. Is it OK if we also use cookies to show you personalized ads?
Learn more and manage your cookies
Yes, Accept Cookies