According to a research report published by Spherical Insights & Consulting, the Global Carpet Tape Market Size is Expected to Grow at a CAGR of 5.1% during the forecast period 2023-2033.

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Carpet tape is a durable double-sided tape used to secure carpets and rugs to floors, providing a long-lasting adhesive compound to prevent wrinkling or sliding, especially in areas with heavy foot traffic or households with pets or children. Conventional techniques, such as using screws and bolts, are difficult, cumbersome, and ugly. Carpet tape is a pressure-sensitive adhesive that can be used to quickly solve a variety of business issues while providing flexibility and ease of removal when attaching carpets to concrete or tile. Airports, hotels, galleries, museums, fitness centers, physical therapy centers, and commercial and industrial establishments are all advised to use foam rubber flooring. Carpets, entry mats, non-slip mats, temporary flooring, and rubber floor runners are additional options. Urbanization, westernized lifestyles, and the presence of furniture in less developed nations are all contributing factors to the growth of the furniture industry. The market for flexible plastics is expanding as a result of its ability to adjust to shifting consumer demands. However, a temporary barrier to the growth of the anti-corrosion coatings market is the rise in manufacturing costs for double-sided tape manufacturers brought on by supply chain disruption, geopolitical unrest, and price swings.

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.

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The acrylic-based carpet tape segment is predicted to hold the largest market share through the forecast period.

Based on the adhesive type, the carpet tape market is classified into rubber-based carpet tape and acrylic-based carpet tape. Among these, the acrylic-based carpet tape segment is predicted to hold the largest market share through the forecast period. The growth is attributed to their excellent oxidation resistance, wide temperature range, UV resistance, color constancy, anti-aging properties, and balance of adhesion and cohesion, acrylic-based tapes are well known for their quick curing time, high peel, tack, and shear strength, and water resistance.

The rug binding segment is anticipated to hold the fastest market share during the projected timeframe. 

Based on the application, the carpet tape market is divided into carpet installation, rug binding, temporary floor covering, and others. Among these, the rug binding segment is anticipated to hold the fastest market share during the projected timeframe. Rug binding, which uses carpet tape and sewing machines, is an easy and inexpensive way to fix frayed carpeting edges. It can be customized to match the carpet because it comes in a large range of colors and materials.

The commercial segment is anticipated to hold a significant market share during the projected timeframe.   

Based on the end-users, the carpet tape market is divided into residential and commercial. Among these, the commercial segment is anticipated to hold a significant market share during the projected timeframe. The demand for innovative bonding solutions is increasing due to urbanization and infrastructure development. This tape offers speedy installation and creative flexibility for mounting panels, signage, and mirrors, driving market expansion and prompting manufacturers to develop advanced adhesive solutions.

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North America is estimated to hold the largest share of the carpet tape market over the forecast period.

North America is estimated to hold the largest share of the carpet tape market over the forecast period. The increasing need for dependable and efficient adhesive solutions in sectors like packaging, construction, automotive, and electronics is expected to drive further growth and innovation in the North American tapes industry, which is dominated by the region’s top manufacturers and technological advancements.

Asia Pacific is predicted to have the fastest CAGR growth in the carpet tape market over the forecast period. The rapid industrialization and attraction of foreign investors in emerging countries such as South Korea, China, Vietnam, and India are propelling the tape market’s expansion, leading to a variety of applications.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global carpet tape market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major key players in the carpet tape market include 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 2023 to 2033. Spherical Insights has segmented the 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 Analysis

• 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

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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.

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