Carpet Backing Materials Market to Reach USD 13.7 Billion by 2031...

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2026-09-22 18:27:13 -

Carpet Backing Materials Market to Reach USD 13.7 Billion by 2031 from USD 8.7 Billion in 2022, Expanding at 5.1% CAGR

The global carpet backing materials market was valued at US$ 8.7 Bn in 2022 and is estimated to expand at a CAGR of 5.1% from 2023 to 2031, reaching US$ 13.7 Bn by the end of 2031. Market growth is primarily driven by the surge in demand for carpets across commercial spaces and continued expansion of the construction industry. Increasing adoption of tufted carpets, growing demand for...

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