Rising Demand for Tufted Carpets Driving Carpet Backing Materials Market Growth
The global carpet backing materials market is experiencing steady growth, driven by rising demand from construction and commercial sectors. Valued at US$ 8.7 Bn in 2022, the market is projected to reach US$ 13.7 Bn by 2031, expanding at a CAGR of 5.1% during the forecast period. This growth reflects increasing investments in infrastructure, evolving interior design preferences, and the need for...
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