PET Felt Panels: The Eco-Friendly Revolution in Interior Design
PET Felt Panels Market Size The market for PET felt panels on a global scale has exhibited significant growth in recent years. In 2022, the market size reached an impressive valuation of approximately USD 94.61 million. Looking ahead, industry experts predict a promising trajectory for this market, with projections indicating a substantial increase to around USD 143.69 million by the year 2030. This anticipated growth is expected to be driven by a compound annual growth rate (CAGR) of approximately 5.39% between the years 2023 and 2030. These figures underscore the robust potential and expanding opportunities within the PET felt panels market. What are PET Felt Panels? Sustainable PET felt panels are utilized in interior design and architecture. Recycled PET (polyethylene terephthalate) plastic bottles and other materials are processed into felt-like fabric. Heat and pressure compress and fuse the fibers, creating a robust, eco-friendly material. These panels are great for sound in