Precision Business Insights has published a report on the global coir market, estimating its value at USD 857.0 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 8.7% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/coir-market

Market Definition:

A natural fiber called coir is taken from the coconut's outer husk. Products including floor mats, brushes, ropes, beds, and upholstery padding are all made with it. Coir is renowned for its strength, resilience to water, and environmental friendliness.

Drivers:

1)      Rising demand for eco-friendly products.

2)      Growth in home furnishing and textile industries.

The global coir market segmentation:
1) By Source: Green Coconuts, Brown Coconuts.
2) By Product Type: Brown Fibre, White Fibre, Buffering, Bristle Coir.
3) By Form: Bales, Blocks, Disks & Coins, Husk Chips, Grow Bags & Open Top, Rope.
4) By End User: Coir Pith, Coir Fiber, Tufted Mats, Handloom Mats, Curled Coir & Coir Yarn, Geo-Textiles.
Regional Overview:
The report also examines the current concerns and their Future Effects on the coir market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the coir market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

·         North America (U.S., Canada)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

·         Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)

·         Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like A Allwin Coir, Coco Argo, FibreDust LLC, Kumaran Fibres, Nature's Bounty PLC, Nelsun Coir, Pelemix Ltd., RA Coir Exports, SIVANTHI JOE COIRS, SMS Exporters, Thiraviyam Coco Products, Vaighai Worldwide.

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