Global Coir Market Size, Status and Opportunity 2019-2025 | Geewin Exim, SMS Exporters, Sai Cocopeat Export, Kumaran Coir, Classic Coir
Coir is a natural fiber, which is extracted from the husk of the coconut. It is the fibrous material found between the hard, internal shell and the outer coat of a coconut. Coir is native to the Asia Pacific region, specifically India and Srilanka, where coconut is produced in a large quantity and exported across the world. Currently, the global annual production of coir is 650 000 tones. Mainly the coastal region of India, produces around 60% of the total world supply of white coir fiber, whereas Sri Lanka produces around 36% of the total world brown fiber output. Over 50% of the coir produced annually throughout the world is consumed in the developing countries. Recently, countries such as Mexico, Indonesia, Vietnam and certain Caribbean countries have started to supply coir to the global market on a large scale.Request for discount@ https://www.researchtrades.com/discount/1689202
The growing demand for eco-friendly products in the market is where coir should fast step in. It is a lightweight, soilless growing medium made from the fibers which are found between a ripe coconut's shell and an outer surface. As it?s a material that occurs in nature, it?s completely renewable and is therefore considered an excellent choice for environmental sustainability. The efforts support the market expansion for coir and the Asia Pacific hopes to further increase production by streamlining the fiber collection process to meet demand. Research and development efforts are continuing to focus on the use of coir in geotextiles and other new applications as the market show promising prospects. The coir market also has many weaknesses and is facing real threats. It is under constant threat from other natural fibers and synthetics. The key reasons which are restraining the market to grow are the negligence towards the benefits of coir and its market. The market as a whole has not influenced government policies to improve its chances for competitiveness. Government policy assumes coir is a byproduct of the coconut industry, rather than an industry on its own. As a result, little thought, much less funding, has gone into improving the competitiveness of the coir industry. The government, for instance, has no long-term plans for modernization loans and no minimum standards for exporters of coir products.
In 2019, the market size of Coir is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Coir.
This report studies the global market size of Coir, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Coir production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered: Geewin Exim, SMS Exporters, Sai Cocopeat Export, Kumaran Coir, Allwin Coir, Travancore Cocotuft, BENLION COIR INDUSTRIES, Classic Coir
Market Segment by Product Type: Brown Fiber, White Fiber
Market Segment by Application: Food Industry, Agriculture Industry, Upholstery Industry, Fishing Industry, Carpentry Industry
Key Regions split in this report: breakdown data for each region.: United States, China, European Union, Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Coir status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Coir manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
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In this study, the years considered to estimate the market size of Coir are as follows: History Year: 2014-2018, Base Year: 2018, Estimated Year: 2019, Forecast Year 2019 to 2025
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