Coir Industry 2019 Research Report States Current Status and Growth Prospects of the Industry

1. Coir Market Coir Market Report: Company Analysis, History and Future Overview, Global Sales Trends by 2025 www.qyrconsulting.com

2. Extracted from the husk of coconuts, coir is a natural fiber. It is found between the internal, hard shell and the outer layer of coconut. The products made from coir are used in various industries such as geo-textile, upholstery, hydroponics, agriculture and horticulture. Consumers are preferring eco-friendly products, which increases the demand for coir products. Hydroponics industry is trending in some of the developed regions including North America and Europe, which has ultimately increased the demand for coir pith because of its extraordinary properties.  Coir fiber is traditionally used to produce rugs, coir rope, doormats, twines, brushes and brooms due to their cutting-edge properties such as soil erosion control capacity, higher water absorption capacity and high durability. Coir has its originality in the Asia Pacific region, especially in Srilanka and India where coconuts are produced in huge quantity and exported all over the globe. Market Dynamics ●      Coir has advanced properties such as enhancing soil stability and controlling soil erosion. It therefore emerges as a low-cost and eco-friendly option for geotextile, which is used in horticulture, agriculture and civil engineering ●     Coir is a completely natural and organic resource, which is not harmful. Coir fiber is used as a substitute for wood. These factors are contributing to the growth of the global coir market ●     The growing demand for hydroponic tomatoes and other vegetables has increased in the past few years. Coir pith is the significant component that is used to grow media for the hydroponics system, which ultimately responsible for the growth of the market

3. Top Players in the Market • Some of the key players operating in the global coir market are Classic Coir, Geewin Exim, BENLION COIR INDUSTRIES, SMS Exporters, Travancore Cocotuft, Sai Cocopeat Export, Kumaran Coir and Allwin Coir.  • Kerala Government’s Efforts to Modernize India’s Coir Industry • While flax, cotton and hemp have developed over time, coir is far behind and slowly emerging which tells a story of its struggle to survive. However, due to a series of efforts taken by the Kerala government the coir industry is changing eventually. Introducing various new products and machines for making yarn is on the agenda of the Kerala Government.    • Get PDF template of this report: https://www.qyrconsulting.com/request-sample/7282 •  By Type • ●   White Fiber • ●   Brown Fiber •  By Application • ●   Carpentry Industry • ●   Food Industry • ●   Fishing Industry • ●   Agriculture Industry • ●   Upholstery Industry

4. By Region Due to the largest production of coir in India and Srilanka, Asia Pacific region is dominating the coir market followed by North America and Europe region. To promote coir industry, India has taken systematic and considerable efforts such as arranging International Coir Festival. These efforts encourage the market for further expansion and to increase the production.   Report TOC, Figures and Tables: https://www.qyrconsulting.com/reports/coir-market

5. RESEARCH METHODOLOGY SUPPLY SIDE • DATABASE MACROECONOMIC • INSIGHT • In-depth interview Data Mining & Handling Build Connection Data Verification • Interviews of: • Manufacturers, Distributor, Opinion Leaders, Industry Experts, Front-line Staff, Directors, CEO, Marketing Executives, Technology, Innovation Directors and • Executives from Related Industries and Organizations • Through interviews, research analysts collect & sort data and establishes research models. • Secondary Sources: • Annual Reports, Presentations, Press Releases, Journals, Paid Databases • All possible demand side factors that influence the markets: Effect of inflation, economic downturns, and changed regulations & policy or other factors • Market Size is validated through Primary Sources and Secondary Sources Establishing point to point products and capital flows within the chain

6. RESEARCH APPROACH Date Source: Our Secondary Data Sources 70% of the data has collected from the first-hand information Secondary sources occupies approximately of the overall sources 30%

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