Coco Coir (Coconut) Market Size, Share, Demand, Growth 2023-2028
The global coco coir market size reached US$ 351.7 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 509.8 Million by 2028, exhibiting a growth rate (CAGR) of 6.11% during 2023-2028. What is Coco Coir Market? Coco coir, also known as coconut coir or coco peat, is a versatile and sustainable natural fiber derived from the husk of coconuts. It is widely used in various industries and applications, including horticulture, agriculture, landscaping, and even in the manufacturing of furniture and erosion control products. Coco coir is an excellent growing medium due to its unique properties. It has high water-holding capacity, allowing it to retain moisture while still providing proper aeration to plant roots. This makes it an ideal choice for hydroponic systems, container gardening, and greenhouse cultivation. Coco coir is also rich in beneficial microorganisms, which enhance plant growth and nutrient absorption. Request for a free sample copy of this report: h