Because of its ability to absorb water, coconut coir is well suited for use in hydroponic and horticultural settings. This makes it an environmentally beneficial product. The expansion of the coconut coir market is being driven by a growing demand for environmentally friendly products that have lightweight features, as well as an expanding upholstery sector. For example, the Association of Furniture Manufacturers of India (AFMI) estimates that the value of the furniture sector in India was $17,922 million in 2015. This figure was reported for the year 2015.
According to the same source, the Coconut Coir market for furniture intended for use in private residences is anticipated to be worth 15 billion dollars by the year 2020.
Key Companies in the Coconut Coir Industry:
1. Geewin Exim,
Geewin Exim,was founded in 2011 and its headquarter Madurai india.The company operates in 20 countries.
2. Sai Cocopeat Export Private Limited
Sai Cocopeat Export Private Limited founded in 1992, and it’s located in Dindigul East, Dindigul.The company operates in50 Countries. In 2021 Coco peat is an efficient hydroponic material, since plants grow 50 Sai Cocopeat Export Private Limited is an ISO certified company
3. MS Exporters
MS Exporters was launch in 1989 and it’s headquarter located in Thrissur, Kerala india.it operate over 60 country.
4 Allwin Coir
Allwin Coir was launch in 2004 and it’s headquarter located in Frankfurt, Germany..it operate over 20 country.
5. benlion Coir Industries
US Worldmed was founded in 2005, with its headquarters in Tamil Nadu, South India. With businesses in over 30 countries.
6. Travancore Cocotuft,.
Travancore Cocotuft, Was launch in2011 and its headquarter Mumbai India .it operate over 10 country. According to Pavithran, Managing Director of Travancore Cocotuft, increased procurement of coir fibre by Chinese upholstery factories
7. Travancore Cocotuft
Travancore Cocotuft was launch in2000 and it’s headquarter located in Alappuzha , Kerala india.it operate over 85 country. In 2021 They used to spin coir yarns derived from coconut husk. They had a knack for converting these handspun ropes into excellent foot mats
8. Classic Coir
Classic Coir was launch in 1995and it’s headquarter located in Maruthi Sevanagar, Bangalore india.it operate over 50 country.
Definition- The husk or coir of a coconut, which is often referred to as the fiber of a coconut, can be removed from the coconut. It is a natural fiber that is stiff and coarse, and it is spun into a natural yarn that is flexible. It is removed from the outer husk of the coconut either manually or via the use of machines.
