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Global growth forecast for coco coir products

Global growth forecast for coco coir products

Posted by: xoduahongphuc
Category: Coco coir blog
coco coir forecast market 1

Coco Coir Market is assessed to have a potential strong growth since 2019. According to the statitics, evaluation and analysis from (Allied Market Research), “The coco coir market size was valued at $369.70 million in 2019, and is expected to garner $525.70 million by 2027, registering a CAGR of 8.2% from 2020 to 2027”. Coco coir is considered as a eco-friendly product and is well suited for hydroponic and horticultural application because of its good water absorption. Moreover, with the current effects of global warming and climate change, the need to find a benign and eco-friendly product is increasingly popular.

coco coir forecast market 2The development of Coco Coir Market contributes to the sustainable development program of creating eco-frienly products and is widely used in production, horticulture, and livestock. In addition, consumers increasingly focus on the trend of choosing eco-friendly products is also a big deal to the growth of the global market.

There is a great deal of benefits that Coco Coir brings to the agriculture. Its moisture content and balanced carbon to nitrogen ratio boost the demand and help drive the growth of Coco Coir Market. In addition, government initiatives to promote horticulture-based fruit and vegetable farming are also a crucial factor driving the Coco Coir Market to grow.

Coconut soil which is a mixture of coir, coco peat and coco chips is one of the leading products in the coir industry. Products are designed and packaged in different ways, serving the purposes and needs of users. According to research from Allied Market Research, Grow Bag is at the top of the list, due to its convenience and high efficiency.

We are proud to be the best coco coir company specializing in manufacturing and supplying high quality products with competitive prices, trusted and used by many global partners. We guarantee the safety of our products. 100% organic ingredients provide high nutrients for plants. In addition, our products are very diverse and rich, which can meet the needs and purposes of customers’ cultivation.

Coco Coir Global also provides customer services to support customers in choosing the right product for the best results.

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Author: xoduahongphuc

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