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India Coco Coir Market (2023-2028) by Products, Nature, Source, Applications, and End-Users, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis

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  • 136 Pages
  • January 2023
  • Region: India
  • Infogence Global Research
  • ID: 5566739

India is the world's No. 1 coir producer but exports the bulk of it to China, which reaps the benefits with value-added products

India's Coco Coir Market is estimated to be USD 94.56 Mn in 2023 and is expected to reach USD 153.4 Mn by 2028, growing at a CAGR of 10.16%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

India’s Coco Coir Market is segmented based on Products, Nature, Source, Applications, and End-Users.
  • By Products, the market is classified into Coco Coir Grow Bags, Bales, Coir Material, Open Tops, Blends & Loose Substrate, and Others.
  • By Nature, the market is classified into Organic and Conventional.
  • By Source, the market is classified into Green Coconuts and Brown Coconuts.
  • By Applications, the market is classified into Rope & Cordage, Coco Nets & Twines, Stitched Mats, Coconut Meals , Husk , and Other.
  • By End-Users, the market is classified into Residential and Commercial.

    Company Profiles

    The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Classic Coir, Eco Coir World, Kumaran Fibres, Thiraviyam Coco Products, Vaighai Agro, etc.

    Competitive Quadrant

    The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

    Ansoff Analysis

    The report presents a detailed Ansoff matrix analysis for the India’s Coco Coir Market . Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

    The analyst analyses the India’s Coco Coir Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

    Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

    Why buy this report?

    • The report offers a comprehensive evaluation of the India’s Coco Coir Market . The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
    • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
    • The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
    • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
    • The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

    Report Highlights:

    • A complete analysis of the market, including parent industry
    • Important market dynamics and trends
    • Market segmentation
    • Historical, current, and projected size of the market based on value and volume
    • Market shares and strategies of key players
    • Recommendations to companies for strengthening their foothold in the market

    Table of Contents

    1 Report Description
    1.1 Study Objectives
    1.2 Market Definition
    1.3 Currency
    1.4 Years Considered
    1.5 Language
    1.6 Key Stakeholders

    2 Research Methodology
    2.1 Research Process
    2.2 Data Collection and Validation
    2.2.1 Secondary Research
    2.2.2 Primary Research
    2.2.3 Models
    2.3 Market Size Estimation
    2.3.1 Bottom-Up Approach
    2.3.2 Top-Down Approach
    2.4 Assumptions of the Study
    2.5 Limitations of the Study

    3 Executive Summary
    3.1 Introduction
    3.2 Market Size, Segmentations and Outlook

    4 Market Dynamics
    4.1 Drivers
    4.1.1 Increase in Demand for Coir in Farming and Geotextile Industry
    4.1.2 Government Initiatives to Promote Horticulture
    4.1.3 Surge in Demand for Eco-Friendly Products
    4.2 Restraints
    4.2.1 Limited Lifespan of Product
    4.3 Opportunities
    4.3.1 Growing Demand for Hydroponic Vegetables & Fruits
    4.3.2 Increasing Industrialization and Adoption of Sustainable Products in Emerging Markets
    4.3.3 Increasing Penetration in Gardening and Hydroponic Farming
    4.4 Challenges
    4.4.1 Use of Synthetic Based Products

    5 Market Analysis
    5.1 Regulatory Scenario
    5.2 Porter's Five Forces Analysis
    5.3 PESTLE Analysis
    5.4 SWOT Analysis
    5.5 Impact of COVID-19
    5.6 Impact of Economic Slowdown & Impending Recession
    5.7 Ansoff Matrix Analysis

    6 India’s Coco Coir Market , By Products
    6.1 Introduction
    6.2 Coco Coir Grow Bags
    6.3 Bales
    6.4 Coir Material
    6.5 Open Tops
    6.6 Blends & Loose Substrate
    6.7 Others

    7 India’s Coco Coir Market , By Nature
    7.1 Introduction
    7.2 Organic
    7.3 Conventional

    8 India’s Coco Coir Market , By Source
    8.1 Introduction
    8.2 Green Coconuts
    8.3 Brown Coconuts

    9 India’s Coco Coir Market , By Applications
    9.1 Introduction
    9.2 Rope & Cordage
    9.3 Coco Nets & Twines
    9.4 Stitched Mats
    9.5 Coconut Meals
    9.6 Husk
    9.7 Other (Mattings, Rug)

    10 India’s Coco Coir Market , By End-Users
    10.1 Introduction
    10.2 Residential
    10.3 Commercial

    11 Competitive Landscape
    11.1 Competitive Quadrant
    11.2 Market Share Analysis
    11.3 Strategic Initiatives
    11.3.1 M&A and Investments
    11.3.2 Partnerships and Collaborations
    11.3.3 Product Developments and Improvements

    12 Company Profiles
    12.1 Classic Coir
    12.2 Eco Coir World
    12.3 Kumaran Fibres
    12.4 Nelsun Coir Pvt. Ltd.
    12.5 SMS Exporters
    12.6 Sri Jayanti Coirs
    12.7 Srimathi Exports
    12.8 Thiraviyam Coco Products
    12.9 Vaighai Agro

    13 Appendix
    13.1 Questionnaire

    Companies Mentioned

    • Classic Coir
    • Eco Coir World
    • Kumaran Fibres
    • Nelsun Coir Pvt. Ltd.
    • SMS Exporters
    • Sri Jayanti Coirs
    • Srimathi Exports
    • Thiraviyam Coco Products
    • Vaighai Agro