The forecast for imports of floor coverings of coconut fibres (coir) to France indicates a downward trend from 2024 to 2028. Starting at 1.3331 million kilograms in 2024, the imports are expected to decline to 1.0239 million kilograms by 2028. This represents a consistent year-on-year decrease, suggesting an annual reduction rate over the five-year period. Notably, the import volume was already lower in 2023, indicating a continuing contraction. The Compound Annual Growth Rate (CAGR) across these years further highlights an enduring downward trajectory.
In terms of future trends, several factors may influence this market:
- Environmental regulations and a shift towards sustainable materials might drive attention toward alternative materials.
- Potential economic fluctuations in Europe could affect the demand for home improvements, including floor coverings.
- Consumer preferences and innovations in design could alter the demand dynamics in favor of more versatile and modern options over traditional coir products.
