Forecast: Coir Production in India

The forecasted coir production in India shows a steady increase from 2024 through 2028, starting at 606.01 thousand metric tons and growing to 625.31 thousand metric tons. By observing the yearly data incrementally, a consistent growth pattern suggests slight year-on-year variations. As current data from 2023 is absent, determining exact annual growth rates is challenging, but forecasts imply a modest, consistent upward trend each year. This is further indicated by potential compound growth over a five-year span.

Future trends to watch for:

  • Increased demand for sustainable materials boosting coir production.
  • Technological advancements enhancing production efficiency.
  • Potential impacts of climate change on raw material availability and production processes.
  • Government policies supporting export growth and domestic utilization of coir.

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