According to Cognitive Market Research, the global Coconut Fiber market size is USD 372.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 8.50% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 148.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 111.66 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 85.61 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.5% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 18.61 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 7.44 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.
The Brown Fibre held the highest Coconut Fiber market revenue share in 2024