The latest report by IMARC Group, titled “Jute Bag Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032“, The global jute bag market size reached US$ 2.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.9 Billion by 2032, exhibiting a growth rate (CAGR) of 8.9% during 2024-2032.
Jute bags are eco-friendly, versatile, and sustainable bags made from the natural fibers of the jute plant (Corchorus olitorius and Corchorus capsularis). They are renowned for their durability, biodegradability, and environmentally friendly characteristics. Jute is a long, shiny vegetable fiber that can be spun into coarse, strong threads. They can vary in size and style, ranging from simple and functional to stylish and decorative. They are commonly used for carrying groceries, shopping, and as promotional or gift bags due to their sturdiness and eco-conscious appeal. One of the key advantages of jute bags is their biodegradability, which makes them an excellent alternative to single-use plastic bags, reducing plastic pollution. Jute is also a highly renewable resource, growing quickly with minimal need for pesticides or fertilizers. At present, jute bags are gaining immense traction as a popular choice for environmentally conscious consumers and businesses across the globe owing to their versatility, sustainability, and positive impact on communities.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/prefeasibility-report-jute-bag-manufacturing-plant/requestsample
Jute Bag Market Trends and Drivers:
The global jute bags market is primarily driven by the growing emphasis on sustainability and eco-friendly packaging solutions. Jute bags, being biodegradable and environmentally friendly, have gained popularity as a viable alternative to plastic bags, aligning with global efforts to reduce plastic pollution. Moreover, governments and organizations across the globe are implementing regulations and bans on plastic bags due to the increasing awareness of the environmental impact of single-use plastics, which in turn has augmented the demand for jute bags as a sustainable option. Additionally, the rapid expansion of fair-trade practices and ethical consumerism has catalyzed market growth, as jute bags are often associated with fair wages and working conditions for jute farmers and workers. Apart from this, the versatility of jute bags, suitable for various applications such as shopping, packaging, and promotional purposes, is propelling market growth. Besides this, continuous innovations in jute bag design, including customization and branding options that enhance their appeal to businesses and consumers, are other major growth-inducing factors. Furthermore, jute’s natural strength and durability that make it an attractive choice for heavy-duty and long-lasting packaging solutions are contributing to market growth.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Product Type:
- Jute Sack Bags
- Jute Shopping Bags
Breakup by End Use:
- Retail
- Institutional
Breakup by Price:
- Premium
- Mass
Breakup by Country:
- India
- Bangladesh
- China
- Others
Competitive Landscape with Key Player:
- Aarbur Exports Pvt. Ltd
- Shree Jee Global Pvt Ltd.
- Emjay Group LLC
- Hitachi KK Manufacturing Company Pvt Ltd
- Ashoka Exports Pvt Ltd
- Gloster Limited
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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