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The global jute bag market size reached US$ 2.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.8 Billion by 2027, exhibiting a CAGR of 8.94% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Jute bags are made from natural fibers, which are derived from the stems of the white or the Tossa jute plant. They are durable, reusable, lightweight, economical, sustainable and strong, and exhibit low thermal conductivity and antistatic, sound insulation, and moderate moisture retention properties. As a result, they are used in the manufacturing of commercial packaging bags across the globe. Nowadays, several manufacturers are introducing multi-purpose bags in various sizes, types, textures, and colors that can be used in multiple ways, including backpacks, school bags, shopping bags, and carry bags.
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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The rising awareness among the masses about the toxic nature and harmful effects of plastic bags on the environment is resulting in the growing adoption of eco-friendly and biodegradable carry bags. This represents one of the key factors escalating the demand for jute bags around the world. In addition, governing agencies of various countries are implementing strict regulations, such as a ban on plastic bags, to promote a healthy and pollution-free eco-system. This, in turn, is presenting manufacturers operating in the industry with lucrative growth opportunities to expand their consumer base and improve profitability. Besides this, the introduction of a substantial range of customized and stylish bag options is contributing to the market growth. Apart from this, key market players are focusing on expanding their sales by launching innovative jute bags through online organized retail channels that offer easy availability and a wide range of products supported with doorstep delivery. This, in turn, is anticipated to provide a positive thrust to the market in the coming years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global jute bag market report, along with forecasts at the global and country level from 2022-2027. Our report has categorized the market based on product type, end use and price.
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Breakup by Product Type
Currently, jute sack bags dominate the market as they are widely used in the packaging food grains, cereals, rice, wheat, and other commodities.
Breakup by Price
Mass jute bags presently account for the majority of the total market as they are economical and easily available than the premium variants.
Breakup by End-Use
The institutional segment exhibits a clear dominance in the market on account of shifting preferences for eco-friendly packaging materials.
Breakup by Region
India holds the majority of the market share due to the availability of adequate natural fertile soil required for producing jute and advancements in technology and crop cultivation processes in the country.
Competitive Landscape
The competitive landscape of the market has been analyzed in the report, coupled with the detailed profiles of the leading players operating in the industry. Some of these key players are Aarbur Exports Pvt. Ltd, Shree Jee Global Pvt Ltd., Emjay Group LLC, Hitachi KK Manufacturing Company Pvt Ltd, Ashoka Exports Pvt Ltd, and Gloster Limited.
This report provides a deep insight into the global jute bag market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a jute bag manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the jute bag industry in any manner.
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2021 |
| Historical Period | 2016-2021 |
| Forecast Period | 2022-2027 |
| Units | Million Pieces, US$ Billion |
| Segment Coverage | Product Type, End Use, Price, Country |
| Countries Covered | India, Bangladesh, China, Others |
| Companies Covered | Aarbur Exports Pvt. Ltd, Shree Jee Global Pvt Ltd., Emjay Group LLC, Hitachi KK Manufacturing Company Pvt Ltd, Ashoka Exports Pvt Ltd, and Gloster Limited |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global jute bag market was valued at US$ 2.3 Billion in 2021.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in disruptions in import and export activities of jute bags.
We expect the global jute bag market to grow at a CAGR of 8.94% during 2022-2027.
The growing adoption of jute bags based on their biodegradability, durability, low cost, high strength, etc., is one of the key factors catalyzing the global jute bag market.
Based on the product type, the global jute bag market can be segregated into jute sack bags and jute shopping bags. Among these, jute sack bags hold the largest market share.
Based on the end use, the global jute bag market has been bifurcated into the retail and institutional segments. Currently, the institutional segment exhibits a clear dominance in the market.
Based on the price, the global jute bag market can be categorized into premium jute bags and mass jute bags. Among these, mass jute bags currently account for the majority of the total market share.
On a regional level, the market has been classified into India, Bangladesh, China, and others, where India currently dominates the global market.
Some of the major players in the global jute bag market include Aarbur Exports Pvt. Ltd, Shree Jee Global Pvt Ltd., Emjay Group LLC, Hitachi KK Manufacturing Company Pvt Ltd, Ashoka Exports Pvt Ltd, and Gloster Limited.
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