Jute is a natural fibre obtained from the bark of the white jute plant or the tossa jute plant. It is also known as the golden fibre owing to its golden and silky shine, and is extensively used in the manufacturing of packaging products and textiles. As a packaging material, jute offers advantages such as good insulation, low thermal conductivity and moderate moisture retention. On account of this, jute bags are used as packaging material for bulk goods as well as shopping and gift bags. IMARC Group’s latest report, titled “Jute Bag Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, finds that the global jute bag market reached a value of US$ 1.7 Billion in 2018, exhibiting a CAGR of around 11.5% during 2011-2018.
The global jute bag industry is currently at a nascent stage with encouraging growth aspects. The demand for jute bags has witnessed a surge over the past few years, particularly in the European Union. This can be attributed to the growing environment consciousness in the region. The imports of jute bags in non-producing countries have also been facilitated by the ban on plastic packaging materials and bags. Additionally, the benefits offered by jute bags such as their biodegradability, durability, low cost, high strength, etc. have further supported the market growth. According to the report, the market is projected to reach a value of US$ 3.1 Billion by 2024.
The report has analysed the global jute market on the basis of type, covering jute sack bags and jute shopping bags. Currently, jute sack bags dominate the market, accounting for the majority of the sales volume. The market has further been segmented on a regional basis and includes India, Bangladesh, China and Others. Amongst these, India holds the majority of the shares, representing the leading producer of jute bags. The report has also assessed the competitive landscape of the market and finds that it is fragmented in nature. Some of the key players operative in the market include Aarbur, Ashoka Exports, Hitaishi-KK, Howrah Mills Co. Ltd., Shree Jee International India Ltd. and Gloster Limited.
This report provides a deep insight into the global jute bag industry 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.
Key Questions Answered in This Report:
- How has the global jute bag market performed so far and how will it perform in the coming years?
- What are the key regions in the global jute bag market?
- What are the key product types in the global jute bag market?
- What are the key end-use segments in the global jute bag market?
- What is the breakup of the global jute bag market on the basis of price?
- What are the price trends of jute bag?
- What are the various stages in the value chain of the global jute bag industry?
- What are the key driving factors and challenges in the global jute bag industry?
- What is the structure of the global jute bag industry and who are the key players?
- What is the degree of competition in the global jute bag industry?
- What are the profit margins in the global jute bag industry?
- What are the key requirements for setting up a jute bag manufacturing plant?
- How is jute bag manufactured?
- What are the various unit operations involved in a jute bag manufacturing plant?
- What is the total size of land required for setting up a jute bag manufacturing plant?
- What are the machinery requirements for setting up a jute bag manufacturing plant?
- What are the raw material requirements for setting up a jute bag manufacturing plant?
- What are the packaging requirements for jute bag?
- What are the transportation requirements for jute bag?
- What are the utility requirements for setting up a jute bag manufacturing plant?
- What are the manpower requirements for setting up a jute bag manufacturing plant?
- What are the infrastructure costs for setting up a jute bag manufacturing plant?
- What are the capital costs for setting up a jute bag manufacturing plant?
- What are the operating costs for setting up a jute bag manufacturing plant?
- What will be the income and expenditures for a jute bag manufacturing plant?
- What is the time required to break-even?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Market Overview
5 Key Industry trends
6 Global Jute Bag Market
6.1 Market Overview
6.2 Market Trends
6.2.1 Volume Trends
6.2.2 Value Trends
6.3 Price Analysis
6.3.1 Key Price Indicators
6.3.2 Price Structure
6.3.3 Price Trends
6.4 Market Breakup by Geography
6.4.1 India
6.4.1.1 Market Trends
6.4.1.2 Market Forecast
6.4.2 Bangladesh
6.4.2.1 Market Trends
6.4.2.2 Market Forecast
6.4.3 China
6.4.3.1 Market Trends
6.4.3.2 Market Forecast
6.5 Market Breakup by Product Type
6.5.1 Jute Sack Bags
6.5.1.1 Market Trends
6.5.1.2 Market Forecast
6.5.2 Jute Shopping Bags
6.5.2.1 Market Trends
6.5.2.2 Market Forecast
6.6 Market Breakup by End Use
6.6.1 Retail
6.6.1.1 Market Trends
6.6.1.2 Market Forecast
6.6.2 Institutional
6.6.2.1 Market Trends
6.6.2.2 Market Forecast
6.7 Market Breakup by Price
6.7.1 Premium
6.7.1.1 Market Trends
6.7.1.2 Market Forecast
6.7.2 Mass
6.7.2.1 Market Trends
6.7.2.2 Market Forecast
6.8 Market Forecast
6.9 SWOT Analysis
6.9.1 Overview
6.9.2 Strengths
6.9.3 Weaknesses
6.9.4 Opportunities
6.9.5 Threats
6.10 Value Chain Analysis
6.10.1 Raw Material Procurement
6.10.2 Manufacturing
6.10.3 Marketing
6.10.4 Distribution
6.10.5 End-Use
6.11 Porter’s Five Forces Analysis
6.11.1 Overview
6.11.2 Bargaining Power of Buyers
6.11.3 Bargaining Power of Suppliers
6.11.4 Degree of Rivalry
6.11.5 Threat of New Entrants
6.11.6 Threat of Substitutes
7 Competitive Structure
8 Jute Bag Manufacturing Process
8.1 Product Overview
8.2 Detailed Process Flow
8.3 Various Types of Unit Operations Involved
8.4 Mass Balance and Raw Material Requirements
9 Project Details, Requirements and Costs Involved
9.1 Land, Location and Site Development
9.2 Construction Requirements and Expenditures
9.3 Plant Machinery
9.4 Machinery Suppliers
9.5 Machinery Pictures
9.6 Raw Materials Requirements and Expenditures
9.7 Raw Material Suppliers
9.8 Raw Material and Final Product Pictures
9.9 Packaging Requirements and Expenditures
9.10 Transportation Requirements and Expenditures
9.11 Utilities Requirements and Expenditures
9.12 Manpower Requirements and Expenditures
9.13 Other Capital Investments
10 Loans and Financial Assistance
11 Project Economics
11.1 Capital Cost of the Project
11.2 Techno-Economic Parameters
11.3 Product Pricing and Margins Across Various Levels of the Supply Chain
11.4 Taxation and Depreciation
11.5 Income Projections
11.6 Expenditure Projections
11.7 Financial Analysis
11.8 Profit Analysis
12 Profiles of Key Players
List of Figures
Figure 1: Global: Jute Bags Market: Major Drivers and Challenges
Figure 2: Global: Jute Bags Market: Sales Volume (in Million Pieces), 2011-2018
Figure 3: Global: Jute Bags Market: Sales Value (in Million US$), 2011-2018
Figure 4: Jute Shopping Bag Manufacturing: Price Structure Analysis (in US$/Piece)
Figure 5: Global: Jute Bags Market: Average Price Trends (in US$/Piece), 2011-2018
Figure 6: Global: Biodegradable Bags Market Forecast: Average Price Trends (in US$/Piece), 2019-2024
Figure 7: Global: Jute Bags Market: Market Breakup by Region (in %), 2018
Figure 8: Global: Jute Bags Market: Market Breakup by Product Type (in %), 2018
Figure 9: Global: Jute Bags Market: Market Breakup by End Use (in %), 2018
Figure 10: Global: Jute Bags Market: Market Breakup by Price (in %), 2018
Figure 11: India: Jute Bags Market: Sales Volume (in Million Pieces), 2011 & 2018
Figure 12: India: Jute Bags Market Forecast: Sales Volume (in Million Pieces), 2019-2024
Figure 13: Bangladesh: Jute Bags Market: Sales Volume (in Million Pieces), 2011 & 2018
Figure 14: Bangladesh: Jute Bags Market Forecast: Sales Volume (in Million Pieces), 2019-2024
Figure 15: China: Jute Bags Market: Sales Volume (in Million Pieces), 2011 & 2018
Figure 15: China: Jute Bags Market Forecast: Sales Volume (in Million Pieces), 2019-2024
Figure 16: Global: Jute Sack Bags Market: Sales Volume (in Million Pieces), 2011 & 2018
Figure 17: Global: Jute Sack Bags Market Forecast: Sales Volume (in Million Pieces), 2019-2024
Figure 18: Global: Jute Shopping Bags Market: Sales Volume (in Million Pieces), 2011 & 2018
Figure 19: Global: Jute Shopping Bags Market Forecast: Sales Volume (in Million Pieces), 2019-2024
Figure 20: Global: Jute Bags Market (in Retail Use): Sales Volume (in Million Pieces), 2011 & 2018
Figure 21: Global: Jute Bags Market Forecast (in Retail Use): Sales Volume (in Million Pieces), 2019-2024
Figure 22: Global: Jute Bags Market (in Institutional Use): Sales Volume (in Million Pieces), 2011 & 2018
Figure 23: Global: Jute Bags Market Forecast (in Institutional Use): Sales Volume (in Million Pieces), 2019-2024
Figure 24: Global: Jute Bags Market (in Premium Price): Sales Volume (in Million Pieces), 2011 & 2018
Figure 25: Global: Jute Bags Market Forecast (in Premium Price): Sales Volume (in Million Pieces), 2019-2024
Figure 26: Global: Jute Bags Market (in Mass Price): Sales Volume (in Million Pieces), 2011 & 2018
Figure 27: Global: Jute Bags Market Forecast (in Mass Price): Sales Volume (in Million Pieces), 2019-2024
Figure 28: Global: Jute Bags Market Forecast: Sales Volume (in Million Pieces), 2019-2024
Figure 29: Global: Jute Bags Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 30: Global: Jute Bags Industry: SWOT Analysis
Figure 31: Global: Jute Bag Industry: Value Chain Analysis
Figure 32: Global: Jute Bags Industry: Porter’s Five Forces Analysis
Figure 33: Jute Shopping Bags Manufacturing: Process Flow
Figure 34: Jute Shopping Bags Manufacturing Process: Conversion Rate of Feedstocks
Figure 35: Jute Shopping Bags Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 36: Jute Bags Industry: Profit Margins at Various Stages of Supply Chain
Figure 37: Jute Bags Manufacturing Plant: Breakup of Operational Costs
List of Tables
Table 1: Global: Biodegradable Bags Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Jute Bags Market: Key Industry Highlights, 2018 and 2024
Table 3: Global: Jute Bags Market Forecast: Breakup by Region (in Million Pieces), 2019-2024
Table 4: Global: Jute Bags Market Forecast: Breakup by Product Type (in Million Pieces), 2019-2024
Table 5: Global: Jute Bags Market Forecast: Breakup by End Use (in Million Pieces), 2019-2024
Table 6: Global: Jute Bags Market Forecast: Breakup by Price (in Million Pieces), 2019-2024
Table 7: Global: Jute Bags Market: Competitive Structure
Table 8: Comparison: Jute Bags vs. Plastic Bags vs. Cotton Bags
Table 9: Jute Shopping Bags Manufacturing Plant: Raw Material Requirements (in Units/Day)
Table 10: Jute Shopping Bags Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 11: Jute Shopping Bags Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 12: Jute Shopping Bags Manufacturing Plant: Costs Related to Plant Machinery (in US$)
Table 13: Jute Shopping Bags: Suppliers of Machinery
Table 14: Jute Shopping Bags Manufacturing Plant: Raw Material Requirements (in Units/Day) and Expenditures (US$/Unit)
Table 15: Jute Shopping Bags: Suppliers of Raw Materials
Table 16: Jute Shopping Bags Manufacturing Plant: Utility Requirements and Expenditures
Table 17: Jute Shopping Bags Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 18: Jute Shopping Bags Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 19: Details of Financial Assistance Offered by Financial Institutions
Table 20: Jute Shopping Bags Manufacturing Plant: Capital Costs (in US$)
Table 21: Jute Shopping Bags Manufacturing Plant: Techno-Economic Parameters
Table 22: Jute Shopping Bags Manufacturing Plant: Taxation (in US$/Year)
Table 23: Jute Shopping Bags Manufacturing Plant: Depreciation (in US$/Year)
Table 24: Jute Shopping Bags Manufacturing Plant: Income Projections (in US$)
Table 25: Jute Shopping Bags Manufacturing Plant: Expenditure Projections (in US$)
Table 26: Jute Shopping Bags Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
Table 27: Jute Shopping Bags Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
Table 28: Jute Shopping Bags Manufacturing Plant: Profit and Loss Account (in US$) (in US$)