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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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