Jute Bags Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

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, moderate moisture retention, and, low thermal conductivity. It is one of the cheapest and the strongest of all natural fibers and considered as fiber of the future.

MARKET DYNAMICS

The growing environment consciousness and adoption of biodigrable materials for bags globally is driving the jute bags market. Further, ban on plastic packaging materials by several countries are increasing the demand for jute based packaging goods and subsequently propelling market's growth. Moreover, rising industrialization in developing economy is expected to increase the demand for jute based packaging items and bags.

MARKET SCOPE

The "Global Jute Bags Market Analysis to 2031" is a specialized and in-depth study of the Chemicals and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the jute bags market with detailed market segmentation by product type, capacity, end-use industry, distribution channel, and geography. The global jute bags market is expected to witness notable growth during the forecast period. The report provides key statistics on the market status of the leading jute bags market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global jute bags market is segmented on the basis of product type, capacity, end-use industry, and distribution channel. Based on product type, the global jute bags market is segmented into jute shopping bags, jute sack bags, and others. On the basis of capacity, the market is segmented into up to 5 kg, 6-50 kg, 51-100 kg, and above 100 kg. Based on end-use industry, the market is bifurcated into retail, agriculture, packaging, others. Based on distribution channel, the market is bifurcated into supermarkets and hypermarkets, convenient stores, online retail others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global jute bags market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South & Central America. The jute bags market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the jute bags market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the jute bags market in these regions.

MARKET PLAYERS

The reports cover key developments in the jute bags market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from jute bags market are anticipated to lucrative growth opportunities in the future with the rising demand for jute bags in the global market. Below mentioned is the list of few companies engaged in the jute bags market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the jute bags market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Aarbur
  
•   Asia Jute
  
•   Bombay Bag
  
•   Cotheeka Jute Industry
  
•   Manyan Inc.
  
•   PEMA Verpackung GmbH
  
•   Shreejee Enterprise
  
•   TopTrans International
  
•   Trident Jute
  
•   Yucon Exports Pvt Ltd.
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Jute Bags Report Scope