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Jute Bag Market

Global Jute Bag Market Size, Share, Trends, Growth, Report: By Product Type: Jute Sack Bags, Jute Shopping Bags; By Price: Premium, Mass: By End Use: Retail, Institutional; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032

Global Jute Bag Market Outlook

The global jute bag market attained a value of USD 2.49 billion in 2023. The market is expected to reach USD 5.72 billion by 2032 while registering a CAGR of 9.70% during the forecast period of 2024-2032.

 

Global Jute Bag Market

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On the basis of type, the jute sack bags segment was estimated as the largest market segment in 2020. They are convenient and are available at affordable prices, thus expected to increase the demand for jute sack bags in the coming years. Based on the price, the premium jute bags are significantly gaining popularity in the urban region, and, thereby, are estimated to be the major segment in 2020. Based on the end-use, the retail segment accounted for the majority of the market share and is estimated to retain its dominance during the forecast period. Regionally, India accounted for the largest market share in 2020, owing to suitable climatic conditions and fertility of the soil.

 

Properties and Applications

Jute is a natural fibre derived from the bark of the jute plant. It is also known as golden fibre owing to its golden and silky shine. Jute fibre is extensively used in the manufacturing of textiles, as well as packaging products. It also offers various advantages, including good insulation, low thermal conductivity, and moderate moisture retention. It can be used as packaging material for shopping goods as well as gift bags. Owing to the aforementioned factors, jute bags are gaining popularity.

 

Global Jute Bag Market By Price

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On the basis of product type, the global jute bag market is bifurcated into:

  • Jute Sack Bags
  • Jute Shopping Bags

Based on the price, the global jute bag market is divided into:

  • Premium
  • Mass

The jute bag market can be broadly segmented, on the basis of the end-use segment, into:

  • Retail
  • Institutional

The EMR report looks into the regional markets in the global jute bag market like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Jute Bag Market By Region

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Market Analysis

The demand for jute bags has witnessed an increased demand, particularly in the European Union, owing to the growing environmental consciousness in the region. The increasing acceptance for jute bags over plastic bags and increasing imports of jute bags in non-producing countries are the factors positively influencing the jute bag market growth. Additionally, it offers many benefits such as durability, low cost, and high strength, which are also contributing to the industry growth. Moreover, developing countries are taking initiatives to ban the use of plastic bags. The stringent regulations on the use of plastic bags are likely to create a considerable demand for jute bags over the assessment period. Besides, manufacturers are coming up with innovative and customised bag options, experimenting in terms of design, style, shape, and size, to widen their consumer base. Furthermore, the popularity of jute bag, particularly in the Asia Pacific region is positively influencing its demand in western countries as well. Owing to the aforementioned factors, the industry is expected to expand over the assessment period.

The report gives a detailed analysis of the key players in the global jute bag market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds. The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Price
  • End Use
  • Region
Breakup by Product Type 
  • Jute Sack Bags
  • Jute Shopping Bags
Breakup by Price
  • Premium
  • Mass
Breakup by End Use
  • Retail
  • Institutional
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Jute Bag Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Jute Bag Historical Market (2018-2023)
    8.3    Global Jute Bag Market Forecast (2024-2032)
    8.4    Global Jute Bag Market by Product Type
        8.4.1    Jute Sack Bags
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Jute Shopping Bags
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Jute Bag Market by Price
        8.5.1    Premium
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Mass
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Jute Bag Market by End Use
        8.6.1    Retail
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Institutional
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
    8.7    Global Jute Bag Market by Region
        8.7.1    North America
        8.7.2    Europe
        8.7.3    Asia Pacific
        8.7.4    Latin America
        8.7.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2018-2023)
        9.3.2    Forecast Trend (2024-2032)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2018-2023)
        9.4.2    Forecast Trend (2024-2032)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2018-2023)
        9.5.2    Forecast Trend (2024-2032)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyers Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Manufacturing Process

    12.1    Detailed Process Flow
    12.2    Operations Involved
    12.3    Mass Balance
13    Price Analysis
    13.1    Price Structure
    13.2    Price Trends
14    Project Details, Requirements and Costs Involved
    14.1    Land Requirement and Expenditures
    14.2    Construction Requirements and Expenditures
    14.3    Plant Machinery
    14.4    Plant Layout
    14.5    Machinery Pictures
    14.6    Raw Material Requirements and Expenditures
    14.7    Raw Material and Final Product Pictures
    14.8    Packaging Requirements and Expenditures
    14.9    Transportation Requirements and Expenditures
    14.10    Utility Requirements
    14.11    Manpower Requirements and Expenditures
    14.12    Other Capital Investments
15    Loans and Financial Assistance
16    Project Economics

    16.1    Capital Cost of the Project
    16.2    Techno-Economic Parameters
    16.3    Product Pricing
    16.4    Income Projections
    16.5    Expenditure Projections
    16.6    Taxation and Depreciation
    16.7    Financial Analysis
    16.8    Profit Analysis
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Financial Summary
            17.2.1.5    Certifications
18    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Jute Bag Market: Key Industry Highlights, 2018 and 2032
2.    Global Jute Bag Historical Market: Breakup by Product Type (USD Billion), 2018-2023
3.    Global Jute Bag Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
4.    Global Jute Bag Historical Market: Breakup by Price (USD Billion), 2018-2023
5.    Global Jute Bag Market Forecast: Breakup by Price (USD Billion), 2024-2032
6.    Global Jute Bag Historical Market: Breakup by End Use (USD Billion), 2018-2023
7.    Global Jute Bag Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8.    Global Jute Bag Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Jute Bag Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    North America Jute Bag Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Jute Bag Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe Jute Bag Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Jute Bag Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific Jute Bag Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Jute Bag Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America Jute Bag Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Jute Bag Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa Jute Bag Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Jute Bag Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Global Jute Bag Market Structure

Key Questions Answered in the Report

The market reached a value of about USD 2.49 billion in 2023.

The market is projected to grow at a CAGR of 9.70% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of approximately USD 5.72 billion by 2032.

The major drivers of the market include rising disposable incomes, increasing population, rising environmental consciousness, and the durability and low cost of jute bags.

The stringent regulations on the use of plastic bags and availability of jute bags with aesthetically pleasing designs are expected to be key trends guiding the growth of the market.

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.

Jute sack bags and jute shopping bags are the product types in the market.

Premium and mass are the leading segments by price in the market.

The primary end uses in the global jute bag market are retail and institutional.

Analyst Review

The global jute bag market attained a value of USD 2.49 billion in 2023 driven by the rising environmental consciousness. Aided by the stringent regulations on the use of plastic bags, the industry is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 9.70%. The industry is projected to reach USD 5.72 billion by 2032.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its types, the global market for jute bag can be segmented into jute sack bags and jute shopping bags, with jute sack bags accounting for the largest market share. By price, the premium segment leads the industry. On the basis of end use, the retail sector accounts for the largest share in the global industry. The major regional markets for jute bag are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Asia Pacific accounting for the largest share of the market.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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