All updated as on -
The value of the global jute packaging market was $1.59 billion in 2022, and it is expected to increase to $1.99 billion by 2030, expanding at a CAGR of 5.4% between 2023 and 2030.
Tossa, also known as white jute, is a plant whose stems are used to create the natural fibers used to make jute bags. They have low heat conductivity, antistatic properties, and moderate moisture retention in addition to being long-lasting, reusable, lightweight, cheap, sustainable, and strong. That's why you'll find them being used all around the world in the manufacturing of commercial packaging bags. Bags that may serve as backpacks, schoolbags, shopping bags, and carryalls are just a few examples of the multi-purpose bags currently being developed by a number of different companies. A major factor propelling the expansion of the jute bag market is the ban on plastic bags in a number of nations. In comparison to plastic and paper bags, jute bags have a number of advantages, including their durability, reusability, recyclable nature, biodegradability, and low cost.
Type, capacity, application, and geography are the four main criteria used to divide the worldwide jute packaging market. The global pouch, bag, hessian/sack, and other markets are broken down by product type. The market is divided into four subsegments based on capacity: up to 10 kg, 11–30 kg, 31–50 kg, and more than 50 kg. Food & beverage, household, agriculture, and other applications make up the major submarkets of the overall market. North America, Europe, Asia/Pacific, South America, and the Middle East/Africa are the regions used to classify the world.Capacity-Based Analyses
The jute packaging market is broken down into submarkets for capacities ranging from 10 kg to 50 kg. The 11-30 Kg range is anticipated to constitute a sizable portion of the market. Market segment expansion can be traced back to rising demand for medium-sized jute packing bags with capacities between 11 and 30 kilos in industries as diverse as food and beverage, home goods, agriculture, and others. Therefore, this is anticipated to propel the market's segment growth in the coming years.
A major factor propelling the expansion of the jute bag market is the ban on plastic bags in a number of nations. In comparison to plastic and paper bags, jute bags have a number of advantages, including their durability, reusability, recyclable nature, biodegradability, and low cost. Because of its durability, jute bags can carry more items than other materials. Because of this problem, the use of jute bags for the storage and transport of food grains is gaining popularity in the food business. Jute bags are preferred by shoppers because they can be reused multiple times and are more sturdy than plastic and paper bags. The expansion of the worldwide jute packaging market is expected to be hampered by factors such as the difficulty of reaching new customers and the scarcity of raw materials in some parts of the world. An additional challenge for the development of the jute packaging market is the wide availability of substitute products including paper, plastic, metal, glass, and other packaging items.
Better living standards, more people living in cities, more disposable cash, and shifting consumer tastes have all contributed to the growth of the jute bag industry. The rising environmental awareness around the world is one of the main drivers of the jute bag industry. Jute bags are growing in popularity as a packaging material for bulk products as well as shopping and gift bags due to its many advantages, such as moderate moisture retention, low thermal conductivity, and high insulation. The extensive usage of jute bags as packaging material for bulk goods as well as shopping and gift bags, as well as the product's rising popularity due to attributes like biodegradability, durability, low cost, and high strength, among others, all have a beneficial effect on the market.
Report Coverage
Global Jute Packaging research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Jute Packaging report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Jute Packaging competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Jute Packaging market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Jute Packaging market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Jute Packaging market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Hitaishi-KK Manufacturing Company, Aarbur, Gloster Jute Limited, Ludlow Jute & Specialities Ltd., Agarpara Jute Mills Ltd., Asha Jute Industries Limited, Bally Jute Company Limited, Howrah Mills Co. Ltd., Cheviot Company Limited, Delta Jute Mills Company Limited, Ganges Jute Pvt Ltd., Hooghly Infrastructure Pvt. Ltd., Kolkata Jute Industries Pvt. Ltd., Shree Hanuman Jute Mills Pvt. Ltd., New Central Jute Mills Co. Ltd., Naffar Chandra Jute Mills Ltd., The Naihati Jute Mills Co. Ltd., The Victoria Jute Company Limited, Wellington Jute Mill, Zhejiang Jute Texitile Co. Ltd.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Jute Packaging market based on the below-mentioned segments:
Global Jute Packaging Market, By Type
Pouch
Bag
Hessian/ Sack
Others
Global Jute Packaging market, By Application
Food & Beverages
Household
Agriculture
Others
Global Jute Packaging Market, By Capacity
Up to 10 Kg
11-30 Kg
31-50 Kg
50 Kg
Global Jute Packaging market, Regional Analysis
Tossa, also known as white jute, is a plant whose stems are used to create the natural fibers used to make jute bags. They have low heat conductivity, antistatic properties, and moderate moisture retention in addition to being long-lasting, reusable, lightweight, cheap, sustainable, and strong. That's why you'll find them being used all around the world in the manufacturing of commercial packaging bags. Bags that may serve as backpacks, schoolbags, shopping bags, and carryalls are just a few examples of the multi-purpose bags currently being developed by a number of different companies. A major factor propelling the expansion of the jute bag market is the ban on plastic bags in a number of nations. In comparison to plastic and paper bags, jute bags have a number of advantages, including their durability, reusability, recyclable nature, biodegradability, and low cost.
Type, capacity, application, and geography are the four main criteria used to divide the worldwide jute packaging market. The global pouch, bag, hessian/sack, and other markets are broken down by product type. The market is divided into four subsegments based on capacity: up to 10 kg, 11–30 kg, 31–50 kg, and more than 50 kg. Food & beverage, household, agriculture, and other applications make up the major submarkets of the overall market. North America, Europe, Asia/Pacific, South America, and the Middle East/Africa are the regions used to classify the world.Capacity-Based Analyses
The jute packaging market is broken down into submarkets for capacities ranging from 10 kg to 50 kg. The 11-30 Kg range is anticipated to constitute a sizable portion of the market. Market segment expansion can be traced back to rising demand for medium-sized jute packing bags with capacities between 11 and 30 kilos in industries as diverse as food and beverage, home goods, agriculture, and others. Therefore, this is anticipated to propel the market's segment growth in the coming years.
A major factor propelling the expansion of the jute bag market is the ban on plastic bags in a number of nations. In comparison to plastic and paper bags, jute bags have a number of advantages, including their durability, reusability, recyclable nature, biodegradability, and low cost. Because of its durability, jute bags can carry more items than other materials. Because of this problem, the use of jute bags for the storage and transport of food grains is gaining popularity in the food business. Jute bags are preferred by shoppers because they can be reused multiple times and are more sturdy than plastic and paper bags. The expansion of the worldwide jute packaging market is expected to be hampered by factors such as the difficulty of reaching new customers and the scarcity of raw materials in some parts of the world. An additional challenge for the development of the jute packaging market is the wide availability of substitute products including paper, plastic, metal, glass, and other packaging items.
Better living standards, more people living in cities, more disposable cash, and shifting consumer tastes have all contributed to the growth of the jute bag industry. The rising environmental awareness around the world is one of the main drivers of the jute bag industry. Jute bags are growing in popularity as a packaging material for bulk products as well as shopping and gift bags due to its many advantages, such as moderate moisture retention, low thermal conductivity, and high insulation. The extensive usage of jute bags as packaging material for bulk goods as well as shopping and gift bags, as well as the product's rising popularity due to attributes like biodegradability, durability, low cost, and high strength, among others, all have a beneficial effect on the market.
Report Coverage
Global Jute Packaging research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Jute Packaging report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Jute Packaging competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Jute Packaging market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Hitaishi-KK Manufacturing Company, Aarbur, Gloster Jute Limited, Ludlow Jute & Specialities Ltd., Agarpara Jute Mills Ltd., Asha Jute Industries Limited, Bally Jute Company Limited, Howrah Mills Co. Ltd., Cheviot Company Limited, Delta Jute Mills Company Limited, Ganges Jute Pvt Ltd., Hooghly Infrastructure Pvt. Ltd., Kolkata Jute Industries Pvt. Ltd., Shree Hanuman Jute Mills Pvt. Ltd., New Central Jute Mills Co. Ltd., Naffar Chandra Jute Mills Ltd., The Naihati Jute Mills Co. Ltd., The Victoria Jute Company Limited, Wellington Jute Mill, Zhejiang Jute Texitile Co. Ltd. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Jute Packaging Market from 2021 to 2030.
- Market Forecast for Jute Packaging Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Jute Packaging competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Jute Packaging
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Jute Packaging market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Jute Packaging market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Hitaishi-KK Manufacturing Company, Aarbur, Gloster Jute Limited, Ludlow Jute & Specialities Ltd., Agarpara Jute Mills Ltd., Asha Jute Industries Limited, Bally Jute Company Limited, Howrah Mills Co. Ltd., Cheviot Company Limited, Delta Jute Mills Company Limited, Ganges Jute Pvt Ltd., Hooghly Infrastructure Pvt. Ltd., Kolkata Jute Industries Pvt. Ltd., Shree Hanuman Jute Mills Pvt. Ltd., New Central Jute Mills Co. Ltd., Naffar Chandra Jute Mills Ltd., The Naihati Jute Mills Co. Ltd., The Victoria Jute Company Limited, Wellington Jute Mill, Zhejiang Jute Texitile Co. Ltd.
Primary Target Market
- Market Players of Jute Packaging
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Jute Packaging market based on the below-mentioned segments:
Global Jute Packaging Market, By Type
Pouch
Bag
Hessian/ Sack
Others
Global Jute Packaging market, By Application
Food & Beverages
Household
Agriculture
Others
Global Jute Packaging Market, By Capacity
Up to 10 Kg
11-30 Kg
31-50 Kg
50 Kg
Global Jute Packaging market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
You will get in-depth and extensive jute packaging market market research and competitor analysis for your business to help you develop more profound insights into the jute packaging market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the jute packaging market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.