+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Jute Bag Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

  • ID: 5578056
  • Report
  • April 2022
  • Region: Global
  • 128 Pages
  • IMARC Group

FEATURED COMPANIES

  • Aarbur
  • Ashoka Exports
  • Gloster Limited
  • Hitaishi-KK
  • Howrah Mills Co. Ltd.
The global jute bag market reached a value of US$ 2.3 billion in 2021. Looking forward, the market is projected to reach US$ 3.8 billion by 2027, exhibiting a CAGR of 8.94% during 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use sectors. These insights are included in the report as a major market contributor.



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. Global Jute Bag Industry Trends


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.

Key Market Segmentation


This report provides an analysis of the key trends in each sub-segment of the global jute bag market, along with forecasts at the global and country level from 2022-2027. The report has categorized the market based on product type, End-use and price.

Breakup by Product Type:

  • Jute Sack Bags
  • Jute Shopping Bags

The report has analysed the global jute market on the basis of product type, jute sack bags and jute shopping bags. Currently, jute sack bags dominate the market, accounting for the majority of the sales volume.

Breakup by End-use:

  • Retail
  • Institutional

On the basis of the End-use, the market has been bifurcated into the retail and institutional segment. Currently, the institutional segment exhibits a clear dominance in the market.

Breakup by Price:

  • Premium
  • Mass

Based on the price, mass jute bags account for the majority of the total market, followed by premium jute bags.

Breakup by Region:

  • India
  • Bangladesh
  • China
  • Others

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 share, representing the leading producer of jute bags.

Competitive Landscape


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.
Gloster Limited.

This report provides a deep insight into the global jute bag market 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

1. What is the size of the global jute bag market?
2. What has been the impact of COVID-19 on the global jute bag market?
3. What is the expected growth rate of the global jute bag market?
4. What are the key factors driving the global jute bag market?
5. What is the breakup of the global jute bag market based on the product type?
6. What is the breakup of the global jute bag market based on the End-use?
7. What is the breakup of the global jute bag market based on the price?
8. What are the key regions in the global jute bag market?
9. Who are the key companies/players in the global jute bag market?
Frequently Asked Questions about the Global Jute Bag Market

What is the estimated value of the Global Jute Bag Market?

The Global Jute Bag Market was estimated to be valued at $2.3 Billion in 2021.

What is the growth rate of the Global Jute Bag Market?

The growth rate of the Global Jute Bag Market is 8.7%, with an estimated value of $3.8 Billion by 2027.

What is the forecasted size of the Global Jute Bag Market?

The Global Jute Bag Market is estimated to be worth $3.8 Billion by 2027.

Who are the key companies in the Global Jute Bag Market?

Key companies in the Global Jute Bag Market include Aarbur, Ashoka Exports, Hitaishi, KK, Howrah Mills Co. Ltd. and Gloster Limited.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Aarbur
  • Ashoka Exports
  • Gloster Limited
  • Hitaishi-KK
  • Howrah Mills Co. Ltd.

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 Summary4 Market Overview5 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 Impact of COVID-19
6.4 Price Analysis
6.4.1 Key Price Indicators
6.4.2 Price Structure
6.4.3 Price Trends
6.5 Market Breakup by Region
6.5.1 India
6.5.1.1 Market Trends
6.5.1.2 Market Forecast
6.5.2 Bangladesh
6.5.2.1 Market Trends
6.5.2.2 Market Forecast
6.5.3 China
6.5.3.1 Market Trends
6.5.3.2 Market Forecast
6.5.4 Others
6.5.4.1 Market Trends
6.5.4.2 Market Forecast
6.6 Market Breakup by Product Type
6.6.1 Jute Sack Bags
6.6.1.1 Market Trends
6.6.1.2 Market Forecast
6.6.2 Jute Shopping Bags
6.6.2.1 Market Trends
6.6.2.2 Market Forecast
6.7 Market Breakup by End Use
6.7.1 Retail
6.7.1.1 Market Trends
6.7.1.2 Market Forecast
6.7.2 Institutional
6.7.2.1 Market Trends
6.7.2.2 Market Forecast
6.8 Market Breakup by Price
6.8.1 Premium
6.8.1.1 Market Trends
6.8.1.2 Market Forecast
6.8.2 Mass
6.8.2.1 Market Trends
6.8.2.2 Market Forecast
6.9 Market Forecast
6.10 SWOT Analysis
6.10.1 Overview
6.10.2 Strengths
6.10.3 Weaknesses
6.10.4 Opportunities
6.10.5 Threats
6.11 Value Chain Analysis
6.11.1 Raw Material Procurement
6.11.2 Manufacturing
6.11.3 Marketing
6.11.4 Distribution
6.11.5 End-Use
6.12 Porter’s Five Forces Analysis
6.12.1 Overview
6.12.2 Bargaining Power of Buyers
6.12.3 Bargaining Power of Suppliers
6.12.4 Degree of Rivalry
6.12.5 Threat of New Entrants
6.12.6 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
12.1 Aarbur
12.2 Ashoka Exports
12.3 Hitaishi-KK
12.4 Howrah Mills Co. Ltd.
12.5 Shree Jee International India Ltd.
12.6 Gloster Limited.
List of Figures
Figure 1: Global: Jute Bag Market: Major Drivers and Challenges
Figure 2: Global: Jute Bag Market: Sales Volume (in Million Pieces), 2016-2021
Figure 3: Global: Jute Bag Market: Sales Value (in Billion US$), 2016-2021
Figure 4: Jute Shopping Bag Manufacturing: Price Structure Analysis (in US$/Piece)
Figure 5: Global: Jute Bag Market: Average Price Trends (in US$/Piece), 2016-2021
Figure 6: Global: Jute Bag Market Forecast: Average Price Trends (in US$/Piece), 2022-2027
Figure 7: Global: Jute Bag Market: Breakup by Region (in %), 2021
Figure 8: Global: Jute Bag Market: Breakup by Product Type (in %), 2021
Figure 9: Global: Jute Bag Market: Breakup by End Use (in %), 2021
Figure 10: Global: Jute Bag Market: Breakup by Price (in %), 2021
Figure 11: India: Jute Bag Market: Sales Volume (in Million Pieces), 2016 & 2021
Figure 12: India: Jute Bag Market Forecast: Sales Volume (in Million Pieces), 2022-2027
Figure 13: Bangladesh: Jute Bag Market: Sales Volume (in Million Pieces), 2016 & 2021
Figure 14: Bangladesh: Jute Bag Market Forecast: Sales Volume (in Million Pieces), 2022-2027
Figure 15: China: Jute Bag Market: Sales Volume (in Million Pieces), 2016 & 2021
Figure 16: China: Jute Bag Market Forecast: Sales Volume (in Million Pieces), 2022-2027
Figure 17: Others: Jute Bag Market: Sales Volume (in Million Pieces), 2016 & 2021
Figure 18: Others: Jute Bag Market Forecast: Sales Volume (in Million Pieces), 2022-2027
Figure 19: Global: Jute Sack Bags Market: Sales Volume (in Million Pieces), 2016 & 2021
Figure 20: Global: Jute Sack Bags Market Forecast: Sales Volume (in Million Pieces), 2022-2027
Figure 21: Global: Jute Shopping Bags Market: Sales Volume (in Million Pieces), 2016 & 2021
Figure 22: Global: Jute Shopping Bags Market Forecast: Sales Volume (in Million Pieces), 2022-2027
Figure 23: Global: Jute Bag Market (Retail Use): Sales Volume (in Million Pieces), 2016 & 2021
Figure 24: Global: Jute Bag Market Forecast (Retail Use): Sales Volume (in Million Pieces), 2022-2027
Figure 25: Global: Jute Bag Market (Institutional Use): Sales Volume (in Million Pieces), 2016 & 2021
Figure 26: Global: Jute Bag Market Forecast (Institutional Use): Sales Volume (in Million Pieces), 2022-2027
Figure 27: Global: Jute Bag Market (Premium Price): Sales Volume (in Million Pieces), 2016 & 2021
Figure 28: Global: Jute Bag Market Forecast (Premium Price): Sales Volume (in Million Pieces), 2022-2027
Figure 29: Global: Jute Bag Market (Mass Price): Sales Volume (in Million Pieces), 2016 & 2021
Figure 30: Global: Jute Bag Market Forecast (Mass Price): Sales Volume (in Million Pieces), 2022-2027
Figure 31: Global: Jute Bag Market Forecast: Sales Volume (in Million Pieces), 2022-2027
Figure 32: Global: Jute Bag Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 33: Global: Jute Bag Industry: SWOT Analysis
Figure 34: Global: Jute Bag Industry: Value Chain Analysis
Figure 35: Global: Jute Bag Industry: Porter’s Five Forces Analysis
Figure 36: Jute Shopping Bags Manufacturing: Detailed Process Flow
Figure 37: Jute Shopping Bags Manufacturing Process: Conversion Rate of Feedstocks
Figure 38: Jute Shopping Bags Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 39: Jute Bag Industry: Profit Margins at Various Stages of Supply Chain
Figure 40: Jute Bag Manufacturing Plant: Breakup of Operational Costs
List of Tables
Table 1: Global: Jute Bag Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Jute Bag Market Forecast: Breakup by Region (in Million Pieces), 2022-2027
Table 3: Global: Jute Bag Market Forecast: Breakup by Product Type (in Million Pieces), 2022-2027
Table 4: Global: Jute Bag Market Forecast: Breakup by End Use (in Million Pieces), 2022-2027
Table 5: Global: Jute Bag Market Forecast: Breakup by Price (in Million Pieces), 2022-2027
Table 6: Global: Jute Bag Market: Competitive Structure
Table 7: Comparison: Jute Bags vs. Plastic Bags vs. Cotton Bags
Table 8: Jute Shopping Bags Manufacturing Plant: Raw Material Requirements (in Units/Day)
Table 9: Jute Shopping Bags Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 10: Jute Shopping Bags Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 11: Jute Shopping Bags Manufacturing Plant: Costs Related to Plant Machinery (in US$)
Table 12: Jute Shopping Bags: Suppliers of Machinery
Table 13: Jute Shopping Bags Manufacturing Plant: Raw Material Requirements (in Units/Day) and Expenditures (US$/Unit)
Table 14: Jute Shopping Bags: Suppliers of Raw Materials
Table 15: Jute Shopping Bags Manufacturing Plant: Utility Requirements and Expenditures
Table 16: Jute Shopping Bags Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 17: Jute Shopping Bags Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 18: Details of Financial Assistance Offered by Financial Institutions
Table 19: Jute Shopping Bags Manufacturing Plant: Capital Costs (in US$)
Table 20: Jute Shopping Bags Manufacturing Plant: Techno-Economic Parameters
Table 21: Jute Shopping Bags Manufacturing Plant: Taxation (in US$/Year)
Table 22: Jute Shopping Bags Manufacturing Plant: Depreciation (in US$/Year)
Table 23: Jute Shopping Bags Manufacturing Plant: Income Projections (in US$)
Table 24: Jute Shopping Bags Manufacturing Plant: Expenditure Projections (in US$)
Table 25: Jute Shopping Bags Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
Table 26: Jute Shopping Bags Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
Table 27: Jute Shopping Bags Manufacturing Plant: Profit and Loss Account (in US$) (in US$)
Note: Product cover images may vary from those shown
  • Aarbur
  • Ashoka Exports
  • Hitaishi-KK
  • Howrah Mills Co. Ltd.
  • Shree Jee International India Ltd.
  • Gloster Limited
Note: Product cover images may vary from those shown

Loading
LOADING...