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Jute Bags Market to Witness Growth Acceleration During 2020 - 2030 | TMR Study

02-25-2022 02:14 PM CET | Industry, Real Estate & Construction

Press release from: Transparency Market Research

Jute Bags Market

Jute Bags Market

Jute Bags Market: An Overview

The jute comes from the strip and stem of jute fibre which is a natural fibre. The jute bags made from a vegetable fibre called jute are environment-friendly bags that are 100% biodegradable which causes no harm to the environment. The jute bags are majorly used in food, agriculture, household, and other industries to store and transport the variety of products. The jute bags are available in various capacity. The jute can be grown abundantly without using pesticides and also it does not require a large portion of land to cultivate which makes it possible for the jute bags manufacturer to get the raw material easily and at a low cost. The jute bags are long-lasting and after use, they can also be reused for storing and carrying the products. These jute bags have high moisture resistance and fire resistance properties which makes them stronger and durable. Major retail store avoids using plastic bags, and this generates the market opportunity for the jute bags market. Also, the jute bags are light in weight and are affordable among various other eco-friendly products. Overall the market for jute bags seems rapidly growing in the forecasted period with the expanding usage of jute bags in food, chemical, and household industries along which the product customization provided by jute bags manufacturer.

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Jute Bags Market: Dynamics

The major factor driving the growth of the jute bags market is the ban of plastic bags in various countries. The jute bags are durable along with various properties such as re-useable, recyclable, biodegradable, cost-effective which makes them stand on the front side among other material bags such as plastic bags and paper bags. The jute bags are strong which makes them capable of carrying more weight. On the back of this factor, jute bags are more in demand in food industries to store and transport food grains. The jute bags are long-lasting, they do not tear easily as plastic and paper bags which makes them popular among the end users. Also, the jute as a material has good antistatic and insulating properties which makes the bags strong. The jute bags are the best suitable considering the sustainability concerns as they are eco-friendly as well as cost-effective. The jute bags can withstand prolonged exposure to weather and water which increases their effectiveness among the end-use industries. The jute bags are used for both industrial as well as household purpose. The jute bags used for household purpose can be customized and that makes it eye-catching also. Considering the downside of jute, jute bags do not have a crease-resistance property and it slowly loses its strength when it gets wet. This hampers the market growth of the jute bags market. The future outlook for the jute bags market is anticipated to rise considering the benefits provided by jute bags.

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Jute Bags Market: Segmentation

On the basis of Capacity, the jute bags market is segmented into:

Up to 50 kgs
51-100 kgs
101-150 Kgs
Above 150 kgs
On the basis of End-Use Industries, the jute bags market is segmented into:

Food & Beverage
Household
Agriculture
Others

Jute Bags Market: Regional Outlook

Based on geography, the jute bags market is categorized into North America, Latin America, Europe, APAC, and MEA Regions. The countries such as India, China, and Bangladesh have the largest production of jute in the APAC region which attract the manufacturer of jute bags to expand their production facilities in these areas as this provides the benefit of the low cost of production. The increased sustainable concern in the United States and various countries of Europe generates the market opportunity for jute bags market in these regions. Also, the increased trade of food grains in various countries increases the demand for the jute bags globally.

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Jute Bags Market: Key Players
Some of the leading global jute bags manufacturers: -

MANYAN INC.
Bombay Bags
JOYTEX GMBH & CO. KG
PEMA Verpackung GmbH
Trident Jute

The report jute bags market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on fibre packaging market segments and geographies.

Reports Highlights:
A detailed overview of the parent market
Changing jute bags market dynamics in the industry
In-depth jute bags market segmentation
Historical, current, and projected market size regarding volume and value
Recent industry trends and developments in the jute bags market
Competitive landscape

Strategies for key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for players to sustain and enhance their market footprint
This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information. Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the unified market intelligence engine. Sign Up for a 7 day free trial!

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