Press release
Jute Bags Market 2023 : Research, Analysis, Trends, Insights And Outlook 2032 | Aarbur, Ashoka Exports, Hitaishi-KK, Howrah Mills Co. Ltd., Gloster Limited
Jute Bags Market Research
As per the jute bags market report by The Business Research Company, Rising popularity and demand for environment-friendly products are contributing to the growth of the jute bags market. The eco-friendly packaging products are developed on large scale due to changes in the behaviour and thoughts of the consumer. Companies all over the world are paying attention to eco-friendly packaging as it reduces shipping costs, promotes a positive brand image, is recyclable and sustainable.
The global jute bags market size grew from $2.26 billion in 2022 to $2.59 billion in 2023 at a compound annual growth rate (CAGR) of 14.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The jute bags market size is expected to grow to $3.84 billion in 2027 at a CAGR of 10.4%.
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Major competitors in the Jute Bags market include Aarbur, Ashoka Exports, Hitaishi-KK, Howrah Mills Co. Ltd., Shree Jee International India Ltd., Gloster Limited, Bangalore Fort Farms Ltd., Budge Budge Company Limited, Cheviot, Ludlow Jute And Specialities, AI Champdany Industries Ltd., Budge Budge Company Ltd., Ludlow Jute & Specialities Ltd., Nuzhat Jute Bags Factory Private Limited, and Jamia Jute Bags.
The Jute Bags market is segmented -
By Type: Jute Sack Bags, Jute Shopping Bags
By Price: Premium, Mass
By Application: Household, Commercial
By End-Use: Retail, Institutional
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Jute Bags market.
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A "jute bag" refers to a bag composed of a natural vegetable fiber produced from the jute plant's outer stem and skin. Jute bags are made from natural fiber and offer environmental advantages including good insulation, moderate moisture retention, and low thermal conductivity. These are available in two different varieties jute sack bags and jute shopping bags.
The Table Of Content For The Jute Bags Market Include:
1. Executive Summary
2. Jute Bags Market Characteristics
3. Jute Bags Market Trends And Strategies
4. Jute Bags Market - Macro Economic Scenario
5. Jute Bags Market Size And Growth
……
26. Africa Jute Bags Market
27. Jute Bags Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Jute Bags Market
29. Jute Bags Market Future Outlook and Potential Analysis
30. Appendix
The "Global Jute Bags Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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