Jutе Bag Market 2024 | Size, Share, Trends and Forecast 2032
The Reports and Insights, a leading market research company, has recently releases report titled “Jutе Bag Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Jutе Bag Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is
the Jutе Bag Market?
The jute bag
market size reached US$ 2.16 Billion in 2023. Looking forward, Reports and
Insights expects the market to reach US$ 3.25 Billion by 2032, exhibiting a
growth rate (CAGR) of 5.2% during 2024-2032.
What are
Jutе Bag?
A jute bag is an eco-friendly, reusable & biodegradable bag
made from a natural fiber that is derived from the stems of the jute plant,
scientifically known as Corchorus species. It is a long, soft, shiny vegetable
fiber that can be twisted into coarse, strong threads and used for various
applications, including the production of bags. Further, jute bag is designed
in numerous types such as carry bags, landscape, mini, bottle, conference,
hamper, drawstring, and others. They are durable and reusable, making them a
great choice for shopping, packaging, and promotional purposes.
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What are
the growth prospects and trends in the Jutе Bag industry?
The Jutе Bag market growth is driven
by the growing global awareness of environmental sustainability and the shift
towards eco-friendly alternatives as the concern about plastic pollution is
rising. Further, the natural, rustic appearance of jute bags also adds to the
appeal, making them a fashionable and conscious choice for consumers and the
importance of corporate social responsibility (CSR) also played a significant
role in driving the jute bag market. Many companies are adopting sustainable
practices and seeking eco-friendly packaging solutions. Furthermore, government
initiatives and policies promoting the use of environmentally friendly products
drive the jute bag market. Overall, the jute bag market growth is
driving by the global movement towards sustainability, increasing environmental
awareness, corporate responsibility initiatives, consumer preferences for
eco-friendly products, and supportive government policies.
What is
included in market segmentation?
The report
has segmented the market into the following categories:
By Capacity
·
Up to 10 Kg
·
11-30 Kg
·
31-50 Kg
·
Abovе 50 Kg
By Price
·
Premium
·
Mass
By Distribution Channel
·
Offline
·
Online
By End Use
·
Household
·
Retail
·
Institutional
By Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East
Who are the
key players operating in the industry?
The report
covers the major market players including:
- JOYTEX
GMBH & CO. KG
- PEMA Vеrpackung
GmbH
- Tridеnt Jutе
- Zеst tеx
- Jutе Cotton
Bags
- Asia Jutе
- Cothееka Jutе Industry
- Bombay
Bags
- TopTrans
Intеrnational
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