DUBLIN--(BUSINESS WIRE)--The "Jute Bag Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022" report has been added to ResearchAndMarkets.com's offering.
The global jute bag market reached a value of US$ 1.4 Billion in 2016, exhibiting a CAGR of around 11% during 2009-2016.
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. According to the report, the market is projected to reach a value of US$ 2.6 Billion by 2022.
The report has analysed the global jute market on the basis of type, covering jute sack bags and jute shopping bags. Currently, jute sack bags dominate the market, accounting for the majority of the sales volume. 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 shares, representing the leading producer of jute bags. 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. and Gloster Limited.
- Ashoka Exports
- Gloster Limited
- Howrah Mills Co. Ltd.
- Shree Jee International India Ltd.
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
5 Global Biodegradable Bags Market
6 Understanding the Market Dynamics of Jute Bag
7 Competitive Structure
8 Jute Bag Manufacturing Process
9 Project Details, Requirements and Costs Involved
10 Loans and Financial Assistance
11 Project Economics
12 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/research/5w6jhj/global_jute_bag?w=4