Market Overview:
The global jute market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for jute bags, jute apparel, and other products made of jute fiber. Jute is a natural fiber that is obtained from the stem of the plant Juta spp. It has high tensile strength and durability, which makes it suitable for use in various applications such as bags, apparel, furnishings, and others. The growing awareness about the benefits of using environment-friendly materials is also contributing to the growth of the global jute market. The global jute market by type can be segmented into bags, apparel, handicrafts, textile products,, furnishings,, and others). Bags are expected to account for a major share ofthe globaljutemarketin termsof revenue due to their growing popularity among consumers across different regions. Apparel made fromjutefiberis also gaining popularity due its eco-friendly natureand its abilityto provide insulation against extreme weather conditions. Handicrafts are another popular product category in this market owingto their unique designand aesthetic appeal. Textile products accounted for a significant shareof themarketin 2017due tot heir wide application scope in various industries such as automotive,. furniture,. and others). Furnishings made fromjutefiberare also becoming popular due their eco-friendly natureand aesthetic appeal.
Product Definition:
A fiber obtained from the stem and leaf of the jute plant, used for making cordage, sacks, and other coarse fabrics.
Jute Bags:
Jute bags, also known as kenaf or methi bag, are a type of biodegradable packaging made from the fibers of the plant called Jute. The plant is grown in tropical and subtropical regions across the globe. The raw material used to make jute bags is generally grown in tropical and subtropical regions across the globe.
Jute Apparel:
Jute Apparel is a type of clothing made from jute fibers. Jute fibers are extracted from the stem of the plant and processed to make textile or fabric. It has high tensile strength, which makes it an ideal raw material for manufacturing clothes and other industrial products that require strong fabrics with stretchable properties. The jute fiber is also used in making ropes, twine, nets, sacking for grain storage bags among others.
Application Insights:
The global jute market is segmented by application into residential, commercial and industrial sectors. The residential sector accounted for the largest share in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to increasing disposable income among consumers, coupled with growing construction activities in emerging economies such as India and China. Moreover, rapid urbanization has led to an increase in demand for housing structures resulting in a rise in demand for jute products used as textile materials or handicrafts within them.
Commercial applications include industries such as textiles, furnishing fabrics including carpets & rugs which are further processed into handicrafts or decorative items used throughout the building space of retail stores.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The region is home to several emerging economies, including China, India, Bangladesh, Myanmar and Vietnam. Increasing population coupled with rising living standards have spurred the demand for consumer goods such as bags and apparel in these countries. This trend is projected to continue over the coming years which will benefit industry growth across Asia Pacific.
Europe accounted for a major share of revenue owing to high product adoption in various applications such as residential (furnishing), industrial (textile), commercial (handicrafts) along with garments & clothing There are more than 13000 handicraft production units across Europe that export their products globally thereby driving regional market growth Over last few years there has been an increase in demand from Middle East & Africa due to increasing number of construction projects along with growing tourism sector which requires better facilities for travelers including hotels etc.
Growth Factors:
- Increasing demand from the automotive and construction industries for jute-based products as a substitute for synthetic materials.
- Jute's biodegradable and eco-friendly properties make it an attractive option over other materials.
- The increasing popularity of natural fibers over synthetic fibers in the textile industry.
- Growing awareness about the benefits of using jute among consumers and businesses alike.
Scope Of The Report
Report Attributes
Report Details
Report Title
Jute Market Research Report
By Type
Jute Bags, Jute Apparel, Jute Handicrafts, Jute Textile, Jute Furnishings, Others
By Application
Residential, Commercial, Industrial
By Companies
Premchand Jute＆Industries, Bangalore Fort Farms, Budge Budge Company, Cheviot, Ludlow Jute & Specialities, Aarbur, Hitaishi-KK, Howrah Mills Co. Ltd, OASIS AGENCIES, Gloster Limited., Green Packaging Industries, Himanshu Jute Fab
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Jute Market Report Segments:
The global Jute market is segmented on the basis of:
Types
Jute Bags, Jute Apparel, Jute Handicrafts, Jute Textile, Jute Furnishings, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Premchand Jute＆Industries
- Bangalore Fort Farms
- Budge Budge Company
- Cheviot
- Ludlow Jute & Specialities
- Aarbur
- Hitaishi-KK
- Howrah Mills Co. Ltd
- OASIS AGENCIES
- Gloster Limited.
- Green Packaging Industries
- Himanshu Jute Fab
Highlights of The Jute Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Jute Bags
- Jute Apparel
- Jute Handicrafts
- Jute Textile
- Jute Furnishings
- Others
- By Application:
- Residential
- Commercial
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Jute Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Jute is a fiber made from the jute plant. It is strong and durable, making it an ideal material for bags, sacks, and other items that need to be tough but lightweight.
Some of the major companies in the jute market are Premchand Jute＆Industries, Bangalore Fort Farms, Budge Budge Company, Cheviot, Ludlow Jute & Specialities, Aarbur, Hitaishi-KK, Howrah Mills Co. Ltd, OASIS AGENCIES, Gloster Limited., Green Packaging Industries, Himanshu Jute Fab.
The jute market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Jute Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Jute Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Jute Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Jute Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Jute Market Size & Forecast, 2020-2028
4.5.1 Jute Market Size and Y-o-Y Growth
4.5.2 Jute Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Jute Bags
5.2.2 Jute Apparel
5.2.3 Jute Handicrafts
5.2.4 Jute Textile
5.2.5 Jute Furnishings
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Jute Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Jute Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Jute Bags
9.6.2 Jute Apparel
9.6.3 Jute Handicrafts
9.6.4 Jute Textile
9.6.5 Jute Furnishings
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Jute Bags
10.6.2 Jute Apparel
10.6.3 Jute Handicrafts
10.6.4 Jute Textile
10.6.5 Jute Furnishings
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Jute Bags
11.6.2 Jute Apparel
11.6.3 Jute Handicrafts
11.6.4 Jute Textile
11.6.5 Jute Furnishings
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Jute Bags
12.6.2 Jute Apparel
12.6.3 Jute Handicrafts
12.6.4 Jute Textile
12.6.5 Jute Furnishings
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Jute Bags
13.6.2 Jute Apparel
13.6.3 Jute Handicrafts
13.6.4 Jute Textile
13.6.5 Jute Furnishings
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Jute Market: Competitive Dashboard
14.2 Global Jute Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Premchand Jute＆Industries
14.3.2 Bangalore Fort Farms
14.3.3 Budge Budge Company
14.3.4 Cheviot
14.3.5 Ludlow Jute & Specialities
14.3.6 Aarbur
14.3.7 Hitaishi-KK
14.3.8 Howrah Mills Co. Ltd
14.3.9 OASIS AGENCIES
14.3.10 Gloster Limited.
14.3.11 Green Packaging Industries
14.3.12 Himanshu Jute Fab
