The global jute bag market value is estimated to be USD 843.9 million in 2024. Furthermore, the share of the top 3 countries in the jute or natural fiber market is expected to be around 40% this year.
According to the market analysis report, the overall market is predicted to grow at a moderate CAGR of 2.6% during the forecast period. The global jute bag industry share is estimated to reach a value of nearly USD 1,090.8 million by 2034.
| Report Attribute | Details |
|---|---|
| Jute Bag Market Size (2024) | USD 843.9 million |
| Market Anticipated Forecast Value (2034) | USD 1,090.8 million |
| Market Projected Growth Rate (2024 to 2034) | 2.6% CAGR |
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The global jute bag market was valued at USD 748.6 million in 2019 The global jute bags market grew at a CAGR of 1.8% between 2019 and 2023 and the sales increased by 1.2x during this period. The overall market value was about USD 819.3 million by 2023.
Though the demand for jute bags reduced significantly for a brief period during these years, suitable government initiatives to sustain jute producers revived the market after the pandemic. Moreover, social media channels increased customer interest and demand during this period by raising awareness of jute bags as an eco-friendly and fashionable option.
| Attributes | Details |
|---|---|
| Jute Bag Market Value (2019) | USD 748.6 million |
| Market Revenue (2023) | USD 819.3 million |
| Market Historical Growth Rate (CAGR 2019 to 2023) | 1.8% CAGR |
Jute sacks, gunny, and hessian bags are widely used as packaging alternatives to plastic woven sacks for packaging dry food commodities and packaged items. In addition to this, improving jute material by treating it with chemicals for packing food items has improved the demand for jute bags in the commercial sector. So, expansion of the food and retail sector is very likely to boost the sales of jute tote bags in the coming days.
Many companies are now imprinting their logos and messaging on jute bags to increase brand awareness and promote sustainability. A rise in such desire for personalized branding over jute bags is expected to further propel the demand for jute eco bags during the projected years.
The table below lists the countries that are likely to present more lucrative opportunities for the jute sustainable bag market.
| Regional Market Comparison | CAGR (2024 to 2034) |
|---|---|
| United States | 1.5% |
| Germany | 1.4% |
| United Kingdom | 1.1% |
| India | 5.9% |
| China | 5% |
The United States jute bag market is likely to progress at a rate of 1.5% over the forecast years.
The overall sales of jute bags in the United Kingdom are expected to surge at a rate of 1.1% per year over the forecast period.
The jute bag industry in China is expected to expand at a rate of 5% during the projected years.
The jute bag sales in Germany are projected to thrive at a CAGR of 1.4% between 2024 and 2034.
Production of jute bags in India is expected to increase by 2.1x between 2024 and 2034 culminating in a 5.9% CAGR during this period.
According to the study, the 11 to 30 Kg capacity segment is expected to contribute 38.4% of the revenue generated in 2024. Furthermore, this segment is projected to expand by 1.6x by 2034.
| Attributes | Details |
|---|---|
| Top Capacity Type | 11 to 30 Kg |
| Market Share in 2024 | 38.4% |
Based on end users for jute bags, the retail segment is expected to account for a 45.4% share in global jute bag sales. The retail end-use segment is anticipated to grow by 1.7x by the end of 2034.
| Attributes | Details |
|---|---|
| Top End Use Type | Retail Sector |
| Market Share in 2024 | 45.4% |
The overall market is fragmented as the sources of natural jute as sparse and diversified. Leading companies in the jute or eco bags market are expanding their global reach, diversifying their product offering, and accelerating their development processes to gain a competitive edge. Meanwhile, emerging market players are adopting strategies such as mergers and acquisitions to strengthen their position in the market.
Recent Developments in the Global Jute Bag Market
In May 2021, Kandhi introduced a creative product line of handcrafted jute bags which have been created using an inventive, non-hairy, and incredibly soft jute fabric. The enterprise claims to have been created and manufactured by traditional Indian craftsmen to support sustainable fashion and lifestyle. The Kandhi design team had been investigating the potential uses and improvement of jute as an alternative to plastic and synthetic fiber.
In June 2023, Craft Maestros revealed a new product line of jute bags to allure Fans of Sustainable Fashion. The company is promoting these bags as magnificent handicrafts where artistry and sustainability collide. Craft Maestros is a reputable online retailer that provides a large selection of exquisite handcrafted goods, with an emphasis on an exquisite line of handmade jute bags.
| Attribute | Details |
|---|---|
| Estimated Market Size (2024) | USD 843.9 million |
| Projected Market Size (2034) | USd 1,090.8 million |
| Anticipated Growth Rate (2024 to 2034) | 2.6% |
| Forecast Period | 2024 to 2034 |
| Historical Data Available for | 2019 to 2023 |
| Market Analysis | USD million or billion for Value and Units for Volume |
| Key Regions Covered | North America; Latin America; Europe; Middle East & Africa (MEA); East Asia; South Asia and Oceania |
| Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, Spain, Italy, France, United Kingdom, Russia, China, India, Australia & New Zealand, GCC Countries, and South Africa |
| Key Segments Covered | By Product Type, By Capacity, By End Use, By Distribution Channel, and By Region |
| Key Companies Profiled | MANYAN INC.; JOYTEX GMBH & CO. KG; PEMA Verpackung GmbH; Trident Jute; Zest tex; Jute Cotton Bags; Asia Jute; Cotheeka Jute Industry; Bombay Bags; TopTrans International |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The global jute bag market is estimated to be around USD 843.9 million in 2024.
The global jute bag market is to grow at 4% during the forecast period.
The global jute bag market is predicted to be valued at USD 1,090.8 million by 2034.
The global jute bag market was valued at USD 748.6 million in 2019.
India is predicted to witness a CAGR of 5.9% in sales of jute bags through 2034.
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Jute Bag Market
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