Jute Bags Market | Trends, And Growth Forecast to 2031
Posted by Biswadeep on January 5th, 2022
Jute Bags Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
TBRC’s market report includes a chapter on the COVID-19 impact on the jute bags industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected jute bags market growth numbers from 2022-2031.
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The global jute bags market is expected to grow from .94 billion in 2021 to .25 billion in 2022 at a compound annual growth rate (CAGR) of 15.8%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach .38 billion in 2026 at a CAGR of 10.8%.
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The Jute Bags Global Market Report 2022-31 by The Business Research Company evaluates jute bags market size, growth rate, drivers, jute bags industry trends, and major companies.
The jute bags market segments in the report are:
1) By Type: Jute Sack Bags, Jute Shopping Bags
2) By Price: Premium, Mass
3) By Application: Household, Commercial
4) By End-Use: Retail, Institutional
Asia: +91 88972 63534
Americas: +1 315 623 0293
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Joined: July 6th, 2021
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