Juco Bags Market is segmented By Component (Shopping bag, Promotional bag, Custom bags, and Printed bags), By Material (Jute and Cotton), and By Industry Vertical (Commercial and Household) and Region (United States, Canada, Mexico, South America, France, Germany, Italy, Spain, United Kingdom, Russia, China, India, Philippines, Malaysia, Australia, Austria, South Korea, Middle East, Japan, South Africa, Rest of World)
Juco Bags Market
Juco bags are one of the robust packaging solutions used to carry heavy loads. Juco fabric, a mixture of jute and cotton, is used in manufacturing juco bags. The bags are strong, durable, cost-efficient, and environmentally friendly bags. Juco bags are mainly used for commercial and household purposes. Juco bags are the perfect alternative for plastic packaging solutions and are widely adopted by major industry players. The factors such as recyclable, customizable, and biodegradable influencing the juco bag market to grow exponentially.
With the increasing awareness of sustainable packaging solutions and green practitioner campaigns among various manufacturing industries, the demand for jute bags has increased rapidly. Thereby, the juco bags market has surged significantly.
Juco Bags Market size was estimated at $XX billion in 2020 and is expected to reach $XX billion by 2031, growing at a CAGR of XX% during the forecast period of 2022 to 2031.
Juco Bags Market Growth and Trend
The growing demand for sustainable packaging solutions is significantly driving the growth of the global juco bags market. The advantages of the juco bags as an eco-friendly packaging service have compelled industries to adopt the bags. In developed and developing countries, juco bags have replaced the traditional single-use plastic bags. Factors like lightweight, eco-friendly, reusability, decompose, and recycling contributed to the rapid growth of the juco bags market. The massive awareness of environmentally sustainable products and restrictions imposed on the usage of plastic and other environmental pollutant materials influenced manufacturers and end-users to prioritize juco bags.
However, juco bags tend to lose colour and turn pale yellow when exposed to direct sunlight. The bags can become feeble in wet conditions. Despite these hindering drawbacks associated with juco bags, the juco bags market is on the growing verge. The juco bags market growth attributes to the benefits offered to the environment and the low costs and readily available nature.
Juco Bags Market Segmentation
The juco bags market is segmented by component, material, and industry vertical. Based on components, the market consists of shopping bags, promotional bags, custom bags, and printed bags. Based on material, the market is segmented into jute and cotton. Based on industry vertical, the market is divided into commercial and household. The commercial industry is further segmented into retail bag, shopping bag, wine bottle bags, and gift bags.
Juco Bags Market Country Analysis
North America is likely to dominate the overall juco bags market growth during the forecast time frame. The regional growth can be attributed to the strict laws on the plastic ban and limiting the use of other pollutant materials. The European government has banned single-use plastic and imposes heavy taxes on the use of harmful pollutants and thereby the juco bags market in the European region is growing exponentially. The Asia Pacific is the largest producer of jute fabric and is the fastest-growing market for juco bags. The rising population and growing pollutions, as a result, can be attributed to the adoption of juco bags in the Asia Pacific region. The middle Asia and Africa regions are providing a wide range of opportunities and future scope for the juco bags market. Similarly, Oceania is inclined towards sustainable products and materials, considering the hazardous affect on the environment due to plastic pollutants.
Juco Bags Market Share and Competition
The major players operating in the global juco bags market are Param Jute Products, HandCraft Worldwide Company, Sara International, AARBUR, KK INTERNATIONAL, Oasis Agencies LLP, The Cotton Jute Bags, Asia Jute, GOJUTE, Kush Exports, Flymaxexim, A. P. Exim Commercials, Eco Bags International, R Kumar & Company, and Eco World Bags.
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2022 – 2031)
• Data breakdown for every market segment (2022 – 2031)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Component Type Analysis (Revenue, USD Million, 2022 - 2031)
• Shopping bag
• Promotional bag
• Custom bags
• Printed bags
Material Analysis (Revenue, USD Million, 2022 - 2031)
Industry Vertical Analysis (Revenue, USD Million, 2022 - 2031)
o Retail bag
o Shopping bag
o Wine bottle bag
o Gift bag
Region Analysis (Revenue, USD Million, 2022 – 2031)
• North America
o the United States
• South America
o the United Kingdom
• the Asia Pacific
o the Philippines
o South Korea
• Middle East
o GCC Countries
o South Korea
• South Africa
• Rest of World
Juco Bags Market Companies
• Param Jute Products
• HandCraft Worldwide Company
• Sara International
• KK INTERNATIONAL
• Oasis Agencies LLP
• The Cotton Jute Bags
• Asia Jute
• Kush Exports
• A. P. Exim Commercials
• Eco Bags International
• R Kumar & Company
• Eco World Bags
• the United States Juco Bags Industry Research Report
• Europe Juco Bags Industry Research Report
• Asia Pacific Juco Bags Industry Research Report
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