GLOBAL JUTE PACKAGING MARKET

INTRODUCTION

 Jute is a natural vegetable fibre produced mostly in Bangladesh and India from the outer stem and skin of the jute plant. The fibres are first removed using a procedure known as retting before being used to make jute fabric. Stems are bundled and submerged in slowly flowing water in this method.

 One of the earliest types of conventional packing is made of jute. It was the type of packaging that was utilised the most frequently. The bark of the jute plant is used to create this all-natural textile. Jute possesses sturdy, long-lasting, ventilating, and absorbent qualities.

GLOBAL JUTE PACKAGING MARKET SIZE AND FORECAST

 The Global Jute packaging market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

Hindalco Industries Ltd. and Jute Corporation of India have teamed up to produce recyclable packaging material in an effort to decrease the use of single-use plastic. For the trust that oversees the Tirumala Venkateswara Temple in Andhra Pradesh, Tirumala Tirupati Devasthanams (TTD), Hindalco launched the nation's first aluminium-foil-laminated jute bags.

The unique, aluminium foil-laminated jute bag is a great alternative to plastic bags for transporting the renowned Laddu Prasadam.

 The lamination of aluminium foil guarantees that the laddus maintain their freshness and aroma and are free of moisture and bacteria. Single-use plastic bags are anticipated to be replaced by these 100% recyclable bags.

A welcome substitute for plastic bags are the jute and aluminium bags. They are an invention of India and provide those who follow an environmentally beneficial choice. Sustainability is essential to their business at Hindalco. 

Another illustration of how Hindalco adheres to their mission statement, "Making Metals that are Greener, Stronger, and Smarter," is the choice for environmentally friendly packaging.

By presenting aluminium as a supermaterial with innate strengths, low weight, anti-corrosion, and 100% recyclable features, we hope to make it the "smart metal of choice" for our clients in the future. The collaboration with Hindalco has been a creative quest for a special and long-lasting response to plastic waste. Natural resources in India provide a wealth of potential for alternative packaging materials.

COMPANY PROFILE

• Thomasnet
• LC Packaging
• Univac Group
• Satyendra Group
• Imperial Jute

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Jute packaging are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Jute packaging and key vendor selection criteria
3. Where is the Jute packaging manufactured? What is the average margin per unit?
4. Market share of Global Jute packaging market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Jute packaging in-house
6. key predictions for next 5 years in Global Jute packaging market
7. Average B-2-B Jute packaging market price in all segments
8. Latest trends in Jute packaging market, by every market segment
9. The market size (both volume and value) of the Jute packaging market in 2023-2030 and every year in between?
10. Production breakup of Jute packaging market, by suppliers and their OEM relationship