Home > Chemicals & Materials > Advanced Materials > Functional Materials > Jute Market

Jute Market Share

Report ID: GMI7141
Published Date: Oct 2023
Report Format: PDF

Download Free Sample

Jute Market Share

Major companies operating in the jute industry includes:

Premchand Jute Industries
Gloster Limited
Aarbur
Bangalore Fort Farms
Cheviot
Ludlow Jute & Specialities
Hitaishi-KK
Howrah Mills Co. Ltd.
AI Champdany Industries
Budge Budge Company
Shree Jee International India

The market players are undergoing various strategic initiatives, such as mergers and acquisitions, partnerships, collaborations.

The Howrah Mill Co. Ltd is a well-established company with a rich history and a strong presence in the textile industry. Founded in the heart of Howrah, West Bengal, this company has been a key player in the textile sector for several decades. With a commitment to quality and innovation, Howrah Mill Co. Ltd has continually adapted to changing market dynamics, making it a trusted name in the textile manufacturing business.

The company specializes in the production of a wide range of textile products, including fabrics, yarns, and other textile materials. Their state-of-the-art manufacturing facilities are equipped with the latest technology and machinery, allowing them to maintain high production standards while adhering to eco-friendly and sustainable practices.

Authors: Kiran Pulidindi, Manish Mohanan

Frequently Asked Questions (FAQ) :

Jute industry was worth USD 2.5 billion in revenue in 2022 and is projected to expand at over 5.9% CAGR from 2023 to s2032 attributed to the growing global awareness of the environmental impact of synthetic materials and the escalated need for sustainable and biodegradable materials.

Jute bags market size reached USD 0.85 billion in 2022 and is estimated to expand at notable pace through 2032 attributed to the surging awareness of the environmental impact of single-use plastics and synthetic materials.

Asia Pacific jute industry generated USD 1.28 billion in revenue in 2022 and is poised to witness high demand through 2032 owing to the historical significance and cultural ties of jute products in the APAC countries.

Some of the prominent jute firms are Premchand Jute Industries, Gloster Limited, Aarbur, Bangalore Fort Farms, Cheviot, Ludlow Jute & Specialities, Hitaishi-KK, Howrah Mills Co. Ltd., AI Champdany Industries, Budge Budge Company, and Shree Jee International India.