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Jute Bag Market Trends News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Jute Bag Market Analysis, Recent Trends and Regional Growth Forecast by 2026

Jute Bag Market Report 2021, Market Share, Size, Trends, Forecast and Analysis of Key players 2026 – Business

According to the recent report by IMARC Group, the global jute bag market size reached a value of US$ 2.07 Billion in 2020. Looking forward, the market expects to exhibit moderate growth during the next five years. Jute is a long, soft, bast fiber obtained from the bark of two kinds of plants, namely, white and Tossa jute. Also known as the golden fiber due to its golden and silky appearance, jute is the second-most important vegetable fiber after cotton. It is spun into coarse, strong threads that are utilized to produce ropes, bags, fabrics, and carpets. Jute is non-toxic, cost-effective, recyclable, reusable, and biodegradable in nature as it leaves no residue after degradation. As a result, it is widely used in packaging and manufacturing fabrics across the globe.

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