Investment Opportunities in Jute Gunny Bags and Jute Fabric Manufacturing Plant. Production of Jute Products.
Jute fabric could be a type of coarse and robust material made using rough jute threads. These threads are spun from a robust, soft and lustrous vegetable fiber derived from a plant within the Corchorus, the scientific name given to plants that also are the raw materials for hemp or gunny textile. It’s made from the skin of the plant that is what provides it the rough, raw look it’s best-known for. Natural jute fabric is one of the most useful materials within the world once cotton. There’s an astonishing range of uses of jute fabric and its wide used within the Indian sub-continent (where it is primarily produced) for a variety of useful and fashion purposes. It additionally very reasonable and is considered a really eco-friendly material.
Jute will bring a natural, textured feel to the bedchamber once used to cover bed frames and headboards. Its rough, coarsely-woven look, paired with smooth linens and soft pillows, will produce a pleasing juxtaposition. Several retailers provide jute beds and headboards for purchase, however you'll be able to also attempt making your own bohemian headboard out of jute placemats.
Benefits of using Jute Fabric and Gunny Bag
Reusable.
Environmentally friendly.
Do not require maintenance.
100% bio-degradable and recyclable
Cost effective and cheaper than plastic and paper bags.
Strong and can carry more weight as compared to promotional carry bags.
Durable and long lasting, not easy to tear like Plastic and Paper bags do.
Jute has good insulating and antistatic properties, low thermal conductivity and a moderate moisture regain.
Backward Rural Area situation is improved
Jute is usually cultivated within the backward areas of India and Bangladesh close to the coast of Bay of Bengal. The building of jute industries in these regions would increase employment and development of backward rural and remote areas, and consequently less migration to urban areas.
Beneficial for the following Crops
When jute crop is rotated with different crops on a similar field, the productivity of different crops are increased and therefore the risk of diseases is reduced. Throughout jute crops many nutrients are replenished within the field soil, making the sector fertile to benefit following crop. The rotation of jute with other crops contribute to increase the soil fertility.
Features:
• Eco-friendly nature
• Bio-degradable
• Can be easily re-used
• Easy to clean
• Excellent finish
• Smooth texture
• Highly spacious
Market Outlook
India is the largest producer of raw jute and the second largest exporter of jute and jute based goods in the world, next only to Bangladesh. India, Bangladesh, China, Myanmar, Nepal and Thailand are at present the major producers of Jute, Kenaf and Roselle fibres. India, Bangladesh and China are the large producers. Jute is a natural fiber popularly known as the golden fiber.
Jute is a natural fiber obtained from the bark of the white jute plant or the tossed jute plant. And is extensively utilized in the manufacturing of packaging products and textiles. As a packaging material, jute offers advantages similar to good insulation, low thermal conductivity and moderate wetness retention. On account of this, jute bags are used as packaging material for bulk goods as well as shopping and gift bags.
The global jute bag market reached a value of US$ 1.8 Billion in 2018, exhibiting a CAGR of around 11.5% during 2011-2018. The market is projected to reach a value of US$ 3.1 Billion by 2024.
The global jute bag business is presently at a nascent stage with encouraging growth aspects. The demand for jute bags has witnessed a surge over the past few years, particularly within the European Union. This may be attributed to the growing surroundings consciousness within the region. The imports of jute bags in non-producing countries have conjointly been facilitated by the ban on plastic packaging materials and bags. Additionally, the advantages offered by jute bags akin to their biodegradability, durability, low cost, high strength, etc. have further supported the market growth. The worldwide jute bag market to continue its moderate growth throughout the next 5 years.
For More Details, Click Here:- https://niir.org/profile-project-reports/profiles/packaging-industry-beverage-can-bottles-blister-packs-carton-bags-plastic-bottles-skin-pack-tin-can-boxes-shrink-wrap-barrel-crate-aseptic-container-active-flexible-rigid-plastic-metal-flexible-glass-paper-board-food-beverage/z,,77,0,a/index.html
https://niir.org/profile-project-reports/profiles/jute-jute-based-project-oil-coir-shopping-bags-projects/z,,f,0,a/index.html
Key players
Aarbur, Ashoka Exports, Hitaishi-KK, Howrah Mills Co. Ltd., Shree Jee International India Ltd. and Gloster Limited.
