Jute fabrics are strong, durable, light, color fast, attractive and cheaper than most fabrics made from other fibers. There is very simple sewing machine and cutting machine required for making jute bags. There is very good demand of jute bags. Demand of jute bag is meet up by our own growth. Jute bags has very good export potentiality. Raw materials required for making jute bags are cotton threads and jute fiber cloth. It can be packed in the plain box and transport it.
The global jute bag market reached a value of US$ 1.4 Billion in 2016, exhibiting a CAGR of around 11% during 2009-2016. The market is projected to reach a value of US$ 2.6 Billion by 2022. Indian jute carry and shopping bags exporters are shipping over millions of bags every year & trends show that the numbers are likely to keep rising rapidly. Sara International, one of the top jute bags manufacturers, which is taking advantage of this trend. As a whole any entrepreneur can venture in this project without risk and earn profit.
Few Indian major players are as under
· Agarpara Jute Mills Ltd.
· Ambica Jute Mills Ltd.
· Bally Jute Co. Ltd.
· Calcutta Jute Mfg. Co. Ltd.
· Caledonian Jute & Inds. Ltd.
· Empire Jute Co. Ltd.