Jute fiber has become more popular in recent years due to its renewability, biodegradability, low manufacturing costs, and wide range of uses. However, one of the major components of fiber is lignin, which impairs the fiber quality and, as a result, makes jute fiber unsuitable for use in the textile industry and biofuel production. The availability of the jute (Corchorus olitorius) genome sequence provides the opportunity to perform a systematic analysis of the gene families and transcription factors specific to the lignin biosynthesis. Here, genome-wide screening was performed to identify the members of gene families associated with lignin biosynthesis in jute. Following this, phylogenetic analysis was carried out with functionally characterized genes involved in lignin biosynthesis of other species. The expression analysis among different tissues and different regions of bark tissue, taking into account fiber developmental stages, is also conducted to identify the genes mainly involved in jute fiber lignification. Fourteen genes and eleven transcription factors belonged to bona fide clades and showed strong expression in highly lignified tissues. Moreover, the transcript levels of these proteins were higher in the bottom bark tissues, which have a higher lignin accumulation compared to the top bark tissues, suggesting these genes were the core lignification genes in fiber formation. Similarly, gene ontology and protein-protein interactions analysis indicated that these genes were mainly involved in lignin biosynthesis and interacted with each other. The identification of the major lignification genes and transcription factors involved in jute fiber development provides a strong foundation for the development of jute cultivars to improve fiber quality.