The global demand for Eco-Friendly Straws Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
A straw is a thin tube-like thing used for drinking beverages conveniently. The muscular action of the tongue combined with cheeks reduces the pressure levels in the mouth and liquid in the straw, consequently, the pressure forces the beverage through the straw. The conventional straws, made from polypropylene and polystyrene are intended as a single-use product, thus adding plastic pollution in the environment. The straws manufactured using biodegradable materials like paper, food-grade silicone, metal, bamboo, glass is known as eco-friendly straws. Most commonly used for consumption of carbonated beverages, milkshakes, fruit juices, hot beverages, alcoholic beverages, and more.
The food industry in terms of bars, lounges, and restaurants is perceived as a lucrative revenue pocket for eco-friendly straw manufacturers. Dentists recommend the use of drinking straws, especially for young children for the intake of sugary liquid without the risk of harm to tooth enamel. Rising health awareness among the masses is anticipated to drive the global market of eco-friendly straws. However, a well-established market of plastic straws may inhibit the growth pace. The use of eco-friendly straws implies lesser plastic pressure on the environment. With more and more people joining the anti-plastic movement supported by stringent regulation across the globe, the eco-friendly straws market is foreseen to flourish in the future.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of eco-friendly straws.
The entire eco-friendly straws market has been sub-categorized into material type length, application, product type and end use. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Material Type
By Product Type
- Carbonated Beverages
- Iced Tea
- Fruit Juices
- Alcoholic Beverages
By End Use
- Straight Straws
- Flexible Straws
- Bar & Restaurants
This section covers regional segmentation which accentuates on current and future demand for eco-friendly straws market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Eco-Friendly Straws Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the eco-friendly straws market include Huhtamäki Oyj, Tetra Pak International S.A., Aardvark Straws, Biopac (UK) Ltd., Merrypak, Guanlin Paper Products Co., Ltd., Straw Free, Bamboo Straws Worldwide, Simply Straws. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.