The global demand for Paper Straw Market is presumed to reach the market size of nearly USD XX.X MN by 2030 from USD XX.X MN in 2022 with a CAGR of 23.7% under the study period of 2023 - 2030. Regarding volume, the market was calculated XX Units in 2022 and forecast to touch XX Units by 2030 with a CAGR of XX% during 2023 - 2030.
Paper straw is a pipe made of three plies of food-grade paper bonded with water-based or hot melt adhesives, used for drinking liquids. It is manufactured using virgin paper or recycled paper. Unlike plastic straws, it is entirely biodegradable and decomposes entirely within two to six weeks. Paper straws are gradually replacing plastic straws, as it is a safe, hygienic and eco-friendly option. It is either made straight or likes angled tubes to suit various applications. Paper straws are mainly used for drinking milk, tea, coffee, water, beverages etc. These affordable straws are used for decorating cakes, in paper crafts and parties, and for making DIY toys due to their exciting designs and colours.
Market Dynamics
The paper straw market is predicted to expand during the forecast timeline. The primary driver of its market is a significant expansion in the food and beverage business because of a rising number of hotels, restaurants, food joints, and catering services that serve millions of customers. In addition, toxic landfills caused by the dumping of plastic straws are also boosting the paper straw market. With the advancement in technology, several online food delivery platforms have come up, driving demand for paper straws. The government ban on plastic usage due to its non-biodegradable properties, campaigns related to the same and growing awareness about nontoxic straws among consumers are other significant factors attributed to its market growth. Furthermore, the exciting colour and pattern will augment its demand. However, paper straws absorb 30% of the liquid and lose 70%-90% strength within 30 minutes when immersed in liquids. This factor may affect its market growth in the years to come.
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 an inclusive assessment of each segment in the global market of paper straw. The growth and trends of Paper Straw Industry provide a holistic approach to this study.
Market Segmentation
This section of the paper straw market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Material Type
- Virgin Paper
- Recycled Paper
By Product Type
By Staw Length
- <5.75 Inches
- 5.75-7.75 Inches
- 7.75-8.5 Inches
- 8.5-10.5 Inches
- >10.5 Inches
By Staw Diameter
- 0.15 – 0.196 Inches
- 0.196 – 0.25 Inches
- 0.25 – 0.4 Inches
- >0.4 Inches
By End-Use Application
- Foodservice
- Institutional
- Household
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Paper Straw market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Paper Straw 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 paper straw market include Footprint (US), Hoffmaster Group, Inc. (US), Transcend Packaging Ltd. (UK), Huhtamaki Oyj (Finland), Fuling Global Inc. (China), Tipi Straws (UK), Canada Brown Eco Products Ltd (China), Bygreen (Australia), Soton Daily Necessities Co., Ltd. (China), YuTong Eco-Technology (SuQian) Co., Ltd (China), Ningbo Jiangbei Shenyu Industry and Trade Co., Ltd. (China), Royal Paper Industries (Canada), Shenzhen Grizzlies Industries Co., LTD (China), Lollicup USA, Inc. (US), and Biopac (UK) Ltd (UK). This section consists of 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.
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