The global demand for Straw Board Packaging Market is presumed to reach the market size of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period of 2021 - 2027. Regarding volume, the market was calculated XX Kilo Ton in 2020 and forecast to touch XX Kilo Ton by 2027 with a CAGR of XX% during 2021-2027.
Straw Board packaging is an approach where items are packed using boards made of agricultural products like wheat straw or paddy straw, distribution, storage, sale, and use. The raw materials used are generally fibers that are left-over after harvests, by-products usually disposed of. These straw boards are made from environmentally friendly raw materials that are highly economical and recyclable. They are durable, thick, and scratch-resistant. These boards possess superior workability and can be easily cut, stamped, inked, or painted. These boards are moisture, fire, deformation-resistant, and are made formaldehyde-free. Manufactured using an advanced processing technology, these boards are far superior to other MDF or particle boards currently available.
Increased adoption of packaging materials of vegetal origin is the key driver for the growth of this market. The growing demand for eco-friendly packaging materials for various end-user industries like building and construction, food & beverages, automotive, healthcare, personal care, and cosmetics will further benefit market growth. Rising environmental awareness among the global population and high preferences for biodegradable, lightweight, and recyclable packaging materials will boost market growth. The highly economical raw material straw, a renewable agricultural waste used in these boards' manufacture, will be a great benefactor for the market. The high costs involved due to the use of advanced processing technology and high resin costs are the various restraints for market growth.
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 straw board packaging. The growth and trends of Straw Board Packaging Industry provide a holistic approach to this study.
This section of the straw board packaging 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
By End Use
- Up to 0.5 mm
- 0.5 mm to 1.5 mm
- 1.5 mm to 3 mm
- 3 mm to 4 mm
- Above 4 mm
- Building and Construction
- Food & Beverages
- Personal Care & Cosmetics
This section covers the regional outlook, which accentuates current and future demand for the Straw Board Packaging 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 Straw Board Packaging 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 straw board packaging market include Chesapeake Plywood, LLC, Nefab Group, Shyam Enterprises, Bharat Card Board & Gen Mills, National Paper Board Mills, The Straw Board Manufacturing Company Ltd. 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.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
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