Global Straw Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product;

Plastic, Bamboo, Metal, Paper, Glass, Silicone and Others.

By Straw Length;

Less than 9 cm, 9-15 cm,16-20 cm and More than 20 cm.

By Sales Channel;

Straw Manufacturers, Straw Distributors, Straw Retailers and E-retail of Straws.

By End Use;

Foodservice, Institutional and Households.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn920290699 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Straw Market (USD Million), 2020 - 2030

In the year 2023, the Global Straw Market was valued at USD 19,177.25 million. The size of this market is expected to increase to USD 28,456.79 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.

The paper straw market is poised for significant sales growth in the upcoming forecast period. Paper straws offer durability, strength, and absorbency, reducing the need for frequent replacements and minimizing waste. This eco-friendly alternative to plastic straws is gaining traction and is expected to witness substantial growth in the near future. However, the expansion of the paper straw market may be hindered by the high production and processing costs associated with these straws.Despite the benefits, paper straws face challenges related to mechanical strength and absorption capacity. A potential threat to the paper straw market could arise from insufficient production capacity to meet growing demand. With increasing global awareness of plastic pollution and initiatives to phase out plastic products, paper straws are poised to capitalize on this opportunity. As consumers become more conscious of the environmental impact of plastic items, the demand for paper-based straws is projected to rise across various end-use applications.

Recent advancements in the market include the introduction of smart packaging solutions featuring biodegradable disposable straws. In April 2022, UFlex Limited announced the launch of a new manufacturing line for U-shaped paper straws in India, further driving innovation in the market. The food and beverage industry remains a key consumer of paper straws, with the proliferation of food chain outlets expected to boost demand.

Europe is at the forefront of the global paper straw market, accounting for approximately 23.5% of the market share in 2022. The region is actively reducing the use of single-use plastic straws in favor of reusable and biodegradable alternatives, creating growth opportunities for manufacturers. According to UNESDA, the emphasis on soft drinks as part of a healthy lifestyle is expected to further increase the consumption of biodegradable straws in the region.Changing consumer lifestyles and the increasing adoption of paper-based packaging are additional factors expected to drive the growth of the straw market in Europe and beyond. Local and regional players are poised to contribute to market growth and increase the value share of paper straws in the region.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Straw Length
    3. Market Snapshot, By End Use
    4. Market Snapshot, By Region
  4. Global Straw Market Trends
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Regulatory Changes
        2. Growing Awareness of Environmental Issues
        3. Rise in Foodservice Industry
        4. Innovation and Product Development
      2. Restraints
        1. Environmental Concerns with Alternative Materials
        2. Higher Production Costs
        3. Quality and Performance Issues
        4. Supply Chain Disruptions
      3. Opportunities
        1. Growing Demand for Sustainable Alternatives
        2. Innovation in Material and Design
        3. Expansion in Emerging Markets
        4. Collaboration with Foodservice Industry
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Straw Market, By Product, 2022 - 2032 (USD Million)
      1. Plastic
      2. Bamboo
      3. Metal
      4. Paper
      5. Glass
      6. Silicone
      7. Others
    2. Global Straw Market, By Straw Length, 2022 - 2032 (USD Million)
      1. Less than 9 cm
      2. 9-15 cm
      3. 16-20 cm
      4. More than 20 cm
    3. Global Straw Market, By sales Channel, 2022 - 2032 (USD Million)
      1. Straw Manufacturers
      2. Straw Distributors
      3. Straw Retailers
      4. E-retail of Straws
    4. Global Straw Market, By End Use, 2022 - 2032 (USD Million)
      1. Foodservice
      2. Institutional
      3. Households
    5. Global Straw Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Huhtamaki Oyj
      2. Pactiv LLC
      3. Hoffmaster Group Inc
      4. PT. Strawland
      5. Vegware Ltd
      6. Biopac Ltd.
      7. The Paper Straw Co
      8. Sulapac Oy
  7. Analyst Views
  8. Future Outlook of the Market

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