Global Paper And Plastic Straws Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Kraft Paper Straws, Printed Paper Straws, and Plastic Straws.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn205285106 Published Date: March, 2024 Updated Date: April, 2024

Introduction

Global Paper And Plastic Straws Market (USD Million), 2020 - 2030

In the year 2023, the Global Paper And Plastic Straws Market was valued at USD 7,248.08 million. The size of this market is expected to increase to USD 14,396.33 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 10.3%.

The market for paper and plastic straws witnessed significant growth in recent years, fueled by increasing environmental concerns and regulatory initiatives aimed at reducing single-use plastics. Consumers and businesses alike are increasingly opting for more sustainable alternatives to traditional plastic straws, driving the demand for paper and biodegradable options. This shift in consumer behavior, coupled with a growing awareness of the detrimental effects of plastic pollution on marine ecosystems, has propelled the market forward. Advancements in technology have led to the development of innovative and cost-effective solutions, further boosting the adoption of eco-friendly straws across various end-user industries such as food service, hospitality, and retail.

Looking ahead, the paper and plastic straws market is poised for continued expansion, with forecasts indicating robust growth trajectories over the coming years. As sustainability continues to gain traction as a key consumer preference, businesses are expected to invest more in eco-friendly packaging solutions, including alternatives to plastic straws. Moreover, stringent regulations targeting single-use plastics are likely to drive further market growth by incentivizing the adoption of biodegradable and compostable materials. This ongoing shift towards sustainability, combined with technological advancements and evolving consumer preferences, positions the paper and plastic straws market for substantial growth and innovation well into the future.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Region
  4. Global Paper And Plastic Straws Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Consumer Preferences
        2. Corporate Sustainability
        3. Foodservice & Hospitality
      2. Restraints
        1. Cost Considerations
        2. Resistance to Change
        3. Infrastructure Challenges
      3. Opportunities
        1. Market Expansion
        2. Product Diversification
        3. Recycling Infrastructure
    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 Paper And Plastic Straws Market, By Type, 2022 - 2032 (USD Million)
      1. Kraft Paper Straws
      2. Printed Paper Straws
      3. Plastic Straws
    2. Global Paper And Plastic Straws 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 Group
      2. Tetra Pak International S.A.
      3. Aardvark Straws
      4. Aardvark Straws
      5. Merrypak
      6. Ecopack
      7. Stone Straw Limited
      8. Guangzhou Jiurong Packaging
      9. Guangzhou Guanlin Paper Products
      10. Gorlando Commodity
      11. Zhengzhou GStar Plastics
  7. Analyst Views
  8. Future Outlook of the Market

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