+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Paper Straws Market - Forecasts from 2019 to 2024

  • ID: 4835513
  • Report
  • 104 pages
  • Knowledge Sourcing Intelligence LLP
1 of 4

FEATURED COMPANIES

  • Aleco Industrial Co. Ltd,
  • Biopak pty ltd.
  • Hoffmaster Group Inc.
  • Okstraw
  • Sharp Serviettes
  • The Paper Straw Co.
  • MORE
Global paper straw market is projected to expand at a CAGR of 15.53% over the forecast period to grow tUS$693.029 million by 2024 from US$291.463 million in 2018. Key industries driving the demand for paper straws are hotels, cafes, restaurant and lounges among others. Paper straws are eco-friendly and can be easily recycled. Further, the increasing awareness regarding harmful properties of plastic along with increasing demand for eco-friendly straws is expected to drive the market for paper straws. Further, various government rules and regulations regarding ban of plastic across various regions around the globe is anticipated to create growth opportunities for paper straws market. Furthermore, the growing food and beverage industry along with increasing preference for take away food is anticipated to boost the food packaging demand providing growth opportunities for the paper straw market.

Drivers

Increasing awareness regarding environment
Growing food and beverage industry

Restraints

Budget constraint for SME’s

Industry Updates

In August 2018, Hoffmaster Group, Inc., a leading U.S. manufacturer of premium disposable tableware, acquired Aardvark Straws, the sole U.S. producer of paper straws.

The major players profiled in the paper straws market include Hoffmaster Group Inc., Biopak pty ltd., U.S. Paper Straw, Okstraw, Vegware Ltd., TIPI Straws, Sharp Serviettes, Canada Brown EcProducts Ltd, AlecIndustrial Co., Ltd, and YIWU JinDong Paper Co., Ltd.,

Segmentation

The paper straws market has been analyzed through the following segments:

By Distribution Channel

Retailer
E-Retailer

By End-User

Restaurants
Hotels
Cafes
Lounge
Others

By Geography

North America
USA
Canada
Mexico

South America
Brazil
Argentina
Others

Europe
Germany
France
United Kingdom
Spain
Others

Middle East and Africa
Saudi Arabia
Israel
Others

Asia Pacific
China
Japan
South Korea
India
Others
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Aleco Industrial Co. Ltd,
  • Biopak pty ltd.
  • Hoffmaster Group Inc.
  • Okstraw
  • Sharp Serviettes
  • The Paper Straw Co.
  • MORE
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter's Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. PAPER STRAWS MARKET BY DISTRIBUTION CHANNEL
5.1. Retailers
5.2. E-Retailers

6. PAPER STRAWS MARKET BY END-USER
6.1. Restaurants
6.2. Hotels
6.3. Cafes
6.4. Lounge
6.5. Others

7. PAPER STRAWS MARKET BY GEOGRAPHY
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Spain
7.3.5. Others
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.4.2. Israel
7.4.3. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. South Korea
7.5.4. India
7.5.5. Others

8. COMPETITIVE INTELLIGENCE
8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments and Deals
8.3. Strategies of Key Players

9. COMPANY PROFILES
9.1. Hoffmaster Group Inc.
9.2. Biopak pty ltd.
9.3. U.S. Paper Straw
9.4. Okstraw
9.5. Vegware Ltd.
9.6. TIPI Straws
9.7. Sharp Serviettes
9.8. Canada Brown Eco Products Ltd
9.9. Aleco Industrial Co. Ltd,
9.10. The Paper Straw Co.
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
  • Hoffmaster Group Inc.
  • Biopak pty ltd.
  • U.S. Paper Straw
  • Okstraw
  • Vegware Ltd.
  • TIPI Straws
  • Sharp Serviettes
  • Canada Brown Eco Products Ltd
  • Aleco Industrial Co. Ltd,
  • The Paper Straw Co.
Note: Product cover images may vary from those shown
5 of 4

The research study is based on the publisher's proprietary research model. The process involves sourcing of information from various industry experts, key professionals, decision-makers and various other stakeholders along with the validation of the responses received from the vast in-house database and premium paid databases. Publicly available sources were also taken into consideration for the final market estimates and forecast for the segments and sub-segments.

The first phase of the research process is the identification of key industry leaders, experts, decision-makers and C-level executives and then conducting interviews and surveys to gain vital insights about the market. Simultaneously, extensive secondary research is done, and key secondary data is collected as part of this process. This secondary data is collected from various databases, industry journals, whitepapers, company annual reports, research publications, and other paid data sources and relevant literature. Company profiles which include strategies, new product developments, recent investments, major products and services, financials and business plans are sourced from the annual reports, SEC filings, industry associations to preserve the quality of the information being displayed. The findings from both the primary and the secondary research process combined go under further processing for market breakdown and forecasting.

The last phase is providing intelligence in the form of presentation, charts, graphics and other different formats helping the clients in a faster and efficient understanding of the market. Under this phase complete market engineering is involved which includes analyzing the collected data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting. The publisher has developed their market forecasting methodology that, in addition to the main market values, also takes into account other macroeconomic factors (global or local) that might have some bearing on the market under study. Taking all the necessary data, a robust forecast is developed using an algorithm that involves both static (multivariate) as well as dynamic (time-series) regression analysis. Special care is taken to make sure their algorithm passes the necessary statistical tests, and the mean prediction for future years obtained is reliable with a very high confidence level. Following data validation, the analysts begin to write the report presenting insights with the help of charts, graphs, and tables.

 

Loading
LOADING...

Adroll
adroll