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Paper Straw - Global Market Trajectory & Analytics

  • ID: 5303825
  • Report
  • April 2021
  • Region: Global
  • 365 pages
  • Global Industry Analysts, Inc
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Global Paper Straw Market to Reach $2.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Paper Straw estimated at US$706.2 Million in the year 2020, is projected to reach a revised size of US$2.3 Billion by 2027, growing at a CAGR of 18.4% over the period 2020-2027. Virgin Paper, one of the segments analyzed in the report, is projected to record 20% CAGR and reach US$1.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Recycled Paper segment is readjusted to a revised 14.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $190.3 Million, While China is Forecast to Grow at 23.2% CAGR

The Paper Straw market in the U.S. is estimated at US$190.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$540.5 Million by the year 2027 trailing a CAGR of 23.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.2% and 16.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 15.8% CAGR.

Select Competitors (Total 38 Featured):
  • Biopak
  • Bygreen
  • Canada Brown Eco Products Ltd.
  • Footprint
  • Fuling Global Inc.
  • Hello Straw
  • Hoffmaster Group, Inc.
  • Huhtamaki
  • Nippon Paper Group
  • OkStraw Paper Straws
  • Shenzhen Grizzlies Industries Co., Ltd.
  • Soton Daily Necessity Co., Ltd.
  • Tetra Pak
  • TIPI Straws Co
  • Vegware
  • Y.W.
Note: Product cover images may vary from those shown
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I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 38
Note: Product cover images may vary from those shown
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