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Paper Straw Market By Material, By Product, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 240 Pages
  • September 2022
  • Region: Global
  • Allied Market Research
  • ID: 5712955
The global paper straw market was valued at $865.3 million in 2021, and is projected to reach $3,042.8 million by 2031, registering a CAGR of 13.3% from 2022 to 2031. Paper straws is a long thin hollow paper or plastic tube, used for sucking up liquids into the mouth.

The global paper straw market is in the introductory phase of industry life cycle and is expected to explore new growth opportunities during the coming years. Some of the basic factors driving the growth of the market include, governmental initiatives to eliminate single use plastic straws and strict regulatory outlook against the use of conventional plastic products.

Industry trends are shifting toward bio-based products to reduce dependence on conventional plastics straws. Biodegradable plastics degrade easily unlike fossil fuel-based plastic products, which may take more than 500 years to degrade completely. Moreover, most of the manufacturers in the food & beverage industry are shifting toward paper-based utensils due to stringent regulations from the government. Such factors are majorly impacting the growth of the global paper straw market.

On the other hand, growth of the market is restrained by different government regulations for initiating the machines used for making paper straws, which in turn is limiting the growth of the market. However, technological innovations in machines used for making paper straws are leading to production of larger number of straws in lesser duration of time, which is expected to provide lucrative growth opportunities for the market.

The paper straw market is segmented on the basis of material, product, end user, and region. By material, the paper straw market is fragmented into virgin paper and recycled paper. By product, the market is categorized into printed and non-printed. By end user, the market is divided into food service and household. By region, the paper straw market has been analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

The major players profiled in the paper straw market report include, Aleco Industrial Co. Ltd., Biopak , Bygreen, Canada Brown Eco Products Ltd , Charta Global , Focus Technology Co., Ltd. , Footprint , Fuling Global Inc. , Hoffmaster Group, Inc. , Huhtamaki Oyj , Lollicup USA, Inc. , Ningbo Jiangbei Shenyu Industry and Trade Co., Ltd. , Shenzhen Grizzlies Industries Co., LTD , Soton Daily Necessities Co., Ltd. , Tipi Straws, Transcend Packaging Ltd., and YuTong Eco-Technology (SuQian) Co., Ltd.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the paper straw market analysis from 2021 to 2031 to identify the prevailing paper straw market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the paper straw market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global paper straw market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Product

  • Printed
  • Non-printed

By Material

  • Virgin paper
  • Recycled paper

By Application

  • Foodservice
  • Household

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Rest Of Europe
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Rest Of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • ALECO INDUSTRIAL CO., LTD.
  • BioPak
  • Bygreen
  • Canada Brown Eco Products Ltd
  • charta global, inc.
  • Focus Technology Co., Ltd.
  • Footprint
  • Fuling Global Inc.
  • Hoffmaster Group, Inc.
  • Huhtamaki Oyj
  • Lollicup USA, Inc.
  • Ningbo Jiangbei Shenyu Industry and Trade Co., Ltd.
  • Shenzhen Grizzlies Industries Co., LTD
  • Soton Daily Necessities Co., Ltd.
  • Tipi Straws
  • Transcend Packaging Ltd.
  • YuTong Eco-Technology (SuQian) Co., Ltd
Frequently Asked Questions about the Global Paper Straw Market

What is the estimated value of the Global Paper Straw Market?

The Global Paper Straw Market was estimated to be valued at $865.3 million in 2021.

What is the growth rate of the Global Paper Straw Market?

The growth rate of the Global Paper Straw Market is 13.4%, with an estimated value of $3042.8 million by 2031.

What is the forecasted size of the Global Paper Straw Market?

The Global Paper Straw Market is estimated to be worth $3042.8 million by 2031.

Who are the key companies in the Global Paper Straw Market?

Key companies in the Global Paper Straw Market include ALECO INDUSTRIAL CO., LTD., BioPak, Bygreen, Canada Brown Eco Products Ltd, charta global, inc., Focus Technology Co., Ltd., Footprint, Fuling Global Inc. and Huhtamaki Oyj.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: PAPER STRAW MARKET, BY MATERIAL
4.1 Overview
4.1.1 Market size and forecast
4.2 Virgin paper
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Recycled paper
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country

CHAPTER 5: PAPER STRAW MARKET, BY PRODUCT
5.1 Overview
5.1.1 Market size and forecast
5.2 Printed
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Non-printed
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country

CHAPTER 6: PAPER STRAW MARKET, BY APPLICATION
6.1 Overview
6.1.1 Market size and forecast
6.2 Foodservice
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Household
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country

CHAPTER 7: PAPER STRAW MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Material
7.2.3 North America Market size and forecast, by Product
7.2.4 North America Market size and forecast, by Application
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Material
7.2.5.1.2 Market size and forecast, by Product
7.2.5.1.3 Market size and forecast, by Application
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Material
7.2.5.2.2 Market size and forecast, by Product
7.2.5.2.3 Market size and forecast, by Application
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Material
7.2.5.3.2 Market size and forecast, by Product
7.2.5.3.3 Market size and forecast, by Application
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Material
7.3.3 Europe Market size and forecast, by Product
7.3.4 Europe Market size and forecast, by Application
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Market size and forecast, by Material
7.3.5.1.2 Market size and forecast, by Product
7.3.5.1.3 Market size and forecast, by Application
7.3.5.2 UK
7.3.5.2.1 Market size and forecast, by Material
7.3.5.2.2 Market size and forecast, by Product
7.3.5.2.3 Market size and forecast, by Application
7.3.5.3 France
7.3.5.3.1 Market size and forecast, by Material
7.3.5.3.2 Market size and forecast, by Product
7.3.5.3.3 Market size and forecast, by Application
7.3.5.4 Italy
7.3.5.4.1 Market size and forecast, by Material
7.3.5.4.2 Market size and forecast, by Product
7.3.5.4.3 Market size and forecast, by Application
7.3.5.5 Rest of Europe
7.3.5.5.1 Market size and forecast, by Material
7.3.5.5.2 Market size and forecast, by Product
7.3.5.5.3 Market size and forecast, by Application
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Material
7.4.3 Asia-Pacific Market size and forecast, by Product
7.4.4 Asia-Pacific Market size and forecast, by Application
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Material
7.4.5.1.2 Market size and forecast, by Product
7.4.5.1.3 Market size and forecast, by Application
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Material
7.4.5.2.2 Market size and forecast, by Product
7.4.5.2.3 Market size and forecast, by Application
7.4.5.3 South Korea
7.4.5.3.1 Market size and forecast, by Material
7.4.5.3.2 Market size and forecast, by Product
7.4.5.3.3 Market size and forecast, by Application
7.4.5.4 India
7.4.5.4.1 Market size and forecast, by Material
7.4.5.4.2 Market size and forecast, by Product
7.4.5.4.3 Market size and forecast, by Application
7.4.5.5 Rest of Asia-Pacific
7.4.5.5.1 Market size and forecast, by Material
7.4.5.5.2 Market size and forecast, by Product
7.4.5.5.3 Market size and forecast, by Application
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Material
7.5.3 LAMEA Market size and forecast, by Product
7.5.4 LAMEA Market size and forecast, by Application
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Market size and forecast, by Material
7.5.5.1.2 Market size and forecast, by Product
7.5.5.1.3 Market size and forecast, by Application
7.5.5.2 Middle East
7.5.5.2.1 Market size and forecast, by Material
7.5.5.2.2 Market size and forecast, by Product
7.5.5.2.3 Market size and forecast, by Application
7.5.5.3 Africa
7.5.5.3.1 Market size and forecast, by Material
7.5.5.3.2 Market size and forecast, by Product
7.5.5.3.3 Market size and forecast, by Application

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES
9.1 ALECO INDUSTRIAL CO., LTD.
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 BioPak
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Bygreen
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Canada Brown Eco Products Ltd
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 charta global, inc.
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Focus Technology Co., Ltd.
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Footprint
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Fuling Global Inc.
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Hoffmaster Group, Inc.
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Huhtamaki Oyj
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
9.11 Lollicup USA, Inc.
9.11.1 Company overview
9.11.2 Company snapshot
9.11.3 Operating business segments
9.11.4 Product portfolio
9.11.5 Business performance
9.11.6 Key strategic moves and developments
9.12 Ningbo Jiangbei Shenyu Industry and Trade Co., Ltd.
9.12.1 Company overview
9.12.2 Company snapshot
9.12.3 Operating business segments
9.12.4 Product portfolio
9.12.5 Business performance
9.12.6 Key strategic moves and developments
9.13 Shenzhen Grizzlies Industries Co., LTD
9.13.1 Company overview
9.13.2 Company snapshot
9.13.3 Operating business segments
9.13.4 Product portfolio
9.13.5 Business performance
9.13.6 Key strategic moves and developments
9.14 Soton Daily Necessities Co., Ltd.
9.14.1 Company overview
9.14.2 Company snapshot
9.14.3 Operating business segments
9.14.4 Product portfolio
9.14.5 Business performance
9.14.6 Key strategic moves and developments
9.15 Tipi Straws
9.15.1 Company overview
9.15.2 Company snapshot
9.15.3 Operating business segments
9.15.4 Product portfolio
9.15.5 Business performance
9.15.6 Key strategic moves and developments
9.16 Transcend Packaging Ltd.
9.16.1 Company overview
9.16.2 Company snapshot
9.16.3 Operating business segments
9.16.4 Product portfolio
9.16.5 Business performance
9.16.6 Key strategic moves and developments
9.17 YuTong Eco-Technology (SuQian) Co., Ltd
9.17.1 Company overview
9.17.2 Company snapshot
9.17.3 Operating business segments
9.17.4 Product portfolio
9.17.5 Business performance
9.17.6 Key strategic moves and developments

List of Tables
Table 1. Global Paper Straw Market, by Material, 2021-2031 ($Million)
Table 2. Paper Straw Market, for Virgin Paper, by Region, 2021-2031 ($Million)
Table 3. Paper Straw Market for Virgin Paper, by Country, 2021-2031 ($Million)
Table 4. Paper Straw Market, for Recycled Paper, by Region, 2021-2031 ($Million)
Table 5. Paper Straw Market for Recycled Paper, by Country, 2021-2031 ($Million)
Table 6. Global Paper Straw Market, by Product, 2021-2031 ($Million)
Table 7. Paper Straw Market, for Printed, by Region, 2021-2031 ($Million)
Table 8. Paper Straw Market for Printed, by Country, 2021-2031 ($Million)
Table 9. Paper Straw Market, for Non-Printed, by Region, 2021-2031 ($Million)
Table 10. Paper Straw Market for Non-Printed, by Country, 2021-2031 ($Million)
Table 11. Global Paper Straw Market, by Application, 2021-2031 ($Million)
Table 12. Paper Straw Market, for Foodservice, by Region, 2021-2031 ($Million)
Table 13. Paper Straw Market for Foodservice, by Country, 2021-2031 ($Million)
Table 14. Paper Straw Market, for Household, by Region, 2021-2031 ($Million)
Table 15. Paper Straw Market for Household, by Country, 2021-2031 ($Million)
Table 16. Paper Straw Market, by Region, 2021-2031 ($Million)
Table 17. North America Paper Straw Market, by Material, 2021-2031 ($Million)
Table 18. North America Paper Straw Market, by Product, 2021-2031 ($Million)
Table 19. North America Paper Straw Market, by Application, 2021-2031 ($Million)
Table 20. North America Paper Straw Market, by Country, 2021-2031 ($Million)
Table 21. U.S. Paper Straw Market, by Material, 2021-2031 ($Million)
Table 22. U.S. Paper Straw Market, by Product, 2021-2031 ($Million)
Table 23. U.S. Paper Straw Market, by Application, 2021-2031 ($Million)
Table 24. Canada Paper Straw Market, by Material, 2021-2031 ($Million)
Table 25. Canada Paper Straw Market, by Product, 2021-2031 ($Million)
Table 26. Canada Paper Straw Market, by Application, 2021-2031 ($Million)
Table 27. Mexico Paper Straw Market, by Material, 2021-2031 ($Million)
Table 28. Mexico Paper Straw Market, by Product, 2021-2031 ($Million)
Table 29. Mexico Paper Straw Market, by Application, 2021-2031 ($Million)
Table 30. Europe Paper Straw Market, by Material, 2021-2031 ($Million)
Table 31. Europe Paper Straw Market, by Product, 2021-2031 ($Million)
Table 32. Europe Paper Straw Market, by Application, 2021-2031 ($Million)
Table 33. Europe Paper Straw Market, by Country, 2021-2031 ($Million)
Table 34. Germany Paper Straw Market, by Material, 2021-2031 ($Million)
Table 35. Germany Paper Straw Market, by Product, 2021-2031 ($Million)
Table 36. Germany Paper Straw Market, by Application, 2021-2031 ($Million)
Table 37. UK Paper Straw Market, by Material, 2021-2031 ($Million)
Table 38. UK Paper Straw Market, by Product, 2021-2031 ($Million)
Table 39. UK Paper Straw Market, by Application, 2021-2031 ($Million)
Table 40. France Paper Straw Market, by Material, 2021-2031 ($Million)
Table 41. France Paper Straw Market, by Product, 2021-2031 ($Million)
Table 42. France Paper Straw Market, by Application, 2021-2031 ($Million)
Table 43. Italy Paper Straw Market, by Material, 2021-2031 ($Million)
Table 44. Italy Paper Straw Market, by Product, 2021-2031 ($Million)
Table 45. Italy Paper Straw Market, by Application, 2021-2031 ($Million)
Table 46. Rest of Europe Paper Straw Market, by Material, 2021-2031 ($Million)
Table 47. Rest of Europe Paper Straw Market, by Product, 2021-2031 ($Million)
Table 48. Rest of Europe Paper Straw Market, by Application, 2021-2031 ($Million)
Table 49. Asia-Pacific Paper Straw Market, by Material, 2021-2031 ($Million)
Table 50. Asia-Pacific Paper Straw Market, by Product, 2021-2031 ($Million)
Table 51. Asia-Pacific Paper Straw Market, by Application, 2021-2031 ($Million)
Table 52. Asia-Pacific Paper Straw Market, by Country, 2021-2031 ($Million)
Table 53. China Paper Straw Market, by Material, 2021-2031 ($Million)
Table 54. China Paper Straw Market, by Product, 2021-2031 ($Million)
Table 55. China Paper Straw Market, by Application, 2021-2031 ($Million)
Table 56. Japan Paper Straw Market, by Material, 2021-2031 ($Million)
Table 57. Japan Paper Straw Market, by Product, 2021-2031 ($Million)
Table 58. Japan Paper Straw Market, by Application, 2021-2031 ($Million)
Table 59. South Korea Paper Straw Market, by Material, 2021-2031 ($Million)
Table 60. South Korea Paper Straw Market, by Product, 2021-2031 ($Million)
Table 61. South Korea Paper Straw Market, by Application, 2021-2031 ($Million)
Table 62. India Paper Straw Market, by Material, 2021-2031 ($Million)
Table 63. India Paper Straw Market, by Product, 2021-2031 ($Million)
Table 64. India Paper Straw Market, by Application, 2021-2031 ($Million)
Table 65. Rest of Asia-Pacific Paper Straw Market, by Material, 2021-2031 ($Million)
Table 66. Rest of Asia-Pacific Paper Straw Market, by Product, 2021-2031 ($Million)
Table 67. Rest of Asia-Pacific Paper Straw Market, by Application, 2021-2031 ($Million)
Table 68. LAMEA Paper Straw Market, by Material, 2021-2031 ($Million)
Table 69. LAMEA Paper Straw Market, by Product, 2021-2031 ($Million)
Table 70. LAMEA Paper Straw Market, by Application, 2021-2031 ($Million)
Table 71. LAMEA Paper Straw Market, by Country, 2021-2031 ($Million)
Table 72. Latin America Paper Straw Market, by Material, 2021-2031 ($Million)
Table 73. Latin America Paper Straw Market, by Product, 2021-2031 ($Million)
Table 74. Latin America Paper Straw Market, by Application, 2021-2031 ($Million)
Table 75. Middle East Paper Straw Market, by Material, 2021-2031 ($Million)
Table 76. Middle East Paper Straw Market, by Product, 2021-2031 ($Million)
Table 77. Middle East Paper Straw Market, by Application, 2021-2031 ($Million)
Table 78. Africa Paper Straw Market, by Material, 2021-2031 ($Million)
Table 79. Africa Paper Straw Market, by Product, 2021-2031 ($Million)
Table 80. Africa Paper Straw Market, by Application, 2021-2031 ($Million)
Table 81. Aleco Industrial Co. Ltd.: Company Snapshot
Table 82. Aleco Industrial Co. Ltd.: Operating Segments
Table 83. Aleco Industrial Co. Ltd.: Product Portfolio
Table 84. Aleco Industrial Co. Ltd.: Net Sales
Table 85. Aleco Industrial Co. Ltd.: Key Strategies
Table 86. Biopak: Company Snapshot
Table 87. Biopak: Operating Segments
Table 88. Biopak: Product Portfolio
Table 89. Biopak: Net Sales
Table 90. Biopak: Key Strategies
Table 91. Bygreen: Company Snapshot
Table 92. Bygreen: Operating Segments
Table 93. Bygreen: Product Portfolio
Table 94. Bygreen: Net Sales
Table 95. Bygreen: Key Strategies
Table 96. Canada Brown Eco Products Ltd.: Company Snapshot
Table 97. Canada Brown Eco Products Ltd.: Operating Segments
Table 98. Canada Brown Eco Products Ltd.: Product Portfolio
Table 99. Canada Brown Eco Products Ltd.: Net Sales
Table 100. Canada Brown Eco Products Ltd.: Key Strategies
Table 101. Charta Global, Inc.: Company Snapshot
Table 102. Charta Global, Inc.: Operating Segments
Table 103. Charta Global, Inc.: Product Portfolio
Table 104. Charta Global, Inc.: Net Sales
Table 105. Charta Global, Inc.: Key Strategies
Table 106. Focus Technology Co. Ltd.: Company Snapshot
Table 107. Focus Technology Co. Ltd.: Operating Segments
Table 108. Focus Technology Co. Ltd.: Product Portfolio
Table 109. Focus Technology Co. Ltd.: Net Sales
Table 110. Focus Technology Co. Ltd.: Key Strategies
Table 111. Footprint: Company Snapshot
Table 112. Footprint: Operating Segments
Table 113. Footprint: Product Portfolio
Table 114. Footprint: Net Sales
Table 115. Footprint: Key Strategies
Table 116. Fuling Global Inc.: Company Snapshot
Table 117. Fuling Global Inc.: Operating Segments
Table 118. Fuling Global Inc.: Product Portfolio
Table 119. Fuling Global Inc.: Net Sales
Table 120. Fuling Global Inc.: Key Strategies
Table 121. Hoffmaster Group, Inc.: Company Snapshot
Table 122. Hoffmaster Group, Inc.: Operating Segments
Table 123. Hoffmaster Group, Inc.: Product Portfolio
Table 124. Hoffmaster Group, Inc.: Net Sales
Table 125. Hoffmaster Group, Inc.: Key Strategies
Table 126. Huhtamaki Oyj: Company Snapshot
Table 127. Huhtamaki Oyj: Operating Segments
Table 128. Huhtamaki Oyj: Product Portfolio
Table 129. Huhtamaki Oyj: Net Sales
Table 130. Huhtamaki Oyj: Key Strategies
Table 131. Lollicup Usa, Inc.: Company Snapshot
Table 132. Lollicup Usa, Inc.: Operating Segments
Table 133. Lollicup Usa, Inc.: Product Portfolio
Table 134. Lollicup Usa, Inc.: Net Sales
Table 135. Lollicup Usa, Inc.: Key Strategies
Table 136. Ningbo Jiangbei Shenyu Industry and Trade Co. Ltd.: Company Snapshot
Table 137. Ningbo Jiangbei Shenyu Industry and Trade Co. Ltd.: Operating Segments
Table 138. Ningbo Jiangbei Shenyu Industry and Trade Co. Ltd.: Product Portfolio
Table 139. Ningbo Jiangbei Shenyu Industry and Trade Co. Ltd.: Net Sales
Table 140. Ningbo Jiangbei Shenyu Industry and Trade Co. Ltd.: Key Strategies
Table 141. Shenzhen Grizzlies Industries Co. Ltd.: Company Snapshot
Table 142. Shenzhen Grizzlies Industries Co. Ltd.: Operating Segments
Table 143. Shenzhen Grizzlies Industries Co. Ltd.: Product Portfolio
Table 144. Shenzhen Grizzlies Industries Co. Ltd.: Net Sales
Table 145. Shenzhen Grizzlies Industries Co. Ltd.: Key Strategies
Table 146. Soton Daily Necessities Co. Ltd.: Company Snapshot
Table 147. Soton Daily Necessities Co. Ltd.: Operating Segments
Table 148. Soton Daily Necessities Co. Ltd.: Product Portfolio
Table 149. Soton Daily Necessities Co. Ltd.: Net Sales
Table 150. Soton Daily Necessities Co. Ltd.: Key Strategies
Table 151. Tipi Straws: Company Snapshot
Table 152. Tipi Straws: Operating Segments
Table 153. Tipi Straws: Product Portfolio
Table 154. Tipi Straws: Net Sales
Table 155. Tipi Straws: Key Strategies
Table 156. Transcend Packaging Ltd.: Company Snapshot
Table 157. Transcend Packaging Ltd.: Operating Segments
Table 158. Transcend Packaging Ltd.: Product Portfolio
Table 159. Transcend Packaging Ltd.: Net Sales
Table 160. Transcend Packaging Ltd.: Key Strategies
Table 161. Yutong Eco-Technology (Suqian) Co. Ltd.: Company Snapshot
Table 162. Yutong Eco-Technology (Suqian) Co. Ltd.: Operating Segments
Table 163. Yutong Eco-Technology (Suqian) Co. Ltd.: Product Portfolio
Table 164. Yutong Eco-Technology (Suqian) Co. Ltd.: Net Sales
Table 165. Yutong Eco-Technology (Suqian) Co. Ltd.: Key Strategies

List of Figures
Figure 1. Paper Straw Market Segmentation
Figure 2. Paper Straw Market, 2021-2031
Figure 3. Paper Straw Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Paper Straw Mark.:Drivers, Restraints and Opportunities
Figure 12. Paper Straw Market, By Material, 2021(%)
Figure 13. Comparative Share Analysis of Virgin Paper Paper Straw Market, 2021-2031(%)
Figure 14. Comparative Share Analysis of Recycled Paper Paper Straw Market, 2021-2031(%)
Figure 15. Paper Straw Market, By Product, 2021(%)
Figure 16. Comparative Share Analysis of Printed Paper Straw Market, 2021-2031(%)
Figure 17. Comparative Share Analysis of Non-Printed Paper Straw Market, 2021-2031(%)
Figure 18. Paper Straw Market, By Application, 2021(%)
Figure 19. Comparative Share Analysis of Foodservice Paper Straw Market, 2021-2031(%)
Figure 20. Comparative Share Analysis of Household Paper Straw Market, 2021-2031(%)
Figure 21. Paper Straw Market by Region, 2021
Figure 22. U.S. Paper Straw Market, 2021-2031($Million)
Figure 23. Canada Paper Straw Market, 2021-2031($Million)
Figure 24. Mexico Paper Straw Market, 2021-2031($Million)
Figure 25. Germany Paper Straw Market, 2021-2031($Million)
Figure 26. Uk Paper Straw Market, 2021-2031($Million)
Figure 27. France Paper Straw Market, 2021-2031($Million)
Figure 28. Italy Paper Straw Market, 2021-2031($Million)
Figure 29. Rest of Europe Paper Straw Market, 2021-2031($Million)
Figure 30. China Paper Straw Market, 2021-2031($Million)
Figure 31. Japan Paper Straw Market, 2021-2031($Million)
Figure 32. South Korea Paper Straw Market, 2021-2031($Million)
Figure 33. India Paper Straw Market, 2021-2031($Million)
Figure 34. Rest of Asia-Pacific Paper Straw Market, 2021-2031($Million)
Figure 35. Latin America Paper Straw Market, 2021-2031($Million)
Figure 36. Middle East Paper Straw Market, 2021-2031($Million)
Figure 37. Africa Paper Straw Market, 2021-2031($Million)
Figure 38. Top Winning Strategies, by Year
Figure 39. Top Winning Strategies, by Development
Figure 40. Top Winning Strategies, by Company
Figure 41. Product Mapping of Top 10 Players
Figure 42. Competitive Dashboard
Figure 43. Competitive Heatmap of Top 10 Key Players
Figure 44. Aleco Industrial Co. Ltd.: Net Sales, ($Million)
Figure 45. Biopa.: Net Sales, ($Million)
Figure 46. Bygree.: Net Sales, ($Million)
Figure 47. Canada Brown Eco Products Lt.: Net Sales, ($Million)
Figure 48. Charta Global, Inc.: Net Sales, ($Million)
Figure 49. Focus Technology Co. Ltd.: Net Sales, ($Million)
Figure 50. Footprin.: Net Sales, ($Million)
Figure 51. Fuling Global Inc.: Net Sales, ($Million)
Figure 52. Hoffmaster Group, Inc.: Net Sales, ($Million)
Figure 53. Huhtamaki Oy.: Net Sales, ($Million)
Figure 54. Lollicup Usa, Inc.: Net Sales, ($Million)
Figure 55. Ningbo Jiangbei Shenyu Industry and Trade Co. Ltd.: Net Sales, ($Million)
Figure 56. Shenzhen Grizzlies Industries Co. Lt.: Net Sales, ($Million)
Figure 57. Soton Daily Necessities Co. Ltd.: Net Sales, ($Million)
Figure 58. Tipi Straw.: Net Sales, ($Million)
Figure 59. Transcend Packaging Ltd.: Net Sales, ($Million)
Figure 60. Yutong Eco-Technology (Suqian) Co. Lt.: Net Sales, ($Million)

Executive Summary

According to the report, “Paper Straw Market," the paper straw market size was valued at $865.30 million in 2021, and is estimated to reach $3 billion by 2031, growing at a CAGR of 13.3% from 2022 to 2031. A paper straw is a utensil made of paper that is intended to carry the contents of a beverage to one's mouth.

Bio-based and paper straws are a perfect substitute to conventional straws made of plastic. Currently the cost of paper straws is about 2 times high as compared to plastic straw or straw made from artificial organic polymers, obtained from natural gas or oil (petroleum based plastics). The paper straw market is still developing; and growth opportunities are widening with growing awareness for bio-based products. In addition, the food & beverage industry holds major share in global paper straw market growth. Packaging companies are increasingly using biodegradable products, such as paper to manufacture a large number of straws for water & juice bottles.

However, COVID-19 is a disease caused by a newly discovered virus named Coronavirus. Many people are suffering from coronavirus disease globally. During lockdown, due to the COVID-19 pandemic, various major players in the global paper straw market had to stop their business production due to lockdown implemented in countries, such as the U.S., China, Brazil, and others. This stop in business activities has directly impacted the sales of the paper straw industry manufacturers. For instance, Alstom SA registered a decline of 17.7% in revenue in September 2020. On the contrary, introduction of vaccines for coronavirus disease and the re-initiation of production facilities are anticipated to provide lucrative opportunities for the paper straws players.

The paper straw market is segmented on the basis of material, product, end user, and region. By material, the market is fragmented into virgin paper and recycled paper. By product, the global market is categorized into printed and non-printed. By end user, the market is divided into food service and household. By region, the market has been analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

The major players profiled in the paper straw market analysis include Aleco Industrial Co. Ltd., Biopak , Bygreen, Canada Brown Eco Products Ltd , Charta Global , Focus Technology Co., Ltd. , Footprint , Fuling Global Inc. , Hoffmaster Group, Inc. , Huhtamaki Oyj , Lollicup USA, Inc., Ningbo Jiangbei Shenyu Industry and Trade Co., Ltd. , Shenzhen Grizzlies Industries Co., LTD, Soton Daily Necessities Co., Ltd. , Tipi Straws, Transcend Packaging Ltd., and YuTong Eco-Technology (SuQian) Co., Ltd.

Key Findings of the Study

  • The report provides an extensive analysis of the current and emerging global paper straw market trends and dynamics.
  • By material, the recycled paper segment was the largest revenue generator in 2021.
  • By product, the printed segment generated the highest revenue in 2021.
  • By end user, the foodservice segment generated the highest revenue in 2021.
  • Region-wise, Europe is anticipated to dominate the global paper straw market share during the study period.
  • The report provides an extensive analysis of the global paper straw market opportunities.
  • The global paper straw market forecast analysis from 2022 to 2031 is included in the report.

Companies Mentioned

  • ALECO INDUSTRIAL CO., LTD.
  • BioPak
  • Bygreen
  • Canada Brown Eco Products Ltd
  • charta global, inc.
  • Focus Technology Co., Ltd.
  • Footprint
  • Fuling Global Inc.
  • Hoffmaster Group, Inc.
  • Huhtamaki Oyj
  • Lollicup USA, Inc.
  • Ningbo Jiangbei Shenyu Industry and Trade Co., Ltd.
  • Shenzhen Grizzlies Industries Co., LTD
  • Soton Daily Necessities Co., Ltd.
  • Tipi Straws
  • Transcend Packaging Ltd.
  • YuTong Eco-Technology (SuQian) Co., Ltd

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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