The paper straw market size has grown rapidly in recent years. It will grow from $1.61 billion in 2023 to $1.84 billion in 2024 at a compound annual growth rate (CAGR) of 14.4%. The growth observed in the historical period can be attributed to environmental concerns, regulatory measures, consumer preferences, corporate initiatives, and the influence of media.
The paper straw market size is expected to see rapid growth in the next few years. It will grow to $3.01 billion in 2028 at a compound annual growth rate (CAGR) of 13.1%. The anticipated growth in the forecast period can be attributed to the global anti-plastic movement, the expansion of end-use industries, increasing consumer awareness, economic factors, and corporate sustainability goals. Major trends expected in the forecast period encompass the growing environmental awareness, government regulations, shifts in consumer preferences, innovation and product development, and corporate sustainability initiatives.
The paper straw market is poised for growth, driven by governmental initiatives aimed at reducing plastic usage. These initiatives involve actions and programs at the national and international levels to curb plastic consumption and address associated environmental concerns. Government efforts to minimize plastic straw usage have led to an increased demand for paper straws, contributing to a positive environmental impact. For example, the European Commission implemented the 'Single-Use Plastics Directive' in September 2022, setting targets for the collection and recycling of plastic bottles. Such initiatives are significant drivers for the paper straw market.
Anticipated growth in the paper straw market is further fueled by the increasing consumption of beverages. With 'beverages' encompassing a wide range of liquid substances designed for human consumption, the shift from plastic to paper straws aids in reducing plastic pollution and promotes sustainability in the beverage sector. In Australia, the functional beverage market was valued at $451 million in October 2022, showcasing substantial growth and emphasizing the role of paper straws in meeting sustainability goals.
Technological advancements emerge as a key trend in the paper straw market, with companies adopting innovative technologies to maintain their market position. An example is HB Fuller Company India's launch of Swift tak in September 2021, a paper straw adhesive developed using water-based technology. This adhesive offers improved food-safe solutions, maintaining straw integrity with over three hours of liquid resistance.
Strategic partnerships are another notable trend in the paper straw market, with major companies collaborating to produce resilient, printable, and recyclable paper straws. Walki Group Oy's partnership with Dolea, announced in May 2022, aims to produce recyclable and printed paper straws in Finland and the UK. Dolea's proprietary machine technology and Walki's resources create a strategic collaboration, ensuring efficient production and meeting the increasing demand for sustainable straws.
In May 2022, Inno-Pak LLC's acquisition of Stalk Market Inc is a strategic move to enhance product portfolios. This acquisition allows Inno-Pak to incorporate Stalk Market's eco-friendly products, including paper straws, expanding sustainable offerings across the Americas. Stalk Market Inc., a US-based producer of compostable and recycled products, aligns with Inno-Pak's commitment to environmental responsibility.
Major companies operating in the paper straw market report are Charta Global Inc., Canada Brown Eco Products Ltd., Huhtamaki Oyj, Hoffmaster Group Inc., Transcend Packaging Ltd., BioPak UK Ltd., Bygreen Paperpack, Fuling Global Inc., Yutong Eco-Technology (Suqian) Co. Ltd., Tipi Straws, Ningbo Jiangbei Shenyu Industry and Trade Co. Ltd., Tetra Pak Ltd., Hello Straw Ltd., UFlex Limited, Soton Daily Necessities Co. Ltd., Nippon Paper Industries Co. Ltd., Footprint LLC, Bygreen, Duni Group, Fueling Technology, Lollicup USA Inc., IPI SRL, Aardvark Straws, The Paper Straw company, The Blue Straw, Eco Guardian Inc.
Europe was the largest region in the paper straw market in 2023. The regions covered in the paper straw market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the paper straw market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary types of paper straw products include printed and non-printed variants. Printed paper straws are customized or adorned with text, images, or patterns using a printing process. They are manufactured from materials such as virgin paper and recycled paper, coming in various lengths, including < 5.75 inches, 5.75-7.75 inches, 7.75-8.5 inches, 8.5-10.5 inches, and >10.5 inches. These straws are available through various sales channels such as manufacturers, distributors, retailers, and e-retail, and are used by foodservice establishments, institutions, and households.
The paper straw market research report is one of a series of new reports that provides paper straw market statistics, including paper straw industry global market size, regional shares, competitors with a paper straw market share, detailed paper straw market segments, market trends and opportunities, and any further data you may need to thrive in the paper straw industry. This paper straw market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The paper straw market size is expected to see rapid growth in the next few years. It will grow to $3.01 billion in 2028 at a compound annual growth rate (CAGR) of 13.1%. The anticipated growth in the forecast period can be attributed to the global anti-plastic movement, the expansion of end-use industries, increasing consumer awareness, economic factors, and corporate sustainability goals. Major trends expected in the forecast period encompass the growing environmental awareness, government regulations, shifts in consumer preferences, innovation and product development, and corporate sustainability initiatives.
The paper straw market is poised for growth, driven by governmental initiatives aimed at reducing plastic usage. These initiatives involve actions and programs at the national and international levels to curb plastic consumption and address associated environmental concerns. Government efforts to minimize plastic straw usage have led to an increased demand for paper straws, contributing to a positive environmental impact. For example, the European Commission implemented the 'Single-Use Plastics Directive' in September 2022, setting targets for the collection and recycling of plastic bottles. Such initiatives are significant drivers for the paper straw market.
Anticipated growth in the paper straw market is further fueled by the increasing consumption of beverages. With 'beverages' encompassing a wide range of liquid substances designed for human consumption, the shift from plastic to paper straws aids in reducing plastic pollution and promotes sustainability in the beverage sector. In Australia, the functional beverage market was valued at $451 million in October 2022, showcasing substantial growth and emphasizing the role of paper straws in meeting sustainability goals.
Technological advancements emerge as a key trend in the paper straw market, with companies adopting innovative technologies to maintain their market position. An example is HB Fuller Company India's launch of Swift tak in September 2021, a paper straw adhesive developed using water-based technology. This adhesive offers improved food-safe solutions, maintaining straw integrity with over three hours of liquid resistance.
Strategic partnerships are another notable trend in the paper straw market, with major companies collaborating to produce resilient, printable, and recyclable paper straws. Walki Group Oy's partnership with Dolea, announced in May 2022, aims to produce recyclable and printed paper straws in Finland and the UK. Dolea's proprietary machine technology and Walki's resources create a strategic collaboration, ensuring efficient production and meeting the increasing demand for sustainable straws.
In May 2022, Inno-Pak LLC's acquisition of Stalk Market Inc is a strategic move to enhance product portfolios. This acquisition allows Inno-Pak to incorporate Stalk Market's eco-friendly products, including paper straws, expanding sustainable offerings across the Americas. Stalk Market Inc., a US-based producer of compostable and recycled products, aligns with Inno-Pak's commitment to environmental responsibility.
Major companies operating in the paper straw market report are Charta Global Inc., Canada Brown Eco Products Ltd., Huhtamaki Oyj, Hoffmaster Group Inc., Transcend Packaging Ltd., BioPak UK Ltd., Bygreen Paperpack, Fuling Global Inc., Yutong Eco-Technology (Suqian) Co. Ltd., Tipi Straws, Ningbo Jiangbei Shenyu Industry and Trade Co. Ltd., Tetra Pak Ltd., Hello Straw Ltd., UFlex Limited, Soton Daily Necessities Co. Ltd., Nippon Paper Industries Co. Ltd., Footprint LLC, Bygreen, Duni Group, Fueling Technology, Lollicup USA Inc., IPI SRL, Aardvark Straws, The Paper Straw company, The Blue Straw, Eco Guardian Inc.
Europe was the largest region in the paper straw market in 2023. The regions covered in the paper straw market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the paper straw market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary types of paper straw products include printed and non-printed variants. Printed paper straws are customized or adorned with text, images, or patterns using a printing process. They are manufactured from materials such as virgin paper and recycled paper, coming in various lengths, including < 5.75 inches, 5.75-7.75 inches, 7.75-8.5 inches, 8.5-10.5 inches, and >10.5 inches. These straws are available through various sales channels such as manufacturers, distributors, retailers, and e-retail, and are used by foodservice establishments, institutions, and households.
The paper straw market research report is one of a series of new reports that provides paper straw market statistics, including paper straw industry global market size, regional shares, competitors with a paper straw market share, detailed paper straw market segments, market trends and opportunities, and any further data you may need to thrive in the paper straw industry. This paper straw market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Paper Straw Market Characteristics3. Paper Straw Market Trends and Strategies31. Global Paper Straw Market Competitive Benchmarking32. Global Paper Straw Market Competitive Dashboard33. Key Mergers and Acquisitions in the Paper Straw Market
4. Paper Straw Market - Macro Economic Scenario
5. Global Paper Straw Market Size and Growth
6. Paper Straw Market Segmentation
7. Paper Straw Market Regional and Country Analysis
8. Asia-Pacific Paper Straw Market
9. China Paper Straw Market
10. India Paper Straw Market
11. Japan Paper Straw Market
12. Australia Paper Straw Market
13. Indonesia Paper Straw Market
14. South Korea Paper Straw Market
15. Western Europe Paper Straw Market
16. UK Paper Straw Market
17. Germany Paper Straw Market
18. France Paper Straw Market
19. Italy Paper Straw Market
20. Spain Paper Straw Market
21. Eastern Europe Paper Straw Market
22. Russia Paper Straw Market
23. North America Paper Straw Market
24. USA Paper Straw Market
25. Canada Paper Straw Market
26. South America Paper Straw Market
27. Brazil Paper Straw Market
28. Middle East Paper Straw Market
29. Africa Paper Straw Market
30. Paper Straw Market Competitive Landscape and Company Profiles
34. Paper Straw Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Paper Straw Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on paper straw market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for paper straw? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This paper straw market global report answers all of these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
Markets Covered:1) By Product: Printed; Non-printed
2) By Material: Virgin paper; Recycled paper
3) By Length:< 5.75 inches; 5.75-7.75 inches; 7.75-8.5 inches; 8.5-10.5 inches; >10.5 inches
4) By Sales Channel: Manufacturers; Distributers; Retailers; E-Retail
5) By End-user: Foodservice; Institutional; Household
Companies Mentioned: Charta Global Inc.; Canada Brown Eco Products Ltd.; Huhtamaki Oyj; Hoffmaster Group Inc.; Transcend Packaging Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Charta Global Inc.
- Canada Brown Eco Products Ltd.
- Huhtamaki Oyj
- Hoffmaster Group Inc.
- Transcend Packaging Ltd.
- BioPak UK Ltd.
- Bygreen Paperpack
- Fuling Global Inc.
- Yutong Eco-Technology (Suqian) Co. Ltd.
- Tipi Straws
- Ningbo Jiangbei Shenyu Industry and Trade Co. Ltd.
- Tetra Pak Ltd.
- Hello Straw Ltd.
- UFlex Limited
- Soton Daily Necessities Co. Ltd.
- Nippon Paper Industries Co. Ltd.
- Footprint LLC
- Bygreen
- Duni Group
- Fueling Technology
- Lollicup USA Inc.
- IPI SRL
- Aardvark Straws
- The Paper Straw company
- The Blue Straw
- Eco Guardian Inc.
Methodology
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