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Global Paper Straw Market was valued US$ XX Mn in 2019 and it is projected to reach approximately US$ 3.2 Bn by 2028, and it is expected to witness a CAGR of 23.5% during the forecast period
The global consumption of paper straw is increasing at a tremendous rate and eco-friendly nature of paper straws is one of the major factors contributing to the growth of paper straws market. High awareness about usage of plastic, strict government regulations and norms are boosting the growth of the paper straws market.
Consumers also generally prefer the consumables that are disposable after single use. Paper straws are sustainable and durable alternative to the plastic straws. The cost of paper straw is higher as compared to plastic straws and that can be one of the factors hampering the growth of the market. The high cost associated with the paper straws is because of the use of superior quality of the additives, paper, and binder for manufacturing process. At the same time, manufacturers are focusing on ways to reduce the cost of the paper straws.
By Material type, Virgin paper segment is expected to account for majority of share of global paper straw market
The virgin paper segment is expected to dominate the global paper straw market in terms of value and volume. The virgin paper segment is projected to show the higher growth than other material type over the forecast period. The straw made by virgin paper has variety of features such as it is stronger in nature, higher absorbency rate and others. Owing to all these mentioned properties, paper straws are widely used for various applications. These types of straw also have less environmental impact that ultimately boosts the growth of paper straws market across the globe.
By Product type, Non printed segment is expected to account for majority of share of global paper straw market..
Non-printed segment is expected to dominate the global paper straw market in terms of value and volume over the forecast period. At the time of selection of straw, most of the time, consumers prefer using non printed straw as these do not contaminate food or the drinks. The changing preferences and tastes of the consumers are projected to boost the market demand significantly. This in turn is expected to boost the growth of global paper straw market during the forecast period.
By End use application, foodservice segment is expected to account for key of share of global paper straw market
The market for foodservice segment is estimated to show the lucrative growth rate and is expected to hold the majority of the market share over the forecast period. The factors that are contributing to the growth of the market are high adoption of eco-friendly alternatives for the single use disposable products. Food service industry is rapidly growing in most of the developing countries. The growing food servicing industry is one of the factors boosting the growth of paper straws market. These factors in turn will boost the market growth of the global paper straw market over the forecast period.
Europe region had accounted for significant market value share of XX% in global paper straw market in 2019
Europe region is projected to dominate the global paper straw market during the forecast period. European countries such as Germany and United Kingdom are expected to show the lucrative growth over the forecast period. Rapidly growing end-use industries in these regions is also one of the primary factors to drive the market growth. The market in Europe is driven by various factors such as strict regulation of government and the impact on the environment. All these factors are together boosting the market growth for the paper straw market in Europe.
The key players of global paper straw market are Hoffmaster Group, Inc. (US), Huhtamaki Oyj (Finland), Transcend Packaging Ltd. (UK), Footprint (US), Canada Brown Eco Products Ltd (China), Fuling Global Inc. (China), among others. The global paper straw market is highly fragmented market with the presence of large amount of local players.
By material type
- Virgin paper
- Recycled paper
By Product type
By Straw length
- <5.75 inches
- 5.75-7.75 inches
- 7.75-8.5 inches
- 8.5-10.5 inches
- >10.5 inches
By Straw diameter
- <0.15 inches
- 0.15 – 0.196 inches
- 0.196 – 0.25 inches
- 0.25 – 0.4 inches
- >0.4 inches
- North America
- Asia Pacific
- Middle East & Africa
- Latin America