Paper Straw Market - By Type (Flexible, Non-flexible), By Material Type (Virgin Paper, Recycled Paper), By Product (Printed, Non-printed), By End-use Industry (Foodservice, Household) & Forecast, 2023 - 2032
Description
Paper Straw Market - By Type (Flexible, Non-flexible), By Material Type (Virgin Paper, Recycled Paper), By Product (Printed, Non-printed), By End-use Industry (Foodservice, Household) & Forecast, 2023 - 2032
Global Paper Straw Market will witness 14.3% CAGR between 2023 and 2032 owing to pioneering product launches by industry leaders focused on sustainability. These companies introduce innovative paper straw solutions, addressing environmental concerns and replacing traditional plastic options.
For instance, in July 2022, SIG, a prominent provider of aseptic carton packaging systems and solutions, unveiled an extensive selection of recyclable paper straws encompassing diverse sizes, forms, and functionalities. Positioned as a response to the extensive ecological harm linked to plastic straws and aligned with India's plastic prohibition, SIG's paper straw range presents a top-tier, eco-friendly substitute prioritizing both practicality and environmental sustainability. With an emphasis on eco-consciousness, these sustainable straws cater to diverse industries like food and beverage, emphasizing biodegradability and reduced environmental impact. The surge in demand reflects consumer preference for eco-friendly alternatives, driving the market towards more sustainable and innovative paper straw options offered by these leading companies.
The overall Paper Straw Market share is classified based on type, end-use, and region.
Non-flexible segment will undergo significant development from 2023 to 2032. Non-flexible paper straws offer increased durability, making them ideal for certain beverages and longer consumption periods. Their rigid structure caters to applications where a firmer grip or stability is required. As consumer preferences evolve towards eco-friendly options, the demand for non-flexible paper straws continues to grow, meeting specific industry needs while contributing to the broader shift away from plastic alternatives.
Paper straw market size from the household segment will register a noteworthy CAGR from 2023 to 2032. As environmental consciousness grows, households worldwide embrace paper straws for daily use, minimizing plastic waste. Their convenience and eco-friendly nature align with domestic beverage consumption, making them a preferred choice for families aiming to reduce their environmental footprint. The growing adoption of paper straws in homes signifies a shift towards responsible consumer choices and a collective effort to create a greener, plastic-free environment at the grassroots level.
Asia Pacific paper straw industry will showcase a commendable CAGR from 2023 to 2032. With a focus on sustainability, countries in the region emphasize eco-friendly alternatives, propelling the adoption of paper straws. This surge aligns with changing consumer preferences and government initiatives to curb plastic use.
The Asia Pacific's embrace of paper straws reflects a regional commitment to eco-conscious practices, driving market growth and fostering a more sustainable future amid rising environmental concerns. For instance, in July 2022, Lamipak, a top-tier provider of aseptic packaging solutions, introduced its debut of U-shape paper straw solutions tailored to the Indian market. Among the pioneering options globally, these U-shape paper straws aim to assist beverage companies affected by the plastic straw ban swiftly.
Table of Contents
220 Pages
- Chapter 1 Methodology & Scope
- 1.1 Market scope & definition
- 1.2 Base estimates & calculations
- 1.3 Forecast calculation
- 1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
- Chapter 2 Executive Summary
- 2.1 Paper straw market 360 degree synopsis, 2018 - 2032
- 2.2 Business trends
- 2.2.1 Total addressable market (TAM), 2023-2032
- 2.3 Regional trends
- 2.4 Type trends
- 2.5 Material type trends
- 2.6 Product trends
- 2.7 End-use industry trends
- Chapter 3 Paper Straw Industry Insights
- 3.1 Impact on COVID-19
- 3.2 Russia-Ukraine war impact
- 3.3 Industry ecosystem analysis
- 3.4 Vendor matrix
- 3.5 Profit margin analysis
- 3.6 Technology & innovation landscape
- 3.7 Patent analysis
- 3.8 Key news and initiatives
- 3.9 Regulatory landscape
- 3.10 Impact forces
- 3.10.1 Growth drivers
- 3.10.1.1 Government Regulations and Ban on Plastic Straws
- 3.10.1.2 Rising awareness and consumer preference for sustainable alternatives
- 3.10.1.3 Rising adoption of paper straws in food & beverage industry
- 3.10.1.4 Innovation in Manufacturing Techniques
- 3.10.2 Industry pitfalls & challenges
- 3.10.2.1 Limited Durability
- 3.10.2.2 Cost Challenges
- 3.11 Growth potential analysis
- 3.12 Porter's analysis
- 3.13 PESTEL analysis
- Chapter 4 Competitive Landscape, 2022
- 4.1 Introduction
- 4.2 Company market share, 2022
- 4.3 Competitive analysis of major market players, 2022
- 4.3.1 Hoffmaster Group Inc.
- 4.3.2 Transcend Packaging Ltd.
- 4.3.3 Huhtamaki OYJ
- 4.3.4 Fuling Global Inc.
- 4.3.5 Canada Brown Eco Products Ltd.
- 4.3.6 Biopak
- 4.3.7 Tetra Pak International SA
- 4.4 Competitive positioning matrix, 2022
- 4.5 Strategic outlook matrix, 2022
- Chapter 5 Paper Straw Market Estimates and Forecast, By Type, 2018-2032 (USD Million)
- 5.1 Key trends, by type
- 5.2 Flexible
- 5.3 Non-flexible
- Chapter 6 Paper Straw Market Estimates and Forecast, By Material Type, 2018-2032 (USD Million)
- 6.1 Key trends, by material type
- 6.2 Virgin paper
- 6.3 Recycled paper
- Chapter 7 Paper Straw Market Estimates and Forecast, By Product, 2018-2032 (USD Million)
- 7.1 Key trends, by product
- 7.2 Printed
- 7.3 Non-printed
- Chapter 8 Paper Straw Market Estimates and Forecast, By End-use Industry, 2018-2032 (USD Million)
- 8.1 Key trends, by end-use industry
- 8.2 Foodservice
- 8.3 Household
- 8.4 Others
- Chapter 9 Paper Straw Market Estimates and Forecast, By Region, 2018-2032 (USD Million)
- 9.1 Key trends, by region
- 9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
- 9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 ANZ
- 9.4.6 Rest of Asia Pacific
- 9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Rest of Latin America
- 9.6 MEA
- 9.6.1 South Africa
- 9.6.2 Saudi Arabia
- 9.6.3 UAE
- 9.6.4 Rest of MEA
- Chapter 10 Company Profiles (Business Overview, Financial Overview, Product Landscape, Strategic Outlook, SWOT Analysis)
- 10.1 ALECO INDUSTRIAL CO., LTD.
- 10.2 AmerCare Royal
- 10.3 Biopak
- 10.4 Bygreen
- 10.5 Canada Brown Eco Products Ltd.
- 10.6 Charta Global
- 10.7 Footprint
- 10.8 Fuling Global Inc.
- 10.9 Hoffmaster Group Inc.
- 10.10 Huhtamaki OYJ
- 10.11 Lollicup USA, Inc.
- 10.12 Nippon Paper Industries Co. Ltd.
- 10.13 Soton Daily Necessities Co. Ltd.
- 10.14 Tetra Pak International SA
- 10.15 Transcend Packaging Ltd.
- 10.16 Vegware
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