Global Paper Straw Market – Industry Trends and Forecast to 2029

Global Paper Straw Market, By Product (Printed, Non-Printed), Material (Virgin Paper, Recycled Paper), Length (10.5 Inches), Diameter (0.4 Inches), End User (Foodservice, Institutional, Household) – Industry Trends and Forecast to 2029

Market Analysis and Size

Paper straws are becoming more and more popular during current situation due to increase the awareness about sustainability and plastic straws become the target of growing government regulations. All across the globe, several countries are moving towards the use of paper straws instead of plastic because choosing paper over plastic as an eco-friendly alternative. Food and beverage industry has witnessed for the significant growth and rapid development of the paper straw market due to the increase in many catering services, restaurants, hotels, food wagons, and food stalls serving millions of customers.

Data Bridge Market Research analyses that the paper straw market was valued at USD 847.04 million in 2021 and is expected to reach USD 3723.02 million by 2029, registering a CAGR of 20.33 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.

Report Scope and Market Segmentation

Market Definition

Paper straw is a utensil which has intended to carry the matter of a beverage to one's mouth. Paper straws are normally made from the virgin papers, but due to environmental concerns, the new regulation has led to an increase in reusable straws. These straws are often made up from recycled paper. Drinking straws is the single used product.

Paper Straw Market Dynamics

Drivers

• Huge demand in food sector

The food industry is the main consumer of the paper straws. Due to rapid urbanization and increasing population upsurge, the number of food eateries and outlets increases the demand for paper straw and is expected to drive the growth of the paper straw market.

• Rise the demand of eco-friendly solution

Paper straws are the primary choice for most stores because they can be easily decomposed, recycled, and easy to use. A single paper straw can be used for 25 to 30 years. It does not harm the environment. The use of paper straw is completely environment friendly.

• Increase the demand of paper over plastic

 The demand of paper straws increases due to the ban for plastic straws in several countries which has accelerated the growth of paper straws market. The customer demand for durable and sustainable alternatives to plastic straws is expected to gain traction during the forecast period.

• Rise in the number of government initiatives for spreading consumer awareness

The paper straw market is expected to rise due to increasing government initiatives to spread consumer awareness for using paper straw. With the rise in government activities and strict rules and regulations to raise awareness about paper straw, the market is being pushed by augmented the demand for paper straw from various industries, including hotels, malls, and many stores.

Opportunities

Paper straws offer many opportunities for companies to start the production of these straws as an alternative to plastic. New paper straw startups are popping up and Sales are skyrocketing everywhere to help the meet demand. Companies encouraging the use of recyclable paper straws and national governments are slowly banning on the use of plastic in commercial packaging. Several countries are banning the use of straws. Therefore, paper straws are replacing plastic straws in the different markets. With a lack of biodegradable options, the paper straws have the opportunity to lead the paper straw market vacated by plastic straws.

Restraints/ Challenges

The cost of paper straws currently more than the cost of plastic straws. The initial cost of paper straws is not currently higher, but because the paper straws are not as long lasting and durable as plastic straws, the customers often ask the shopkeeper for more than one straw during their visit. The durability of a paper straw will depend on the producer, but it is less than the plastic straws. So, these major market restrains will hinder the market's growth rate.

This paper straw market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the paper straw market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Paper Straw Market

The COVID-19 pandemic was the main reason for economic slowdown over the entire industries around the globe. Initially, the paper straw market also suffered by this pandemic. As diners, restaurants, and cafes closed down to avoid contamination, the use of paper straws reduced to an unprecedented low. However, as takeaways and food deliveries increased, the global market recovered. The ease of food order and delivery and the growth of consumer mindset has pushed the sale of paper straws more. During pandemic increase the eating out culture and people prefer to drink shakes and smoothies which has enhanced the sale of paper straw and an increase in market revenue.

Global Paper Straw Market Scope

The paper straw market is segmented on the basis of products, material, length, diameter and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Printed
• Non-Printed

 Material

• Virgin Paper
• Recycled Paper

Length

• <5.75 Inches
• 5.75-7.75 Inches
• 7.75-8.5 Inches
• 8.5-10.5 Inches
• >10.5 Inches

Diameter

• <0.15 Inches
• 0.15 – 0.196 Inches
• 0.196 – 0.25 Inches
• 0.25 – 0.4 Inches
• >0.4 Inches

End User

• Foodservice
• Institutional
• Household

Paper Straw Market Regional Analysis/Insights

The paper straw market is analysed and market size insights and trends are provided by country, products, material, length, diameter, and end-user as referenced above.

The countries covered in the paper straw market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Asia-Pacific dominates the paper straw market in terms of market share during the forecast period. This is due to the increasing demand for paper straw in this region. The Asia-Pacific region leads the paper straw market due to the restriction and ban on the use of plastic by governments, development of food and beverage industry, high production and consumption of paper straws in this region

During the projected period, Europe is projected to be the fastest developing region because of the wide utilization in the European foodservice industry, rise in demand for paper straws, and the implementation of regulations restricting the use of plastic in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Paper Straw Market Share Analysis

The paper straw market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to paper straw market.

Some of the major players operating in the paper straw market are:

• Footprint (US)
• Hoffmaster Group, Inc. (US)
• Transcend Packaging Ltd. (UK)
• Huhtamaki Oyj (Finland)
• Fuling Global Inc. (China)
• Tipi Straws (UK)
• Canada Brown Eco Products Ltd (China)
• Bygreen (Australia)
• Soton Daily Necessities Co., Ltd. (China)
• YuTong Eco-Technology (SuQian) Co., Ltd (China)
• Ningbo Jiangbei Shenyu Industry and Trade Co., Ltd. (China)
• Shenzhen Grizzlies Industries Co., LTD (China)
• Lollicup USA, Inc. (US)
• Biopak (UK)
• Charta Global (US)
• Y.W., Focus Technology Co., Ltd. (China)
• ALECO INDUSTRIAL CO., LTD. (China)
• Vegware, Ltd (UK)
• Aardvark Straws (US)
• strawland (Indonesia)
• OkStraw Paper Straws (US)
• Sharp Serviettes (New Zealand)