Global Straw Market, By Product (Plastic, Bamboo, Metal, Paper, Glass, Silicone, Others), Straw Length (<9 cm, 9-15 cm, 16-20 cm, >20 cm), Sales Channel (Manufacturers, Distributors, Retailers, E-retail), End Use (Foodservice, Institutional, Households), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
The straw market will reach register the growth at a rate of 7.31% for the forecast period of 2021 to 2028. The straw market report analyses the growth, which is currently being growing due to the rising consumption of compact beverage packages.
A straw or a drinking straw is a small cylindrical hollow tube used for consuming a beverage by placing its one end in the mouth and the other in the beverage. It can be made up of paper, bamboo, stainless steel, plastics and so forth. Drinking straws are broadly utilized in cars, cafes, quick service restaurants, lounges, roadside eateries, and residential houses and apartments.
Major factors that are expected to boost the growth of the straw market in the forecast period are the rise in the consumption of straws, growing of the demand due to the consumption of alcoholic and non-alcoholic beverages and the increase in the number of restaurants, hotels, food stalls, food wagons. Furthermore, the manufacturers are providing the straws that can decompose to decrease the environmental effect of plastic waste is further anticipated to propel the growth of the straw market. Additionally, the accessibility of alternative material such as metal, glass, bamboo and silicone for producing the straw is further estimated to cushion the growth of the straw market.
On the other hand, the limitation on the utilization of plastic products in several countries due to its non-degradable properties is one of the factors projected to further derail the growth of the straw market in the near future.
This 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 localised 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, geographical expansions, technological innovations in the market. To gain more info on the 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.
Straw Market Scope and Market Size
The straw market is segmented on the basis of product, straw length, sales channel and end use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product, the straw market is segmented into plastic, bamboo, metal, paper, glass, silicone, others.
- On the basis of straw length, the straw market is segmented into <9 cm, 9-15 cm, 16-20 cm, >20 cm.
- On the basis of sales channel, the straw market is segmented into manufacturers, distributors, retailers, and e-retail.
- On the basis of end use, the straw market is segmented into foodservice, institutional, households.
Straw Market Country Level Analysis
The straw market is analysed and market size, volume information is provided by country, product, straw length, sales channel and end use as referenced above.
The countries covered in the straw market report are the 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, Israel, Egypt, South Africa, 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 straw market due to the straw manufactures are perceiving sizable revenue streams. Furthermore, the rise in the preference of customers towards the acceptance of eco- and health-friendly straws which will further boost the growth of the straw market in the region during the forecast period. Europe is projected to observe significant amount of growth in the straw market due to the thriving of the functional beverage sector and swift E-commerce development. Moreover, the rise in the foodservice industry and the improving sales of energy drinks is further anticipated to propel the growth of the straw market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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 Straw Market Share Analysis
The 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 straw market.
The major players covered in the straw market report are Hoffmaster Group, Inc., Transcend Packaging, Footprint, Huhtamaki Oyj, BYGREEN, Royal Paper Industries, Canada Brown Eco Products Ltd, Charta Global, Soton Daily Necessities Co., Ltd., Y.W., Tetra Pak International S.A., YuTong Eco-Technology (SuQian) Co., Ltd, ALECO INDUSTRIAL CO., LTD., Vegware, Shakarganj, Pactiv LLC, Hellostraw, TIPI STRAWS, strawland, Gumi Bamboo, BioPak, Wilbistraw, Sharp Serviettes, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Straw Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.