PUBLISHER: Polaris Market Research | PRODUCT CODE: 1423927
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1423927
The global paper straw market size is expected to reach USD 9.70 billion by 2032, according to a new study by Polaris Market Research. The report "Paper Straw Market Share, Size, Trends, Industry Analysis Report, By Material (Virgin Paper, Recycled Paper), By Product Type (Non-Printed, Printed), By Straw Length, By Diameter, By Sales Channel, By End-use, By Region, And Segment Forecasts, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growing global awareness & apprehension regarding the environmental consequences of plastic waste have generated an increasing demand for the sustainable alternatives. Paper straws, recognized as an eco-friendly option, offer biodegradability and composability. Government regulations & bans on the single-use plastics, including plastic straws, have compelled industries such as food-service, food processing, & hospitality to transition to paper straws to adhere to legislative requirements. This shift in demand has created a substantial market opportunity for manufacturers of paper straws.
The rising demand for sugar-free beverages is anticipated to drive market growth. Recent statistics from the IGD ShopperVista Health reveal that approximately 85% of the consumers in 2022 are prioritizing healthy eating, with a focus on drinking more fluids (25%) or reducing sugar intake (27% of people). To cater to this trend, companies like Dabur & Tetra Laval Pack collaborated in 2020 to introduce a range of low-calorie juices, aligning their product offerings with the increasing consumer preference for healthier beverage options.
The COVID-19 pandemic brought about mixed impacts on the market. The closure of food establishments during lockdowns led to a decrease in the demand for paper straws because of reduced activity in restaurants, cafes, and similar venues. However, the heightened emphasis on hygiene and safety during the pandemic has created a positive influence. The increased focus on single-use items and individually wrapped products, driven by safety concerns, has proven advantageous for paper straws. These straws are often provided in individual packaging, promoting cleanliness, and minimizing the risk of contamination, aligning with the changing consumer preferences during the pandemic.
Virgin paper held the largest share, as it offers superior strength and higher durability compared to the recycled paper
<0.15 inches will grow at the rapid pace, as there is growing awareness among on the use of paper straws
North America dominated the market, owing to stringent government rules and ban on plastic use
The global players include Hoffmaster Group, Huhtamaki, BioPak, Novolex, Footprint, Matrix pack, Strawland, Tetra Laval, Transcend Packaging
Polaris Market Research has segmented the paper straw market report based on material, product type, straw length, diameter, sales channel, end use, and region: