Paper Straw Global Market Report 2024

Description

“Paper Straw Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on paper straw market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for paper straw? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The paper straw market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Product: Printed; Non-printed
2) By Material: Virgin paper; Recycled paper
3) By Length: <5.75 inches; 5.75-7.75 inches; 7.75-8.5 inches; 8.5-10.5 inches; >10.5 inches
4) By Sales Channel: Manufacturers; Distributers; Retailers; E-Retail
5) By End-user: Foodservice; Institutional; Household
Companies Mentioned: Charta Global Inc.; Canada Brown Eco Products Ltd.; Huhtamaki Oyj; Hoffmaster Group Inc.; Transcend Packaging Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Paper straws are a type of environmentally friendly drinking straw crafted from paper materials, typically paperboard or paper pulp. These straws are biodegradable and compostable, offering a more eco-conscious alternative to plastic straws, as they break down more rapidly in natural conditions.

The primary types of paper straw products include printed and non-printed variants. Printed paper straws are customized or adorned with text, images, or patterns using a printing process. They are manufactured from materials such as virgin paper and recycled paper, coming in various lengths, including <5.75 inches, 5.75-7.75 inches, 7.75-8.5 inches, 8.5-10.5 inches, and >10.5 inches. These straws are available through various sales channels such as manufacturers, distributors, retailers, and e-retail, and are used by foodservice establishments, institutions, and households.

The paper straw market research report is one of a series of new reports from The Business Research Company that provides paper straw market statistics, including paper straw industry global market size, regional shares, competitors with a paper straw market share, detailed paper straw market segments, market trends and opportunities, and any further data you may need to thrive in the paper straw industry. This paper straw market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The paper straw market size has grown rapidly in recent years. It will grow from $1.61 billion in 2023 to $1.84 billion in 2024 at a compound annual growth rate (CAGR) of 14.4%. The growth observed in the historical period can be attributed to environmental concerns, regulatory measures, consumer preferences, corporate initiatives, and the influence of media.

The paper straw market size is expected to see rapid growth in the next few years. It will grow to $3.01 billion in 2028 at a compound annual growth rate (CAGR) of 13.1%. The anticipated growth in the forecast period can be attributed to the global anti-plastic movement, the expansion of end-use industries, increasing consumer awareness, economic factors, and corporate sustainability goals. Major trends expected in the forecast period encompass the growing environmental awareness, government regulations, shifts in consumer preferences, innovation and product development, and corporate sustainability initiatives.

The paper straw market is poised for growth, driven by governmental initiatives aimed at reducing plastic usage. These initiatives involve actions and programs at the national and international levels to curb plastic consumption and address associated environmental concerns. Government efforts to minimize plastic straw usage have led to an increased demand for paper straws, contributing to a positive environmental impact. For example, the European Commission implemented the 'Single-Use Plastics Directive' in September 2022, setting targets for the collection and recycling of plastic bottles. Such initiatives are significant drivers for the paper straw market.

Anticipated growth in the paper straw market is further fueled by the increasing consumption of beverages. With 'beverages' encompassing a wide range of liquid substances designed for human consumption, the shift from plastic to paper straws aids in reducing plastic pollution and promotes sustainability in the beverage sector. In Australia, the functional beverage market was valued at $451 million in October 2022, showcasing substantial growth and emphasizing the role of paper straws in meeting sustainability goals.

Technological advancements emerge as a key trend in the paper straw market, with companies adopting innovative technologies to maintain their market position. An example is HB Fuller Company India's launch of Swift tak in September 2021, a paper straw adhesive developed using water-based technology. This adhesive offers improved food-safe solutions, maintaining straw integrity with over three hours of liquid resistance.

Strategic partnerships are another notable trend in the paper straw market, with major companies collaborating to produce resilient, printable, and recyclable paper straws. Walki Group Oy's partnership with Dolea, announced in May 2022, aims to produce recyclable and printed paper straws in Finland and the UK. Dolea's proprietary machine technology and Walki's resources create a strategic collaboration, ensuring efficient production and meeting the increasing demand for sustainable straws.

In May 2022, Inno-Pak LLC's acquisition of Stalk Market Inc is a strategic move to enhance product portfolios. This acquisition allows Inno-Pak to incorporate Stalk Market's eco-friendly products, including paper straws, expanding sustainable offerings across the Americas. Stalk Market Inc., a US-based producer of compostable and recycled products, aligns with Inno-Pak's commitment to environmental responsibility.

Major companies operating in the paper straw market report are Charta Global Inc., Canada Brown Eco Products Ltd., Huhtamaki Oyj, Hoffmaster Group Inc., Transcend Packaging Ltd., BioPak UK Ltd., Bygreen Paperpack, Fuling Global Inc., Yutong Eco-Technology (Suqian) Co. Ltd., Tipi Straws, Ningbo Jiangbei Shenyu Industry and Trade Co. Ltd., Tetra Pak Ltd., Hello Straw Ltd., UFlex Limited, Soton Daily Necessities Co. Ltd., Nippon Paper Industries Co. Ltd., Footprint LLC, Bygreen, Duni Group, Fueling Technology, Lollicup USA Inc., IPI SRL, Aardvark Straws, The Paper Straw company, The Blue Straw, Eco Guardian Inc

Europe was the largest region in the paper straw market in 2023. The regions covered in the paper straw market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the paper straw market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The paper straw market consists of sales of flexible paper straw, non-flexible paper straw, and virgin kraft paper straw. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r11216

1. Executive Summary

2. Paper Straw Market Characteristics

3. Paper Straw Market Trends And Strategies

4. Paper Straw Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Paper Straw Market Size and Growth

5.1. Global Paper Straw Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Paper Straw Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Paper Straw Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Paper Straw Market Segmentation

6.1. Global Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Printed
Non-Printed
6.2. Global Paper Straw Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Virgin paper
Recycled paper
6.3. Global Paper Straw Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
<5.75 inches
5.75-7.75 inches
7.75-8.5 inches
8.5-10.5 inches
>10.5 inches
6.4. Global Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Manufacturers
Distributers
Retailers
E-Retail
6.5. Global Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Foodservice
Institutional
Household

7. Paper Straw Market Regional And Country Analysis

7.1. Global Paper Straw Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Paper Straw Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Paper Straw Market

8.1. Asia-Pacific Paper Straw Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Paper Straw Market

9.1. China Paper Straw Market Overview
9.2. China Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Paper Straw Market

10.1. India Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Paper Straw Market

11.1. Japan Paper Straw Market Overview
11.2. Japan Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Paper Straw Market

12.1. Australia Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Paper Straw Market

13.1. Indonesia Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Paper Straw Market

14.1. South Korea Paper Straw Market Overview
14.2. South Korea Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Paper Straw Market

15.1. Western Europe Paper Straw Market Overview
15.2. Western Europe Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Paper Straw Market

16.1. UK Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Paper Straw Market

17.1. Germany Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Paper Straw Market

18.1. France Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Paper Straw Market

19.1. Italy Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Paper Straw Market

20.1. Spain Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Paper Straw Market

21.1. Eastern Europe Paper Straw Market Overview
21.2. Eastern Europe Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Paper Straw Market

22.1. Russia Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Paper Straw Market

23.1. North America Paper Straw Market Overview
23.2. North America Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Paper Straw Market

24.1. USA Paper Straw Market Overview
24.2. USA Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Paper Straw Market

25.1. Canada Paper Straw Market Overview
25.2. Canada Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Paper Straw Market

26.1. South America Paper Straw Market Overview
26.2. South America Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Paper Straw Market

27.1. Brazil Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Paper Straw Market

28.1. Middle East Paper Straw Market Overview
28.2. Middle East Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Paper Straw Market

29.1. Africa Paper Straw Market Overview
29.2. Africa Paper Straw Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Paper Straw Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Paper Straw Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Paper Straw Market Competitive Landscape And Company Profiles

30.1. Paper Straw Market Competitive Landscape
30.2. Paper Straw Market Company Profiles
- 30.2.1. Charta Global Inc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Canada Brown Eco Products Ltd.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Huhtamaki Oyj
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Hoffmaster Group Inc.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Transcend Packaging Ltd.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Paper Straw Market Competitive Benchmarking

32. Global Paper Straw Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Paper Straw Market

34. Paper Straw Market Future Outlook and Potential Analysis

34.1 Paper Straw Market In 2028 - Countries Offering Most New Opportunities
34.2 Paper Straw Market In 2028 - Segments Offering Most New Opportunities
34.3 Paper Straw Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer