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Paper Straw Market Size

  • Report ID: GMI7313
  • Published Date: Nov 2023
  • Report Format: PDF

Paper Straw Market Size

Paper Straw Market was valued at over USD 2.3 billion in 2022 and is anticipated to grow at a CAGR of around 14.3% between 2023 and 2032. The rising awareness about the environmental impacts of plastic straws including ocean pollution and harm to marine life has led consumers and businesses to seek eco-friendly alternatives such as paper straws. Governments worldwide are implementing stringent regulations and outright bans on single-use plastics including plastic straws. These regulations have created a legal imperative for businesses to adopt environment-friendly alternatives, increasing the demand for paper straws as a compliant choice.

 

Paper straws are eco-friendly alternatives to plastic straws, made from biodegradable and compostable materials. Designed for single-use, they help reduce plastic pollution, particularly in marine environments. Paper straws are widely used in the food & beverage industry, providing a sustainable solution without harming the environment.

 

Paper straws, while biodegradable, can become soggy and lose their structural integrity when exposed to liquid for an extended period. The limited durability can lead to a less satisfying user experience, especially in drinks that take a long time to consume. This issue is particularly noticeable in beverages, such as milkshakes or cocktails, that take longer to consume. Customers may find the disintegration of paper straws inconvenient, leading to dissatisfaction and potential reluctance to use them.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for paper straw was valued at over USD 2.3 billion in 2022 and is anticipated to grow at a CAGR of around 14.3% between 2023 and 2032, owing to the rising awareness about the environmental impacts of plastic straws including ocean pollution and harm to marine life.

The recycled paper segment is anticipated to register a CAGR of over 14% through 2032 as using recycled paper for straws reduces the demand for virgin materials, conserving forests and promoting a circular economy.

Europe dominated the global paper straw market with a share of over 35% in 2022. Many European businesses have embraced sustainability as a core value, which encourages companies to adopt eco-friendly practices including replacing plastic straws with paper alternatives.

Hoffmaster Group Inc., Transcend Packaging Ltd., Huhtamaki OYJ, Fuling Global Inc., Canada Brown Eco , Products Ltd., Biopak, and Tetra Pak International SA.

Paper Straw Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 16
  • Tables & Figures: 292
  • Countries covered: 21
  • Pages: 220
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