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Paper Straw Market Trends

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

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Paper Straw Market Trends

Compostable paper straws are gaining traction as consumers and businesses seek fully sustainable alternatives to plastic straws. Manufacturers are investing in research to develop straws made from easily compostable materials, enabling waste reduction and supporting circular economy principles.

Businesses are recognizing the marketing potential of paper straws. Customization options, such as printing company logos or unique designs on straws, enhance brand recognition. This trend allows businesses to align their eco-friendly image with their products, creating a cohesive and environmentally conscious brand identity.

The ongoing R&D efforts are focused on enhancing the materials used in paper straws. Innovations include coatings that make paper straws more resistant to moisture, improving their durability and functionality. These advancements are crucial in addressing the challenge of maintaining straw integrity during use, especially in beverages that are consumed over extended periods.

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.