Paper Straw Market

Global Paper Straw Market Size (2024 to 2029)  

The Global paper straw market has a value of USD 2.04 billion in 2024 and is expected to reach a value of USD 4.79 billion by 2029 with a CAGR of 18.6% during the forecast period 2024-2029.

The paper straw market has been witnessing noticeable growth during the forecast period. It is driven by the increase in awareness about sustainability and the shift in consumers towards to best alternative to single-use plastic products. This has increased the rise in demand for the eco-friendly option of plastic straws, that is, paper straws which are biodegradable and have less impact on marine ecosystems. The surge in demand among consumers made manufacturing companies innovate paper straws in terms of durability, utility, dimensions, and others to meet consumer preferences. The stringent rules and regulations, increase in demand for paper straws, rise in the number of food services, and initiatives in adopting environment-friendly options are propelling the market growth. 

Many opportunities are at the forefront of the companies that are producing paper straws which are an alternative to plastic. The new paper straws available in the market are reaching a high price end with the increase in demand. Banning the commercial use of plastic straws in packaging and campaigns conducted by the companies to encourage consumers towards the use of recyclable paper straws are favorable government policies providing a lucrative opportunity for the paper straw market growth. Ban on the use of plastic straws is over the several countries. That resulted in the replacement of plastic straws with paper straws in different markets across various countries in the world. The recyclable feature of the paper straw will be a great opportunity for the market to experience greater revenues and market expansion into several markets across the world.

Global Paper Straw Market Drivers:

An upsurge in demand for eco-friendly solutions is driving the market demand.Paper straws have a competitive advantage in terms of their features, such as the bio-degradable, recyclable, and easy to use. This makes it a preferred choice among customers in many stores. Maximum of up to 25 to 30 years, a paper straw can be used. It is environment friendly, avoiding damage to the earth as plastic does. The ban on plastic straws in many countries made it more adopted by consumers. Consumers are being aware of sustainability and prefer to purchase such products. This results in driving the paper straw market growth during the projected period.

The increase in urbanization and the rise in population are increasing the demand for the number of food eaters and outlets number. This contributes to the increase in demand for paper straws, and the food sector is the main consumer of paper straws. The government is also initiating many awareness programs to increase the spread of consumer awareness of the use of paper straws. There is an increase in government rules and norms and the increase in regulations driving the demand for paper straws from several industries such as malls, hotels, restaurants, and others. The strict rules and increase in awareness about paper straws are driving the paper straw market toward its growth phase in the coming years.

Global Paper Straw Market Restraints:

The cost of the paper straw is acting as a major restraint to the adoption of the product among consumers. The present plastic straws are cheaper than the paper straws. The less durability and less shelf life of the paper straws make the consumers buy more quantities during the visit to the store. The producer role plays a major role in determining the durability of the paper straw, but presently it has less durability when compared to plastic straws. These constraints are hindering the paper straw market growth rate to a greater extent.

Impact Of COVID-19 on the Paper Straw Market:

The COVID-19 pandemic has had a significant impact on the paper straw market. The imposition of the lockdown has caused interruptions in the manufacturing process of paper straws. The supply chain has been disrupted due to the imposition of travel restrictions across many nations and in between states. Many companies have faced financial problems due to the lack of working capital. The demand has seen a decline in the graph due to decreased consumer buying from restaurants, food service centers, online delivery of food, and others. Post-pandemic, there is an increase in demand as the market has regained its previous glory and demand. There is a rise in demand for paper straws in the market with the availability of several food service applications.

REPORT COVERAGE: 

This research report on the Global Paper Straw Market has been segmented and sub-segmented based by product, length, diameter, end user & region. 

Global Paper Straw Market - By Product:

• Printed
• Non-Printed

The non-printed segment is anticipated to be dominant in the paper straw market during the forecast period. It is the fast-growing segment owing to the less harmful effect than printed straws, as it has fewer remnants of ink and dye in the consumables. This resulted in a rise in the demand for non-printed straws among consumers. 

Global Paper Straw Market - By Length:

• <5.75 Inches
• 5.75-7.75 Inches
• 7.75-8.5 Inches
• 8.5-10.5 Inches
• >10.5 Inches

The length of the 7.75 – 8.5 inches segment is anticipated to hold a high market share in the paper straw market during the forecast period. It is preferred as the standard size and most preferred size by many consumers due to the most usage in many applications. It is an ideal length for regularly used glasses and cups for drinking soda, cocktails, smoothies, iced tea, and others.

Global Paper Straw Market - By Diameter:

• <0.15 Inches
• 0.15 – 0.196 Inches
• 0.196 – 0.25 Inches
• 0.25 – 0.4 Inches
• >0.4 Inches

The diameter of 0.15 – 0.196 inches and 0.196 – 0.25 inches paper straws are expected to have a high demand in the paper straw market. These diameters are most widely used and are popular among consumers due to the convenience and versatility in usage for various types of beverages such as soft drinks, juices, cocktails, and many others. A diameter of o.15 – 0.196 inches is the standard preferred size as it can accommodate most drink types and make a practical choice for various ranges of applications; for thick-consistency type drinks or beverages, a diameter of 0.196 – 0.25 inches is most preferred for easy flow of liquid.

Global Paper Straw Market - By End User:

• Foodservice
• Institutional
• Household

The food service segment is expected to have a high market share in the paper straw market owing to one of the major products used in the food service industries. There is a rapid increase in the growth of the food and beverage industry due to advancements in technology, urbanization, and many other factors. The technology advancements include the introduction of online food-delivery websites and applications that has driven the demand for food service. Post-pandemic, there is an increase in away-from-home food and a ban on plastic & increase in awareness about sustainability has increased the use of paper straws.

Global Paper Straw Market - By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Asia-Pacific region is expected to dominate market shares during the forecast period in the paper straw market. The rising demand for paper straws in this region is propelling the high market share. In this region, the government has imposed restrictions and a ban on the use of plastic straws; the new developments occurring in the food and beverage industry, high production, along with high consumption of paper straws are favoring the market growth. Europe is also projected to be having a high market share due to the wide urbanization in the food industry, increase in demand, and regulatory restrictions over plastic straws.

KEY MARKET PLAYERS:

key market players of Global Paper Straw Market are Footprint, Hoffmaster Group, Inc, Transcend Packaging Ltd, Tipi Straws, Canada Brown Eco Products Ltd, Bygreen, Lollicup USA, Inc, Y.W., Focus Technology Co., Ltd, Aleco Industrial Co., Ltd, Vegware, Ltd

RECENT HAPPENINGS IN THE MARKET:

• In 2022, the U.S. Food Holding Corp launched the most advanced e-commerce application MOXe (Maing Operator Xperiences Easy). The application is a one-stop solution for food services that can be used on mobile, desktop, and tablets.
• In 2022, a wide range of recyclable paper straws in different shapes, dimensions, and utilities will be launched by SIG India. Their main focus is on meeting the growing demand in India due to the rise in food chains, restaurants, and many other food services.
• In 2022, McDonald made an announcement of its adoption of paper straws and wooden cutlery in all its stores and locations.