Paper straws market industry : recent development, regional coverage

0
767

The  Paper straws Market Industry was USD 4.16 billion in 2022 and is projected to reach USD 16.28 billion by 2030, with a compound annual growth rate (CAGR) of 18.6% during the forecast period from 2023 to 2030.

This significant growth in the paper straw market can be attributed to the increasing awareness and concern about environmental sustainability. As consumers become more conscious of the harmful effects of plastic straws on the environment, there has been a growing demand for eco-friendly alternatives. Paper straws, being biodegradable and compostable, have emerged as a popular choice among individuals and businesses alike.

Furthermore, government regulations and initiatives aimed at reducing plastic waste have also played a crucial role in driving the adoption of paper straws. Many countries have implemented bans or restrictions on single-use plastics, including plastic straws, which has further fueled the demand for sustainable alternatives.

In addition to the environmental benefits, paper straws offer several advantages over their plastic counterparts. They are sturdy, affordable, and can be customized with various designs and colors, making them an attractive option for businesses in the food and beverage industry. Moreover, paper straws are considered safer for consumption as they do not contain harmful chemicals like some plastic straws do.

The market for paper straws is expected to witness substantial growth across various sectors, including restaurants, cafes, bars, and fast-food chains. These establishments are increasingly adopting paper straws as part of their sustainability initiatives and to meet the changing preferences of their environmentally conscious customers.

Geographically, North America and Europe are anticipated to dominate the paper straw market due to stringent regulations and a high level of environmental awareness in these regions. However, the Asia-Pacific region is expected to witness the fastest growth during the forecast period, driven by the increasing population, rising disposable income, and growing awareness about plastic pollution.

Get A Sample Report@https://www.snsinsider.com/sample-request/3711

KEY MARKET SEGMENTATION

By Material

· Virgin

· Recycled

By Type

· Flexible

· Non-Flexible

By Product

· Printed

· Non-Printed

By Straw Length

· 75 inches

· 75-7.75 inches

· 75-8.5 inches

· 5-10.5 inches

· 5 inches

By Straw Diameter

· 15 inches

· 15-0.195 inches

· 195-0.25 inches

· 25-0.4 inches

· 4 inches

By Application

· Household

· Institutional

· Food Service

Key Players

Some major key players in the Paper Straw market are Hoffmaster Group Inc, Transcend Packaging Ltd, Huhtamaki Oyj, Nippon Paper Group, Tetra Pak, Footprint, Fueling Technology, Duni Group, Soton Daily Necessity Co. Ltd, Canada Brown Eco Products Ltd and other players.

Buy This Exclusive Report @https://www.snsinsider.com/checkout/3711

 

Read Our Related Reports

Bioplastic Packaging Market

About Us:

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our companys aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety.

Contact Us:

Akash Anand Head of Business Development Strategy

info@snsinsider.com

Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)

Website:https://www.snsinsider.com

 

Реклама
Поиск
Реклама
Категории
Больше
Разное
Breast Implants Market Size is expected to reach USD 3.70 Billion by 2030
Breast Implants Market-Overview Breast Implants Market size report has valued the industry at USD...
От Rahul Yash 2023-08-18 06:16:50 0 735
Искусство
Future outlook of Hydrophilic Coatings market Industry by Analysts and know what to expect from this Industry along with analysis - Global Trends, Industry Growth, Top Company Profiles, Table of Contents Forecast to 2032
This Hydrophilic Coatings market research report addresses numerous critical market aspects,...
От Jonn Kediya 2024-05-22 18:59:07 0 573
Бизнес
Sterilants Market Size is Projected to Grow at a CAGR of 5.4% from 2023 to 2032
The global Sterilants Market was estimated to be US$ 2.3 billion in 2021 and is...
От Alex Banerjee 2023-06-07 14:21:29 0 872
Красота, здоровье
Analyzing Market Share Distribution in the North America Dental Software Market Industry
Market Overview – The North America Dental Software market addresses the growing demand...
От Ambika Sheelvant 2024-02-19 11:29:32 0 614
Бизнес
探索ysl-taiwan.com——引領時尚潮流的必備網站
隨著互聯網的快速發展,時尚産業也在逐步向數字化轉型。在這個時代背景下,ysl-taiwan.com以其獨特的視角和專業的態度,成爲了引領時尚潮流的必備網站。今天,我們就來壹起探尋這個備受矚目的平...
От SI LUO 2024-09-02 06:05:41 0 26