Global Paper Straw Market Report and Forecast 2024-2032

Global Paper Straw Market Outlook

The global paper straw market size reached a value of approximately USD 1.99 billion in 2023. The market is further projected to grow at a CAGR of 19.3% between 2024 and 2032, reaching a value of USD 9.72 billion by 2032.

Key Trends in the Market

Paper straws are long, thin, and hollow tubes made from paper that are specifically designed for the purpose of drinking beverages. The product employs suction to force the liquid through the opening and into the individual’s mouth with the help of atmospheric pressure.

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• Growing concerns towards the environment has increased the demand for environment friendly paper straws, as they do not contain microplastics and can decompose within a week without causing any harm to the environment.

• Governments of various countries are taking initiatives and organising campaigns to ban the use of plastic straws and are also spreading awareness regarding the harmful effects of using them. The utilisation of paper straws is being promoted as they act as an optimum replacement for plastic straws, thus contributing to the paper straw market growth.

• The demand for paper straws from the food sector is rapidly increasing owing to rising population and growing number of food and beverage outlets. Additionally, the affordable nature of paper straws is further boosting their adoption by various restaurants and outlets around the globe.

Market Analysis

Based on material, the market is bifurcated into virgin paper and recycled paper. On the basis of product, the market is divided into printed and non-printed. By end-user, the market is categorised into foodservice and household, among others. On the basis of region, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global paper straw market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• BioPak Pty Ltd

• The Green Life Warehouse Pty Ltd (BYGREEN)

• Canada Brown Eco Products Ltd

• Charta Global Inc.

• Fuling Technology Co., Ltd.

• Hoffmaster Group, Inc.

• Huhtamäki Oyj

• Transcend Packaging Ltd.

• Lollicup USA, Inc.

• Shenzhen Grizzlies Industries Co., LTD.

• Others

Market Share by Material

The virgin paper segment accounted for a significant share of the market owing to the strength and reliability provided by straws derived from these materials. The absorbency rate of straws made from virgin paper is higher, provide good quality, and are extremely effective, which in turn enhances the experience of consumers. Meanwhile, the growing concerns towards sustainability is also fuelling the demand for straws made from recycled paper.

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Market Share by Region

Europe is anticipated to account for a significant share of the paper straw market owing to the rising demand for paper straws from countries such as the United Kingdom and Germany. This can be attributed to the rising use of paper straws in the foodservice sector of the region. The governments of European countries are bringing reforms and implementing environmental rules and regulations, which is increasing awareness among the European population regarding the benefits of using paper straws.

Competitive Landscape

BioPak Pty Ltd was founded in 2006 and is headquartered in New South Wales, Australia. The packaging and containers company specialises in sustainable packaging, food service disposables, and paper food packaging, among others.

Charta Global Inc. is a paper and forest products company that was founded in 2011. It is headquartered in California, United States and is known for providing packaging paper solutions to international retail, industrial, and consumer goods market.

Hoffmaster Group, Inc. was established in 1947 and has its headquarters located in Madrid, Spain. The food service company is known widely for offering premium disposable paper tableware items for various service sectors.

Other major players in the paper straw market include The Green Life Warehouse Pty Ltd (BYGREEN), Canada Brown Eco Products Ltd, Fuling Technology Co., Ltd., Huhtamäki Oyj, Transcend Packaging Ltd., Lollicup USA, Inc., and Shenzhen Grizzlies Industries Co., LTD., among others.

Key Highlights of the Report