Global Straw Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2024-2032)

Global Straw Market Growth

Increasing pollution of water bodies has refuelled the debate surrounding plastic straws, which contribute towards damaging marine ecosystems. This has increased the demand for bioplastic straws, which are an environmentally friendly alternative to conventional straws. As per the United Nations, plastics are responsible for causing 80% of marine pollution worldwide. Globally, only 10% of all plastic production is recycled, and plastic pollution causes an economic loss of USD 6 billion-19 billion globally. Moreover, as per the International Union for Conservation of Nature, 17% of marine species are adversely affected by ocean’s plastic. This is expected to prompt plastic straw manufacturing companies to establish recycling facilities for plastic straws while boosting their accessibility for disabled people, who prefer them for their convenience of usage. This is expected to drive the straw market expansion.

The expansion of the North American food processing industry is also expected to have a favourable impact on market dynamics. This can be attributed to the growth of Canada’s food processing industry, which accounted for 18.2% of overall sales of the domestic manufacturing industry. In 2022, it accounted for 1.7% of the domestic GDP. This is expected to fuel the straw market value over the forecast period.

Key Trends and Developments

Global Straw Market Trends

Brown Reed Agri Waste Innovations uses the epicuticular wax present in coconut leaves to produce biodegradable straws, branded as “Sunbird Straws”. The engineering team at the company developed an integrated conveyor system for reducing the production time from 45 seconds to 1 second. The company aims to produce 1,000,000 straws by 2027 to drive the shift towards a circular economic model of growth. Sunbird straws have saved the emissions from incineration of 10 tons of coconut leaves while replacing around 2 million plastic straws in India. This indicates that Southeast Asia is expected to emerge as an innovation hub for straws, accelerating the straw market development over the forecast period.

Global Straw Industry Segmentation

Global Straw Market Share

Based on region, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. Over the forecast period, the Asia Pacific is expected to grow at a CAGR of 6.1% because of increasing innovation in sustainable straw manufacturing materials in the region.

Leading Companies in the Global Straw Market

Major market players are enhancing their production capabilities for alternative straws, which do not pose environmental hazards. Moreover, paper-based straws are expected to witness significant innovations, as new chemical coatings enhance their usability.

Hoffmaster Group, Inc.

Hoffmaster Group, Inc. was founded in 1947 and is headquartered in Wisconsin, United States. It is a premier manufacturer of single-use tableware for the consumer goods, foodservice, and baking industries.

Tetra Pak Group

Tetra Pak Group is a privately held company which is headquartered in Pully, Switzerland. Founded in 1951, it ...

BioPak Pty Ltd.

BioPak Pty Ltd. was founded in 2006 and is headquartered in New South Wales, Australia. It is engaged in manuf...

Pactiv Evergreen Inc.

Pactiv Evergreen Inc. is a public limited company which is headquartered in Illinois, United States. Founded i...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other major market players are Huhtamäki Oyj, FULING PLASTIC USA, INC., Transcend Packaging, Footprint, D&W Fine Pack LLC, and GCA Products, Inc., among others.