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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.
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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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.
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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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.
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.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Material |
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Breakup by Product |
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Breakup by End-User |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of approximately USD 1.99 billion in 2023.
The market is projected to grow at a CAGR of 19.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 9.72 billion by 2032.
The major drivers of the market include rising number of food and beverage outlets and growing intolerance towards the usage of plastic straws.
The key trends of the market include increasing demand from foodservice sector, growing environmental concerns, and rising government initiatives for the ban of plastic.
The various materials used in paper straws include virgin paper and recycled paper.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The key players in the paper straw market are 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., and Shenzhen Grizzlies Industries Co., LTD., among others.
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