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Paper Straw Market Size, Share Global Analysis Report, 2021 – 2026
Paper Straw Market By Material (Virgin Paper & Recycled Paper), By Application (Foodservice, Institutional, & Household), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026
Industry Insights
[203+ Pages Report] The latest finding surrounding the “Global Paper Straw Market” published by Facts & Factors offers a neatly packaged and comprehensive read. In this report, the global paper straw market surrounding paper straw will reach a projected value of USD 1,576 Million by 2026 growing at a CAGR of 19.5% from an initial value of USD 579 Million in the year 2020.
Market Overview
Paper straws are small pipes that often aid a user in consuming a compatible liquid in a more livid and convenient fashion. The main source of production of these straws is paper and oftentimes they are completely degradable. The current generation of paper straws is often recyclable and is gaining popularity due to the ability to be completely degraded within 2-6 weeks of the beginning of the cycle. Piles of papers are stacked atop each other and then mixed with a dash of water-based adhesive by a slot nozzle machine which gives the final shape to the product.
Industry Growth Factors
The primary driving forces behind the significant rise of the global paper straw market are the rising applications in the foodservice sector and institutional services coupled with rising consumer demand for environmental-friendly straws to name a few. Additionally, factors such as the increasing number of government-based reforms aiding ban plastic straws coupled with increasing intolerance of consumers towards plastic straws will increase the footprint of the global paper straw market during the advent of the forecast period. Moreover, increasing sustainable targets coupled with significant demand from the food and beverage sector will boost the growth of the global paper straw market during the advent of the forecast period.
The global paper straw market is driven by the rapid development of technologies for excessive production methods coupled with the rising number of food wagons, catering services, and food stalls to name a few. The emergence of online food delivery platforms will further accelerate the growth of the global paper straw market due to increased integration to name a few. However, a higher cost of paper straws and a tangent taste accompanied with extended usage will hamper the growth of the global paper straw market during the advent of the forecast period.
Segmentation Analysis
The global paper straw market is segmented into material, application, and region.
On the basis of material, the global paper straw market is divided into virgin paper and recycled paper. The virgin paper segment is expected to witness the largest market share during the advent of the forecast period owing to increased adoption owing to eco-friendly alternatives coupled with increased increments for putting a ban on plastic straws to name a few. Additionally, factors such as increased reliability and increased absorbency rates will cement the dominant market position of the latter during the forecast period. On the basis of application, the global paper straw market can be broken down into food service,
institutional, and household. The segment pertaining to food service is expected to witness the largest market share during the advent of the forecast period owing to rising products pertaining to single-use disposable measures coupled with increasing steps taken toward sustainability to name a few.
Report Scope
Report Attribute |
Details |
Market Size in 2020 |
USD 579 Million |
Projected Market Size in 2026 |
USD 1,576 Million |
CAGR Growth Rate |
19.5% CAGR |
Base Year |
2020 |
Forecast Years |
2021-2026 |
Key Market Players |
Fuling Global, Footprint, Charta Global, Canada Brown Eco Products, Bygreen, Biopak, Hoffmaster Group, Transcend Packaging, Royal Paper Industries,Huhtamaki OYJ, Tetra Pak, Hello Straw, Nippon Paper Group, Soton Daily Necessity Co. Ltd, and Shenzhen Grizzlies Industries Co. Ltd, and Others |
Key Segments |
Material, Applications, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Purchase Options |
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Regional Analysis
The region of Europe is expected to witness the fastest growing CAGR during the advent of the forecast period owing to rising demand for paper straws from emerging economies such as Germany and the United Kingdom coupled with rising popularity from the European foodservice industry to name a few. Additionally, the increasing effect of environmental and government-based regulations and reforms pertaining to plastic straw bans will increase the footprint of the paper straw market in the region to a large extent. The region of Asia-Pacific will witness a substantial market share during the advent of the forecast period owing to rising government-based bans on plastic straws coupled with rising product awareness to name a few.
Competitive Players
- Fuling Global
- Footprint
- Charta Global
- Canada Brown Eco Products
- Bygreen
- Biopak
- Hoffmaster Group
- Transcend Packaging
- Royal Paper Industries
- Huhtamaki OYJ
- Tetra Pak
- Hello Straw
- Nippon Paper Group
- Soton Daily Necessity Co. Ltd
- Shenzhen Grizzlies Industries Co. Ltd
By Material Segment Analysis
- Virgin Paper
- Recycled Paper
By Application Segment Analysis
- Foodservice
- Institutional
- Household
By Regional Segment Analysis
- North America
- U.S.
- Canada
- Europe
- UK
- France
- Germany
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of MEA
Table of Content
Industry Major Market Players
- Fuling Global
- Footprint
- Charta Global
- Canada Brown Eco Products
- Bygreen
- Biopak
- Hoffmaster Group
- Transcend Packaging
- Royal Paper Industries
- Huhtamaki OYJ
- Tetra Pak
- Hello Straw
- Nippon Paper Group
- Soton Daily Necessity Co. Ltd
- Shenzhen Grizzlies Industries Co. Ltd
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