A Quick Overview of Straw Market
The key object of this report on the Straw Market is to offer worthy data and a geographical perspective for predictions of market growth in the future. The recommendations added in this detailed report are insightful, and actionable offering a deep understanding of the industry. Moreover, it includes a comprehensive importance of aspects that have impacted the industry.
MarkNtel Advisors has recently studied an extensive market intelligence evaluation on the Straw Market. Also, the newly released report exhibits an engaging format that comprises compelling graphs, tables, charts, and figures as well. These seamlessly combined visual aids are designed to support the clarity and accuracy of the details presented, offering analysts a deep knowledge of the topic at hand.
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Straw Market Scenario:
The Global Straw Market size was valued at USD 16.93 Billion in 2024 and is projected to reach USD 24.26 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.18% during the forecast period, i.e., 2025-30. The global market for straw currently unearths itself in a transitional section, as the previously dominant plastic straws are gradually losing their position. This is in particular attributed to the upward thrust of environmental tasks and authorities’ policies prohibiting or proscribing single-use plastic merchandise, which includes plastic straws. Since plastic straws are substantially contributing to plastic waste and pose threats to marine life. It is anticipated that single-use plastic straws account for about 4% of the plastic waste by piece and around 2,000 tons of plastic waste, enter the ocean annually.
Straw Market – Industry Dynamics, Size, And Opportunity Forecast To 2030:
Market Driver – Growth of Food Service Outlets Driving Market Demand
The adoption of paper straws and other sustainable straws replaces plastic straws. However, the growth in the overall Straw Market will come from the growth in food service outlets. This is primarily due to the extensive consumption of drinks and beverages in restaurants, café and coffee shops, bars & clubs, and fast food chains. In these food service outlets, drinks are generally served in a cup with a straw. This leads to the extensive consumption of single-use plastic straws. For example, Tim Hortons, a large multinational coffee and quick-service restaurant chain, uses an astonishing 300 million straws each year in its restaurant locations across Canada.
As the food service market continues to grow, the demand for straws will increase in tandem. Major global food service outlets (for example, Starbucks, Tim Hortons, Dunkin’, McDonald’s, and Burger King) have announced their growth strategy for the future, which will feature substantial store growth in new and developing markets around the world. Specifically, these companies intend to open more stores in the rapidly developing Asia-Pacific Region, which hosts immediate and emerging economies (Indian and Chinese economies, respectively). Likewise, the Asia-Pacific region represents a large population base, expanding middle class, and increasing disposable income. These are significant points that outline the healthy future growth potential of the Straw Market.
Straw Market Segmentation Analysis:
Straw Industry, analyzes, identifies, and highlights the main trends and drivers which are affecting each segment of the market. The market has been further divided into the following categories:
By Type
- Plastic Straws- Market Size & Forecast 2020-2030, Thousand Units
- Metal Straws- Market Size & Forecast 2020-2030, Thousand Units
- Paper Straws- Market Size & Forecast 2020-2030, Thousand Units
- Bamboo Straws- Market Size & Forecast 2020-2030, Thousand Units
- Silicone Straws- Market Size & Forecast 2020-2030, Thousand Units
- Others (Glass Straws, PLA straws, etc.) – Market Size & Forecast 2020-2030, Thousand Units
By Straw Length
- <9 cm- Market Size & Forecast 2020-2030, Thousand Units
- 9-15 cm- Market Size & Forecast 2020-2030, Thousand Units
- 16- 20 cm- Market Size & Forecast 2020-2030, Thousand Units
- >20 cm- Market Size & Forecast 2020-2030, Thousand Units
By Material
- Biodegradable- Market Size & Forecast 2020-2030, Thousand Units
- Non-Biodegradable- Market Size & Forecast 2020-2030, Thousand Units
By Shape
- Straight Straws- Market Size & Forecast 2020-2030, Thousand Units
- Bent or Curved Straws- Market Size & Forecast 2020-2030, Thousand Units
- Twist Straws- Market Size & Forecast 2020-2030, Thousand Units
- Others (Telescopic straws, Flexible Straws, etc.)- Market Size & Forecast 2020-2030, Thousand Units
By Distribution Channel
- Offline- Market Size & Forecast 2020-2030, Thousand Units
- Direct Sales (B2B)- Market Size & Forecast 2020-2030, Thousand Units
- Supermarkets and Hypermarkets- Market Size & Forecast 2020-2030, Thousand Units
- Others- Market Size & Forecast 2020-2030, Thousand Units
- Online- Market Size & Forecast 2020-2030, Thousand Units
By End Users
- Food Service Outlets- Market Size & Forecast 2020-2030, Thousand Units
- Restaurants- Market Size & Forecast 2020-2030, Thousand Units
- Cafés and Coffee Shops- Market Size & Forecast 2020-2030, Thousand Units
- Bars and Clubs- Market Size & Forecast 2020-2030, Thousand Units
- Fast Food Chains- Market Size & Forecast 2020-2030, Thousand Units
- Households- Market Size & Forecast 2020-2030, Thousand Units
- Food & Beverage Industries- Market Size & Forecast 2020-2030, Thousand Units
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Who are the Key Market Players in the Straw Market?
In the fast-changing Straw Market, understanding what our competitors are doing is crucial. By carefully analyzing things, we figured out some of the dominating players in the industry. So, the top companies of the Straw market ruling the industry are:
List of Key Companies Profiled:
- Huhtamäki Oyj
- Hoffmaster Group, Inc.
- Transcend Packaging
- Canada Brown Eco Products Ltd
- Alpha Charta d.o.o.
- Footprint
- Tetra Pak Group
- Nippon Paper Industries Co., Ltd.
- Stora Enso Oy
- Bio Agave
- Absolute Custom Extrusions Inc.
- Klean Kanteen
- Simply Straws
- Southeastern Liquid Analyzers Inc.
- Stone Straw Ltd.
- Others
Global Straw Recent Development:
- August 2023: Transcend Packaging has entered into a partnership with Klüber to make paper straws using vegetable lubricant while ensuring the removal of mineral oil aromatic hydrocarbons (MOAH) from the paper straws.
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