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    Paper Straw Market Report

    Paper Straw Market Report
    Report code - SRCG217 Delivery - 2 Weeks
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    Paper Straw Market Size, Share, Trend, Forecast, & Industry Analysis – 2021-2026 See more...

    Impact of COVID-19 on Paper Straw Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Paper Straw Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Paper Straw Market Insights

    Paper straw market is likely to witness an impressive CAGR of 22.9% during the forecast period. The increasing demand for paper straw is mainly due to its usage in various applications such as foodservice, institutional, and household industries, which is a key driving factor bolstering the growth of the paper straw market across the world.

    Paper Straw Market – Snapshot

    Growth

    22.9% for the next five years

    Major Material Type

    Virgin Paper

    Major Product Type

    Non-Printed

    Major Straw Length Type

    7.75-8.5 inches

    Fastest-Growing Straw Diameter Type

    <0.15 inches

    Dominant Application Type

    Foodservice

    Region with the highest growth

    Europe

    Key Players

    Biopak, Bygreen, Canada Brown Eco Products Ltd, Charta Global, Footprint, Fuling Global Inc., Hoffmaster Group, Inc., Huhtamaki OYJ, Royal Paper Industries, and Transcend Packaging Ltd.

     

    Market Share Analysis

    Paper-Straw-Market-Dominant-Segments

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    Paper Straw Market Share: By Material Type

    Based on the material type, the market is segmented as virgin paper and recycled paper. The virgin paper segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period. Straws made by virgin paper are reliable, strong, have higher absorbency rates, and are of better quality and more effective, which decreases wastage, as consumers do not have to use more than one straw for a single-use.

    Paper Straw Market Share: By Product Type

    Based on the product type, the market is segmented as printed and non-printed. The non-printed segment is expected to remain dominant as well as the faster-growing segment during the forecast period owing to the harmful effects of printed straws, as it leaves some effluents of ink and dye in the consumables, which is the major reason for the increasing demand for non-printed straws.

    Paper Straw Market Share: By Straw Length Type

    Based on the straw length type, the market is segmented as <5.75 inches, 5.75-7.75 inches, 7.75-8.5 inches, 8.5-10.5 inches, and >10.5 inches. The 7.75-8.5 inches segment is expected to remain dominant in the market during the forecast period. 7.75 inches is the most preferred and standard length of straws which is used in most of the applications. The ideal length for regular glasses and cups used for soda, cocktails, smoothies, iced tea, milkshakes, and bubble tea is around 7 inches.

    Paper Straw Market Share: By Application Type

    Based on the application type, the paper straw market is segmented as foodservice, hotels, institutional, and household. The foodservice segment leads the market owing to avoidance or ban of the use of plastic straws and other single-use disposable items, which is contributing to the adoption of eco-friendly alternatives for single-use disposable products.

    Paper Straw Market Share: By Region

    In terms of regions, Europe is estimated to be the fastest growing paper straw market during the forecast period, with Germany and the UK being the major countries owing to, huge usage of straws in the foodservice industry in European countries. The paper straw market is mainly driven due to stringent regulations of regarding ban on single-use plastic disposals and to decrease the impact of plastics from environment.

    Paper-Straw-Market-By-Region

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    Some of the major paper straw manufacturers are-

    • Biopak
    • Bygreen
    • Canada Brown Eco Products Ltd
    • Charta Global
    • Footprint
    • Fuling Global Inc.
    • Hoffmaster Group, Inc.
    • Huhtamaki OYJ
    • Royal Paper Industries
    • Transcend Packaging Ltd.

     

    Market Scope & Segmentation

    Paper straw are great substitute to single-use plastic straws. These are biodegradable and can be recycled so it leaves no impact on environment like plastics. They are made of either virgin paper or recycled paper.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Paper Straw Market Research Report - Features

    Market Segmentation

    6

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The paper straw market is segmented into the following categories. 

    Paper Straw Market Size, Share, & Forecast, by Material Type:

    • Virgin Paper (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Recycled Paper (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Paper Straw Market Size, Share, & Forecast, by Product Type:

    • Printed (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Non-Printed (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Paper Straw Market Size, Share, & Forecast, by Straw Length Type:

    • <5.75 Inches (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • 5.75-7.75 Inches (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • 7.75-8.5 Inches (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • 8.5-10.5 Inches (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • >10.5 Inches (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Paper Straw Market Size, Share, & Forecast, by Straw Diameter Type:

    • <0. 15 Inches (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • 0.15 - 0.196 Inches (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • 0.196 - 0.25 Inches (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • 0.25 - 0.4 Inches (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • >0.4 Inches (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Paper Straw Market Size, Share, & Forecast, by Application Type:

    • Foodservice (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Hotels (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Institutional (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Household (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Paper Straw Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Paper-Straw-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the material types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The paper straw market is expected to witness an impressive growth of 22.9% CAGR in the foreseeable future.

    Biopak, Bygreen, Canada Brown Eco Products Ltd, Charta Global, Footprint, Fuling Global Inc., Hoffmaster Group, Inc., Huhtamaki OYJ, Royal Paper Industries, and Transcend Packaging Ltd are among the key players in the paper straw market.

    Europe is expected to be the fastest growing paper straw market during the next five years.

    The virgin paper segment is expected to remain dominant in the paper straw market in the coming years.

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