Straw Market Trends, Drivers, and Forecast by 2030

straw market which was USD 18.00 billion in 2022, is expected to reach USD 27.35 million by 2030, and is expected to undergo a CAGR of 5.3% during the forecast period of 2023 to 2030

This Straw market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Straw report simplifies managing marketing of goods and services effectively.

Data Bridge Market Research analyses that the global straw market which was USD 18.00 billion in 2022, is expected to reach USD 27.35 million by 2030, and is expected to undergo a CAGR of 5.3% during the forecast period of 2023 to 2030.

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Market Overview:

The global straw market is expected to rise due to some of the factors in the forecast period of 2023 to 2030, are the rise in the consumption of straws, growing of the demand due to the consumption of alcoholic and non-alcoholic beverages and the increase in the number of restaurants, hotels, food stalls, food wagons. Furthermore, the manufacturers are providing the straws that can decompose to decrease the environmental effect of plastic waste is further anticipated to propel the growth of the straw market. In addition, the accessibility of alternative material such as metal, glass, bamboo and silicone for producing the straw is further estimated to cushion the growth of the global straw market.

Some of the major players operating in the Straw market are Hoffmaster Group, Inc. (U.S.), Transcend Packaging (U.K.), Footprint (U.S.), Huhtamaki Oyj (Finland), BYGREEN (South Korea), Royal Paper Industries (U.S.), Canada Brown Eco Products Ltd (Canada), Charta Global (U.S.), Soton Daily Necessities Co., Ltd. (China), Y.W. (China), Tetra Pak International S.A. (Switzerland), YuTong Eco-Technology (SuQian) Co., Ltd (China), ALECO INDUSTRIAL CO., LTD. (Taiwan), Vegware (U.K.), Shakarganj (Pakistan), Pactiv LLC (U.S.), Hellostraw (U.S.), TIPI STRAWS (Spain), strawland (U.S.), Gumi Bamboo (South Korea), BioPak (Australia), Wilbistraw (U.S.), and Sharp Serviettes (India). among others.

Global Straw Market Scope

The global straw market is segmented on the basis of product, straw length, sales channel, and end use. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Plastic
  • Bamboo
  • Metal
  • Paper
  • Glass
  • Silicone
  • Others

Straw Length

  • <9 cm
  • 9-15 cm
  • 16-20 cm
  • >20 cm

Sales Channel

  • Manufacturers
  • Distributors
  • Retailers
  • E-retail

End Use

  • Foodservice
  • Institutional
  • Households

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Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Straw Market Landscape

Part 04: Global Straw Market Sizing

Part 05: Global Straw Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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