Global Paper Straw Market Size study & Forecast, by Material (Virgin Paper, Recycled Paper), by Application (Foodservice, Households, Institutions), and Regional Analysis, 2023-2030

Description

List of Tables

Global Paper Straw Market is valued approximately at USD 1,377.6 Million in 2022 and is anticipated to grow with a healthy growth rate of more than 21.93% over the forecast period 2023-2030. A paper straw is a cylindrical utensil made from renewable paper materials, engineered to provide a convenient and sustainable option for savoring beverages. Unlike traditional plastic straws, this eco-conscious alternative minimizes environmental impact by decomposing naturally and avoiding the accumulation of non-biodegradable waste. Its sturdy composition allows for efficient liquid consumption while prioritizing the preservation of our ecosystems and the well-being of marine life, making it an essential choice for individuals committed to protecting our planet and embracing eco-friendly practices.

According to Statscan, during the first half of 2022, a significant growth trend was observed in the food service and drinking places industry in Canada. This trend is evidenced by the increase in sales value from USD 3.32 billion in January 2022 to USD 5.79 billion in July 2022. The surge in food and beverage sales directly contributes to the rising demand for paper straws in food and drinking establishments throughout the country. This upward movement in sales highlights the increased adoption of sustainable alternatives like paper straws in response to growing environmental concerns and consumer preferences for eco-friendly options. Moreover, the rising trend in online food ordering and high usage of paper straws in the hospitals for intake of liquid medications is expected to create abundant opportunities. However, the high cost of Paper Straw and availability of low cost substitutes stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Paper Straw Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with the largest market share owing to its developed food and beverage industry, robust supply chain and availability of paper straw manufacturers and suppliers, and supportive government policies and initiatives to promote environment friendly products. However, Asia Pacific is expected to become the fastest growing region during the forecast period, owing to factors such as growing foodservice industry, increasing environmental awareness, increasing tourism and hospitality sector, including hotels, resorts, and restaurants, who are increasingly opting for paper straws to meet the expectations of eco-conscious travellers and maintain their sustainability credentials.

Major market player included in this report are:

UFlex Limited
Hoffmaster Group Inc.
Huhtamaki OYJ
Soton Daily Necessities Co. Ltd.
Canada Brown Eco Products Ltd.
IPI SRL
Transcend Packaging Ltd.
Fuling Global Inc.
Tetra Pak International SA
Karat by Lollicup

Recent Developments in the Market:

In July 2022, SIG India, a prominent system and solution provider for aseptic carton packaging, recently introduced a comprehensive lineup of recyclable paper straws. This launch signifies the company's commitment to providing sustainable alternatives in the packaging industry.
In April 2022, Ulfex, a company specializing in sustainable packaging solutions, recently unveiled its U-Shape Paper Straw. With an ambitious production target, Ulfex aims to manufacture 100 million straws in the first month, followed by a staggering 200 million straws in the subsequent months.

Global Paper Straw Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Material, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Material:

Virgin Paper
Recycled Paper

By Application:

Foodservice
Households
Institutions

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. Paper Straw Market, by region, 2020-2030 (USD Million)
- 1.2.2. Paper Straw Market, by Material, 2020-2030 (USD Million)
- 1.2.3. Paper Straw Market, by Application, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Paper Straw Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Paper Straw Market Dynamics

3.1. Paper Straw Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Growing Food and Beverage Industry
  - 3.1.1.2. Increasing demand for environment-friendly products
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Paper Straw
  - 3.1.2.2. Availability of low cost substitutes
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising trend in online food ordering
  - 3.1.3.2. High usage of paper straws in hospitals for intake of liquid medications

Chapter 4. Global Paper Straw Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Paper Straw Market, by Material

5.1. Market Snapshot
5.2. Global Paper Straw Market by Material, Performance - Potential Analysis
5.3. Global Paper Straw Market Estimates & Forecasts by Material 2020-2030 (USD Million)
5.4. Paper Straw Market, Sub Segment Analysis
- 5.4.1. Virgin Paper
- 5.4.2. Recycled Paper

Chapter 6. Global Paper Straw Market, by Application

6.1. Market Snapshot
6.2. Global Paper Straw Market by Application, Performance - Potential Analysis
6.3. Global Paper Straw Market Estimates & Forecasts by Application 2020-2030 (USD Million)
6.4. Paper Straw Market, Sub Segment Analysis
- 6.4.1. Foodservice
- 6.4.2. Households
- 6.4.3. Institutions

Chapter 7. Global Paper Straw Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Paper Straw Market, Regional Market Snapshot
7.4. North America Paper Straw Market
- 7.4.1. U.S. Paper Straw Market
  - 7.4.1.1. Material breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Paper Straw Market
7.5. Europe Paper Straw Market Snapshot
- 7.5.1. U.K. Paper Straw Market
- 7.5.2. Germany Paper Straw Market
- 7.5.3. France Paper Straw Market
- 7.5.4. Spain Paper Straw Market
- 7.5.5. Italy Paper Straw Market
- 7.5.6. Rest of Europe Paper Straw Market
7.6. Asia-Pacific Paper Straw Market Snapshot
- 7.6.1. China Paper Straw Market
- 7.6.2. India Paper Straw Market
- 7.6.3. Japan Paper Straw Market
- 7.6.4. Australia Paper Straw Market
- 7.6.5. South Korea Paper Straw Market
- 7.6.6. Rest of Asia Pacific Paper Straw Market
7.7. Latin America Paper Straw Market Snapshot
- 7.7.1. Brazil Paper Straw Market
- 7.7.2. Mexico Paper Straw Market
7.8. Middle East & Africa Paper Straw Market
- 7.8.1. Saudi Arabia Paper Straw Market
- 7.8.2. South Africa Paper Straw Market
- 7.8.3. Rest of Middle East & Africa Paper Straw Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. UFlex Limited
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. Hoffmaster Group Inc.
- 8.3.3. Huhtamaki OYJ
- 8.3.4. Soton Daily Necessities Co. Ltd.
- 8.3.5. Canada Brown Eco Products Ltd.
- 8.3.6. IPI SRL
- 8.3.7. Transcend Packaging Ltd.
- 8.3.8. Fuling Global Inc.
- 8.3.9. Tetra Pak International SA
- 8.3.10. Karat by Lollicup

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Paper Straw Market, report scope
TABLE 2. Global Paper Straw Market estimates & forecasts by Region 2020-2030 (USD Million)
TABLE 3. Global Paper Straw Market estimates & forecasts by Material 2020-2030 (USD Million)
TABLE 4. Global Paper Straw Market estimates & forecasts by Application 2020-2030 (USD Million)
TABLE 5. Global Paper Straw Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 6. Global Paper Straw Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 7. Global Paper Straw Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 8. Global Paper Straw Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 9. Global Paper Straw Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 10. Global Paper Straw Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 11. Global Paper Straw Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 12. Global Paper Straw Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 13. Global Paper Straw Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 14. Global Paper Straw Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 15. U.S. Paper Straw Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 16. U.S. Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 17. U.S. Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 18. Canada Paper Straw Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 19. Canada Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 20. Canada Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 21. UK Paper Straw Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 22. UK Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 23. UK Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 24. Germany Paper Straw Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 25. Germany Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 26. Germany Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 27. France Paper Straw Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 28. France Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 29. France Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 30. Italy Paper Straw Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 31. Italy Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 32. Italy Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 33. Spain Paper Straw Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 34. Spain Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 35. Spain Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 36. RoE Paper Straw Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 37. RoE Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 38. RoE Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 39. China Paper Straw Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 40. China Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 41. China Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 42. India Paper Straw Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 43. India Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 44. India Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 45. Japan Paper Straw Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 46. Japan Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 47. Japan Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 48. South Korea Paper Straw Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 49. South Korea Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 50. South Korea Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 51. Australia Paper Straw Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 52. Australia Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 53. Australia Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 54. RoAPAC Paper Straw Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 55. RoAPAC Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 56. RoAPAC Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 57. Brazil Paper Straw Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 58. Brazil Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 59. Brazil Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 60. Mexico Paper Straw Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 61. Mexico Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 62. Mexico Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 63. RoLA Paper Straw Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 64. RoLA Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 65. RoLA Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 66. Saudi Arabia Paper Straw Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 67. South Africa Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 68. RoMEA Paper Straw Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 69. List of secondary sources, used in the study of global Paper Straw Market
TABLE 70. List of primary sources, used in the study of global Paper Straw Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Paper Straw Market, research methodology
FIG 2. Global Paper Straw Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Paper Straw Market, key trends 2022
FIG 5. Global Paper Straw Market, growth prospects 2023-2030
FIG 6. Global Paper Straw Market, porters 5 force model
FIG 7. Global Paper Straw Market, pest analysis
FIG 8. Global Paper Straw Market, value chain analysis
FIG 9. Global Paper Straw Market by segment, 2020 & 2030 (USD Million)
FIG 10. Global Paper Straw Market by segment, 2020 & 2030 (USD Million)
FIG 11. Global Paper Straw Market by segment, 2020 & 2030 (USD Million)
FIG 12. Global Paper Straw Market by segment, 2020 & 2030 (USD Million)
FIG 13. Global Paper Straw Market by segment, 2020 & 2030 (USD Million)
FIG 14. Global Paper Straw Market, regional snapshot 2020 & 2030
FIG 15. North America Paper Straw Market 2020 & 2030 (USD Million)
FIG 16. Europe Paper Straw Market 2020 & 2030 (USD Million)
FIG 17. Asia pacific Paper Straw Market 2020 & 2030 (USD Million)
FIG 18. Latin America Paper Straw Market 2020 & 2030 (USD Million)
FIG 19. Middle East & Africa Paper Straw Market 2020 & 2030 (USD Million)