Global Bamboo Straws Market, By Length (Up to 9 cm, 15 cm, 20 cm), Application (Beverages, Juices and Drinks, Others), End User (Restaurants, Hotels, Bars and Cafes, Others) - Industry Trends and Forecast to 2029
Market Analysis and Size
Plastic products are supposed to damage our environment at a fast rate. So, the Manufacturers are looking forward to sustainable options to plastic. Straws are extensively used among the people for drinking juice, beverage, or other drinks. Consumers all over the globe use plastic straws. Bamboo is one of the fastest growing plants on earth, making it an ecological material. Bamboo consists of a binding agent called ‘bamboo kun,’ found within its fibers. The application of bamboo kun is to fight against any fungus or parasite that tries to grow on it, making bamboo a hygienic material.
Data Bridge Market Research analyses that the bamboo straws market was valued at USD 347.82 million in 2021 and is expected to reach USD 525.75 million by 2029, registering a CAGR of 5.30 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Length (Up to 9 cm, 15 cm, 20 cm), Application (Beverages, Juices and Drinks, Others), End User (Restaurants, Hotels, Bars and Cafes, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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StrawFree.org (U.S.), Buluh Straws (U.S.), Anji Wuyuan Bamboo Products Factory (China), Zone Bamboo Straws (Netherlands), Simply Straws (U.S.), KCWW (U.S.), Bambu (India), ecostrawz Ltd (U.K.), Koffie Straw (U.S.), Jungle Straws (UK.), Buluh Straws (U.S.), Lakeland Joie (U.S.), Mulled Mind (Europe), Vegware Ltd. (U.K.)
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Market Opportunities
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Market Definition
The bamboo straw is manufactured by the natural bamboo obtained from the plants. The bamboo straws are tasteless and odourless so the consumer can enjoy the drinks without off flavours. Bamboo straws can used in multiple purposes such as cocktail straws or hot drinks like tea, coffee or cold drinks as smoothie straws.
Bamboo Straws Market Dynamics
Drivers
- Best alternative to plastic
Single use plastic straws are completely wasteful and it has thrown away after minutes of use. Every year millions of plastic straws polluting our oceans and end up clogging our landfills. Plastic products not only require hundreds of years to decompose but also cause severe damage to the ecosystem and threaten marine life. Bamboo straws are the alternative of plastic straw because it is durable and can even be used by kids. The bamboo straws are odorless and tasteless, so the consumer can enjoy the drinks without off flavors. Bamboo, being a natural material, increases the demand for bamboo straw in the market, which is expected to drive the market growth rate.
- Rise in demand due to reusability
Bamboo straws can be used many times again and again and it looks great in any drink because bamboo is a natural material. Manufactures bamboo straw won’t last as long as a metal straw, but their cost a fraction of the price and can be used in several other things after they have finished their life as a straw. Due to the reusable feature, bamboo straws can be used hundreds of times over and these straws can be far more economical than nasty plastic alternatives designed to be used once.
Opportunities
According to news published in Economic Times, bamboo straws help reduce the use of single-use plastic straws. Manufacturers are constantly innovating new features in bamboo straw market to stay ahead of competitors. Recently, reusable straws are made of stainless steel or silicone which gives a viable alternative to single use plastic straws but the use of bamboo straws is very eco-friendly than other alternatives. Bamboo straws are creating beneficial opportunities for the growth of the bamboo straws in the market with growing awareness of how harmful single-use plastics are for the environment.
Restraints/ Challenges
Bamboo straws are biodegradable straws, mostly made using bamboo as a base raw material. However, bamboo straws retail at a value much higher than other alternatives of straws in the market, making it very costly to use in restaurants and other applications. Moreover, the High costs associated with the production of bamboo straws make it a major challenge for eco-friendly straw manufacturers. This restrains the bamboo straws market from attaining its full potential.
This bamboo straws market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the bamboo straws market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Bamboo Straws Market
The pandemic of COVID-19 has caused major social and economic upheaval. This pandemic has influence the value chain and supply chain of several businesses. The bamboo straw market is not an exception market. The impact of the COVID-19 pandemic will be analysed on the basis of the overall industry including both the supply and demand side perspectives. Bamboo straws is a sustainable option for the consumer, so the bamboo straw is moderately affected by pandemic. The effects of the pandemic on the bamboo straw market would be studied and analysed for long term as well as short-term scenarios.
Global Bamboo Straws Market Scope
The bamboo straws market is segmented on the basis of length, application and end-user. The growth amongst these segments will help you analyze 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.
Length
- Up to 9 cm
- 15 cm
- 20 cm
Application
- Beverages
- Juices and Drinks
- Others
End User
- Restaurants
- Hotels
- Bars and Cafes
- Others
Bamboo Straws Market Regional Analysis/Insights
The bamboo straws market is analysed and market size insights and trends are provided by country, length, application and end-user as referenced above.
The countries covered in the bamboo straws market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the bamboo straws market in terms of market share during the forecast period. This is due to the increasing demand for bamboo straws in this region. The Asia-Pacific region leads the bamboo straws market due to high production and consumption bamboo straws in this region.
During the projected period, North America is expected to be the fastest developing region due to the rising demand for bamboo straws and increasing manufacturing.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Bamboo Straws Market Share Analysis
The bamboo straws market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to bamboo straws market.
Some of the major players operating in the bamboo straws market are:
- StrawFree.org (U.S.)
- Buluh Straws (U.S.)
- Anji Wuyuan Bamboo Products Factory (China)
- Zone Bamboo Straws (Netherlands)
- Simply Straws (U.S.)
- KCWW (U.S.)
- Bambu (India)
- ecostrawz Ltd (U.K.)
- Koffie Straw (U.S.)
- Jungle Straws (U.K.)
- Buluh Straws (U.S.)
- Lakeland Joie (U.S.)
- Mulled Mind (Europe)
- Vegware Ltd.(U.K.)
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