Global Eco Friendly Straws Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 10.04 Billion |
Market Size (Forecast Year) |
USD 17.46 Billion |
CAGR |
|
Major Markets Players |
Global Eco-Friendly Straws Market, By Product Type (Straight Straw, Printed, Non-printed, Flexible Straw), Material (Paper, Virgin Craft Paper, Recycled Paper, Pasta, Glass, Bamboo, Polylactic Acid (PLA), Metal), Straw Width/Diameter ( 15 mm), End-Use (Food Service, Hotels & Logistics, Bars & Lounges, Cafes & Fast Food Outlets, Cinemas, Airline & Railway Catering, Institutional, Educational, Healthcare, Corporate, Household), Distribution Channel (Manufacturers (Direct Sales), Distributors, Retailers, Hypermarkets, Supermarkets, Convenience Stores, Specialty Stores, Discount Stores & Warehouse/Wholesale Clubs, E-retail) - Industry Trends and Forecast to 2030.
Eco-Friendly Straws Market Analysis and Size
The essential factors contributing to the growth of the global eco-friendly straws market in the forecast period of 2023 to 2020 include increasing awareness for environment protection, and stringent regulatory changes and approvals. Innovations and advancements in materials also acts as an opportunity for the global eco-friendly straws market growth.
Data Bridge Market Research analyses that the global eco-friendly straws market which was USD 10.04 billion in 2022, is expected to reach USD 17.46 billion by 2030, growing at a CAGR of 7.2% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Eco-Friendly Straws Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015-2020) |
Quantitative Units |
Revenue in USD billion, Volumes in Units, Pricing in USD |
Segments Covered |
Product Type (Straight Straw, Printed, Non-printed, Flexible Straw), Material (Paper, Virgin Craft Paper, Recycled Paper, Pasta, Glass, Bamboo, Polylactic Acid (PLA), Metal), Straw Width/Diameter (< 7 mm, 7-10 mm, 10-15 mm, > 15 mm), End-Use (Food Service, Hotels & Logistics, Bars & Lounges, Cafes & Fast Food Outlets, Cinemas, Airline & Railway Catering, Institutional, Educational, Healthcare, Corporate, Household), Distribution Channel (Manufacturers (Direct Sales), Distributors, Retailers, Hypermarkets, Supermarkets, Convenience Stores, Specialty Stores, Discount Stores & Warehouse/Wholesale Clubs, E-retail) |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa |
Market Players Covered |
Aardvark Straws (U.S.), Vegware (U.K.), TIPI STRAWS (Thailand), OkStraw Paper Straws (China), BioPak (Australia), Biotrem (Poland), Natural Tableware (Netherlands), Eco-Products, Inc. (U.S.), PAPSTAR GmbH (Germany), SOLIA (France), Al Bayader International (Jordan), Biodegradable Store (U.K.), Fuling Global Inc. (China), Stora Enso (Finland), and Susty Party (U.S.) |
Market Opportunities |
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Market Definition
Eco-friendly straws are alternatives to traditional plastic straws, designed to reduce the environmental impact associated with single-use plastics. These straws are typically made from sustainable and biodegradable materials, such as paper, bamboo, metal, glass, or various plant-based plastics. They aim to address concerns about plastic pollution, which can harm marine life and ecosystems.
Global Eco-Friendly Straws Market Dynamics
Drivers
- Increasing Awareness for Environment Protection
Increased awareness of the environmental impact of plastic pollution has led consumers and businesses to seek sustainable alternatives. Many people are making eco-conscious choices, such as using eco-friendly straws, to reduce plastic waste. This is expected to act as a primary driver for the growth of eco-friendly straws industry.
- Stringent Regulatory Changes and Approvals
Governments and regulatory bodies in many regions are implementing bans or restrictions on single-use plastic products, including plastic straws. These regulations encourage the use of eco-friendly alternatives including eco-friendly straws
Opportunities
- Innovations and Advancements in Materials
Advances in materials science have led to the development of new, more sustainable materials for eco-friendly straws, such as biodegradable plastics, plant-based materials, and reusable options made from bamboo, metal, or glass.
- Collaboration and Partnerships
Collaboration between eco-friendly straw manufacturers, beverage companies, restaurants, and retailers has expanded the availability and accessibility of these products. Partnerships help promote eco-friendly alternatives to a broader audience.
Restraints/Challenges
- Higher Cost as Compare to Conventional Straws
Eco-friendly straws, such as paper or plant-based alternatives, can be more expensive to produce than traditional plastic straws. This can deter some businesses and consumers from switching to these alternatives.
- Limited Durability
Some eco-friendly straws, like paper or pasta straws, may not be as durable as plastic straws. They can break or become soggy when exposed to liquids for an extended period, which can affect user experience.
This global eco-friendly 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 global eco-friendly 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.
Recent Development
- In October 2020, a new law came into effect in England. The new rules states that one must stop supplying single-use plastic straws, cotton buds, and drink stirrers in England from 1 October 2020, except for exempt uses. This ban covers all plastic and bioplastic straws
Global Eco-Friendly Straws Market Scope
The global eco-friendly straws market is segmented on the basis of product type, material, straw width/diameter, end-use, and distribution channel. 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.
Product Type
- Straight Straw
- Printed
- Non-printed
- Flexible Straw
Material
- Paper
- Virgin Craft Paper
- Recycled Paper
- Pasta
- Glass
- Bamboo
- Polylactic Acid (PLA)
- Metal
Straw Width/Diameter
- < 7 mm
- 7-10 mm
- 10-15 mm
- > 15 mm
End-Use
- Food Service
- Hotels & Logistics
- Bars & Lounges
- Cafes & Fast Food Outlets
- Cinemas
- Airline & Railway Catering
- Institutional
- Educational
- Healthcare
- Corporate
- Household
Distribution Channel
- Manufacturers (Direct Sales)
- Distributors
- Retailers
- Hypermarkets
- Supermarkets
- Convenience Stores
- Specialty Stores
- Discount Stores & Warehouse/Wholesale Clubs
- E-retail
Global Eco-Friendly Straws Market Analysis/Insights
The global eco-friendly straws market is analyzed and market size insights and trends are provided by product type, material, straw width/diameter, end-use, and distribution channel as referenced above.
The countries covered in the global eco-friendly straws market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
Asia-Pacific is expected to dominate the global eco-friendly straws market due to the rising demand for eco-friendly straws from various end-users.
North America is expected to witness the fastest growth during the forecast period of 2023 to 2030 because of the increasing consumer preferences towards reusable and recyclable products in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts 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 Global Eco-friendly Straws Market Share Analysis
The global eco-friendly 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 global eco-friendly straws market.
Some of the major players operating in the global eco-friendly straws market are:
- Aardvark Straws (U.S.)
- Vegware (U.K.)
- TIPI STRAWS (Thailand)
- OkStraw Paper Straws (China)
- BioPak (Australia)
- Biotrem (Poland)
- Natural Tableware (Netherlands)
- Eco-Products, Inc. (U.S.)
- PAPSTAR GmbH (Germany)
- SOLIA (France)
- Al Bayader International (Jordan)
- Biodegradable Store (U.K.)
- Fuling Global Inc. (China)
- Stora Enso (Finland)
- Susty Party (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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