The Paper Straw Market size is projected to reach a CAGR of 24% from 2022 to 2028.
Paper straw is an alternative to the conventionally used plastic straw. These straws are manufactured in two ways, first one uses virgin kraft paper which is manufactured by the extraction of virgin pulp from the tree and the other is using recycled paper, which is a used material recycled through various processes to generate a new product.
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Raised demand from end user industry and the eco-friendly governmental policies are some of the factors that have supported long-term expansion for Paper Straw Market.
Recent Developments
- In October 2019, Transcend Packaging completed the acquisition of the assets of BioStraw Ltd.
Prominent Players
- Huhtamaki
- Footprint
- Hoffmaster Group, Inc.
- OkStraw Paper Straws
- Tetra Pak
- Hello Straw
- Bygreen
- Nippon Paper Group
- Canada Brown Eco Products Ltd.
- Shenzhen Grizzlies Industries Co., Ltd.
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Europe to Dominate the Market
Europe is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the increased demand from end user in the region.
Paper Straw Market Segmentation:
On the basis Material Type
· Virgin paper
· Recycled paper
On the basis of Product Type
· Printed
· Non-printed
On the basis of Straw Length
· <5.75 inches
· 5.75-7.75 inches
· 7.75-8.5 inches
· 8.5-10.5 inches
· >10.5 inches
On the basis of Straw Diameter
· <0.15 inches
· 0.15 – 0.196 inches
· 0.196 – 0.25 inches
· 0.25 – 0.4 inches
· >0.4 inches
On the basis of End Use
· Foodservice
· Institutional
· Household
Based on region:
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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