MarkNtel Advisors analyses the growth rate of the Straw market in the forecast period from 2025 to 2030. In addition to comprehensive market insights such as market value, growth rate, market segmentation, key market players, and market dynamic. This detailed analysis aims to provide valuable information for stakeholders in the Straw market, helping them make informed decisions.
Market Outlook – 2025-2030:
The Global Straw Market size was valued at USD 16.93 Billion in 2024 and is projected to reach USD 24.26 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.18% during the forecast period, i.e., 2025-30. The global market for straw currently unearths itself in a transitional section, as the previously dominant plastic straws are gradually losing their position. This is in particular attributed to the upward thrust of environmental tasks and authorities’ policies prohibiting or proscribing single-use plastic merchandise, which includes plastic straws. Since plastic straws are substantially contributing to plastic waste and pose threats to marine life. It is anticipated that single-use plastic straws account for about 4% of the plastic waste by piece and around 2,000 tons of plastic waste, enter the ocean annually.
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Key Company Profiles
This report explores recent significant developments in the Straw Market, focusing on the leading companies and their innovative profiles. The major players in the Straw Market, featured in this report, include:
- Huhtamäki Oyj
- Hoffmaster Group, Inc.
- Transcend Packaging
- Canada Brown Eco Products Ltd
- Alpha Charta d.o.o.
- Footprint
- Tetra Pak Group
- Nippon Paper Industries Co., Ltd.
- Stora Enso Oy
- Bio Agave
- Absolute Custom Extrusions Inc.
- Klean Kanteen
- Simply Straws
- Southeastern Liquid Analyzers Inc.
- Stone Straw Ltd.
- Others
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Market Segmentation & Coverage
This research report by MarkNtel Advisors categorizes the Straw Market to forecast revenues and analyse trends across each of the following sub-markets:
- By Type
- Plastic Straws- Market Size & Forecast 2020-2030, Thousand Units
- Metal Straws- Market Size & Forecast 2020-2030, Thousand Units
- Paper Straws- Market Size & Forecast 2020-2030, Thousand Units
- Bamboo Straws- Market Size & Forecast 2020-2030, Thousand Units
- Silicone Straws- Market Size & Forecast 2020-2030, Thousand Units
- Others (Glass Straws, PLA straws, etc.) – Market Size & Forecast 2020-2030, Thousand Units
Considering the segmentation analysis of the Global Straw Market by type, the paper straws segment is currently leading the market.
- By Straw Length
- <9 cm- Market Size & Forecast 2020-2030, Thousand Units
- 9-15 cm- Market Size & Forecast 2020-2030, Thousand Units
- 16- 20 cm- Market Size & Forecast 2020-2030, Thousand Units
- >20 cm- Market Size & Forecast 2020-2030, Thousand Units
- By Material
- Biodegradable- Market Size & Forecast 2020-2030, Thousand Units
- Non-Biodegradable- Market Size & Forecast 2020-2030, Thousand Units
- By Shape
- Straight Straws- Market Size & Forecast 2020-2030, Thousand Units
- Bent or Curved Straws- Market Size & Forecast 2020-2030, Thousand Units
- Twist Straws- Market Size & Forecast 2020-2030, Thousand Units
- Others (Telescopic straws, Flexible Straws, etc.)- Market Size & Forecast 2020-2030, Thousand Units
- By Distribution Channel
- Offline- Market Size & Forecast 2020-2030, Thousand Units
- Direct Sales (B2B)- Market Size & Forecast 2020-2030, Thousand Units
- Supermarkets and Hypermarkets- Market Size & Forecast 2020-2030, Thousand Units
- Others- Market Size & Forecast 2020-2030, Thousand Units
- Online- Market Size & Forecast 2020-2030, Thousand Units
- Offline- Market Size & Forecast 2020-2030, Thousand Units
- By End Users
- Food Service Outlets- Market Size & Forecast 2020-2030, Thousand Units
- Restaurants- Market Size & Forecast 2020-2030, Thousand Units
- Cafés and Coffee Shops- Market Size & Forecast 2020-2030, Thousand Units
- Bars and Clubs- Market Size & Forecast 2020-2030, Thousand Units
- Fast Food Chains- Market Size & Forecast 2020-2030, Thousand Units
- Households- Market Size & Forecast 2020-2030, Thousand Units
- Food & Beverage Industries- Market Size & Forecast 2020-2030, Thousand Units
- Food Service Outlets- Market Size & Forecast 2020-2030, Thousand Units
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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What are the primary factors driving the growth of the Straw market?
Growth of Food Service Outlets Driving Market Demand – The adoption of paper straws and other sustainable straws replaces plastic straws. However, the growth in the overall Straw Market will come from the growth in food service outlets. This is primarily due to the extensive consumption of drinks and beverages in restaurants, café and coffee shops, bars & clubs, and fast food chains. In these food service outlets, drinks are generally served in a cup with a straw. This leads to the extensive consumption of single-use plastic straws. For example, Tim Hortons, a large multinational coffee and quick-service restaurant chain, uses an astonishing 300 million straws each year in its restaurant locations across Canada.
As the food service market continues to grow, the demand for straws will increase in tandem. Major global food service outlets (for example, Starbucks, Tim Hortons, Dunkin’, McDonald’s, and Burger King) have announced their growth strategy for the future, which will feature substantial store growth in new and developing markets around the world. Specifically, these companies intend to open more stores in the rapidly developing Asia-Pacific Region, which hosts immediate and emerging economies (Indian and Chinese economies, respectively). Likewise, the Asia-Pacific region represents a large population base, expanding middle class, and increasing disposable income. These are significant points that outline the healthy future growth potential of the Straw Market.
Key Questions Addressed:
- Market Size and Growth Projections: What is the current size of the market, and how is it expected to grow?
- Investment Opportunities: Which products, segments, and regions present the most attractive investment opportunities?
- Technology Trends and Regulatory Influences: What are the prevailing technology trends and regulatory factors influencing the market?
- Competitive Ranking: How do top vendors rank regarding market share and competitive positioning?
- Revenue Sources and Strategic Opportunities: What revenue sources and strategic opportunities guide vendors’ market entry or exit decisions?
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- https://reporttok.blogspot.com/2025/01/global-thermoform-packaging-market-is.html
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