Paper Straw Market Growth Worth $9.70 Billion By 2032 ,CAGR:18.6%

Paper Straw Market Size Worth $9.70 Billion By 2032 | CAGR: 18.6%


The global paper straw market size is expected to reach USD 9.70 billion by 2032, according to a new study by Polaris Market Research. The report “Paper Straw Market Share, Size, Trends, Industry Analysis Report, By Material (Virgin Paper, Recycled Paper), By Product Type (Non-Printed, Printed), By Straw Length, By Diameter, By Sales Channel, By End-use, By Region, And Segment Forecasts, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The growing global awareness & apprehension regarding the environmental consequences of plastic waste have generated an increasing demand for the sustainable alternatives. Paper straws, recognized as an eco-friendly option, offer biodegradability and composability. Government regulations & bans on the single-use plastics, including plastic straws, have compelled industries such as food-service, food processing, & hospitality to transition to paper straws to adhere to legislative requirements. This shift in demand has created a substantial market opportunity for manufacturers of paper straws.

The rising demand for sugar-free beverages is anticipated to drive market growth. Recent statistics from the IGD ShopperVista Health reveal that approximately 85% of the consumers in 2022 are prioritizing healthy eating, with a focus on drinking more fluids (25%) or reducing sugar intake (27% of people). To cater to this trend, companies like Dabur & Tetra Laval Pack collaborated in 2020 to introduce a range of low-calorie juices, aligning their product offerings with the increasing consumer preference for healthier beverage options.

Paper Straw Market Size, Share

Do you have any questions? Would you like to request a sample or make an inquiry before purchasing this report? Simply click the link below: https://www.polarismarketresearch.com/industry-analysis/paper-straw-market/request-for-sample

The COVID-19 pandemic brought about mixed impacts on the market. The closure of food establishments during lockdowns led to a decrease in the demand for paper straws because of reduced activity in restaurants, cafes, and similar venues. However, the heightened emphasis on hygiene and safety during the pandemic has created a positive influence. The increased focus on single-use items and individually wrapped products, driven by safety concerns, has proven advantageous for paper straws. These straws are often provided in individual packaging, promoting cleanliness, and minimizing the risk of contamination, aligning with the changing consumer preferences during the pandemic.

Paper Straw Market Report Highlights

  • Virgin paper held the largest share, as it offers superior strength and higher durability compared to the recycled paper
  • <0.15 inches will grow at the rapid pace, as there is growing awareness among on the use of paper straws
  • North America dominated the market, owing to stringent government rules and ban on plastic use
  • The global players include Hoffmaster Group, Huhtamaki, BioPak, Novolex, Footprint, Matrix pack, Strawland, Tetra Laval, Transcend Packaging

Polaris Market Research has segmented the paper straw market report based on material, product type, straw length, diameter, sales channel, end use, and region:

Paper Straw, Material Outlook (Revenue - USD Billion, 2019 - 2032)

  • Virgin Paper
  • Recycled Paper

Paper Straw, Product Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Non-printed
  • Printed

Paper Straw, Straw Length Outlook (Revenue - USD Billion, 2019 - 2032)

  • <5.75 inches
  • 5.75-7.75 Inches
  • 7.75-8.5 Inches
  • 8.5-10.5 Inches
  • >10.5 Inches

Paper Straw, Diameter Outlook (Revenue - USD Billion, 2019 - 2032)

  • <0.15 Inches
  • 0.15 - 0.196 Inches
  • 0.196 - 0.25 Inches
  • 0.25 - 0.4 Inches
  • >0.4 Inches

Paper Straw, Sales Channel Outlook (Revenue - USD Billion, 2019 - 2032)

  • B2B
  • B2C

Paper Straw, End Use Outlook (Revenue - USD Billion, 2019 - 2032)

  • Foodservice
  • Institutional
  • Household
  • Food Processing Industry

Paper Straw, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

Paper Straw Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 2.48 billion

Revenue forecast in 2032

USD 9.70 billion

CAGR

18.6% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2024 to 2032

Segments covered

By Material, Product Type, By Straw Length, Diameter, Sales Channel, End Use, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region, and segmentation.

For Specific Research Requirements

Request for Customized Report