For an effectual business growth, companies must adopt market research report service which has become quite vital in this rapidly changing marketplace. Global Paper Straw Market research report is generated with a nice blend of industry insight, talent solutions, practical solutions and use of technology to advance user experience. The report puts light on many aspects related to Inotropic Agents industry and market. Market definition, market segmentation, competitive analysis and research methodology are the major topics covered in this report. It gives details about market drivers and market restraints which can help businesses in guessing about reducing or increasing the production of particular product.

 

Data Bridge Market Research analyses that the paper straw market was valued at USD 847.04 million in 2021 and is expected to reach USD 3723.02 million by 2029, registering a CAGR of 20.33 % during the forecast period of 2022 to 2029.

 

 

 

Paper straws are becoming more and more popular during current situation due to increase the awareness about sustainability and plastic straws become the target of growing government regulations. All across the globe, several countries are moving towards the use of paper straws instead of plastic because choosing paper over plastic as an eco-friendly alternative. Food and beverage industry has witnessed for the significant growth and rapid development of the paper straw market due to the increase in many catering services, restaurants, hotels, food wagons, and food stalls serving millions of customers.

 

 

Footprint (US)

 

Hoffmaster Group, Inc. (US)

 

Transcend Packaging Ltd. (UK)

 

Huhtamaki Oyj (Finland)

 

Fuling Global Inc. (China)

 

Tipi Straws (UK)

 

Canada Brown Eco Products Ltd (China)

 

Bygreen (Australia)

 

Soton Daily Necessities Co., Ltd. (China)

 

YuTong Eco-Technology (SuQian) Co., Ltd (China)

 

Ningbo Jiangbei Shenyu Industry and Trade Co., Ltd. (China)

 

Shenzhen Grizzlies Industries Co., LTD (China)

 

Lollicup USA, Inc. (US)

 

Biopak (UK)

 

Charta Global (US)

 

Y.W., Focus Technology Co., Ltd. (China)

 

ALECO INDUSTRIAL CO., LTD. (China)

 

Vegware, Ltd (UK)

 

Aardvark Straws (US)

 

strawland (Indonesia)

 

OkStraw Paper Straws (US)

 

Sharp Serviettes (New Zealand)

 

 

 

 

 

The food industry is the main consumer of the paper straws. Due to rapid urbanization and increasing population upsurge, the number of food eateries and outlets increases the demand of paper straw and is expected to drive the growth of the paper straw market.

 

 

Paper straws are the primary choice for most stores because they can be easily decomposed, recycled, and easy to use. A single paper straw can be used for 25 to 30 years. It does not harm the environment. The use of paper straw is completely environment friendly.

 

 

The demand of paper straws increases due to the ban for plastic straws in several countries which has accelerated the growth of paper straws market. The customer demand for durable and sustainable alternatives to plastic straws is expected to gain traction during the forecast period.

 

Rise in the number of government initiatives for spreading consumer awareness The paper straw market is expected to rise due to increasing government initiatives to spread consumer awareness for using paper straw. With the rise in government activities and strict rules and regulations to raise awareness about paper straw, the market is being pushed by augmented the demand for paper straw from various industries, including hotels, malls, and many stores.

 

 

Paper straws offer many opportunities for companies to start the production of these straws as an alternative to plastic. New paper straw startups are popping up and Sales are skyrocketing everywhere to help the meet demand. Companies encouraging the use of recyclable paper straws and national governments are slowly banning on the use of plastic in commercial packaging. Several countries are banning the use of straws. Therefore, paper straws are replacing plastic straws in the different markets. With a lack of biodegradable options, the paper straws have the opportunity to lead the paper straw market vacated by plastic straws.

 

 

The cost of paper straws currently more than the cost of plastic straws. The initial cost of paper straws is not currently higher, but because the paper straws are not as long lasting and durable as plastic straws, the customers often ask the shopkeeper for more than one straw during their visit. The durability of a paper straw will depend on the producer, but it is less than the plastic straws. So, these major market restrains will hinder the market's growth rate.

 

This paper straw 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 paper straw market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

 

Browse More About This Research Report @ https://www.databridgemarketresearch.com/reports/global-paper-straws-market

 

 

Chapter 1: Market overview

 

Chapter 2: Global Paper Straw Market

 

Chapter 3: Regional analysis of the Global Paper Straw Market industry

 

Chapter 4:Global Paper Straw Market segmentation based on types and applications

 

Chapter 5: Revenue analysis based on types and applications

 

Chapter 6: Market share

 

Chapter 7: Competitive Landscape

 

Chapter 8: Drivers, Restraints, Challenges, and Opportunities

 

Chapter 9: Gross Margin and Price Analysis

 

Get the Full Table of Contents @  https://www.databridgemarketresearch.com/toc/?dbmr=global-paper-straws-market

 

 

 

 

 

 

 

 

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