NEW YORK, Oct. 24, 2022 /PRNewswire/ -- The global paper straw market has been categorized as a part of the global paper products market within the materials industry. The parent global paper products market covers manufacturers of all grades of paper. The market excludes companies specializing in paper packaging. The growth of the global paper products market will be driven by factors such as the growth of the global commercial beverage dispenser market, rising demand for tetra pack products, and growth of the global commercial foodservice market. Some of the key issues faced by the global paper products market include the volatility of raw material prices, stringent regulatory compliances, and competition among vendors.
The paper straw market size is expected to grow by USD 1.22 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 22.6% during the forecast period, according to Technavio. The growth of the global commercial beverage dispenser market is driving the paper products market growth. However, the volatility of raw material prices is challenging the paper products market growth.
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The paper straw market report covers the following areas:
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BioPak Pty Ltd., Bygreen, Canada Brown Eco Products Ltd, Footprint, GP Alliance Sdn Bhd, Hoffmaster Group Inc., Huhtamaki Oyj, Jinhua Suyang Plastic Production Co. Ltd., Lollicup USA Inc., MPM Marketing Services, Novolex Holdings LLC, OkStraw Paper Straws, Sharp Serviettes, Shenzhen Grizzlies Industries Co. Ltd., Soton Daily Necessities Co., Ltd. Y.W., Tetra Laval S.A., are some of the major market participants. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
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- Material
- Virgin Paper Straw
- Recycled Paper Straw
The paper straw market share growth in the virgin paper straw segment will be significant during the forecast period. Virgin paper is produced exclusively from the pulp of pine, spruce, or fir wood without any addition of recycled material. Important drivers of the virgin paper straw segment in the global paper straw market during the forecast period are increasing urbanization and the increased demand for virgin paper straws in the food and beverage industry. Thus, increasing awareness among the population regarding the use of plastic straws and the environmental benefits of paper straws is fueling the growth of the market during the forecast period.
- Geography
- North America
- Europe
- APAC
- Middle East And Africa
- South America
33% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for the paper straw market in North America. The US Food and Drug Administration (FDA) has passed several certifications and regulatory standards for food industry products, which makes food manufacturers opt for bio-degradable straws. This, in turn, will facilitate the paper straw market's growth in North America over the forecast period.
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- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist paper straw market growth during the next five years
- Estimation of the paper straw market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the paper straw market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of paper straw market vendors
Liquid Sandpaper Market by Application and Geography – Forecast and Analysis 2022-2026: The liquid sandpaper market share is expected to increase by USD 619.1 million from 2021 to 2026. This report extensively covers liquid sandpaper market segmentation by application (home, office, and industry) and geography (North America, APAC, Europe, South America, and MEA)
Paper and Paperboard Container and Packaging Market by Product, End-user, and Geography: Forecast and Analysis 2022-2026: The paper and paperboard container and packaging market share is expected to increase to USD 56.42 billion from 2021 to 2026. This report extensively covers paper and paperboard container and packaging market segmentation by product (paper bags and sacks, corrugated containers and packaging, folding boxes and cases, and others), end-user (food and beverages, industrial products, healthcare, and others), and geography (APAC, Europe, North America, South America, and Middle East and Africa).
Paper Straw Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 22.6% |
Market growth 2022-2026 |
USD 1.22 billion |
Market structure |
Fragmented |
YoY growth (%) |
22.2 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 33% |
Key consumer countries |
US, Canada, China, India, Germany, and Italy |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
BioPak Pty Ltd., Bygreen, Canada Brown Eco Products Ltd, Footprint, GP Alliance Sdn Bhd, Hoffmaster Group Inc., Huhtamaki Oyj, Jinhua Suyang Plastic Production Co. Ltd., Lollicup USA Inc., MPM Marketing Services, Novolex Holdings LLC, OkStraw Paper Straws, Sharp Serviettes, Shenzhen Grizzlies Industries Co. Ltd., Soton Daily Necessities Co., Ltd. Y.W., Tetra Laval S.A., The Paper Straw Co., Transcend Packaging Ltd., YuTong Eco Technology SuQian Co. Ltd., and Hello Straw B.V |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
- 1.1 Market Overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Material
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market Definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Material
- 5.1 Market segments
- Exhibit 24: Chart on Material - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Material - Market share 2021-2026 (%)
- 5.2 Comparison by Material
- Exhibit 26: Chart on Comparison by Material
- Exhibit 27: Data Table on Comparison by Material
- 5.3 Virgin paper straw - Market size and forecast 2021-2026
- Exhibit 28: Chart on Virgin paper straw - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Virgin paper straw - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Virgin paper straw - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Virgin paper straw - Year-over-year growth 2021-2026 (%)
- 5.4 Recycled paper straw - Market size and forecast 2021-2026
- Exhibit 32: Chart on Recycled paper straw - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Recycled paper straw - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Recycled paper straw - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Recycled paper straw - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Material
- Exhibit 36: Market opportunity by Material ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 Germany - Market size and forecast 2021-2026
- Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.11 Italy - Market size and forecast 2021-2026
- Exhibit 74: Chart on Italy - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Italy - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Italy - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Italy - Year-over-year growth 2021-2026 (%)
- 7.12 Canada - Market size and forecast 2021-2026
- Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.13 India - Market size and forecast 2021-2026
- Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.14 Market opportunity by geography
- Exhibit 86: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 87: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 89: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 90: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 91: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 92: Matrix on vendor position and classification
- 10.3 Bygreen
- Exhibit 93: Bygreen - Overview
- Exhibit 94: Bygreen - Product / Service
- Exhibit 95: Bygreen - Key offerings
- 10.4 Canada Brown Eco Products Ltd
- Exhibit 96: Canada Brown Eco Products Ltd - Overview
- Exhibit 97: Canada Brown Eco Products Ltd - Product / Service
- Exhibit 98: Canada Brown Eco Products Ltd - Key offerings
- 10.5 Footprint
- Exhibit 99: Footprint - Overview
- Exhibit 100: Footprint - Product / Service
- Exhibit 101: Footprint - Key offerings
- 10.6 Hoffmaster Group Inc.
- Exhibit 102: Hoffmaster Group Inc. - Overview
- Exhibit 103: Hoffmaster Group Inc. - Product / Service
- Exhibit 104: Hoffmaster Group Inc. - Key offerings
- 10.7 Huhtamaki Oyj
- Exhibit 105: Huhtamaki Oyj - Overview
- Exhibit 106: Huhtamaki Oyj - Business segments
- Exhibit 107: Huhtamaki Oyj - Key news
- Exhibit 108: Huhtamaki Oyj - Key offerings
- Exhibit 109: Huhtamaki Oyj - Segment focus
- 10.8 Lollicup USA Inc.
- Exhibit 110: Lollicup USA Inc. - Overview
- Exhibit 111: Lollicup USA Inc. - Product / Service
- Exhibit 112: Lollicup USA Inc. - Key offerings
- 10.9 Shenzhen Grizzlies Industries Co. Ltd.
- Exhibit 113: Shenzhen Grizzlies Industries Co. Ltd. - Overview
- Exhibit 114: Shenzhen Grizzlies Industries Co. Ltd. - Product / Service
- Exhibit 115: Shenzhen Grizzlies Industries Co. Ltd. - Key offerings
- 10.10 Soton Daily Necessities Co., Ltd. Y.W.
- Exhibit 116: Soton Daily Necessities Co., Ltd. Y.W. - Overview
- Exhibit 117: Soton Daily Necessities Co., Ltd. Y.W. - Product / Service
- Exhibit 118: Soton Daily Necessities Co., Ltd. Y.W. - Key offerings
- 10.11 Transcend Packaging Ltd.
- Exhibit 119: Transcend Packaging Ltd. - Overview
- Exhibit 120: Transcend Packaging Ltd. - Product / Service
- Exhibit 121: Transcend Packaging Ltd. - Key offerings
- 10.12 YuTong Eco Technology SuQian Co. Ltd.
- Exhibit 122: YuTong Eco Technology SuQian Co. Ltd. - Overview
- Exhibit 123: YuTong Eco Technology SuQian Co. Ltd. - Product / Service
- Exhibit 124: YuTong Eco Technology SuQian Co. Ltd. - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 125: Inclusions checklist
- Exhibit 126: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 127: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 128: Research methodology
- Exhibit 129: Validation techniques employed for market sizing
- Exhibit 130: Information sources
- 11.5 List of abbreviations
- Exhibit 131: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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