Paper Straw Market by Material Type (Virgin paper, Recycled Paper), Product Type (Printed, Non Printed), Straw Length, Straw Diameter, End use Application (Food Service, Institutional, Household), and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America), The Paper Straw market size is projected to reach a CAGR of 24% to 2028.
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Paper straw are 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.
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.
Regional Analysis
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.
Recent Developments
In October 2019, Transcend Packaging completed the acquisition of the assets of BioStraw Ltd.
Key Players of Paper Straw Market
· 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. and More
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· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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