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Exactitude Consultancy Latest Published
Paper Straw Market by Material Type (Virgin Paper, Recycled Paper), By Product Type (Printed, Non-Printed), By Straw Length ( 5.75 Inches, 5.75-7.75 Inches, 7.75-8.5 Inches, 8.5-10.5 Inches, 10.5 Inches), By Straw Diameter (0.15 Inches, 0.15-0.196 Inches, 0.196-0.25 Inches, 0.25-0.4 Inches, 0.4 Inches), By End User (Foodservice, Institutional, Households) and Region, Global trends and forecast from 2022 to 2029.
The paper straw market is expected to grow at 13.7% CAGR from 2021 to 2029. It is expected to reach above USD 8.66 billion by 2029 from USD 2.69 billion in 2020.
Segment Analysis
The paper straw market is segmented based on material type, product type, straw length, straw diameter, end user and region.
The market is divided into two categories based on the kind of material as virgin paper and recycled paper. The segment of virgin paper had the largest market share in 2021 and is anticipated to hold this position throughout the forecast period. Because consumers do not need to use more than one straw for a single usage, virgin paper straws are dependable, sturdy, have higher absorbency rates, and are of better quality and effectiveness. This reduces waste.
The market is divided into printed and non-printed segments based on the type of product. Because printed straws leave some ink and dye effluents in the consumables, which is the main cause of the rising demand for non-printed straws, the non-printed sector is predicted to remain dominant and increase more quickly during the projection period.
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