MarkNtel Advisors recently published a detailed industry analysis of the Global Straw Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Straw Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The Straw Market size was valued at USD 16.93 Billion in 2024 and is projected to reach USD 24.26 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.18% during the forecast period, i.e., 2025-30.
Key Findings in Global Straw Market:
- Historical Analysis: 2020–2023
- Base Year: 2024
- Forecast Period: 2025–2030
Leading Market Players- Huhtamäki Oyj, Hoffmaster Group, Inc., Transcend Packaging, Canada Brown Eco Products Ltd, Alpha Charta d.o.o., Footprint, Tetra Pak Group, Nippon Paper Industries Co. Ltd., Stora Enso Oy, Bio Agave, Absolute Custom Extrusions Inc., Klean Kanteen, Simply Straws, Southeastern Liquid Analyzers Inc., Stone Straws Ltd., and Others
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Global Straw industry?
Growth of Food Service Outlets Driving Market Demand – The adoption of paper straws and other sustainable straws replaces plastic straws. However, the growth in the overall Straw Market will come from the growth in food service outlets. This is primarily due to the extensive consumption of drinks and beverages in restaurants, café and coffee shops, bars & clubs, and fast food chains. In these food service outlets, drinks are generally served in a cup with a straw. This leads to the extensive consumption of single-use plastic straws. For example, Tim Hortons, a large multinational coffee and quick-service restaurant chain, uses an astonishing 300 million straws each year in its restaurant locations across Canada.
As the food service market continues to grow, the demand for straws will increase in tandem. Major global food service outlets (for example, Starbucks, Tim Hortons, Dunkin’, McDonald’s, and Burger King) have announced their growth strategy for the future, which will feature substantial store growth in new and developing markets around the world. Specifically, these companies intend to open more stores in the rapidly developing Asia-Pacific Region, which hosts immediate and emerging economies (Indian and Chinese economies, respectively). Likewise, the Asia-Pacific region represents a large population base, expanding middle class, and increasing disposable income. These are significant points that outline the healthy future growth potential of the Straw Market.
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What segments define the Global Straw Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
By Type
- Plastic Straws- Market Size & Forecast 2020-2030, Thousand Units
- Metal Straws- Market Size & Forecast 2020-2030, Thousand Units
- Paper Straws- Market Size & Forecast 2020-2030, Thousand Units
- Bamboo Straws- Market Size & Forecast 2020-2030, Thousand Units
- Silicone Straws- Market Size & Forecast 2020-2030, Thousand Units
- Others (Glass Straws, PLA straws, etc.) - Market Size & Forecast 2020-2030, Thousand Units
According to report, Considering the segmentation analysis of the Global Straw Market by type, the paper straws segment is currently leading the market.
By Straw Length
- <9 cm- Market Size & Forecast 2020-2030, Thousand Units
- 9-15 cm- Market Size & Forecast 2020-2030, Thousand Units
- 16- 20 cm- Market Size & Forecast 2020-2030, Thousand Units
- >20 cm- Market Size & Forecast 2020-2030, Thousand Units
By Material
- Biodegradable- Market Size & Forecast 2020-2030, Thousand Units
- Non-Biodegradable- Market Size & Forecast 2020-2030, Thousand Units
According to report, In segmentation based on material for the Global Straw Market, the biodegradable segment holds the largest market share because the end users are rapidly adopting paper and plant-based straws.
By Shape
- Straight Straws- Market Size & Forecast 2020-2030, Thousand Units
- Bent or Curved Straws- Market Size & Forecast 2020-2030, Thousand Units
- Twist Straws- Market Size & Forecast 2020-2030, Thousand Units
- Others (Telescopic straws, Flexible Straws, etc.)- Market Size & Forecast 2020-2030, Thousand Units
By Distribution Channel
- Offline- Market Size & Forecast 2020-2030, Thousand Units
- Direct Sales (B2B)- Market Size & Forecast 2020-2030, Thousand Units
- Supermarkets and Hypermarkets- Market Size & Forecast 2020-2030, Thousand Units
- Others- Market Size & Forecast 2020-2030, Thousand Units
- Online- Market Size & Forecast 2020-2030, Thousand Units
By End Users
- Food Service Outlets- Market Size & Forecast 2020-2030, Thousand Units
- Restaurants- Market Size & Forecast 2020-2030, Thousand Units
- Cafés and Coffee Shops- Market Size & Forecast 2020-2030, Thousand Units
- Bars and Clubs- Market Size & Forecast 2020-2030, Thousand Units
- Fast Food Chains- Market Size & Forecast 2020-2030, Thousand Units
- Households- Market Size & Forecast 2020-2030, Thousand Units
- Food & Beverage Industries- Market Size & Forecast 2020-2030, Thousand Units
Explore the Complete Global Straw Market Analysis Report – https://www.marknteladvisors.com/research-library/straw-market.html
Geographical Analysis: Global Straw Market
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
The Global Straw Industry Recent Development:
- August 2023: Transcend Packaging has entered into a partnership with Klüber to make paper straws using vegetable lubricant while ensuring the removal of mineral oil aromatic hydrocarbons (MOAH) from the paper straws.
- May 2023: Hoffmaster Group, Inc. has launched an EarthwiseR product, plant-based straws, at the National Restaurant Association Show in Oshkosh, Wis.
- March 2023: Tetra Pak has highlighted that it will be initiating research on fiber-based packaging for further innovation in paper straws.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Global Straw Market?
- How is the Global Straw Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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