Paper Straws Market Size, Share, And Trends By Distribution Channel (Retailer, And E-Retailer), By End-User (Restaurants, Hotels, Cafes, Lounge, And Others), And Geography - Forecasts From 2019 To 2024
- Published : Mar 2020
- Report Code : KSI061612684
- Pages : 101
Global paper straw market is projected to expand at a CAGR of 15.53% over the forecast period to grow tUS$693.029 million by 2024 from US$291.463 million in 2018. Key industries driving the demand for paper straws are hotels, cafes, restaurant and lounges among others. Paper straws are eco-friendly and can be easily recycled. Further, the increasing awareness regarding harmful properties of plastic along with increasing demand for eco-friendly straws is expected to drive the market for paper straws. Further, various government rules and regulations regarding ban of plastic across various regions around the globe is anticipated to create growth opportunities for paper straws market. Furthermore, the growing food and beverage industry along with increasing preference for take away food is anticipated to boost the food packaging demand providing growth opportunities for the paper straw market.
Increasing awareness regarding environment
Growing food and beverage industry
Budget constraint for SME’s
In August 2018, Hoffmaster Group, Inc., a leading U.S. manufacturer of premium disposable tableware, acquired Aardvark Straws, the sole U.S. producer of paper straws.
The major players profiled in the paper straws market include Hoffmaster Group Inc., Biopak pty ltd., U.S. Paper Straw, Okstraw, Vegware Ltd., TIPI Straws, Sharp Serviettes, Canada Brown EcProducts Ltd, AlecIndustrial Co., Ltd, and YIWU JinDong Paper Co., Ltd.,
The paper straws market has been analyzed through the following segments:
By Distribution Channel
Middle East and Africa
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. PAPER STRAWS MARKET BY DISTRIBUTION CHANNEL
6. PAPER STRAWS MARKET BY END-USER
7. PAPER STRAWS MARKET BY GEOGRAPHY
7.1. North America
7.2. South America
7.3.3. United Kingdom
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.5. Asia Pacific
7.5.3. South Korea
8. COMPETITIVE INTELLIGENCE
8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. Hoffmaster Group Inc.
9.2. Biopak pty ltd.
9.3. U.S. Paper Straw
9.5. Vegware Ltd.
9.6. TIPI Straws
9.7. Sharp Serviettes
9.8. Canada Brown Eco Products Ltd
9.9. Aleco Industrial Co. Ltd,
9.10. The Paper Straw Co.
LIST OF FIGURES
LIST OF TABLES
Hoffmaster Group Inc.
Biopak pty ltd.
U.S. Paper Straw
Canada Brown Eco Products Ltd
Aleco Industrial Co. Ltd,
The Paper Straw Co.
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