The straw paper market is expected to grow at a CAGR of 11.42% from US$1.136 billion in 2022 to US$2.421 billion in 2029.
Straw paper has been widely accepted by the retail and food service industries as a more ecologically friendly solution for packaging, straws, and other single-use goods. The use of Straw paper in the sector has propelled the market's expansion. The implementation of legislation limiting the use of single-use plastics in a variety of industries and geographic places has also directly spurred the expansion of the Straw paper industry by requiring businesses and customers to find alternatives to comply with these rules.
Introduction:
Straw paper, also known as agricultural Straw paper, is a more environmentally friendly and sustainable alternative to regular wood pulp paper. It is made from fibrous leftovers of cereals like wheat, rice, and barley that are generally destroyed or abandoned. Straw paper is produced in a less resource-intensive and ecologically benign manner, eliminating the necessity for deforestation and the energy-intensive pulping of wood. As a result, Straw paper is gaining appeal in the paper industry as a greener option. Several reasons contribute to its increasing importance as a market driver. Firstly, growing environmental awareness and demand for sustainable products are driving consumers and businesses to seek out eco-friendly options. Furthermore, strict environmental rules and measures to minimize carbon footprints are encouraging the use of Straw paper. This expanding market is being fuelled further by its potential for cost-effectiveness and improved crop waste management in agricultural regions, resulting in a win-win scenario for both the paper sector and the surroundings.
Drivers:
Products offered by key companies:
The prominent growth in the virgin paper sector under the material type segment
In terms of value and volume, the virgin paper segment is expected to lead the paper straw market throughout the forecast period. Growing environmental awareness, as well as a preference for eco-friendly and sustainable products, are driving up demand for virgin kraft paper. It is regarded as a renewable and biodegradable alternative to standard paper and plastic products. Consumer preferences are trending toward more ecologically friendly solutions. Many consumers choose articles and packaging made of virgin kraft paper due to its eco-friendly image and recyclability.
Businesses are using virgin kraft paper to project a premium and environmentally sustainable business image. This appeals to customers who value quality and sustainability. Furthermore, the usage of virgin kraft paper is not limited to a particular place or industry, resulting in growing demand across a wide range of industries and applications.
The European region is expected to hold a significant share of the straw paper market:
In terms of value, the European Straw paper market is expected to develop at the fastest CAGR during the forecast period. This expansion may be ascribed mostly to increased demand for Straw paper in important European nations such as Germany and the United Kingdom, where they are increasingly being used in the food service industry. Consumer awareness and evolving preferences are driving a change toward sustainable and eco-friendly alternative to plastic in these nations. Moreover, the rise of the Straw paper business in Europe is being fueled by environmental concerns and regulatory laws. Reforms and constraints to address plastic pollution and minimize single-use plastics have been aggressively implemented in European nations. Bans on plastic straws and other single-use plastics have created a favourable atmosphere for the usage of Straw paper. As a result, the European market for Straw paper is likely to see an increase in demand as businesses and consumers alike embrace sustainable alternatives to plastic and support the region's continuing environmental initiatives.
Key developments:
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Market Size Value in 2022 | US$1.136 billion |
| Market Size Value in 2029 | US$2.421 billion |
| Growth Rate | CAGR of 11.42% from 2022 to 2029 |
| Base Year | 2022 |
| Forecast Period | 2024 – 2029 |
| Forecast Unit (Value) | USD Billion |
| Segments Covered |
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| Companies Covered |
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| Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| Customization Scope | Free report customization with purchase |
Segmentation