Paper Straw Market Size $2.44 Bn by 2024


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Uploaded on Dec 23, 2019

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Paper Straw Market Research Report by Type, End Use and Region, Paper Straw Market anticipated to grow at a CAGR of 12.61% | Paper Straw Industry

Category Business

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Paper Straw Market Size $2.44 Bn by 2024

Paper Straw Market Research Report - Global Forecast till 2024 Industry Survey, Growth, Competitive Landscape and Forecasts to 2024 REQUEST SAM PLE VIEW REPORT S PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.) Paper Straw Market Research Report- Forecast to 2024 Paper Straw Market 2019: Industry Survey, Growth, Competitive Landscape and Forecasts to 2024 Paper Straws Market is projected to be valued at USD 2.44 Billion by 2024 at a CAGR of 12.61% from 2019 to 2024. The market has registered over 40% growth since 2010. Paper straws are generally sold in a variety of colors and patterns such as polka dots or festive foil. Moreover, manufacturers are producing paper drinking straws with high durability. Being a plant-based product, paper decomposes quickly as compared to plastic. Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/8510 2 www.marketresearchfuture.com Paper Straw Market Research Report- Forecast to 2024 “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “ Paper Straw Market Research Report - Global Forecast 2024” Growth Opportunities in the Market Rising demand for soft straws among the elderly and motor-impaired: Paper straws are a safe alternative to conventional straws as they lower the risk of injury caused by harder straws such as plastic, glass, and metal. Increasing concerns among the elderly and motor-impaired population are influencing established foodservice outlets to withdraw the use of plastic straws and replace them with paper straws. The rising demand for soft straws is directly influencing the sales of paper straws across the globe. 3 www.marketresearchfuture.com Paper Straw Market Research Report- Forecast to 2024 Global Paper Straw Market, by Region, 2018 4 www.marketresearchfuture.com Paper Straw Market Research Report- Forecast to 2024 Regional Analysis Increasing number of cafés and foodservice chains: In 2018, quick-service restaurants (QSRs) and casual and fine dining restaurants accounted for about 75% of the global restaurant and foodservice industry. Furthermore, cafés & bakery and pubs, clubs, bars, and lounges (PBCL) accounted for about 10%, while institutional catering and kiosks held the remaining 15% share of the global restaurant and foodservice industry. The number of food outlets is anticipated to increase by more than 12% during the forecast period. This is directly impacting the growth of the global paper straws market. For instance, Starbucks has started to phase out plastic straws at a rate of 1 billion plastic straws per year from its retail stores. Similarly, other food chains such as McDonald's, All Bar One, Wetherspoon, Pizza Express, Wagamama, and Nando's and hotels such as Marriott International have initiated the removal of plastic straws from circulation and introduced straw-less service or biodegradable straws including paper variants. Access Full Report @ https://www.marketresearchfuture.com/reports/paper-straw-market-8510 5 www.marketresearchfuture.com Paper Straw Market Research Report- Forecast to 2024 Application & Major Players in this Research: Paper Straw Market Prominent Players:  Huhtamäki Oyj (Finland)  Hoffmaster Group, Inc. (US)  Biopac Ltd (UK)  ECOPRO2 (US)  The Paper Straw Co. (UK)  Bygreen (Eco-Straw) (Australia)  Footprint, LLC (UAE)  OkStraw Paper Straws (US)  Transcend Packaging Ltd (UK)  Strawland (Indonesia)  TIPI Straws (UK) 6 www.marketresearchfuture.com Paper Straw Market Research Report- Forecast to 2024 Paper Straw Market Segmented on the basis of By Type  Flexible  Non-Flexible By Region By End Use  North America,  Household  Europe,  Commercial  Asia-Pacific 7 www.marketresearchfuture.com ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous- Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at [email protected] Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. 8 www.marketresearchfuture.com MARKET RETSHEANAKR YCOHU [email protected] Ph: +1-646-845-9349 (US) FUTUPh: +R44 208 E133 9349 (UK) 9 www.marketresearchfuture.com