The North America Paper Straw Market would witness market growth of 17.7% CAGR during the forecast period (2023-2030).
The growing acceptance of paper straws for various uses is one of the main factors behind this expansion. Paper straws are becoming increasingly popular among consumers owing to their eco-friendliness; they are produced using renewable resources, have a low environmental effect, and decompose quickly. The demand for paper substitutes is also being boosted by the implementation of legislation and the initiation of campaigns to outlaw the use of plastic straws.
As people become increasingly aware of the damaging consequences of plastic waste on the environment, there is also a rising aversion to using plastic straws. During the forecast period, the these factors is anticipated to promote the growth of the market.
The rising demand for environmentally friendly goods is fueling the market's expansion. There are several government programs to decrease plastic use, and rigorous restrictions prohibit the use of traditional plastic materials in the manufacture of utensils. Paper is often flexible, interchangeable, lightweight, durable, and recyclable.
The primary market driver in the area is the high customer acceptance of ready-to-drink drinks due to the health advantages of consuming organic and vegan ready-to-drink beverages. The region's customers are switching from carbonated drinks to natural beverages like fruit juices due to increased health awareness. This is also attributable to fruit juices' role in boosting metabolism and lowering cholesterol. Additionally, customers in the area are aware of the risks using plastic straws poses to their health. The beverages business is anticipated to expand due to greater consumer awareness further supporting the market’s growth.
The US market dominated the North America Paper Straw Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $3.2 billion by 2030. The Canada market is poised to grow at a CAGR of 20.3% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 19.3% during (2023 - 2030).
Based on Type, the market is segmented into Non-flexible and Flexible. Based on End Use, the market is segmented into Foodservice, Institutional and Household. Based on Material Type, the market is segmented into Virgin Paper and Recycled Paper. Based on Product Type, the market is segmented into Non-printed and Printed. Based on Length, the market is segmented into 7.75-8.5 inches, 8.5-10.5 inches, 5.75-7.75 inches, <5.75 inches and >10.5 inches. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Paper Straw Market is Projected to reach USD 16.1 Billion by 2030, at a CAGR of 18.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hoffmaster Group, Inc., Transcend Packaging Ltd., Huhtamaki Oyj, Footprint, Fuling Technology Co., Ltd., Bygreen, Biopak (Duni AB), Canada Brown Eco Products Ltd., ALECOSTRAWS.
By Type
By End Use
By Material Type
By Product Type
By Length
By Country
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