Paper Straw Market is Projected to Register a Healthy CAGR of 23.60%

Posted by peeterdbmr on May 13th, 2021

Paper straw market is expected to witness market growth at a rate of approximately 23.60% in the forecast period of 2021 to 2028 and is expected to reach USD 3.18 million by 2028.

The manufacturing of paper straws differ from the production of plastic straws. Three piles of paper is constructed and then they are bonded together with a small amount of water-based adhesive with the help of a core-winding machine or hot melt adhesives utilizing a slot nozzle machine for fast lines of production. The performance of the paper straw and the efficiency of manufacturers highly depend on the choice of the paper and adhesive quality used in the manufacturing process.

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Key Market Competitors: Global Paper Straw Market

The major players covered in the paper straw market report are Hoffmaster Group, Inc., Transcend Packaging Ltd, Footprint, Huhtamaki, BYGREEN, Royal Paper Industries, anada Brown Eco Products Ltd, Charta Global, Soton Daily Necessities Co., Ltd., Y.W., Focus Technology Co., Ltd., YuTong Eco-Technology (SuQian) Co., Ltd, ALECO INDUSTRIAL CO., LTD., Vegware, Shakarganj, US PAPER STRAW, Hellostraw, TIPI STRAWS, strawland, OkStraw Paper Straws, BioPak, Wilbistraw, Sharp Serviettes among other domestic and global players.

Market Segmentation: Global Paper Straw Market

•          By Product (Printed, Non-Printed)
•          By Material (Virgin Paper, Recycled Paper)
•          By Length (<5.75 Inches, 5.75-7.75 Inches, 7.75-8.5 Inches, 8.5-10.5 Inches, >10.5 Inches)
•          By Diameter (<0.15 Inches, 0.15 – 0.196 Inches, 0.196 – 0.25 Inches, 0.25 – 0.4 Inches, >0.4 Inches)
•          By End Use Application (Foodservice, Institutional, Household)
•          By Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia)

Focus of the report

• CAGR values in the market for the forecast period
• Key trends in the market place
• Major players and brands
• Historical and current market size and projection up to 2026.
• Detailed overview of parent market
• Changing market dynamics of the industry

Reasons to Purchase this Report

•          The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
•          Regions/Countries that are expected to witness the fastest growth rates during the forecast period
•          The latest developments, market shares, and strategies that are employed by the major market players