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Eco-Friendly Straws Market: Increasing Adoption of Eco Friendly Products Among Consumers to Boost Growth

10-11-2019 02:33 PM CET | Energy & Environment

Press release from: Transparency Market Research

/ PR Agency: TMR
Straws are commonly used to sip cold beverages, they make liquid intake even and easy for the consumers. This is the reason several food and beverage service outlets are increasingly using them. These straws primarily made of plastics because of their easy availability and cheaper price. However, these plastics straws have a very bad impact on environment.

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Additionally, they are one of the greatest reasons for exploiting marine as well animals live. One account of these several players in the food and beverage industry have decided to give up plastics straw and choose ecofriendly straws. This is one of the most prominent factors expected to drive the ecofriendly straws market in the coming few years.

Global Eco-friendly Straws market: Key Players

Huhtamäki Oyj.
Tetra Pak International S.A.
Aardvark Straws
Biopac (UK) Ltd.
Merrypak
Guanlin Paper Products Co., Ltd.
Straw Free
Bamboo Straws Worldwide
Simply Straws

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Likewise, there are several other factors expected to drive the global eco-friendly straws market, we have mentioned a few of them below, have a look-

1. The extensively adoption of ecofriendly straws by the cafes, lounges, restaurants and roadside eateries is a major factor expected to drive the global ecofriendly straws market. In addition to this, the increasing inclination of the people towards to the non plastics straws is propelling the growth of the eco friendly straws market.

2. Along with this, increase in number of food outlets coupled with the thriving food and beverage industry is expected to drive the demand for paper straws in the next few years.

3. However, one factor which is expected to impede growth in the eco-friendly straws market is increase in price of straws and significant decrease usage flexibility of the straws. This factors are predominately effecting market growth specially in emerging regions.

4. Nevertheless, factors like increasing global awareness regarding reduction of non-degradable products, favorable government policies and increasing investments by government and private bodies are expected to offer a lucrative avenue to the growth of the ecofriendly straws market.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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