Press release
Key Points Covered in the Eco-friendly Straws Market Study
Eco-friendly Straws Market
Non-toxic and are bio-degradable alternatives of chemical-laden plastic is enhancing the eco-friendly straws market value. Manufacturers are looking for products that provide consumer convenience along with sustainability. These days, eco-friendly straws are recyclable as well as stylish trend, as interiors of bars, restaurants, and home includes glass straws for the touch of elegance to dining tables. The variety of options available when materials are taken into consideration, growing demand for eco-friendly straws market. The eco-friendly straws are either made up of bio-based materials such as paper, or reusable materials which includes food-grade silicone, metal or glass. Increasing food & beverage consumption, people often prefer environment friendly products instead of plastic, expanding eco-friendly straws market. Changing manufacturer’s considerations due to stringent regulations and environmental impact of plastic straws is boosting eco-friendly straws market. The eco-friendly straws are manufactured in different designs which includes strip, polka dot, star-shaped, and other printed papers. The eco-friendly straws are providing manufacturers cost-effective solution. Manufacturers are also offering different diameter options in eco-friendly straws as per brand owners, and retailers demand. The eco-friendly straws market is anticipated to witness high growth prospects during the forecast period, due to increasing consumer awareness. The modifications and improvements in government legislation are changing usage capabilities of the manufacturer as well as the consumer.
Global Eco-friendly straws market: Dynamics
Eco-friendly straws such as bamboo straw, compostable straws, metal & glass straws are replacing plastic straws, as latter one create a large amount of plastic waste. The global eco-friendly straws market is estimated to experience growth during the forecast period as per the number stringent regulations on plastic use. Nearly 500 million plastic straws are discarded daily in the U.S., but over the past few months, restaurants & hotel groups are preferring eco-friendly straws. The global usage of eco-friendly products is ultimately impacting trends & styles in the food and beverage industry. Reduction in usage of straws, which is a non-essential part, may hamper the growth of the global ecofriendly straws market. The eco-friendly straws market is estimated to have growth in Europe as food corporations such as McDonald’s are trying to eliminate plastic-based products. The countries are shifting towards using straws made of sustainable products such as bamboo, paper, or glass, growing demand for eco-friendly straws. The eco-friendly straws market is estimated to have significant growth during the forecast period. Use of plastic straws has been prohibited in some regions of the United States, which is eventually expanding the eco-friendly straws market.
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Global Eco-friendly Straws market: Segmentation
On the basis of Material type, the global Eco-friendly Straws market has been segmented as
Paper
Silicone
Metal
Glass
Bamboo
On the basis of length, the global Eco-friendly Straws market has been segmented as
Up to 10 cm
15 cm
20 cm
On the basis of Application, the global Eco-friendly Straws market has been segmented as
Carbonated Beverages
Milkshakes
Iced Tea
Fruit Juices
Alcoholic Beverages
On the basis of Product type the global Eco-friendly Straws market has been segmented as
Straight straws
Flexible straws
On the basis of End Use, the global Eco-friendly Straws market has been segmented as
Bar & Restaurants
Hospitals
Schools
Cafes
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
Global Eco-friendly Straws market: Regional Outlook
The global eco-friendly straws market is estimated to expand during the forecast period due to increasing consumer preferences towards reusable and recyclable products. The North America eco-friendly straws market is expected to experience significant growth in the upcoming years. The Asia Pacific region is expected to account for market share in terms of volume as per the increment in the growth of the retail sector and also growing consumer demands boosting eco-friendly straws market. The Latin America eco-friendly straws market is expected to experience a significant increase in the upcoming years.
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Eco-friendly Straws: Key Developments
In June 2018, Huhtamäki Oyj., acquired Ajanta Packaging, is manufacturer of pressure sensitive labels.
Tetra Pak International S.A., launched Tetra pack plant secure, a plant management service
On the basis of region, Global Eco-Friendly Straws Market has been segmented as
North America
Latin America
Eastern Europe
Western Europe
The Asia Pacific excluding Japan
The Middle East and Africa
Japan
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with eco-friendly straws market attractiveness as per segments. The report also maps the qualitative impact of various market factors on eco-friendly straws market segments and geographies.
Report Highlights:
A detailed overview of parent market
Changing eco-friendly straws market dynamics in the industry
In-depth eco-friendly straws market segmentation
Historical, current, and projected eco-friendly straws market size regarding volume and value
Recent industry trends and developments
Competitive landscape
Strategies for key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on eco-friendly straws market performance
Must-have information for eco-friendly straws market players to sustain and enhance their market footprint
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