Press release
Straw Wrapping Paper Market 2021 Supply Chain Analysis, Structure, Industry Inspection, and Forecast 2027
The Global Straw Wrapping Paper Market 2021 by Regions, Type, and Application, forecast to 2027 research report is a comprehensive, methodical, and all-encompassing examination of the industry. The study's goal is to help key vendors, organisations, and end-users in the industry better grasp the benefits and complete features of market segments. It examines market dynamics and gives an overview to aid in the definition, categorization, and statistical analysis of markets. The present condition of the worldwide Straw Wrapping Paper market, as well as its future prospects.In accordance with the Straw Wrapping Paper market is set to grow at a CAGR of 20.9% over the forecast period (2021-2027).
The report's authors used a unique and industry-leading research and analysis technique to conduct an in-depth analysis of the worldwide Straw Wrapping Paper market. From 2021 through 2027, this study anticipates demand, trends, and revenue growth at regional and country levels, as well as an examination of industry trends in each of the sub-segments.
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In the worldwide market, there are a number of important and rising Straw Wrapping Paper market Key players:
Schweitzer-Mauduit International, Delfort Group, Fancyco, Lisuper, Wuxi Sujia Daling Decoration Packaging, Shenzhen Sunshine Industrial, Laiyang Yintong Paper Making
Industry News:
Schweitzer-Mauduit International has acquired 10 companies, including 3 in the last 5 years. A total of 6 acquisitions came from private equity firms.
Schweitzer-Mauduit International’s largest acquisition to date was in 2021 when it acquired Scapa Group for $620M. Schweitzer-Mauduit International has acquired in 4 different US states, and 3 countries. The Company’s most targeted sectors include chemicals (34%) and distribution (17%).
Market segment by Type, covers:
24Gsm
28Gsm
Other
The application covered in the report include:
Industry
Food Service
Market Overview:
The Straw Wrapping Paper market is projected to grow from USD 585 million in 2021 to USD 1,687 million by 2027, recording a CAGR during the forecast period. The rise in demand for Straw Wrapping Paper for various end-use applications in the food service, institutional, and household industries is a key factor that is projected to drive the growth of the Straw Wrapping Paper market across the globe. In addition, factors such as growing consumer demand for environmental-friendly straws, rising government reforms & campaigns to ban plastic straws, and growing intolerance toward the use of Straw Wrapping Paper are projected to contribute to the growth ofStraw Wrapping Paper during the forecast period.
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The European Straw Wrapping Paper market is projected to grow at the highest CAGR during the forecast period, in terms of value.
The EuropeanStraw Wrapping Paper market is projected to grow at the highest CAGR from 2021 to 2027, in terms of both value and volume. The growth of the market in the European region is attributed to the increased demand for paper straws in countries, such as Germany and the United Kingdom, as they are increasingly used in the European foodservice industry. Moreover, the strong influence of environmental and governmental regulations and reforms to ban plastics in the European countries is projected to drive the growth of the Straw Wrapping Paper market in the region.
Regional Outlook:
This research report focuses on Straw Wrapping Paper market volume and value at regional Opportunity and company Trends From a global perspective, this report Study represents overall market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: Americas, Europe, Asia-Pacific, Middle East & Africa and ROW.
Europe would enjoy the second spot where several factors like automation and better technical inclusion and Scope. The Asia Pacific region has better prospect in growing with a high CAGR in the coming years as the regional market would witness several changes in the infrastructure.
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Table of Contents: Straw Wrapping Paper Market
Chapter 1: Global Straw Wrapping Paper Market Overview
Chapter 2: Economic Impact on Industry
Chapter 3: Straw Wrapping PaperMarket Competition by Manufacturers
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Straw Wrapping Paper Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Straw Wrapping Paper Market Effect Factors Analysis
Chapter 12: Research Conclusions of Global Straw Wrapping Paper Market
Impact of COVID-19:
The COVID-19 epidemic has impacted markets and customer behaviour in a short period of time, and it is having a significant influence on economies and society. With offices, educational institutions, and manufacturing facilities closed indefinitely, big sports and events postponed, and work-from-home and social distance rules in place, businesses are increasingly seeking technology to assist them to get through these trying times. The COVID-19 epidemic is wreaking havoc on companies all around the world.
Report Customization:
The Global Straw Wrapping Paper Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide 25% customization for any of our MID reports at no additional cost to all of our clients.
About Us:
Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.
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Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
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