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Rising Beverage Consumption Fuels Growth Of Straw Market: The Driving Engine Behind Straw Market Evolution in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Straw Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been robust growth in the straw market size. Projected to expand from $18.85 billion in 2024 to $20.16 billion in 2025, it has a compound annual growth rate (CAGR) of 6.9%. Factors such as escalating attention towards the use of agricultural by-products, rising demand for sustainable and biodegradable products, an expanding market for biodegradable straws in developing economies, implementation of incentives and subsidies for renewable resources and heightened public consciousness about environmental concerns and plastic pollution have contributed to the growth in the historic period.
How Will the Straw Market Size Evolve and Grow by 2029?
Expectations are high for a significant expansion of the straw market in the coming years. The market is projected to escalate to $25.99 billion by 2029, with a compound annual growth rate (CAGR) of 6.6%. This anticipated growth in the forecast period is linked to the introduction of more rigid restrictions on single-use plastics, company dedication to sustainability and zero-waste policies, a consumer trend favoring eco-friendly and organic products, augmented government backing for eco-friendly goods via legislation, and the invention of enhanced, economical methods of producing biodegradable straws. The forecast period also includes major trends such as advancements in straw processing and manufacturing methods, the rise of straws made from a variety of biodegradable materials, a reduction in the price of biodegradable straws due to bulk production, collaborations among brands to advocate for sustainable packaging, and amplified efforts to inform consumers about the advantages of utilizing biodegradable products.
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What Drivers Are Propelling the Growth of Straw Market Forward?
An uptick in beverage consumption is anticipated to serve as a catalyst for the straw market's growth. Beverages, including, for hydration, nutritional, and recreational purposes, are attracting growing demand due to shifting consumer tastes for diverse, handy, and high-quality drink offerings, combined with growing social and cultural norms related to beverage intake. Straws play a crucial role in both alcoholic and non-alcoholic drinks, making consumption easier and more sanitary, enhancing the drinking activity, and averting spillage, particularly in mobile scenarios. For example, a report published by Statistics Canada, a national statistics agency in Canada, stated in February 2023 that alcoholic beverage sales in retail locations and liquor authorities for the fiscal year 2022 accounted for $26.1 billion, a rise of 2.4% compared to the previous year. Additionally, wine sales increased by 2.1%, amassing $8.1 billion in 2021 and 2022. Consequently, the accelerating consumption of beverages is fueling the expansion of the straw market.
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Which Emerging Trends Are Transforming the Straw Market in 2025?
Key players in the straw market are prioritizing the creation of innovative products such as recyclable straws in order to encourage environmentally-friendly choices among consumers. A recyclable straw is designed from materials that are easy to recycle. SIG India, a food packaging firm based in India, debuted a collection of recyclable paper straws in July 2022. These straws, available in a variety of sizes, shapes, and uses, were introduced as a response to the significant environmental harm caused by plastic straws. The paper straws by SIG offer a superior biodegradable, non-plastic substitute. These straws are expertly crafted to effectively blend functionality and sustainability. They can be used with all SIG carton packs that include a straw hole and are generally used with small-sized packs for effortless consumption.
What Are the Key Segments in the Straw Market?
The straw market covered in this report is segmented -
1) By Product: Plastic, Bamboo, Metal, Paper, Glass, Silicone, Other Products
2) By Sales Channel: Manufacturers, Distributors, Retailers, E-Retail
3) By Straw Length: 20 Cm
4) By End Use: Foodservice, Institutional, Households
Subsegments:
1) By Plastic: Single-Use Plastic Straws, Reusable Plastic Straws
2) By Bamboo: Single-Use Bamboo Straws, Reusable Bamboo Straws
3) By Metal: Stainless Steel Straws, Aluminum Straws
4) By Paper: Biodegradable Paper Straws, Laminated Paper Straws
5) By Glass: Borosilicate Glass Straws, Soda-Lime Glass Straws
6) By Silicone: Flexible Silicone Straws, Reusable Silicone Straws
7) By Other Products: Edible Straws, Wheat Straw, Other Biodegradable Or Alternative Material Straws
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Who Are the Key Players Shaping the Straw Market's Competitive Landscape?
Major companies operating in the straw market are Tetra Pak International SA, Stora Enso, Nippon Paper Industries Co. Ltd., Pactiv Evergreen Inc., Huhtamaki Oyj, Crate and Barrel, Hoffmaster Group Inc., Duni AB, Eco-Products Inc., Vegware Ltd., Klean Kanteen, ConverPack Inc., StoneStraw Limited, Transcend Packaging, Final Co. LLC, UniversalPromo Inc., Straws & Stripes LLC, Steelys Drinkware, R&M Plastic Products Ltd., Koffie Straw, Jungle Straws, Gaia Eco Products Inc., Ever Eco, B&B Straw Pack Co. Ltd., Absolute Custom Extrusions Inc.
What Geographic Markets Are Powering Growth in the Straw Market?
Asia-Pacific was the largest region in the straw market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the straw market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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