Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 13.60 Billion | USD 32.92 Billion | 9.24% | 2024 |
FrequentlyAsked Questions
The global paper straw market is expected to grow due to Bans on single-use plastics and rising environmental awareness drive demand for sustainable alternatives. Support from governments and businesses fuels adoption.
According to a study, the global paper straw market size was worth around USD 13.60 Billion in 2024 and is expected to reach USD 32.92 Billion by 2034.
The global paper straw market is expected to grow at a CAGR of 9.24% during the forecast period.
North America is expected to dominate the paper straw market over the forecast period.
Leading players in the global paper straw market include Footprint, Lollicup USA, Inc., Hoffmaster Group, Inc., Shenzhen Grizzlies Industries Co., LTD, Soton Daily Necessities Co., Ltd., Aleco Industrial Co. Ltd., Transcend Packaging Ltd., Biopak, Bygreen, Canada Brown Eco Products Ltd., Focus Technology Co., Ltd., Fuling Global Inc., Tipi Straws, Huhtamaki Oyj, Charta Global, Ningbo Jiangbei Shenyu Industry and Trade Co., Ltd., and YuTong Eco-Technology (SuQian) Co., Ltd., among others.
The report explores crucial aspects of the paper straw market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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