The Eco-Friendly Straws Market is anticipated to strengthen its boundaries at a steady CAGR of 7.5% during the forecast period. The market is expected to hold a share of USD 10.71 billion in 2023 while it is anticipated to cross a value of USD 22.07 billion by 2033.
The research report on the eco-friendly straws market explains that the growing demand for nature-friendly crockery items along with increased sales of soft drinks and beverages has fuelled the market growth. Paper eco-friendly straws are gaining traction with people getting aware of the hazardous effects of plastic straws.
This has given birth to the market that promotes plastic alternatives such as bamboo straws, and biodegradable, paper eco-friendly straws. Furthermore, the high consciousness among people for the application of plastic alternatives has been the key driving force for different eco-friendly markets.
The government support and huge tenders to sustainable product producers and their consumers have also garnered the sales of eco-friendly straws.
For example: In 2019, the Rwanda Environment Management Authority (Rema) passed a regulation that prohibited the use, manufacturing, import, and sale of single-use plastic products to ensure environmental safety and reduce plastic waste to conserve the environment. While plastic straws are being discontinued at most by the leading FMCG giants, some continue to use recyclable plastic in their products.
The application of bamboo straws has increased lately as it is tough, beneficial, and hold antibacterial properties. Alongside this, some food and beverage brands also use conventional hay straws, which are 100% organic and biodegradable.
Other than these, the use of stainless-steel reusable straws also fits in with the eco-friendly straws category. They are used with a softer silicon tip for people with sensitive teeth.
The eco-friendly straws market outlook states that eco-friendly straws are gaining traction due to a variety of industries, including restaurant services and home use, especially among eco-friendly consumers.
Some new advances that have taken place in the market include the introduction of new designs of straws such as star-shaped, polka dots, stripes, and others. For instance, in April 2022, UFlex-Asepto expanded its plant in Gujarat to manufacture U-shaped paper straws.
Attributes | Details |
---|---|
Eco-Friendly Straws Market CAGR (2023 to 2033) | 7.5% |
Eco-Friendly Straws Market Size (2023) | USD 10.71 billion |
Eco-Friendly Straws Market Size (2033) | USD 22.07 billion |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Short-term Growth (2023 to 2026): During this period, the hype around nature-friendly products is booming and is likely to affect the market positively. Increasing carbon consciousness among consumers along with the sustainability goals of nations are expected to fuel up sales. The market is expected to hold USD 10.71 billion in 2023 while it is anticipated to reach USD 13.45 billion by 2026.
Mid-term Growth (2026 to 2029): This period’s growth is likely to be attributed to the planned sustainable products along with the people getting more aware of the hazardous effects of plastic. Furthermore, the brands turning to nature-friendly products for better reach and prospects are also expected to garner market growth. From USD 13.45 billion in 2026, the market is expected to land at a value of USD 16.66 billion in 2029.
Long-term Growth (2029 to 2033): Growing focus on reducing plastic consumption and stringent government regulations and mandates to restrict plastic waste are some key factors that are estimated to influence eco-friendly straws market potential. Thus, the eco-friendly straws market is anticipated to thrive at a steady CAGR of 7.5% between 2023 and 2033.
Increasing Awareness about Sustainable Products to Boost Sales of Green Reusable Straws
Consumers are more aware of environmental conservation and this has significantly driven demand for eco-friendly products such as reusable eco-friendly straws and eco-friendly plastic wraps.
As the popularity of earth-friendly straws increases, demand for products like biodegradable straws, bamboo drinking straws, phade ocean-friendly straws, eco-agave straws, reusable straws, etc., is anticipated to see notable growth.
Biodegradable straws for restaurants are expected to see an increase in demand as multiple restaurants decide to phase out the use of plastic straws.
High Costs of Paper Eco Straws to Restrain Market Potential
Biodegradable straws are made by using paper as a base raw material. However, paper straws retail at a price much high than other straws in the market which makes it very cost-intensive to utilize them in restaurants and other applications.
High costs associated with the production of paper straws make it a huge challenge for eco-friendly straw manufacturers. This restrains the eco-friendly straws market from attaining its full potential.
Regions | CAGR (2023 to 2033) |
---|---|
The United States | 6.9% |
China | 14.4% |
India | 14.1% |
Germany | 3.4% |
The United Kingdom | 5.9% |
FMCG Giants Adopting Paper Eco-friendly Straws along with the Government Support to the Sustainable Businesses are Garnering the Regional Growth
Attributes | Details |
---|---|
The United States Market CAGR (2023 to 2033) | 4.2% |
The United States Market Sales Volume (2023) (Units) | 55 |
As per FMI’s analysis, the United States Eco-Friendly Straws market is thriving at an average CAGR of 6.9% between 2023 and 2033. The market is anticipated to hold a sales volume of 55 in 2023. The North America market holds a share of USD 2.5 million in 2023 while it thrives at a CAGR of 7.1% between 2023 and 2033.
Rising consumer awareness in the United States for eco-friendly products has tremendously shaped the demand for eco-friendly straws in the nation. Government mandates to reduce the use of plastics in the nation are anticipated to boost sales of biodegradable straws and reusable straws over the forecast period.
Increasing focus on sustainability through numerous government and non-government initiatives is expected to significantly favor the sales of eco-friendly reusable and green straws in the region.
Stringent Government Norms, a Home for Business Leaders, and High Packaging Innovation flourished the Market Growth in the Region
Attributes | Details |
---|---|
The United Kingdom Market CAGR (2023 to 2033) | 5.9% |
The United Kingdom Market Sales Volume (2023) (Units) | 8 |
The United Kingdom Eco-Friendly Straws market thrives at a CAGR of 5.9% between 2023 and 2033 while it is anticipated to hold a sales volume of 8. Demand for eco-friendly straws in Europe is expected to be prominent on a global scale.
Europe eco-friendly straws market currently held a dominant market share of 29.3% and is expected to see high consumption of eco-friendly straws as government and non-government initiatives increase awareness about eco-friendly products.
Government Mandates to Reduce Plastic Use is likely to Favour Reusable Straw Demand
Attributes | Details |
---|---|
India Market CAGR (2023 to 2033) | 14.1% |
India Market Sales Volume (2023) (Units) | 15 |
India leads the eco-friendly straws market in terms of CAGR in the East Asia region. It thrives at a strong CAGR of 14.1% between 2023 and 2033.
India is a key consumer-driven economy and is one of the leading plastic consumption markets in the world. As the sustainability trend picks up and demand for eco-friendly products increases, eco-friendly straw suppliers can focus on India and boost sales from the untapped market potential.
Rapid urbanization in India is driving the establishment of restaurants and fast-food chains that are subsequently adopting eco-friendly straws to comply with strict government mandates that govern the use of plastics.
More stringent regulations could further bolster the demand for products such as biodegradable straws, reusable straws, eco straws, eco agave straws, bamboo straws, etc.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Segment | Top Material |
---|---|
Top Sub-segment | Paper |
CAGR (2023 to 2033) | 10.1% |
CAGR (2017 to 2022) | 5.0% |
Paper eco-friendly straws thrive at a CAGR of 10.1% till the end of the forecast period. The growth is attributed to the advent of new strong paper straws that don’t get soggy once wet. The easy availability and convenient usage also make it a better material choice for vendors. During the forecast period from 2017 to 2022, the segment flourished at a low CAGR of 5.0%.
Based on product type, non-printed straight straws are expected to see high sales over the forecast period. These non-printed straws are preferred over printed straws as they don’t have any markings on them and making them suitable for multiple applications.
Printed straws have been observed to have ink seeping into beverages and could have an adverse impact on human health. These factors make non-printed straws preferable for multiple brands.
Eco-friendly straw manufacturers are investing in the research & development of more sustainable products to drive sales. Eco-friendly straw vendors are also focusing on global expansion through mergers & acquisitions to boost their market presence across multiple geographies.
Market Developments:
Huhtamaki Oyj has introduced its paper straw that is made with sustainably sourced paper with 100% PEFC-certified paper.
The market is valued at USD 10.71 billion in 2023.
The United States market’s expected CAGR over the forecast period is 6.9%.
The market will reach USD 22.07 billion by 2033.
The market’s CAGR from 2023 to 2033 will be 7.5%.
The market is likely to be valued at USD 10.71 billion in 2023.
Awareness about sustainable products and environmental conservation is boosting the market.
The market is expected to register a 7.5% CAGR until 2033.
From 2018 to 2022, the market expanded at a 2% CAGR.
India is favoring the usage of eco-friedly products with a CAGR of 14.1% till 2033.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Straw Width / Diameter 5.1. < 7 mm Eco-friendly Straws 5.2. 7-10 mm Eco-friendly Straws 5.3. 10-15 mm Eco-friendly Straws 5.4. > 15 mm Eco-friendly Straws 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 6.1. Straight Eco-friendly Straws 6.1.1. Printed 6.1.2. Non-printed 6.2. Flexible Eco-friendly Straws 6.2.1. Printed 6.2.2. Non-printed 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 7.1. Carbonated Beverage 7.2. Milkshakes 7.3. Iced Tea 7.4. Fruit Juices 7.5. Alcoholic Beverages 7.6. Others 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End User 8.1. HoReCa 8.2. Corporate Canteens 8.3. Street Vendors 8.4. Bars and Cafes 8.5. Others 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. Asia Pacific 9.5. MEA 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Huhtamaki Oyj. 17.2. Biopac Ltd. 17.3. Sulapac Oy 17.4. The Paper Straw Co. 17.5. Vegware Ltd. 17.6. Merrypak, Co. 17.7. The Blue Straw 17.8. Guanlin Paper Products Co., Ltd. 17.9. Wilbistraw 17.10. Hellostraw 17.11. Pactiv LLC 17.12. TIPI STRAWS 17.13. Stroodles. Co. 17.14. Papearth. Hu. 18. Assumptions & Acronyms Used 19. Research Methodology
Explore Packaging Insights
View Reports