With a projected compound annual growth rate (CAGR) of 7.5%, the eco-friendly straws market is set to expand its horizons steadily throughout the forecast period. By 2023, the market is expected to reach a significant value of US$ 10.71 billion, and it is anticipated to surpass US$ 22.07 billion by the year 2033.
The United Kingdom’s Eco-Friendly Straws market is experiencing robust growth, projected at a compelling Compound Annual Growth Rate (CAGR) of 5.9% from 2023 to 2033, with an anticipated sales volume reaching 8. The demand for eco-friendly straws in Europe holds global prominence, with the region currently commanding a dominant market share of 29.3%. This trend is expected to intensify as government and non-government initiatives in Europe actively promote awareness about eco-friendly products.
As sustainability becomes a focal point, the market for eco-friendly straws in the United Kingdom is thriving, aligning with the broader global movement towards environmentally conscious alternatives. The substantial CAGR and increasing sales volume underscore the growing preference for sustainable practices in the region, with Europe leading the charge in the adoption of eco-friendly straws.
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.
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Competitive landscape
Key players are diversifying their product portfolios to focus on expanding their reach globally. They also conduct awareness campaigns to minimize the use of non-recyclable materials and strategic partnerships with existing players.
Recently, in May 2020, Huhtamaki Oyj announced a global partnership with WasteAid to drive community-level circular economy innovation in key regions. The collaboration aims to provide education and training in waste management and recycling systems and to work with key stakeholders in India, Vietnam and South Africa.
- Huhtamaki Oyj.
- Biopac (UK) Ltd.
- Sulapac Oy
- The Paper Straw Co.
- Vegware Ltd.
- Hello Straw
- The Blue Straw
- JOVAMA
- Wilbistraw
Factors are Estimated to Positively Influence Demand for Earth-friendly Straws-
- Environmental Concerns: Growing awareness of the environmental impact of plastic straws, including ocean pollution and harm to marine life, has motivated consumers to shift towards more sustainable options.
- Government Regulations: Stringent regulations and bans on single-use plastic straws in many regions are driving the demand for earth-friendly alternatives to comply with legal requirements.
- Consumer Preferences: Changing consumer preferences, with a focus on eco-friendly products, have encouraged the adoption of earth-friendly straws as a responsible choice.
- Corporate Sustainability Initiatives: Many businesses are incorporating sustainability into their corporate social responsibility efforts, including using earth-friendly straws as part of their sustainable practices.
- Biodegradability and Recyclability: Earth-friendly straws made from biodegradable or recyclable materials align with the desire to reduce waste and environmental harm.
- Innovations in Material Science: Advancements in material science have led to the development of earth-friendly straw options that are both practical and eco-conscious.
Restrains the Sales of Paper Eco-Friendly Straws to Some Extent
The sales of paper eco-friendly straws, while on the rise, face certain restraints that can limit their market growth to some extent. These restraining factors include:
- Durability and Performance: Paper straws may not be as durable as their plastic counterparts, especially when used with certain beverages. Some consumers find that they break down or become soggy relatively quickly, impacting the overall user experience.
- Cost: Eco-friendly paper straws can be more expensive to produce than traditional plastic straws. This cost difference can affect their adoption, especially for price-sensitive consumers and businesses.
- Limited Use with Certain Beverages: Paper straws are not suitable for all types of beverages, particularly those with long or extended consumption times. Hot beverages and thick milkshakes, for instance, may pose challenges for paper straws.
- Availability and Accessibility: In some regions, it may be challenging to find a consistent supply of paper eco-friendly straws, limiting their accessibility to consumers and businesses.
- Consumer Resistance: Some consumers are resistant to change and may prefer the familiarity of plastic straws. Convincing them to switch to paper straws may require education and awareness efforts.
- Manufacturing Challenges: Producing paper straws at scale with the necessary quality and consistency can be a challenge for manufacturers, leading to potential supply constraints.
- Lack of Standardization: The lack of industry-wide standards for eco-friendly straws can lead to variations in quality and performance, which can deter some consumers.
- Environmental Trade-offs: While paper straws are more environmentally friendly than plastic, they still require resources for production and transportation. Some argue that the environmental impact of paper straws is not entirely negligible.
Market Developments:
- In February 2022, EQUO, a company focused on eliminating the use of single-use plastic products, started its international expansion with the launch of its products in Singapore. This eco-straw brand based in Vietnam provides coconut straws, grass straws, rice straws, and other types of eco straws.
- Huhtamaki Oyj has introduced its paper straw that is made with sustainably sourced paper with 100% PEFC-certified paper.
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Key Segmentations-
Market By Straw Width / Diameter:
- < 7 mm
- 7-10 mm
- 10-15 mm
- > 15 mm
Market By Product Type:
- Straight Eco-friendly Straws
- Printed
- Non-printed
- Flexible Eco-friendly Straws
- Printed
- Non-printed
Market By Distribution Channel:
- Manufacturers (Direct Sales)
- Distributors
- Retailers
- Sold in Hypermarkets
- Supermarkets
- Convenience Stores
- Specialty Stores
- Discount Stores & Warehouse/Wholesale Clubs
- Sold through e-Retail
Market By Material :
- Paper Eco-friendly Straws
- Virgin Craft Paper
- Recycled Paper
- Pasta Eco-friendly Straws
- Glass Eco-friendly Straws
- Bamboo Eco-friendly Straws
- Polylactic Acid (PLA) Eco-friendly Straws
- Metal Eco-friendly Straws
Market By End Use:
- Food Service
- Hotels & Logistics
- Bars & Lounges
- Cafes & Fast Food Outlets
- Cinemas
- Airline & Railway Catering
- Institutional Use
- Educational Use
- Healthcare Use
- Corporate Use
- Household Use
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