The surge in the prevalence of food chain establishments throughout Canada is poised to generate favorable prospects for manufacturers in the straw industry, propelling further growth in this sector.
The projected growth of the Canada Straws Market suggests a substantial increase in its market value. Anticipated figures show that the market is expected to expand from a value of US$ 57.7 million in 2023 to reach an estimated US$ 113.7 million by the year 2033. This trajectory indicates a robust compound annual growth rate (CAGR) of 7.0% for the period spanning from 2023 to 2033.
Over the past few years, there has been a notable uptick in the consumption of packaged and processed food items across Canada. This trend can be attributed to the fast-paced nature of modern lifestyles, an upswing in disposable income, and evolving eating patterns among the population.
The Canada Straws Market, like many other regions, has been undergoing significant changes due to environmental concerns, changing consumer preferences, and regulatory measures aimed at reducing plastic waste.
Get Exclusive Sample Copy of the Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-17369
In response to this heightened demand for healthier beverage selections, companies specializing in juice packaging have diversified their product offerings, catering to a range of tastes and preferences. The inclusion of straws in these beverages serves a dual purpose – it not only offers consumers a convenient and mess-free experience but also contributes to the preservation and spillage prevention of these wholesome drinks.
Key aspects of Canada Straws:
- Materials:
- Plastic Straws: Traditional plastic straws are commonly made from polypropylene or other plastic polymers. However, due to environmental concerns related to plastic pollution, there has been a push for alternatives.
- Paper Straws: Paper straws are an eco-friendly alternative to plastic. They are biodegradable and compostable, making them a more sustainable option.
- Metal Straws: Stainless steel or other metals are used to create reusable straws. Metal straws are durable, can be cleaned and reused, and are often marketed as a more sustainable choice.
- Bamboo Straws: Bamboo straws are another eco-friendly option. They are biodegradable and can be a good choice for those looking for a natural material.
- Biodegradable Plastics: Some straws are made from biodegradable or compostable plastics. These materials are designed to break down more easily than traditional plastics.
- Designs:
- Regular Straws: The standard straight or slightly angled straw design used for a wide range of beverages.
- Flexible Straws: These straws have a flexible section that allows users to bend the straw at different angles. They are often used in fast-food restaurants and for convenience.
- Jumbo Straws: Larger in diameter than regular straws, jumbo straws are suitable for thicker drinks like milkshakes.
- Bobas or Bubble Tea Straws: Extra wide straws designed for beverages with larger tapioca pearls or other similar items.
- Environmental Impact:
- Plastic Pollution: Single-use plastic straws contribute to environmental issues, particularly ocean pollution. Many organizations and individuals are advocating for reducing or eliminating the use of plastic straws.
- Alternatives: To address environmental concerns, there has been a growing shift towards alternative materials such as paper, metal, and biodegradable plastics.
- Reusable Options: Reusable straws, often made of stainless steel or silicone, provide a more sustainable option for those who want the convenience of a straw without contributing to single-use plastic waste.
Request Report Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-17369
Market Key Factors
The rising consumer preference for on-the-go beverages is expected to be a key driver in boosting straw sales across the country. Furthermore, the increasing popularity of eco-friendly straws is poised to create lucrative opportunities for manufacturers, particularly those committed to sustainable production practices.
The robust growth of the food service sector throughout Canada is anticipated to substantially increase the demand for straws.
This trend reflects a growing awareness among consumers and businesses about the environmental impact of single-use plastics, driving a shift towards more environmentally friendly alternatives in the straw market.
Buy Now/Purchase this Report: https://www.futuremarketinsights.com/checkout/17369
Competitive Landscape
Pactiv LLC, Eviro Glass Straws Ltd., Stone Straw, Blowholes, Green Circle, Canada, GSM Paper Straws, Waterhorse Paper Straws, Canada Brown Eco Products Ltd, Aardvark Straws, Future Care Packaging Inc., Tembo Paper, Green Century Enterprise Inc., and TetraPak Inc are few of the leading straw manufacturers in Canada market.
These key manufacturers of straws are concentrating on developing sustainable solutions to expand their customer base. They are also employing strategies such as partnerships, mergers, and acquisitions to gain a competitive edge in the market. For instance,
- In October 2021, Tembo announced partnership with McDonalds Canada to provide paper straws for more than 1400 McDonalds restaurants in Canada.
Key Players:
- Pactiv LLC
- Eviro Glass Straws Ltd.
- Stone Straw
- Blowholes
- Green Circle, Canada
- GSM Paper Straws
- Waterhorse Paper Straws
- Canada Brown Eco Products Ltd
- Aardvark Straws
- Future Care Packaging Inc.
- Tembo Paper
- Green Century Enterprise Inc.
Canada Straws Market Segmentation
By Material Type:
- Single Use Plastic (SUP)
- Bioplastics
- Paper
- Metal
- Glass
- Bamboo
- Others
By Straw Length:
- <9 cm
- 9-15 cm
- 16-20 cm
- >20 cm
By Sales Channel:
- Manufacturers
- Distributors
- Retailers
- Hypermarkets
- Supermarkets
- Convenience Stores
- Specialty Stores
- Discount Stores
- E-retail
By End Use:
- Foodservice
- Hotels & Restaurants
- Bars & Lounges
- Cafes & Fast-Food Outlet
- Cinemas
- Airline & Railway
- Institutional
- Educational
- Healthcare
- Corporate
- Households