Bamboo straws are eco-friendly alternatives to traditional plastic straws, offering a sustainable solution to reduce plastic waste and environmental impact.
By 2034, the global Bamboo Straws Market is forecasted to reach a substantial value of US$ 7.7 billion, showcasing a steady 5.0% is the compound annual growth rate (CAGR). This notable growth trend demonstrates how bamboo straws are becoming a more popular and widely used sustainable substitute for conventional plastic straws. The market for bamboo straws is expected to be worth US$ 4.8 billion by 2024.
Customers are choosing more environmentally friendly products as they become more conscious of their possibilities. The shift to straws made of non-plastic is the newest fashion. Because bamboo is a sustainable material, there is no environmental harm caused by the manufacturing of bamboo straws.
Bamboo straws are created from actual intact bamboo stalks; they are not treated or recompressed. Reusable, washable, long-lasting, naturally antimicrobial, visually appealing, and ideal for both hot and cold liquids, bamboo straws have many advantages.
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Growth Factors
The surge in global plastic straw consumption over the past few years has sparked concerns about its detrimental effects on the environment. In response to the alarming levels of plastic waste and its adverse impact, both the European Union and governments worldwide have taken decisive action to curb the use of single-use plastic cutlery and related products.
In a landmark move, the European Union, along with other global governments, has implemented bans on single-use plastic items, including plastic straws, stirrers, bags, cups, and more. This regulatory shift has prompted manufacturers in North America and Europe to transition towards sustainable alternatives and reusable options for straws.
For instance, the English government has introduced regulations prohibiting the supply of drinks products with single-use plastic straws, while in Canada, federal authorities are poised to implement a ban on plastic straws by the end of 2022. Moreover, various cities across California, such as San Francisco, Long Beach, Manhattan, and Oakland, have enacted local bans on plastic straws, further driving the demand for eco-friendly alternatives.
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Key Players
- Dragonfly Bamboo Inc.
- DevOcean LLC
- Ola Bamboo
- The Other Straw
- The Humble Co.
- Bamboo Straw Girl
- Jungle Straws
- Gumi Bamboo
- Bamboo Mamboo Limited LDA
- Oceans Republic Company Limited
- Restraws
- EURO STRAWS SE
- Ha Thai bamboo lacquer production export Co., Ltd.
- ECO BAMBOO
- Bamboo Step
Bamboo Straws Market by Category
By Straw Length, Bamboo Straws Market is Segmented as:
- <9 cm
- 9 – 15 cm
- 16 – 20 cm
- >20 cm
By Sales Channel, Bamboo Straws Market is Segmented as:
- Manufacturers
- Distributors
- Retailers
- E-retail
By End-user, Bamboo Straws Market is Segmented as:
- Food Service
- Institutional
- Household
By Region, Bamboo Straws Market is Segmented as:
- North America
- Latin America
- Europe
- South Asia
- East Asia
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