Eco-Friendly Straw Market Report 2024

This Eco-Friendly Straw market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The eco-friendly straw market size has grown rapidly in recent years. It will grow from $9.84 billion in 2023 to $11.03 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The growth during the historic period can be attributed to heightened environmental awareness, increasing government regulations on plastic usage, a growing consumer demand for sustainable products, the global movement against single-use plastics, expanding corporate social responsibility initiatives, and the rise of green certifications.

The eco-friendly straw market size is expected to see rapid growth in the next few years. It will grow to $17.55 billion in 2028 at a compound annual growth rate (CAGR) of 12.3%. The projected growth during the forecast period can be attributed to increased investment in innovative sustainable materials, the expansion of global bans on plastic straws, the growing adoption of circular economy models, rising partnerships between businesses and environmental organizations, and evolving government incentives for the development of eco-friendly products. Key trends expected in this period include advancements in technology for biodegradable coatings, innovations for mass production, the development of eco-friendly packaging, the integration of sustainability into brand identity, incorporation into supply chains, and innovations in straw designs.

The growing sales of soft drinks and beverages are anticipated to drive the expansion of the eco-friendly straw market in the coming years. Soft drinks and beverages refer to non-alcoholic drinks, often carbonated or flavored, that are enjoyed for refreshment. The rising sales in this sector are attributed to shifting consumer preferences towards convenient, ready-to-drink options and the ongoing launch of innovative, health-focused products. Eco-friendly straws serve as a sustainable alternative to conventional plastic straws within the soft drinks and beverages industry, helping to minimize environmental impact while maintaining convenience for consumers. For instance, a report by the British Soft Drinks Association, a UK-based trade group, indicated that total soft drink sales in the UK reached 15.34 billion liters in 2023, marking a 2.9% year-over-year increase from 14.91 billion liters in 2022. Thus, the growth in soft drink and beverage sales is propelling the eco-friendly straw market.

Key players in the eco-friendly straw market are concentrating on the development of innovative products, such as biodegradable and compostable straws, to meet the increasing consumer demand for sustainable alternatives and adhere to stricter environmental regulations. These biodegradable and compostable straws present eco-friendly options compared to plastic straws, with biodegradable straws breaking down into smaller pieces over time, while compostable straws can fully convert into nutrient-rich compost under suitable conditions. For example, in January 2023, HMSHost, a US-based food service provider for highways and airports, launched BIOLO biodegradable and compostable straws in airport dining locations across the U.S. Made from a renewable plant-based material called polyhydroxyalkanoate (PHA), these straws are engineered to decompose in various environments, including soil and marine settings, within 180 days, leaving no microplastics behind. This initiative is part of HMSHost's commitment to reducing single-use plastics and builds on previous efforts to eliminate plastic straws from its operations.

In August 2022, Matrix Pack, a US-based packaging firm, acquired The Paper Straw Co. for an undisclosed amount. This acquisition is intended to enhance Matrix Pack's production capacity and broaden its European presence in the sustainable packaging market, allowing the company to address the growing demand for eco-friendly alternatives to plastic straws while improving operational efficiency and fostering innovation in product development. The Paper Straw Co. is a UK-based manufacturer specializing in high-quality, environmentally friendly paper straws.

Major companies operating in the eco-friendly straw market are Stora Enso, BioPak Pty Ltd, Eco-Products Inc., Greenmunch, BioGreen Bags, Brown Living, Eco-Pliant LLC, ECOSOUL Life, EcoStraws Limited, Evlogia Eco Care, Green Paper Products, Green Steel Straws, HAY Straws, Holy City Straw Company, Jungle Straws, Pappco Greenware, PKG Brand Design LLC, Rice Straw Co Ltd, SeaStraws Co., Simply Straws, Straw by Straw, StrawFree, Sunbrid Straw.

Asia-Pacific was the largest region in the eco-friendly straw market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the eco-friendly straw marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the eco-friendly straw marker report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Eco-friendly straws are drinking straws made from sustainable, biodegradable, or reusable materials aimed at minimizing environmental impact. These straws are designed to either break down naturally or be reused, thereby helping to reduce plastic waste in oceans and landfills.

The main types of eco-friendly straws include straight straws, printed straws, non-printed straws, and flexible straws. A straight straw is a cylindrical tube used for drinking beverages, characterized by its lack of bends or curves. These straws can be made from various materials, such as paper, virgin craft paper, recycled paper, pasta, glass, bamboo, polylactic acid (PLA), and metals. They are available in different widths and diameters, including < 7 mm, 7-10 mm, 10-15 mm, and > 15 mm. These straws are distributed through various channels, including manufacturers (direct sales), distributors, retailers, hypermarkets, supermarkets, convenience stores, specialty stores, discount stores, warehouses and wholesale clubs, and e-retailers. They find applications in a range of sectors, including food service, hotels and logistics, bars and lounges, cafes and fast food outlets, cinemas, airline and railway catering, institutional use, educational use, healthcare use, and more.

The eco-friendly straws market research report is one of a series of new reports that provides eco-friendly straws market statistics, including eco-friendly straws industry global market size, regional shares, competitors with an eco-friendly straws market share, detailed eco-friendly straws market segments, market trends and opportunities, and any further data you may need to thrive in the eco-friendly straws industry. This eco-friendly straws market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The eco-friendly straws market consists of sales of soft straws, reusable straws, durable straws, biodegradable straws, and compostable straws. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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