Some of the key players profiled in the Paper Straw Market include Huhtamaki OYJ, Biopak, Royal Paper Industries, Footprint, Hoffmaster Group Inc, Transcend Packaging Ltd, Ningbo Jiangbei Shenyu Industry and Trade Co Ltd, and Wuxi Jiejing Packing Co Ltd.
Gaithersburg, Maryland, United States – January 7, 2020 /MarketersMedia/ —
Increasing awareness regarding the use of plastic products, growing demand for sustainable materials for food packaging industries, and enhanced features of paper straws are the factors driving the market growth. However, high cost of paper straws when compared with plastic straws may hinder the market growth.
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A paper straw is a small pipe made of paper material that allows its user to consume a beverage more conveniently. Paper straws are a great alternative to the plastic straws. These are made of biodegradable environmental materials and food safe ink and are much better for the environment and can be recycled.
By Material, Virgin Paper segment is likely to have a huge demand during the forecast period as straws made from virgin paper are strong, consistent, and have superior absorbency rates. These also trim down wastage as consumers need not use several straws for a one particular use.
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Based on geography, Europe is going to have a lucrative growth during the forecast period owing to the greater demand for paper straws in countries such as Germany and UK. They are mostly used in the European foodservice industry. In addition, the strong pressure of environmental and governmental regulations to prohibit plastics in the region is projected to drive the growth of the paper straw market.
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Materials Covered:
• Recycled Paper
• Virgin Paper
Straw Lengths Covered:
• >10.5 Inches
• 8.5-10.5 Inches
• 7.75-8.5 Inches
• 5.75-7.75 Inches
• 0.4 Inches
• 0.25 – 0.4 Inches
• 0.196 – 0.25 Inches
• 0.15 – 0.196 Inches
•
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Source: MarketersMedia
Release ID: 88941693
