Global Drinking Straw Market - 2022-2029

Global Drinking Straw Market - 2022-2029

Market Overview

The global drinking straw market size was worth US$ XX million in 2021 and is estimated to show significant growth by reaching up to US$ XX million by 2029, growing at a CAGR of 23.1% within the forecast period (2022-2029).

A drinking straw is used to transfer beverage contents to the mouth. Although most straws are made of plastic, reusable and biodegradable straws have increased due to environmental concerns and new regulations. These straws are frequently constructed of metal, cardboard or silicone. One end of the straw is used in the mouth and the other is placed in a liquid. By applying suction, one lowers the air pressure in the mouth, which forces the liquid through the straw and into the mouth under atmospheric pressure. The bellows portion of a drinking straw can be adjusted an angle or straight.

Growing concerns regarding using environment-friendly products are increasing the demand for eco-friendly, natural & organic and reusable straws. Several companies are developing environment-friendly, biodegradable and renewable products with innovation, creating growth prospects for the future market.

Market Dynamics

Rising beverage industry demand worldwide drives the market share for drinking straws.

Rising beverage industry demand worldwide drives the market share for drinking straw

A drinking straw is a cylindrical-shaped hollow tube used to consume a drink by inserting one end in the mouth and the other in the beverage. It May consist of paper, stainless steel, bamboo, plastics, etc. Drinking straw is majorly used in the beverage industry.

Beverage industries focus on fulfilling customers ' desires, including maintaining stable and usable goods. The industry trend is to increase the intake of new or minimally refined goods. Food technologists are now seeking natural resource compounds to be used in drinks, such as growing their shelf life, adding natural preservatives, designing successful labeling, refining confirmation processes and creating new practical drinks.

Beverages are for human use and the food industry is a large part of this field. Products are usually separated into alcoholic and non-alcoholic products. The first comprises beers, wines and spirits; the latter contains tea, coffee, fruit juices and carbonated and non-carbonated sweetened beverages. The dairy business is one of the most sophisticated food industries when implementing new technology to produce products dependent on milk.

Decreasing demand for plastic straws due to hazardous effects on the environment creates a huge challenging atmosphere for the growth of drinking straw

As one of the most widespread types of single-use plastic, straws are one of the main culprits of unnecessary plastic pollution. People in U.S. alone use approximately five hundred million straws daily. Plastic straws are one of the most commonly used and easily disposed of plastic products.

The main problem is many types of straws cannot be recycled 100% due to the chemicals they are made from and the time and money requirement to collect and transport them to the recycling factories. In the case of most plastic straws, they are also not biodegradable and cannot be decomposed naturally by bacteria and other decomposers into non-toxic materials. Straws are more prone to ending up in waterways and eventually the oceans due to beach littering. The wind carries lightweight objects from trash cans, trash collection facilities, barges, boats and aquatic transport vehicles.

Most plastic straws also break into smaller particles and discharge chemicals into the soil, air and water that harm animals, plants, people and the environment.

According to Keep America Beautiful (KAB), paper-related food packaging, which comprises wrappers for plastic straws, is the 7th most littered item on land. Due to these negative effects, substitute straw products are gaining traction in the drinking straw market, which is detrimental to the easily manufactured, low-cost plastic straw market.

COVID-19 Impact Analysis

The drinking straws market is adversely affected due to COVID-19 as countries across the globe were in a lockdown state for most of 2020. The drinking straws are commonly used in restaurants, cafes, cinema theaters, hotels, bars, lounges and motels; these food services businesses were closed in April 2020. The majority of sales of drinking straws hence declined since May 2020.

The impact can be envisioned from outside dining in restaurants and pubs that have completely halted for some months after April 2020 globally. The impact has been visible, for instance, with the closures of quick-service restaurants. Even if, simultaneously, demand for food delivery has increased as people have stayed home more. Still, this increase in demand has not reimbursed the decrease in general in-store restaurant sales.

The overall impact of COVID-19 on demand for food service solutions decreased as countries and governments elevated restrictions on movement and access to public establishments. Although it is expected that normal market demand will take more time as the main market, U.S. is still going through the occasional spread of the infection and the possibility of 3rd wave of COVID-19.

Currently, as the world struggles with the third wave of COVID-19 and the vaccination program undertaken, the companies of drinking straws are working on defining the opportunities that will come from the crisis. The opportunities include generating innovation and identifying immediate and long-term shifts in our operating environment by shifting the main raw material from plastic to more sustainable materials.

Segment Analysis

The global drinking straw market is segmented in type, shape, application and region.

The straight drinking straws segment is growing at the fastest pace owing to the rising usage of straight straws in hotels, bars, lounges, restaurants, cafes, cinema theaters and motels

The global drinking straw market is segmented in shape: straight drinking straws, U-shape drinking straws and telescopic straws. Straight straws can be manufactured with plastic resins and biodegradable, compostable materials mixed; then, the mixture is extruded in a tube shape. The straight drinking straw segment is growing at the fastest pace owing to the rising usage of straight straws in hotels, bars, lounges, restaurants, cafes, cinema theaters and motels. According to Seattle Government Organization, in 2017, North American people used between 170 and 390 million straws daily to drink sugary beverages and soft drinks at hotels, restaurants, lounges, etc.

Further, the Plastic Pollution Coalition Organization also estimated that U.S. people use over 100 million plastic utensils daily. In contrast, North Americans used 500 million straws daily, propelling the demand for the straight straws market over the forecast period. According to the International Coastal Cleanup Organization report, around 409,087 units of trash straws were collected from the oceans of U.S. of America in 2016.

Geographical Analysis

Europe is the second largest region to grow the drinking straws market owing to the rising consumption of beverages in hotels, restaurants, cafés and many more

Europe is the second largest region to grow the drinking straws market owing to the rising consumption of beverages in hotels, restaurants, cafés and many more. According to the Seas At Risk Organization, in the Europe region, around 46 billion beverage bottles and 36.4 billion are produced and consumed annually due to growing beverages consumption in this region

As per the above organization, European countries, including Spain, Bulgaria, Greece and Latvia, have a requirement of around 110 straws per person per year, 30 straws per person per year, 80 straws per person per year and 75 straws per person per year respectively. Thus it created a massive demand for the drinking straws market for drinking beverages in these regions

Further launch of biodegradable, compostable paper straws by the leading European players have impelled the drinking straws market. For instance, on February 11, 2019, Huhtamaki launched a new range of paper straws with expansion in the European and global markets. Further August 8, 2019, Tetra Pak launched Paper Straws in the European market due to the growing consumption of carton-packaged beverages in this region.

Competitive Landscape

The global drinking straw market is highly competitive with local and global key players. The key players contributing to the market's growth are Hoffmaster Group, Inc, Huhtamaki, Nippon Straw, Profile International, Southeastern Liquid Analyzers, Inc., StoneStraw Limited, Paperstraw Group, B&B Straw Pack Co., Ltd, ACE, Absolute Custom, Extrusions, Inc, R&M Plastic Products Ltd, Tawfikiya Plastic Manufacturing S.A.E and others.

The major companies are adopting several growth strategies, such as product launches, acquisitions and collaborations, contributing to the global growth of the drinking straw market.
• For instance, on September 23, 2020, Ribena's leading UK-based juice drink manufacturers adopted Transcend Packaging’s innovative paper U-bend straw. Transcend Packaging, a British manufacturer, has launched a fully-recyclable and biodegradable U-bend paper straw.

Huhtamak

Overview: Hoffmaster Group, Inc. is a manufacturer and distributor of premium disposable paper tableware and drinking straw items required for restaurants, hospitals and other service industries. For instance, on August 6, 2018, Hoffmaster Group, Inc. acquired Aardvark, a manufacturer of printed straws and bendable Eco-Flex paper straws that are earth- and marine-friendly, food-safe, durable, durable, customizable and manufactured locally. Further, in 2019, the company acquired The Paper Straw Co, a UK-based paper straw manufacturing company through which it expanded its business related to straws in Europe. The company’s product portfolio includes consumer-packaged hemp straws, cocktail paper straws, jumbo paper straws, eco-flex paper straws, giant paper straws, bubble tea paper straws, custom paper straws and last chance straws.

Product Portfolio White Compostable Wrapped Paper Straws: 5.75"" White Wrapped Paper Straws
• These sturdy paper straws are excellent for serving drinks and arrive individually wrapped for sanitary service. They are FDA Food Grade Compliant approved, made from certified composites, non-toxic and BPA-free.
• 3200 individually wrapped paper straws
• Paper straws measure 5.75.""
• Made from heavyweight paper for sturdy function
• Cedar Grove Accepted
• Perfect for drinking and appetizer skewers
• Ideal for catering and events.

Key Development
• In 2019, Huhtamaki launched high-quality, sustainable paper straws designed with the help of fiber from sustainably managed forests. The Paper used in the straws and their wrapping is PEFC certified.

Why Purchase the Report?
• Visualize the global drinking straw market segmentation by type, shape, application and region, highlighting key commercial assets and players.
• Identify commercial opportunities in the drinking straw market by analyzing trends and co-development deals.
• Excel data sheet with thousands of global drinking straw market-level 4/5 segmentation points.
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the key product of all major market players

The global drinking straw market report would provide approximately 51 market data tables, 61 figures and 219 pages.

Target Audience 2022
• Service Providers/ Buyers
• Residential
• Research Laboratory
• Restaurant Business
• Energy & Utilities Companies
• Distributors