Global Paper Straw Machines Market Growth 2024-2030
The paper straw machine is a machine that can manufacture paper straws for all kinds of drinks, such as bubble tea, coffee, etc.
The global Paper Straw Machines market size is projected to grow from US$ 923 million in 2024 to US$ 1308 million in 2030; it is expected to grow at a CAGR of 6.0% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Paper Straw Machines Industry Forecast” looks at past sales and reviews total world Paper Straw Machines sales in 2023, providing a comprehensive analysis by region and market sector of projected Paper Straw Machines sales for 2024 through 2030. With Paper Straw Machines sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Paper Straw Machines industry.
This Insight Report provides a comprehensive analysis of the global Paper Straw Machines landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Paper Straw Machines portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Paper Straw Machines market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Paper Straw Machines and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Paper Straw Machines.
Market CAGR for Straw Machine is being driven by the increasing demand for healthy food & beverage intake, and Brand owners moving toward providing eco-friendly packaging products. As reported by the International Council of Beverage Associations, 30% of soft drinks sold in Europe are categorized as no- or low-sugar beverages. The escalating demand for health-conscious food and beverage options is poised to drive the growth of the global food and beverage industry. On April 2018 European commission issued the directive that ban all single use plastic from 2021. Recognizing their corporate responsibilities, brand owners are increasingly shifting towards providing eco-friendly packaging products and cutlery. Manufacturers, brand owners, and retailers are actively introducing sustainable packaging solutions characterized by reusability, recyclability, or biodegradability. For example, in 2021, Sun-Rype Products, a division of A. Lassonde Inc., a Canadian fruit-based food and beverage manufacturer, announced the replacement of plastic straws with recyclable and flexible paper straws on all SunRype 200ml single-serve beverage boxes in Canada. This initiative encompasses all of SunRype's 200ml 100% juice and 200ml 60% less sugar juice products.
This report presents a comprehensive overview, market shares, and growth opportunities of Paper Straw Machines market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Telescopic Straws
Straight Straws
U-shaped Straws
Segmentation by Application:
Food and Beverages
Medicine
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Tembo Paper
Körber AG
Jota Machinery
IMA T&T
Wenzhou Gaoda Paper Tube Machinery Co., Ltd
Five Fingers
Miyakoshi STO
Anhui Wenying Machinery Technology Co., Ltd
Green Land Enterprise
Unitely Machinery
Henan Top Packing Machinery Co., Ltd
Hoffmaster Group
Jain Industries
Kally Machinery
Keewa
Kunshan Zhiyang Machinery
Nanjing Jieyang Machinery Co., Ltd
Nanjing Marrow Machinery Manufacture Co., Ltd
SELA
Sius American Inc
Key Questions Addressed in this Report
What is the 10-year outlook for the global Paper Straw Machines market?
What factors are driving Paper Straw Machines market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Paper Straw Machines market opportunities vary by end market size?
How does Paper Straw Machines break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.