Drinking Straw Market, Size, Share, Opportunities and Forecast, 2020-2027

SKU: DPC491 | Last Updated On: Jan 15 2021 | No. of Pages: 180 | Available Formats

> Global Drinking Straw Market Expected to reach at a high CAGR By 2027: DataM Intelligence

Global Drinking Straw Market is segmented By Product Type (Plastic Drinking Straw, Paper Drinking Straw), By Application (Foodservice, Institutional, Households), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2020-2027

 

Market Overview

The Global Drinking Straw Market is expected to grow at a high CAGR during the forecasting period (2020-2027).

Drinking straw is a small cylindrical hollow tube used for consuming a beverage by placing its one end in the mouth and other in the beverage. It can be made up of paper, bamboo, stainless steel, plastics or others. Drinking straws are widely used in cars, cafes, quick service restaurants, lounges, roadside eateries, and in residential houses and apartments.

Overview

**Source: DataM Intelligence Analysis 

Market Dynamics:

The market growth is driven by the blooming food and beverage industries globally with the changing consumers preferences and tastes which has led to the customization of the food and beverage. Market is witnessing the high increase in the number of the international and local restaurants, hotels, and café chains which is increasing the demand of drinking straws.

Growing concerns regarding the usage of the 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. For instance, in September 2019, Ahlstrom-Munksjö had launched a new innovative U-shaped drinking straw i.e. celluStraw which is a fiber-based solution made of renewable materials. It is an  industry’s emerging initiatives to phase out single-use plastic straws. It comprises of the specialty paper grades developed for the inner and outer plies of paper straws. It has high wet-strength and mechanical resistance which ensures that the paper straws remain in excellent condition and withstand in liquids for a sufficient time.

However, the availability of alternative material such as metal, glass, bamboo, and silicone for producing the drinking straw is hindering the market growth. Use of the plastic straw is impacting the environment, birds, and animals. Around 437 million to 8.3 billion plastic straws are lying on the world's coastlines.

Segment Analysis

The global drinking straw market is segmented based on type as plastic drinking straw, and paper drinking straw. Paper drinking straw is expected to have the high market growth due to rising demand of the paper drinking straw as the packaging industry is witnessing shift towards non-plastic sustainable materials from plastic products. Consumers are widely using the paper drinking straws at home, parties, on-the-go drinks, concession stands, food service, schools, institutional and others.

Plastic drinking straw segment  is expected to have the negative market growth over the forecasted period due to the banning of the plastic straws. Corporations, municipalities, and governments are imposing bans on the plastic straws. For instance, in July 2018, McDonald’s has planned to ban plastic straws at its United Kingdom and Ireland restaurants. These plastic straws are cheaper in comparison to the paper straws. Few of the market players have taken the initiatives of manufacturing the paper straws to replace the plastic straws.

Further, the market is also classified on the basis of application into foodservice, institutional, and households. Foodservice accounts for high market size due to the rising use of drinking straws in bars, lounges, restaurants, motels and hotels. High sales of drinking straws are observed in bars, lounges, and hotels in comparison to the restaurants and motels. Majority sales of drinking straws are observed in the Cafes.

Institutional sectors comprised of schools, colleges, research centers, nursing homes, hospitals, and others. Institutional sectors account for the positive market share due to the rising demand for drinking straws in the institutional sector, especially in corporates. Moreover, there is rising consumption of the drinking straws in the healthcare sectors is expected to accelerate the market over the forecasted period.

Geographical Presentation

By region, the global drinking straw market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East and Africa. Among all of the regions, North America dominates the market due to growing food services by commercial foodservice such as full-service restaurants, fast food outlets, caterers, some cafeterias, and other places and institutional food service facilities such as schools, colleges, and healthcare institutes. According to the United States Department of Agriculture, food services and food retailing supplied about USD 1.46 trillion of food in 2014. Full-service and fast-food restaurants account for 79 percent of all food-away-from-home sales.

There is a high demand for straws in the United States and Canada. Around 500 million straws are used every single day in the United States. Every year, around 8 million tons of plastics flowed in the oceans and plastic straws account for 0.025% of those plastics. The market is witnessing the ban on the use of plastic straws especially in the United States due to rising environmental concerns. Single-use plastic and plastic packaging have a negative impact on the quality of food chains and water supplies and kill a large number of animals, fish and birds each year. Starbucks has planned to phase out plastic straws by 2020. Alaska Airlines has also planned to phase out plastic straws.

The Asia Pacific is expected to have the fastest market growth due to the rising demand for straws due to the rising number of manufacturers and retailers for manufacturing and selling plastic straws. Several companies are looking for opportunities in this region. The rapid growth of the beverage industry shall stimulate market growth. The beverage industry accounts for around USD 230 million out of  USD 65 billion food processing industry. Rising awareness and attractiveness towards organic beverages especially in India and China are expected to boost the market growth over the forecasted period. Growing digital transformation has led to the high adoption of E-commerce due to increasing internet and smartphone penetration. According to the Indian Brand Equity Foundation, the Indian e-commerce market is expected to grow from USD 38.5 billion in 2017 to USD 200 billion by 2026. India’s internet economy is expected to increase from USD 125 billion in 2017 to USD 250 billion by 2020.

Competitive Analysis

The global drinking straw market is highly competitive with the presence of local and international players with competitive prices. Companies are focusing on strategic developments such as new product launch, market expansion, technology advancement, product differentiation for holding the major share in the market. R&M Plastic Products, Aardvark, B&B Straw Pack, Nippon Straw, The Paper Straw,  Stone Straw and Tawfikiya Plastic

Several companies are replacing the plastic straws with the paper straws due to the changing preferences of customers and requirements for an eco-friendly product. For instance, in August 2018, Footprint, LLC, had launched the paper straw manufacturing site based in the United States to eliminate plastic straws. The company comprises of the 100% bio-based paper straws available in a wide range of colors, sizes, and lengths. The manufacturing site has a production capacity of 27 million paper straws daily. This company has replaced more than 8 million pounds of plastic from its packaging. In December 2018, Fuling Global Inc. had set up the new manufacturing plant in Monterrey, Mexico for producing paper straws and paper cups with 10,000 tons capacity.

The companies are entering into the collaborations, mergers, strategic partnerships and acquisitions to increase the demand for drinking Straw and their expansion across the globe. For instance, In December 2019, Ahlstrom-Munksjö had acquired converting operations in China and the United States from Shunde Lucas and Altior Industries. Through this acquisition, Ahlstrom-Munksjö would have local filter converting capacity in China and a foothold for expanding sales of other products within the Advanced Liquid Technologies business.  

Companies are also raising the investments for increasing their expansion, customer reach, and market penetration. For instance, in December 2019, Ahlstrom-Munksjö had issued EUR 100 million capital securities that would be used for the general corporate purposes and refinancing, to increase financial flexibility and support the company’s ongoing strategic initiatives

Why Purchase the Report?

  • Visualize the composition of the global Drinking Straw  Market products across each product type and application highlighting the critical commercial assets and players.
  • Identify commercial opportunities in the global Drinking Straw  Market by analyzing trends and co-development deals.
  • Comprehensive details on factors driving the market growth.
  • Excel data sheet with thousands of data points of global Drinking straw market-level segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.

**The global Drinking Straw  report will provide access to approximately 53 market data tables, 44 figures, and 178 pages

Target Audience

  • Industry Investors/Investment Bankers
  • Suppliers/Buyers
  • Education & Research Institutes
  • Manufacturers
  • Research Professionals
  • Emerging Companies
  • Distributors

 

Table of Contents

  1. Drinking Straw  Market Methodology and Scope

    1. Research Methodology
    2. Research Objective and Scope of the Report
  2. Drinking Straw  Market – Market Definition and Overview

  3. Drinking Straw  Market– Executive Summary

    1. Market Snippet by Product Type
    2. Market Snippet by Application
    3. Market Snippet by Region
  4. Drinking Straw  Market Dynamics

    1. Market Impacting Factors
      1. Drivers
      2.  Restraints
      3. Impact Analysis
    2. Opportunity
  5. Drinking Straw  Market – Industry Analysis

    1. Porter's Five Forces Analysis
    2. Supply Chain Analysis
    3. Regulatory Analysis
    4. Pricing Analysis
  6. Drinking Straw  Market– By Product Type

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      2. Market Attractiveness Index, By Product Type
    2. Plastic Drinking Straw*
      1. Introduction
      2. Market Size Analysis, US$ Mn, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
    3. Paper Drinking Straw
  7. Drinking Straw  Market– By Application

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      2. Market Attractiveness Index, By Application
    2. Foodservice*
      1. Introduction
      2. Market Size Analysis, USD Mn, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
    3. Institutional
    4. Households
  8. Drinking Straw  Market - By Region

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
      2. Market Attractiveness Index, By Region
    2. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. The U.S.
        2. Canada
        3. Mexico
    3. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Germany
        2. The U.K.
        3. France
        4. Rest of Europe
    4. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    5. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. Rest of Asia Pacific
    6. The Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
  9.  Drinking Straw  Market Competitive Landscape

    1. Competitive Scenario
    2. Market Positioning/Share Analysis
    3. Mergers and Acquisitions Analysis
  10. Drinking Straw  Market Company Profile

    1. R&M Plastic Products*
      1. Company Overview
      2.  Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Aardvark
    3. Absolute Custom Extrusions
    4. B&B Straw Pack
    5. Nippon Straw
    6. The Paper Straw
    7. Profile International
    8. Tawfikiya Plastic Manufacturing S.A.E
    9. Southeastern Liquid Analyzers
    10. Stone Straw (*List is not exhaustive)
  11. Drinking Straw  Market – Premium Insights

  12. Drinking Straw  Market – DataM

    1. Appendix
    2. About Us and Services
    3. Contact Us

List of Tables & Figures

List of Tables 

Table 01 Global Drinking Straw  Market Value, By Product Type, 2018,2022 & 2027 ($ Million)

Table 02 Global Drinking Straw  Market Value, By Application, 2018,2022 & 2027 ($ Million)

Table 03 Global Drinking Straw  Market Value, By Region, 2018,2022 & 2027 ($ Million)

Table 04 Global Drinking Straw  Market Value, By Product Type, 2018,2022 & 2027 ($ Million)

Table 05 Global Drinking Straw  Market Value, By Product Type, 2017-2027 ($ Million)

Table 06 Global Drinking Straw  Market Value, By Application, 2018,2022 & 2027 ($ Million)

Table 07 Global Drinking Straw  Market Value, By Application, 2017-2027 ($ Million)

Table 08 Global Drinking Straw  Market Value, By Region, 2018,2022 & 2027 ($ Million)

Table 09 Global Drinking Straw  Market Value, By Region, 2017-2027 ($ Million)

Table 10 North America Drinking Straw  Market Value, By Product Type, 2017-2027 ($ Million)

Table 11 North America Drinking Straw  Market Value, By Application, 2017-2027 ($ Million)

Table 12 North America Drinking Straw  Market Value, By Country, 2017-2027 ($ Million)

Table 13 South America Drinking Straw  Market Value, By Product Type, 2017-2027 ($ Million)

Table 14 South America Drinking Straw  Market Value, By Application, 2017-2027 ($ Million)

Table 15 South America Drinking Straw  Market Value, By Country, 2017-2027 ($ Million)

Table 16 Europe Drinking Straw  Market Value, By Product Type, 2017-2027 ($ Million)

Table 17 Europe Drinking Straw  Market Value, By Application, 2017-2027 ($ Million)

Table 18 Europe Drinking Straw  Market Value, By Country, 2017-2027 ($ Million)

Table 19 Asia-Pacific Drinking Straw  Market Value, By Product Type, 2017-2027 ($ Million)

Table 20 Asia-Pacific Drinking Straw  Market Value, By Application, 2017-2027 ($ Million)

Table 21 Asia-Pacific Drinking Straw  Market Value, By Country, 2017-2027 ($ Million)

Table 22 Middle East & Africa Drinking Straw  Market Value, By Product Type, 2017-2027 ($ Million)

Table 23 Middle East & Africa Drinking Straw  Market Value, By Application, 2017-2027 ($ Million)

Table 24 R&M Plastic Products: Overview

Table 25 R&M Plastic Products: Product Portfolio

Table 26 R&M Plastic Products: Key Developments

Table 27 Aardvark: Overview

Table 28 Aardvark: Product Portfolio

Table 29 Aardvark: Key Developments

Table 30 Absolute Custom Extrusions: Overview

Table 31 Absolute Custom Extrusions: Product Portfolio

Table 32 Absolute Custom Extrusions: Key Developments

Table 33 B&B Straw Pack: Overview

Table 34 B&B Straw Pack: Product Portfolio

Table 35 B&B Straw Pack: Key Developments

Table 36 Nippon Straw: Overview

Table 37 Nippon Straw: Product Portfolio

Table 38 Nippon Straw: Key Developments

Table 39 The Paper Straw: Overview

Table 40 The Paper Straw: Product Portfolio

Table 41 The Paper Straw: Key Developments

Table 42 Profile International: Overview

Table 43 Profile International: Product Portfolio

Table 44 Profile International: Key Developments

Table 45 Tawfikiya Plastic Manufacturing S.A.E: Overview

Table 46 Tawfikiya Plastic Manufacturing S.A.E: Product Portfolio

Table 47 Tawfikiya Plastic Manufacturing S.A.E: Key Developments

Table 48 Southeastern Liquid Analyzers: Overview

Table 49 Southeastern Liquid Analyzers: Product Portfolio

Table 50 Southeastern Liquid Analyzers: Key Developments

Table 51 Stone Straw: Overview

Table 52 Stone Straw: Product Portfolio

Table 53 Stone Straw: Key Developments

 

List of Figures

Figure 01 Global Drinking Straw  Market Share, By Product Type, 2018 & 2027 (%)

Figure 02 Global Drinking Straw  Market Share, By Application, 2018 & 2027 (%)

Figure 03 Global Drinking Straw  Market Share, By Region, 2018 & 2027 (%)

Figure 04 Global Drinking Straw  Market Value, 2017-2027 ($ Million)

Figure 05 Global Drinking Straw  Market Y-o-Y Growth, By Product Type, 2018-2027 (%)

Figure 06 Plastic Drinking Straw: Global Drinking Straw  Market Value, 2017-2027 ($ Million)

Figure 07 Paper Drinking Straw: Global Drinking Straw  Market Value, 2017-2027 ($ Million)

Figure 08 Global Drinking Straw  Market Y-o-Y Growth, By Application, 2018-2027 (%)

Figure 09 Foodservice: Global Drinking Straw  Market Value, 2017-2027 ($ Million)

Figure 10 Institutional: Global Drinking Straw  Market Value, 2017-2027 ($ Million)

Figure 11 Household: Global Drinking Straw  Market Value, 2017-2027 ($ Million)

Figure 12 Global Drinking Straw  Market Y-o-Y Growth, By Region, 2018-2027 (%)

Figure 13 North America Drinking Straw  Market Value, 2017-2027 ($ Million)

Figure 14 North America Drinking Straw  Market Share, By Product Type, 2018 & 2027 (%)

Figure 15 North America Drinking Straw  Market Share, By Application, 2018 & 2027 (%)

Figure 16 North America Drinking Straw  Market Share, By Country, 2018 & 2027 (%)

Figure 17 South America Drinking Straw  Market Value, 2017-2027 ($ Million)

Figure 18 South America Drinking Straw  Market Share, By Product Type, 2018 & 2027 (%)

Figure 19 South America Drinking Straw  Market Share, By Application, 2018 & 2027 (%)

Figure 20 South America Drinking Straw  Market Share, By Country, 2018 & 2027 (%)

Figure 21 Europe Drinking Straw  Market Value, 2017-2027 ($ Million)

Figure 22 Europe Drinking Straw  Market Share, By Product Type, 2018 & 2027 (%)

Figure 23 Europe Drinking Straw  Market Share, By Application, 2018 & 2027 (%)

Figure 24 Europe Drinking Straw  Market Share, By Country, 2018 & 2027 (%)

Figure 25 Asia-Pacific Drinking Straw  Market Value, 2017-2027 ($ Million)

Figure 26 Asia-Pacific Drinking Straw  Market Share, By Product Type, 2018 & 2027 (%)

Figure 27 Asia-Pacific Drinking Straw  Market Share, By Application, 2018 & 2027 (%)

Figure 28 Asia-Pacific Drinking Straw  Market Share, By Country, 2018 & 2027 (%)

Figure 29 Middle East & Africa Drinking Straw  Market Value, 2017-2027 ($ Million)

Figure 30 Middle East & Africa Drinking Straw  Market Share, By Product Type, 2018 & 2027 (%)

Figure 31 Middle East & Africa Drinking Straw  Market Share, By Application, 2018 & 2027 (%)

Figure 32 R&M Plastic Products: Financials

Figure 33 Aardvark: Financials

Figure 34 Absolute Custom Extrusions: Financials

Figure 35 B&B Straw Pack: Financials

Figure 36 Nippon Straw: Financials

Figure 37 The Paper Straw: Financials

Figure 38 Profile International: Financials

Figure 39 Tawfikiya Plastic Manufacturing S.A.E: Financials

Figure 40 Southeastern Liquid Analyzers: Financials

Figure 41 Stone Straw: Financials

Drinking Straw Market Infogrpah

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