Paper Straws Market USD 2.44 Billion by 2024 - PowerPoint PPT Presentation

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Title: Paper Straws Market USD 2.44 Billion by 2024


1
Paper Straws Market Research Report - Global
Forecast till 2024
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2024
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VIEW REPORTS
2
Paper Straws Market Research Report- Forecast to
2024
Paper Straws Market 2020 Industry Survey,
Growth, Competitive Landscape and Forecasts to
2024
Paper Straws Market is projected to be valued at
USD 2.44 Billion by 2024 at a CAGR of 12.61 from
2019 to 2024. The market has registered over 40
growth since 2010. Paper straws are generally
sold in a variety of colors and patterns such as
polka dots or festive foil. Moreover,
manufacturers are producing paper drinking straws
with high durability. Being a plant-based
product, paper decomposes quickly as compared to
plastic.
Request a Sample Report _at_ https//www.marketresear
chfuture.com/sample_request/8510
3
Paper Straws Market Research Report-
Forecast to 2024
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
project report. Avail the in-depth table of
content TOC market synopsis on Paper Straws
Market Research Report - Global Forecast 2024
Rising demand for soft straws among the elderly
and motor-impaired Paper straws are a safe
alternative to conventional straws as they lower
the risk of injury caused by harder straws such
as plastic, glass, and metal. Increasing concerns
among the elderly and motor-impaired population
are influencing established foodservice outlets
to withdraw the use of plastic straws and replace
them with paper straws. The rising demand for
soft straws is directly influencing the sales of
paper straws across the globe.
4
Paper Straws Market Research Report- Forecast to
2024
Global Paper Straws Market, by Region, 2020
5
Paper Straws Market Research Report- Forecast to
2024
Regional Analysis
Increasing number of cafés and foodservice
chains In 2018, quick-service restaurants (QSRs)
and casual and fine dining restaurants accounted
for about 75 of the global restaurant and
foodservice industry. Furthermore, cafés bakery
and pubs, clubs, bars, and lounges (PBCL)
accounted for about 10, while institutional
catering and kiosks held the remaining 15 share
of the global restaurant and foodservice
industry. The number of food outlets is
anticipated to increase by more than 12 during
the forecast period. This is directly impacting
the growth of the global paper straws market. For
instance, Starbucks has started to phase out
plastic straws at a rate of 1 billion plastic
straws per year from its retail stores.
Similarly, other food chains such as McDonald's,
All Bar One, Wetherspoon, Pizza Express,
Wagamama, and Nando's and hotels such as Marriott
International have initiated the removal of
plastic straws from circulation and introduced
straw-less service or biodegradable straws
including paper variants.
Access Full Report _at_ https//www.marketresearchfu
ture.com/reports/paper-straw-market-8510
6
Paper Straws Market Research Report- Forecast to
2024
Application Major Players in this Research
  • Paper Straws Market Prominent Players
  • Huhtamäki Oyj (Finland)
  • Hoffmaster Group, Inc. (US)
  • Biopac Ltd (UK)
  • ECOPRO2 (US)
  • The Paper Straw Co. (UK)
  • Bygreen (Eco-Straw) (Australia)
  • Footprint, LLC (UAE)
  • OkStraw Paper Straws (US)

7
Paper Straws Market Research Report- Forecast to
2024
Paper Straws Market Segmented on the basis of
  • By Type
  • Flexible
  • Non-Flexible
  • By Region
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
  • By End-User
  • Household
  • Commercial

8
ABOUT US
MARKET RESEARCH FUTURE At Market Research Future
(MRFR), we enable our customers to unravel the
complexity of various industries through our
Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports
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Research Consulting Services. MRFR team have
supreme objective to provide the optimum quality
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clients. Our market research studies by products,
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and market players for global, regional, and
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to see more, know more, and do more, which help
to answer all their most important questions. In
order to stay updated with technology and work
process of the industry, MRFR often plans
conducts meet with the industry experts and
industrial visits for its research analyst
members. For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright 2018
Market Research Future All Rights Reserved. This
document contains highly confidential information
and is the sole property of Market Research
Future. No part of it may be circulated, copied,
quoted, or otherwise reproduced without the
written approval of Market Research Future.
9
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