Eco-Friendly Straws Market 2022: Comprehensive Study by Top Key Players Covered

To provide optimum benefits to the industry, an influential Eco-Friendly Straws Market survey report has been produced with the most up-to-date knowledge and analysis. For a thorough understanding of the market, the study may be used by both established and emerging participants in the sector. This research also provides historical data, current and future market trends, the environment, technological innovation, forthcoming technologies, and technical advancement in the connected sector. Industry research, customer insights, market sizing and forecast, competition analysis, market entrance strategy, price trends, sustainability trends, innovation trends, technological evolution, and distribution channel assessment are all included in the scope of the Eco-Friendly Straws Market study.

Sales of eco-friendly straws are expected to reach a value of US$ 2.2 billion by the end of 2030, growing at a stable CAGR of 5.1 percent (2022-2030). The global eco-friendly straws industry is currently valued at US$ 1.5 billion.

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According to FMI, the worldwide eco-friendly straws market will rise at a healthy rate through 2030, owing to a growing emphasis on sustainable manufacturing and consumption. According to the report, increased environmental concerns and awareness about sustainable living would impact investments in eco-friendly products, with straws as a category benefiting.

With an increasing share of consumers preferring fast food and other ready-to-serve meals, demand for eco-friendly straws is particularly significant in the foodservice sector.

Important Takeaways

1. Through 2030, the global market for eco-friendly straws is expected to grow at a CAGR of 5.1 percent.
2. Market development is expected to be fueled by strict legislative regulations paired with NGOs’ awareness activities to reduce plastic waste.
3. Due to its improved material neutrality, virgin kraft paper will see the most acceptance in the creation of eco-friendly straws.
4. Europe will see more expenditures in eco-friendly straws as e-commerce sales top $2 billion by 2030.

“Vendors are considering collaborating with governmental bodies and global platforms to increase awareness about plastic waste generation as a key method to promote sales of eco-friendly straws,” the FMI analyst said.

Top Key Players Covered –

• Huhtamaki Oyj.
• Biopac (UK) Ltd.
• Sulapac Oy
• The Paper Straw Co.
• Vegware Ltd.
• Hello Straw
• The Blue Straw
• JOVAMA
• Wilbistraw
• SAS OSTONE
• EVOQ Sp. Z.O.O
• TIPI STRAWS
• Stroodles
• Papearth

COVID-19 Impact Analysis

With the onset of the coronavirus pandemic, a definite hygiene oriented pattern has emerged within consumers’ habits. Consumers are reallocating their budgets towards purchasing immunity and hygiene enhancing foods and beverages.

This trend of healthy drinking and eating also entails utilization of environmentally friendly utensils such as paper plates, bowls, straws and cutlery. Hence, demand for eco-friendly straws in household settings has witnessed a major spike since the past few months.

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The imposition of lockdowns has compelled organizations to issue work-from-home directives. Subsequently, there has been an increase in the demand for fast foods and ready-to-drink beverages through online delivery platforms. This has impelled the sales of eco-friendly straws.

A moderate downswing is anticipated with the cessation of outdoor dine-in activities. Fears of community infection spreading has compelled hotels, cafeterias and restaurants to suspend all dining operations, decelerating demand for eco-friendly straws across the commercial sector.

Competitive Landscape

Key players are focusing on expanding their reach globally by diversifying their product portfolio. They also undertake awareness campaigns to minimize usage of non-recyclable material and strategic partnerships with existing players.

In 2021, Sulapac Oy joined forces with Stora Enso to develop renewable and biodegradable straws. This partnership is a product of both companies’ commitment to combat the global problem of plastic waste generation. The straws are made from wood and natural binders, recyclable via industrial composting.

Recently, in May 2022, Huhtamaki Oyj collaborated with WasteAid and announced a global partnership to drive community level circular economy innovation in key locations. The collaboration aims to provide education and training on waste management and circular systems and work with key stakeholders across India, Vietnam and South Africa.

Key Segments Of Eco-Friendly Straws Industry Survey

Eco-Friendly Straws Market By Straw Width / Diameter :

• < 7 mm Eco-friendly Straws
• 7-10 mm Eco-friendly Straws
• 10-15 mm Eco-friendly Straws
  • 15 mm Eco-friendly Straws

Eco-Friendly Straws Market By Product Type :

Straight Eco-friendly Straws

• Printed
• Non-printed
• Flexible Eco-friendly Straws
• Printed
• Non-printed

Eco-Friendly Straws Market By Distribution Channel :

• Eco-friendly Straw Manufacturers (Direct Sales)
• Eco-friendly Straw Distributors
• Eco-friendly Straw Retailers
• Eco-friendly Straws Sold in Hypermarkets
• Eco-friendly Straws Sold in Supermarkets
• Eco-friendly Straws Sold in Convenience Stores
• Eco-friendly Straws Sold in Specialty Stores
• Eco-friendly Straws Sold in Discount Stores & Warehouse/Wholesale Clubs
• Eco-friendly Straws Sold through e-Retail

Eco-Friendly Straws Market By Material :

• Paper Eco-friendly Straws
• Virgin Craft Paper
• Recycled Paper
• Pasta Eco-friendly Straws
• Glass Eco-friendly Straws
• Bamboo Eco-friendly Straws
• Polylactic Acid (PLA) Eco-friendly Straws
• Metal Eco-friendly Straws

Eco-Friendly Straws Market By End Use :

• Eco-friendly Straws for Food Service
• Eco-friendly Straws for Hotels & Logistics
• Eco-friendly Straws for Bars & Lounges
• Eco-friendly Straws for Cafes & Fast Food Outlets
• Eco-friendly Straws for Cinemas
• Eco-friendly Straws for Airline & Railway Catering
• Eco-friendly Straws for Institutional Use
• Eco-friendly Straws for Educational Use
• Eco-friendly Straws for Healthcare Use
• Eco-friendly Straws for Corporate Use
• Eco-friendly Straws for Household Use

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 The business intelligence report also offers an incisive outlook on competitive landscape by analyzing the key development strategies of the market players. According to the study, the market shows a high level of consolidation, with local and regional players catering to domestic and urgent demands, while leading players with strong regional presence account for relatively small share in the market.

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