Reusable Straw Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

May 2022
143 pages
ID: 5878839
Format: PDF
IMARC Group

Summary

Table of Contents

The global reusable straw market reached a value of US$ 1.8 Billion in 2021. Looking forward, the analyst expects the market to reach US$ 2.8 Billion by 2027, exhibiting a CAGR of 7.7% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

A reusable straw is an eco-friendly variant of straw that is generally made-up of recyclable materials such as stainless steel, bamboo, glass, and titanium among many others. It is safer and more convenient to use, easily cleanable and helps in curbing the non-biodegradable waste generation levels, in comparison to its plastic counterparts. Owing to this, reusable straws are widely utilized across restaurants, hotels, cafes, schools, hospitals and hospitality-related sectors.

Growing environmental concerns, coupled with rising consumer awareness towards the ecological benefits of reusable straw have augmented its demand globally. Based on the implementation of stringent government regulations against the consumption of single-use plastic. Several straw manufacturers are introducing reusable straws made up of food-grade silicon. Furthermore, the hectic and sedentary consumer lifestyles have propelled on-the-go food consumption and online food delivery services across the globe. This has also escalated the replacement of single-use reusable plastic straws with reusable straws, thereby fueling the product demand. Additionally, the growing number of government initiatives for reducing carbon footprints by curbing single-use plastic is anticipated to support the market growth momentum.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global reusable straw market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, end-user and distribution channel.

Breakup by Type:
Stainless Steel Straw
Reusable Plastic Straw
Bamboo Straw
Glass Straw
Others

Breakup by End-User:
Residential
HORECA
Others

Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Convenience Stores
Online
Others

Breakup by Region:
Asia Pacific
China
Japan
India
South Korea
Australia
Others
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Turkey
Saudi Arabia
Iran
United Arab Emirates
Others

Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Eco-Products, Inc, EcoStraws Ltd, Crate and Barrel, Eco Imprints, Ever Eco, The Final Co. LLC, Greens Steel, Jungle Straws/Jungle Culture (Chalk & Skinner Ltd), Klean Kanteen, Koffie Straw, Simply Straws, Steelys Drinkware, StrawFree.org, Shopterrain.com LLC, U-KONSERVE, etc.

Key Questions Answered in This Report:
How has the global reusable straw market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global reusable straw market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the end-user?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the market?
What is the structure of the global reusable straw market and who are the key players?
What is the degree of competition in the market?

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