Paper Straw Market Size

Market Size in USD Bn

CAGR20.8%

Study Period	2024 - 2031
Base Year of Estimation	2023
CAGR	20.8%
Market Concentration	Medium
Major Players	Hoffmaster Group, Inc., Footprint, Matrix Pack, Tetra Laval Group, Huhtamaki Group and Among Others

*Disclaimer: Major players are listed in no particular order.

*Source: Coherent Market Insights

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Paper Straw Market Analysis

The paper straw market is estimated to be valued at USD 2.63 Bn in 2024 and is expected to reach USD 9.87 Bn by 2031, growing at a compound annual growth rate (CAGR) of 20.8% from 2024 to 2031. Paper straws are seeing increased demand as environmental regulations against plastic straws get stricter around the world. This is expected to boost growth of the paper straw market in the coming years.