Paper Straw Market is segmented By Material (Virgin Paper, Recycled Paper), By Product (Non-Printed Paper Straws, Printed Paper Straws), By End Use (F....
Market Size in USD
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 |
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.