Paper Straw Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

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

Paper Straw Market Size

Market Size in USD

CAGR20.8%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR20.8%
Market ConcentrationMedium
Major PlayersHoffmaster Group, Inc., Footprint, Matrix Pack, Tetra Laval Group, Huhtamaki Group
*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.