According to IMARC Group’s latest report, titled “Reusable Straw Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the reusable straw market share.
The global reusable straw market size reached US$ 1.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.8 Billion by 2027, exhibiting a CAGR of 7.7% during 2022-2027. Reusable straws are made from recyclable and natural food-grade materials, such as bamboo, silicone, stainless steel, glass, and titanium. They are a safer and eco-friendly alternative to plastic straws that help reduce the generation of non-biodegradable waste. Besides this, they are more convenient to use, easily cleanable, non-porous, hypo-allergenic, and dishwasher- and microwave-safe. As a result, reusable straws are widely used across restaurants, hotels, cafes, bars, schools, and hospitals.
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Reusable Straw Market Trends:
The rising environmental consciousness among the masses represents the primary factor driving the market growth. Additionally, food service providers are opting for reusable straws due to the growing consumer awareness regarding the negative environmental impacts of plastic disposables. In line with this, the increasing adoption of reusable straws by hospitality-related sectors to control the environmental damage caused by plastic variants has augmented the product demand. This can be attributed to several favorable initiatives undertaken by governments of various countries, such as the introduction of stringent regulations to curb single-use plastics and reduce carbon footprints. Furthermore, the leading players are developing innovative reusable straws manufactured using food-grade silicon and eco-friendly materials like bamboo that are natural, durable, organically grown, and free from dyes or inks. Apart from this, the surging popularity of stainless steel straws that are portable, non-toxic, tasteless, rust-proof, and bisphenol A (BPA)-free has propelled the market growth. Other factors, including the increasing number of food outlets, emerging trend of on-the-go food and beverage consumption, rising penetration of online food delivery services, shifting focus toward sustainable development, and product innovations, are also creating a favorable market outlook.
Reusable Straw Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the reusable straw market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- 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
Key Market Segmentation:
The report has segmented the global reusable straw market on the basis of type, end-user, distribution channel and region.
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, Indonesia, Others)
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
- Middle East and Africa ( Turkey, Saudi Arabia, Iran, United Arab Emirates, Others)
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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