Some of the key players profiled in the Paper Straw Market include Huhtamaki OYJ, Biopak, Royal Paper Industries, Footprint, Hoffmaster Group Inc, Transcend Packaging Ltd, Ningbo Jiangbei Shenyu Industry and Trade Co Ltd, and Wuxi Jiejing Packing Co Ltd.
Gaithersburg, Maryland, United States - January 7, 2020 /MarketersMedia/ —
Increasing awareness regarding the use of plastic products, growing demand for sustainable materials for food packaging industries, and enhanced features of paper straws are the factors driving the market growth. However, high cost of paper straws when compared with plastic straws may hinder the market growth.
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A paper straw is a small pipe made of paper material that allows its user to consume a beverage more conveniently. Paper straws are a great alternative to the plastic straws. These are made of biodegradable environmental materials and food safe ink and are much better for the environment and can be recycled.
By Material, Virgin Paper segment is likely to have a huge demand during the forecast period as straws made from virgin paper are strong, consistent, and have superior absorbency rates. These also trim down wastage as consumers need not use several straws for a one particular use.
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Based on geography, Europe is going to have a lucrative growth during the forecast period owing to the greater demand for paper straws in countries such as Germany and UK. They are mostly used in the European foodservice industry. In addition, the strong pressure of environmental and governmental regulations to prohibit plastics in the region is projected to drive the growth of the paper straw market.
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Materials Covered:
• Recycled Paper
• Virgin Paper
Straw Lengths Covered:
• >10.5 Inches
• 8.5-10.5 Inches
• 7.75-8.5 Inches
• 5.75-7.75 Inches
• 0.4 Inches
• 0.25 - 0.4 Inches
• 0.196 - 0.25 Inches
• 0.15 - 0.196 Inches
• <0. 15 Inches End Users Covered: • Institutional • Household • Food Service Regions Covered: • North America o US o Canada o Mexico • Europe o Germany o France o Italy o UK o Spain o Rest of Europe • Asia Pacific o Japan o China o India o Australia o New Zealand o South Korea o Rest of Asia Pacific • South America o Argentina o Brazil o Chile o Rest of South America • Middle East & Africa o Saudi Arabia o UAE o Qatar o South Africa o Rest of Middle East & Africa What our report offers: - Market share assessments for the regional and country level segments - Market share analysis of the top industry players - Strategic recommendations for the new entrants - Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements Follow us on Twitter: https://twitter.com/StratisticsMRC Follow us on LinkedIn at: https://www.linkedin.com/company/stratistics-market-research-consulting-pvt-ltd?trk=mini-profile About Stratistics MRC We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends. Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
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