According to the latest report by IMARC Group, titled “Reusable Straw Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global reusable straw market is expected to grow at a CAGR of 12.4% during 2021-2026. Reusable straws refer to eco-friendly straws made up of natural food-grade materials like organic bamboo, silicon, stainless steel and glass. These straws are non-porous, hypo-allergenic and dishwasher- and microwave-safe. Nowadays, with a rise in the number of food outlets, as well as the growing environment consciousness among consumers, reusable straws are gaining momentum as a means to control the rising environmental damage caused by plastic straws.
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Market Trends and Drivers:
At present, food service providers are facing pressure from the public against the use of plastic disposables due to growing awareness about the negative environmental impact of these products. This represents one of the prominent factors boosting the sales of reusable straws across the globe. Apart from this, governments of various countries have implemented strict regulations on the usage of single-use plastics. Owing to this, many hospitality-related sectors are rapidly adopting reusable straws to reduce non-biodegradable waste generation. Moreover, the leading companies have designed innovative straws made with eco-friendly materials. For instance, Ecostraws, Inc. has produced stainless steel straws as an alternative to plastic straws, which are portable, tasteless, rust-proof, non-toxic and BPA-free. They also offer bamboo straws that are natural, durable, organically grown and do not contain dyes or inks.
Competitive Landscape With Key Players:
The competitive landscape of the industry has also been examined with some of the key players being Eco-Products, Inc, EcoStraws Ltd, Crate and Barrel, Eco Imprints, Ever Eco, Final Straw, Greens Steel, Jungle Straws/Jungle Culture (Chalk & Skinner Ltd), Klean Kanteen, Koffie Straw, Simply Straws, Steelys Drinkware, StrawFree.org, TERRAIN, U-KONSERVE, etc.
Key Market Segmentation:
Breakup by Type:
- Stainless Steel Straw
- Reusable Plastic Straw
- Bamboo Straw
- Glass Straw
Breakup by End-User:
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
Breakup by Region:
- Asia Pacific
- North America
- Latin America
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
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