The global reusable straw market size was USD 3.46 Bn in 2022 and is likely to reach USD 11.1 Bn by 2031, expanding at a CAGR of 12.8% during 2023–2031. The market growth is attributed to the rising government initiatives to curb pollution caused by plastic is boosting the demand for reusable straws.
Reusable straw refers to the eco-friendly variant of straw which are recyclable. Reusable straws are alternatives to plastic straws that are made up of stainless steel, bamboo, and glass. They are easy to use and clean. Durability, good- quality, and bio-degradable are some of the characteristics of reusable straws.
Growing environmental concerns with increasing consumer awareness toward ecological benefits are boosting the demand for reusable straws globally. The COVID-19 pandemic positively impacted the global reusable straws market. The pandemic increased the awareness of sustainability at a high level among people, growing the market value of reusable straws across the world.
The global reusable straws market report has up-to-date insights that help in formulating a strategic roadmap about the estimated market scenario and performance from 2023 to 2031.
Increasing demand for reusable and durable straws due to growing environmental concerns is a key factor expected to drive market growth in the coming years. Furthermore, rising consumers’ awareness regarding reusable resources and growing consciousness about sustainable development in major economies is expected to drive market growth.
Reusable straws are quite expensive compared to plastic straws, which hamper the global market growth. Plastic straws are cheaper than other reusable straws but impact negatively the environment. The lack of awareness in some developing countries is key challenge, which can inhibit the growth of the market during the forecast period.
The government of major economies is taking several initiatives for reducing carbon footprints to curb climate change. Reusable straw helps in reducing the use of single-use plastic and is creating ample opportunities for the reusable straws market in the forecast period.
The global reusable straw market research report includes an assessment of the market trends, market segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Reusable Straw Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2020–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Type (Metal, Silicone, Glass, and Bamboo,), Sales Channel (Modern Trade, Convenience Stores, Specialty Stores, and Mono-brand Stores), and End-user (Residential, Food Service, and Institutional) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Reusable Straw Market Size and Analysis, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
Key Players Covered in the Report |
Eco-Products, Inc.; EcoStraws Ltd.; Crate and Barrel; Eco Imprints; Ever Eco; Final Straw; Greens Steel; Jungle Straws/Jungle Culture (Chalk & Skinner Ltd.); KleanKanteen; Koffie Straw; Simply Straws; Steelys Drinkware; StrawFree.org; TERRAIN; and U-KONSERVE |
Based on type, the market is segmented into metal, silicone, glass, and bamboo.
The metal segment is projected to expand at a significant growth rate during the forecast period, owing to the wide preference for stainless steel straws due to their strong quality and recyclability. These straws are hygienic and easy to clean. Thus, their demand is higher than bamboo or glass straws.
On the basis of sales channels, the global reusable straws market is divided into modern trade, convenience stores, specialty stores, and mono-brand stores.
The convenience stores segment is projected to hold a key market share during the assessment period, as people usually prefer buying items from nearby convenience stores instead of specialty stores or wholesalers. The segment growth is further attributed to the ease of accessibility and the expansion of convenience stores at a rapid pace.
Based on end-user, the market is segregated into residential, food service, and institutional.
The food service segment is expected to register a robust growth rate in the coming years, due to the rapid expansion of the food industry. Moreover, the growing hospitality industry and the wide adoption of straws by food service providers including hotels and restaurants fuel the market growth.
In terms of region, the global reusable straw market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa.
Asia Pacific held a key share of the market in 2020 and is anticipated to generate major market share in the coming years, due to the rapid expansion of the food and beverages industry in the region. Growing consumer awareness of reusable products in China, Japan, and India is boosting the use of reusable straws instead of plastic ones.
The global reusable straw market has been segmented on the basis of
Key players competing in the market are Eco-Products, Inc.; EcoStraws Ltd.; Crate and Barrel; Eco Imprints; Ever Eco; Final Straw; Greens Steel; Jungle Straws/Jungle Culture (Chalk & Skinner Ltd.); KleanKanteen; Koffie Straw; Simply Straws; Steelys Straws; StrawFree.org; TERRAIN; and U-KONSERVE
These companies adopted development strategies including mergers, acquisitions, partnerships, collaboration, product launches, and production expansion to expand their consumer base worldwide.
Some other reports from this category!