The global reusable straw market is anticipated to expand at a CAGR of around 12.5% during the forecast period, between 2021 and 2028. Rising government initiatives to curb pollution caused by plastic is boosting the demand and usage of reusable straws.
Reusable straws are environment friendly alternatives of plastic straws. They are usually made from recyclable materials such as stainless steel, bamboo, and glass. They are easy to use, clean, and some are bio-degradable in nature. Reusable straws can be used multiple times due to their build quality and durability. They are resistant to disintegration, as compared to paper straws. Plastic straws can be used only one time and have adverse effects on the environment; therefore, governments from around the globe are implementing strict policy for curbing the use of plastics. Therefore, the demand for reusable straw has been substantially increasing over the recent years.
The report on the global reusable straw market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
Attributes |
Details |
Report Title |
Reusable Straw Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018 & 2019 |
Forecast Period |
2021–2028 |
Segmentation |
Types (Metal, Silicone, Glass, Bamboo, and Others), Sales Channels (Modern Trade, Convenience Stores, Specialty Stores, Mono-brand Stores, and Others), End-users (Residential, Food Service, and Institutional) |
Regional Scope |
Asia Pacific, North America, Europe, Latin America, and Middle East & Africa |
Report Coverage |
Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast |
Key Players Covered |
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 types, the market is segmented into metal (stainless steel), silicone, glass, bamboo, and others. The metal segment is projected to hold a key share of the market during the forecast period owing to wide preference for stainless steel straws due to their strong quality and recyclability. These straws are hygienic and easy to clean, and thus their demand as compared to bamboo or glass straws is higher. Stainless steels and glass straws are not as ecologically friendly as bamboo straws; however, their demand is rising due to their reusability.
In terms of distribution channels, the global straw market is divided into modern trade, convenience stores, specialty stores, mono brand stores, and others. The convenient stores segment is projected to hold dominant share of the market during the projected period as people usually prefer buying items such as straws from their nearby convenience stores instead of specialty stores or wholesalers.
On the basis of end-users, the market is segregated into residential, food service, and institutional. The food service segment is expected to expand at a robust growth rate significantly due to the growth of the hospitality industry and wide adoption of straws by food service providers including hotels and restaurants. Meanwhile, the residential segment is expected to grow at a healthy rate as people are becoming conscious about the environment and opting for eco-friendly products.
Based on regions, the global reusable straw market is categorized as Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific held a key share of the global market in 2020 and is expected to account for a key market share in the coming years due to the rapid growth 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 market in North America, meanwhile, is projected to register steady growth pace due to the recent developments in the food service industry in the region.
Key players in the global reusable straw 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 Drinkware; StrawFree.org; TERRAIN; and U-KONSERVE. These players are developing several innovative products to increase their market share.
Key players in the global reusable straw 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 Drinkware; StrawFree.org; TERRAIN; and U-KONSERVE. These players are developing several innovative products to increase their market share.
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