Report Description
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.
Reusable Straw Market Dynamics
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.
Drivers
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.
Restraints
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.
Opportunities
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.
Scope of Reusable Straw Market Report
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
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Details
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Report Title
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Reusable Straw Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2020–2021
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Forecast Period
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2023–2031
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Segmentation
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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)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Reusable Straw Market Size and Analysis, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
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Key Players Covered in the Report
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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
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Reusable Straw Market Segment Insights
What Key Factor Contribute to the Rapid Expansion of the Stainless-Steel Segment?
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.
How is the Sales Channel Segment Generating More Revenue Share in the Global Reusable Straw Market?
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.
What Drives End-user Segment in the Reusable Straw Market?
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.
Why is Asia Pacific Dominating Reusable Straw Market?
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.
Segments
The global reusable straw market has been segmented on the basis of
Type
- Metal
- Silicone
- Glass
- Bamboo
- Others
Sales Channel
- Modern Trade
- Direct Sales
- Convenience Stores
- Specialty Stores
- Mono-brand Stores
- Others
End-user
- Residential
- Food Service
- Institutional
Region
- North America
- Europe
- Latin America
- Asia Pacific
- Middle East & Africa
Key Player
- Eco-Products, Inc.
- EcoStraws Ltd.
- Crate and Barrel
- Eco Imprints
- Ever Eco
- Steelys Straws
- Final Straw
- Greens Steel
- Jungle Straws/Jungle Culture (Chalk & Skinner Ltd.)
- KleanKanteen
- Koffie Straw
- Simply Straws
- StrawFree.org
- TERRAIN
- U-KONSERVE
Competitive Landscape
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.
- In 2020, DIAGEO, launched Tanqueray Straw Capsule, the packaging & product innovations, and designs aim to appeal to both eco- and fashion-minded consumers. This is expected to help the company attract new customers and increase the profit ratio.
- In 2020, Plasticless, a straw manufacturer launched its sustainable straws that are made from grass and bamboo. The product is handmade with high-quality organic raw materials, which are environmentally friendly.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Reusable Straw Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Reusable Straw Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Reusable Straw Market - Supply Chain
4.5. Global Reusable Straw Market Forecast
4.5.1. Reusable Straw Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Reusable Straw Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Reusable Straw Market Absolute $ Opportunity
5. Global Reusable Straw Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Reusable Straw Market Size and Volume Forecast by Types
5.3.1. Metal
5.3.2.
Silicone
5.3.3.
Glass
5.3.4.
Bamboo
5.3.5.
Others
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Reusable Straw Market Analysis and Forecast by End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Reusable Straw Market Size and Volume Forecast by End Users
6.3.1. Residential
6.3.2.
Food Service
6.3.3.
Institutional
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Reusable Straw Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Reusable Straw Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Reusable Straw Demand Share Forecast, 2019-2026
8. North America Reusable Straw Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Reusable Straw Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Reusable Straw Market Size and Volume Forecast by Types
8.4.1. Metal
8.4.2.
Silicone
8.4.3.
Glass
8.4.4.
Bamboo
8.4.5.
Others
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Reusable Straw Market Size and Volume Forecast by End Users
8.7.1. Residential
8.7.2.
Food Service
8.7.3.
Institutional
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Reusable Straw Demand Share Forecast, 2019-2026
9. Latin America Reusable Straw Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Reusable Straw Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Reusable Straw Market Size and Volume Forecast by Types
9.4.1. Metal
9.4.2.
Silicone
9.4.3.
Glass
9.4.4.
Bamboo
9.4.5.
Others
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Reusable Straw Market Size and Volume Forecast by End Users
9.7.1. Residential
9.7.2.
Food Service
9.7.3.
Institutional
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Reusable Straw Demand Share Forecast, 2019-2026
10. Europe Reusable Straw Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Reusable Straw Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Reusable Straw Market Size and Volume Forecast by Types
10.4.1. Metal
10.4.2.
Silicone
10.4.3.
Glass
10.4.4.
Bamboo
10.4.5.
Others
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Reusable Straw Market Size and Volume Forecast by End Users
10.7.1. Residential
10.7.2.
Food Service
10.7.3.
Institutional
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Reusable Straw Demand Share Forecast, 2019-2026
11. Asia Pacific Reusable Straw Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Reusable Straw Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Reusable Straw Market Size and Volume Forecast by Types
11.4.1. Metal
11.4.2.
Silicone
11.4.3.
Glass
11.4.4.
Bamboo
11.4.5.
Others
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Reusable Straw Market Size and Volume Forecast by End Users
11.7.1. Residential
11.7.2.
Food Service
11.7.3.
Institutional
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Reusable Straw Demand Share Forecast, 2019-2026
12. Middle East & Africa Reusable Straw Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Reusable Straw Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Reusable Straw Market Size and Volume Forecast by Types
12.4.1. Metal
12.4.2.
Silicone
12.4.3.
Glass
12.4.4.
Bamboo
12.4.5.
Others
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Reusable Straw Market Size and Volume Forecast by End Users
12.7.1. Residential
12.7.2.
Food Service
12.7.3.
Institutional
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Reusable Straw Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Reusable Straw Market: Market Share Analysis
13.2. Reusable Straw Distributors and Customers
13.3. Reusable Straw Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Eco-Products, Inc.
13.4.2.
EcoStraws Ltd.
13.4.3.
Crate and Barrel
13.4.4.
Eco Imprints
13.4.5.
Ever Eco
13.4.6.
Final Straw
13.4.7.
Greens Steel
13.4.8.
Jungle Straws/Jungle Culture (Chalk & Skinner Ltd.)
13.4.9.
KleanKanteen
13.4.10.
Koffie Straw
13.4.11.
Simply Straws
13.4.12.
Steelys Straws
13.4.13.
StrawFree.org
13.4.14.
TERRAIN
13.4.15.
U-KONSERVE