According to IMARC Group’s latest report, titled “Reusable Straw Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global market reached a value of US$ 1.8 Billion in 2021. A reusable straw represents an eco-friendly straw variant that is manufactured as a viable alternative to single-use plastic straws. It is generally made up of recyclable materials, such as titanium, stainless steel, bamboo, silicone, etc. A reusable straw offers various benefits, including portability, cost-effectiveness, convenience, etc. In addition to this, it is easily cleanable, non-porous, hypo-allergenic, dishwasher- and microwave-safe, etc. A reusable straw assists in curbing the non-biodegradable waste generation levels and marine conversation. Consequently, it is extensively utilized across hotels, restaurants, cafes, schools, hospitals, etc.
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The widespread product adoption by hospitality-related sectors to control the environmental damage caused by plastic variants is primarily driving the reusable straw market. Additionally, the leading manufacturers are introducing innovative reusable straws produced by using food-grade silicon and natural materials, including bamboo, that are durable, organically grown, and free from dyes or inks. This, in turn, is propelling the market growth. Besides this, the increasing consumer awareness towards the ecological risks of using plastic disposables is acting as another significant growth-inducing factor. Moreover, the development of stainless steel straws that are non-toxic, tasteless, rust-proof, bisphenol A (BPA)-free, etc., is also positively influencing the global market. Furthermore, the growing number of food outlets and the inflating popularity of on-the-go food items are anticipated to fuel the reusable straw market over the forecasted period. Looking forward, IMARC Group expects the global reusable straw market to reach US$ 2.8 Billion by 2027, exhibiting a CAGR of 7.7% during 2022-2027.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- 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
- org
- TERRAIN
- U-KONSERVE
Market Segmentation:
Breakup by Type:
- Stainless Steel Straw
- Reusable Plastic Straw
- Bamboo Straw
- Glass Straw
- Others
Breakup by End-User:
- Residential
- HORECA
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
