Market Overview:
The global reusable straws market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing awareness about the benefits of using reusable straws among consumers and businesses alike. Additionally, rising disposable income and growing demand for eco-friendly products are also contributing factors to the growth of this market. The global reusable straws market can be segmented on the basis of type, application, and region. On the basis of type, plastic straws account for a major share in terms of revenue in this market followed by metal and glass straws respectively. Plastic is an inexpensive material that is widely used for manufacturing disposable items such as cups, plates, cutlery etc., which makes it a preferred choice among consumers looking for affordable alternatives to traditional reusable items such as metal or glass straws. In terms of application, individual use accounts for a majority share in this market followed by commercial use applications respectively.
Product Definition:
A reusable straw is made of a durable material, such as metal, silicone, or bamboo. It can be used multiple times and then recycled or composted. Reusable straws are important because they reduce waste created by disposable straws.
Plastic:
Plastic is a non-degradable material and will not decompose for thousands of years. This has given rise to the important environmental issue of plastic pollution, which is causing serious damage to the environment. The harmful effects of plastic on the environment have resulted in increasing awareness among consumers about eco-friendly alternatives such as reusable straws made from paper & metal, glass & metal, and other composite materials.
Matel:
Matel is a plastic that is derived from the monomeric copolymerization of ethylene and propylene. It has high flexibility, low density, and excellent surface hardness. It can be extruded as straws or films and used in various applications including food packaging, consumer goods packaging, disposable medical devices & equipment (such as syringes), toys & sporting goods manufacturing among others.
Application Insights:
The individual application segment held the largest share of more than 70.0% in 2017. The rising disposable income and changing lifestyle have led to an increase in the number of individuals consuming alcoholic drinks, which is supporting the growth of this segment. Matel has been observing a steady rise in demand from commercial applications owing to its high durability and quality standards over the past few years.
Reusable drinking straws are widely used by bars, pubs, restaurants and hotels for serving cold beverages like beer & wine or cocktails like mocktails, daiquiris etc., Matel reusable drinking straws are suitable for use in such places as they do not get stuck between teeth nor do they create gaps between drink components due to their unique design with a small opening at one end through which liquid can flow out easily when you tilt your glass upside down thereby avoiding any spillage problems during service.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. Increasing disposable income, growing population of urban cities, and rising awareness about environmental protection are some of the key factors driving growth in this region. In addition, increasing number of restaurants and bars that use reusable straws instead of conventional plastic or paper ones will drive demand further.
Europe is anticipated to be one of the fastest-growing regional markets from 2018 to 2030 owing to a rise in consciousness towards environment protection coupled with government initiatives for reducing carbon footprint associated with disposable plastics including single-use stirrers & straws.
Growth Factors:
- Increasing awareness about the benefits of using reusable straws over disposable ones.
- Rising concern for the environment and growing trend of sustainable living.
- Growing popularity of zero-waste lifestyle among millennials and Gen Zers.
- Proliferation of social media platforms that promote sustainable living practices, such as Instagram and Pinterest . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Reusable Straws Market Research Report
By Type
Plastic, Matel, Glass
By Application
Individual, Commercial
By Companies
Matrix Pack, R&M Plastic Products, Aardvark, Absolute Custom Extrusions, B&B Straw Pack, Nippon Straw, Profile International, Southeastern Liquid Analyzers, Stone Straw
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Reusable Straws Market Report Segments:
The global Reusable Straws market is segmented on the basis of:
Types
Plastic, Matel, Glass
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Individual, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Matrix Pack
- R&M Plastic Products
- Aardvark
- Absolute Custom Extrusions
- B&B Straw Pack
- Nippon Straw
- Profile International
- Southeastern Liquid Analyzers
- Stone Straw
Highlights of The Reusable Straws Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plastic
- Matel
- Glass
- By Application:
- Individual
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Reusable Straws Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Reusable straws are a type of environmental friendly product. They are made from materials that can be recycled, such as plastic or paper. When you use a reusable straw, you reduce the amount of plastic that is created and thrown away.
Some of the key players operating in the reusable straws market are Matrix Pack, R&M Plastic Products, Aardvark, Absolute Custom Extrusions, B&B Straw Pack, Nippon Straw, Profile International, Southeastern Liquid Analyzers, Stone Straw.
The reusable straws market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Reusable Straws 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 Straws Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Reusable Straws Market - Supply Chain
4.5. Global Reusable Straws Market Forecast
4.5.1. Reusable Straws Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Reusable Straws Market Size (000 Units) and Y-o-Y Growth
4.5.3. Reusable Straws Market Absolute $ Opportunity
5. Global Reusable Straws Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Reusable Straws Market Size and Volume Forecast by Type
5.3.1. Plastic
5.3.2. Matel
5.3.3. Glass
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Reusable Straws Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Reusable Straws Market Size and Volume Forecast by Application
6.3.1. Individual
6.3.2. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Reusable Straws Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Reusable Straws Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Reusable Straws Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Reusable Straws Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Reusable Straws Demand Share Forecast, 2019-2026
9. North America Reusable Straws 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
9.2. North America Reusable Straws Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Reusable Straws Market Size and Volume Forecast by Application
9.4.1. Individual
9.4.2. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Reusable Straws Market Size and Volume Forecast by Type
9.7.1. Plastic
9.7.2. Matel
9.7.3. Glass
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Reusable Straws Demand Share Forecast, 2019-2026
10. Latin America Reusable Straws 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. Latin America Average Pricing Analysis
10.2. Latin America Reusable Straws Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Reusable Straws Market Size and Volume Forecast by Application
10.4.1. Individual
10.4.2. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Reusable Straws Market Size and Volume Forecast by Type
10.7.1. Plastic
10.7.2. Matel
10.7.3. Glass
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Reusable Straws Demand Share Forecast, 2019-2026
11. Europe Reusable Straws 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. Europe Average Pricing Analysis
11.2. Europe Reusable Straws Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Reusable Straws Market Size and Volume Forecast by Application
11.4.1. Individual
11.4.2. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Reusable Straws Market Size and Volume Forecast by Type
11.7.1. Plastic
11.7.2. Matel
11.7.3. Glass
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Reusable Straws Demand Share, 2019-2026
12. Asia Pacific Reusable Straws 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. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Reusable Straws Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Reusable Straws Market Size and Volume Forecast by Application
12.4.1. Individual
12.4.2. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Reusable Straws Market Size and Volume Forecast by Type
12.7.1. Plastic
12.7.2. Matel
12.7.3. Glass
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Reusable Straws Demand Share, 2019-2026
13. Middle East & Africa Reusable Straws Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Reusable Straws Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Reusable Straws Market Size and Volume Forecast by Application
13.4.1. Individual
13.4.2. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Reusable Straws Market Size and Volume Forecast by Type
13.7.1. Plastic
13.7.2. Matel
13.7.3. Glass
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Reusable Straws Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Reusable Straws Market: Market Share Analysis
14.2. Reusable Straws Distributors and Customers
14.3. Reusable Straws Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Matrix Pack
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. R&M Plastic Products
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Aardvark
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Absolute Custom Extrusions
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. B&B Straw Pack
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nippon Straw
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Profile International
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Southeastern Liquid Analyzers
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Stone Straw
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
