IMARC Group, a leading market research company, has recently releases report titled “Reusable Straw Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The study provides a detailed analysis of the industry, including the global reusable straw market size, share, trends, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the reusable straw market?
The global reusable straw market size reached US$ 2.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2028, exhibiting a growth rate (CAGR) of 7.5% during 2023-2028.
What is a Reusable Straw?
A reusable straw is an eco-friendly alternative to single-use plastic straws, designed to reduce waste and environmental impact. Made from durable materials like stainless steel, silicone, glass, or bamboo, these straws can be used repeatedly. They come in various sizes and designs, catering to different preferences and types of drinks. Many reusable straws are also collapsible or come with carrying cases for convenience on the go. To address hygiene concerns, they are typically easy to clean, often accompanied by specialized cleaning brushes, and are dishwasher-safe.
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Reusable Straw Market Trends:
The rising awareness about the detrimental impacts of plastic waste on marine life and ecosystems represents one of the key factors driving the growth of the market across the globe. Consumers and organizations are increasingly conscious of their environmental footprint, which is leading to greater demand for sustainable alternatives like reusable straws. Many governments are enacting bans or restrictions on single-use plastics, including straws. These regulations are forcing food service providers to adopt environmentally friendly alternatives, thus boosting the reusable straw market. There is a growing preference among consumers for eco-friendly products as part of a broader lifestyle shift toward sustainability. This consumer choice is a powerful market driver, as individuals increasingly reject single-use plastics in favor of reusable options. Companies are responding to consumer demand and potential legislative requirements by incorporating sustainable practices into their operations, including the adoption of reusable straws to enhance their corporate image and reduce environmental impact. Advancements in materials and design have increased the variety and appeal of reusable straws, with options now including features like collapsibility, customization, and compatibility with different beverages, which make them more attractive to consumers.
Who are the key players operating in the industry?
The report covers the major market players including:
- Eco-Products, Inc
- EcoStraws Ltd
- Crate and Barrel
- Eco Imprints
- Ever Eco
- The Final Co. LLC
- Greens Steel
- Jungle Straws/Jungle Culture (Chalk & Skinner Ltd)
- Klean Kanteen
- Koffie Straw
- Simply Straws
- Steelys Drinkware
- StrawFree.org
- Shopterrain.com LLC
- U-KONSERVE
What is included in market segmentation?
The report has segmented the market into the following categories:
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:
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
- Middle East and Africa ( Turkey, Saudi Arabia, Iran, United Arab Emirates, Others)
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