The Latin America, Middle East and Africa Paper Straw Market would witness market growth of 21.1% CAGR during the forecast period (2023-2030).
Paper straws are made in two different methods: first, using virgin kraft paper, which is created by removing virgin pulp from trees; second, using recycled paper, which is produced by recycling discarded materials in various ways to create a new product. These straws come in patterned and plain varieties, depending on how they are made. The paper straws are sold directly to consumers via distributors, producers, and retailers. However, as technology has advanced, e-commerce has emerged as a preferred route for expanding sales. The end-use markets include homes, institutional usage, and food services.
Making a few paper straws doesn't take much time or effort since most of them are manufactured from recycled paper and other components. The demand has increased due to the growing awareness of the negative impacts of plastic straws and the movement toward a greener future, prompting many paper straw manufacturers to make an effort to meet that need. Many companies and eateries may choose to purchase paper straws in bulk as an alternative to plastic straws.
The hospitality sector is poised to see considerable development soon due to the rapid rise in tourists visiting the UAE. The number of enterprises that serve visitors, as well as the overall services industry as a whole, are expanding due to the large number of tourists. These corporations operate a range of entertainment venues, stores, restaurants, and other enterprises. The hotel business is predicted to increase demand for paper straws in the LAMEA region during the projection period.
The Brazil market dominated the LAMEA Paper Straw Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $323.7 million by 2030. The Argentina market is estimated to grow at a CAGR of 21.8% during (2023 - 2030). Additionally, The UAE market would exhibit a CAGR of 20.8% during (2023 - 2030).
Based on Type, the market is segmented into Non-flexible and Flexible. Based on End Use, the market is segmented into Foodservice, Institutional and Household. Based on Material Type, the market is segmented into Virgin Paper and Recycled Paper. Based on Product Type, the market is segmented into Non-printed and Printed. Based on Length, the market is segmented into 7.75-8.5 inches, 8.5-10.5 inches, 5.75-7.75 inches, <5.75 inches and >10.5 inches. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Paper Straw Market is Projected to reach USD 16.1 Billion by 2030, at a CAGR of 18.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hoffmaster Group, Inc., Transcend Packaging Ltd., Huhtamaki Oyj, Footprint, Fuling Technology Co., Ltd., Bygreen, Biopak (Duni AB), Canada Brown Eco Products Ltd., ALECOSTRAWS.
By Type
By End Use
By Material Type
By Product Type
By Length
By Country
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