Report Code: A11886 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Eco-friendly Straw Market
Request Now !Eco-friendly straws are biodegradable and non-toxic, which is a perfect alternative for chemically processed plastic straw. Manufacturing companies are trying to create eco-friendly straws that look stylish and trendy. Bars, restaurants, and cafes are adopting the use of eco-friendly straws as it gives an elegant touch to the dining experience. These straws are made from biodegradable materials such as wood, paper, silicone, metal, bamboo, and glass. Straw manufacturers are working on innovations to attract more customers by introducing new designs such as star-shaped, polka dots, striped, and others. Increased consumption of food and beverages in catering sections requires a massive stock of eco-friendly straws to meet the demand. The hospitality and catering sector had to shut their business due to the outbreak of COVID-19, which hampered the growth of the eco-friendly straw market. Post-COVID, the demand is expected to increase as the consumers will resume visiting bars, cafes, and other commercial sectors.
COVID-19 Impact Analysis
Top Impacting Factors
Market Trends
Increase in popularity of online retailing
The major manufacturers of eco-friendly straws contribute to one-fifth of the total production of straws. The company procures the straws directly from the manufacturing company. The direct procurement of straws is a familiar way to do business in the eco-friendly straw market. Manufacturing companies offer heavy discounts on sales of straws, making it a profit-making deal for the buyers. Due to the ongoing pandemic, the business had partially shifted from traditional to online. Currently, the manufacturing companies are creating their website for sales or coming into partnership with e-commerce giants to sell their products.
The foodservice industry plays a vital role in the eco-friendly straw market
The foodservice industry is the primary customer of eco-friendly straws. The rise in demand for food services all over the world is creating an equal want for eco-friendly straws. All catering and hospitality industries are environmentally aware and encourage environment-friendly dishes, cutlery and straws. Straws made of glass are gaining popularity in customers, as it gives an aesthetic look to the straw
Non-printed straws preferred more than printed straws
Consumers choose non-printed straws more than printed straws as the ink on the printed straw dissolves with the beverages. The dissolved ink may cause health problems in consumers.
Key Benefits of the Report
Questions Answered in the Report
Eco-Friendly Straw Market Report Highlights
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Key Market Players | The Paper Straw Co, Pactiv LLC., Huhtamäki Oyj., Papearth. Hu., Guanlin Paper Products Co., Ltd, Biopac (UK) Ltd, Merrypak, Co., Vegware Ltd, Sulapac Oy, Stroodles. Co. |
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