Bamboo straws are a sustainable way to lessen plastic waste and its negative effects on the environment. They are an eco-friendly substitute for conventional plastic straws.
By 2034, the global Bamboo Straws Market is forecasted to reach a substantial value of US$ 7.7 billion, showcasing a steady 5.0% is the annual compound growth rate, or CAGR. This noteworthy development pattern shows how bamboo straws are spreading in popularity as a sustainable alternative to traditional plastic straws. By 2024, the bamboo straw market is projected to be valued US$ 4.8 billion.
As consumers get more aware of their options, they are selecting more ecologically friendly products. The newest trend in straws is the switch to non-plastic ones. The production of bamboo straws does not harm the environment since bamboo is a sustainable material.
The original intact bamboo stalks used to make bamboo straws are not processed or compacted. Bamboo straws have several benefits, including being reusable, washable, long-lasting, naturally antibacterial, visually pleasing, and suitable for both hot and cold liquids.
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Growth Factors
The surge in global plastic straw consumption over the past few years has sparked concerns about its detrimental effects on the environment. In response to the alarming levels of plastic waste and its adverse impact, both the European Union and governments worldwide have taken decisive action to curb the use of single-use plastic cutlery and related products.
In a landmark move, the European Union, along with other global governments, has implemented bans on single-use plastic items, including plastic straws, stirrers, bags, cups, and more. This regulatory shift has prompted manufacturers in North America and Europe to transition towards sustainable alternatives and reusable options for straws.
For instance, the English government has introduced regulations prohibiting the supply of drinks products with single-use plastic straws, while in Canada, federal authorities are poised to implement a ban on plastic straws by the end of 2022. Moreover, various cities across California, such as San Francisco, Long Beach, Manhattan, and Oakland, have enacted local bans on plastic straws, further driving the demand for eco-friendly alternatives.
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Key Players
- Dragonfly Bamboo Inc.
- DevOcean LLC
- Ola Bamboo
- The Other Straw
- The Humble Co.
- Bamboo Straw Girl
- Jungle Straws
- Gumi Bamboo
- Bamboo Mamboo Limited LDA
- Oceans Republic Company Limited
- Restraws
- EURO STRAWS SE
- Ha Thai bamboo lacquer production export Co., Ltd.
- ECO BAMBOO
- Bamboo Step
Bamboo Straws Market by Category
By Straw Length, Bamboo Straws Market is Segmented as:
- <9 cm
- 9 – 15 cm
- 16 – 20 cm
- >20 cm
By Sales Channel, Bamboo Straws Market is Segmented as:
- Manufacturers
- Distributors
- Retailers
- E-retail
By End-user, Bamboo Straws Market is Segmented as:
- Food Service
- Institutional
- Household
By Region, Bamboo Straws Market is Segmented as:
- North America
- Latin America
- Europe
- South Asia
- East Asia
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