According to Fact.MR Report’s most recent study, the Reusable Straws Market is expected to increase at a rate of more than 11% between 2021 and 2031. Consumer behavior is being influenced by environmental corporate social responsibility management and strategy. Sustainable development and an eco-friendly lifestyle have grown popular among the environmentally conscious population, particularly the Millennial generation, explaining the spike in demand for reusable straws.
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Plastic has become synonymous with environmental pollution in all of its manifestations, whether on land, in water, or in the air. Millions of plastic straws are thrown away every day in the United States, while the United Kingdom contributes about 4.4 billion straws yearly. People are becoming more aware of the need of reusable straws as a result of such staggering figures.
Reduce, reuse, and recycle have all failed to alter the dynamics of plastic pollution caused by straw use. Globally, 79% of plastic trash is disposed of in landfills, dumps, or the environment; 12% is burnt; and just 9% is recycled.
Competitive Landscape:
Plastic straws have become a global taboo, thus businesses have resorted to producing sustainable alternatives with creative design concepts and compositions in order to obtain a competitive edge in the market.
Cooperativa Campo, an Italian firm, for example, invented Canu, a gluten-free straw made in Italy from corn and rice. Aside from being fully biodegradable, it has no toxic ingredients and is safe to consume. Furthermore, these straws are easily recyclable and may be used as animal feed.
In a similar vein, The Amazing Pasta Straw, a Californian firm, assists restaurants in reducing their pollution impact by providing straws made of wheat and water, capable of keeping form when inserted in soft beverages and likely to degrade nearly overnight following use.
Key Players:
- The Final Co. LLC
- OXO Tot
- Klean Kanteen
- GoSili
- Koffie Straw
- Greens
- Off the Grid with a Kid
- EcoVibe
- Buluh Straws
- Grass
- Simply Straws
- Flyby
- Hummingbird
- HIWARE
- Slurp
- Ozak
- Asp & Hand LLC
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Regional Analysis:
The United States and Canada remain promising markets for reusable straws. The nations have seen an increase in the usage of reusable straws and the prohibition of straws and single-use plastics. The primary cause for the shift in plastic culture in the United States is the massive volume of plastic usage, estimated at 500 million plastic straws and stirrers. In July 2018, Seattle became the largest city in the United States to prohibit the use of plastic straws. Starbucks and McDonald’s have banned the use of plastic straws, a huge reduction in the plastic garbage made by the hospitality industry. Rising takeout demand and a deeply ingrained coffee culture contributed significantly to the rise in plastic straw usage. The use of reusable containers
The COVID-19 problem has had a significant influence on Europe, resulting in a fall in economic activity. The tight limitations have wreaked havoc on the hotel industry, explaining the overall reduction in straw sales.
However, the drop in sales was brief, and with take-home services resuming, demand for reusable straws is expected to rise during the projected period.
Plastic straws and bottles were prohibited from all royal estates, cafés, and gift stores in the United Kingdom, while Prime Minister Theresa May declared a nationwide ban on the sale of plastic straws, stirrers, and plastic cotton swabs.
Key Segments of Industry:
- By Type
- Metal (Stainless Steel)
- Silicone
- Glass
- Bamboo
- Others
- By Sales Channel
- Modern Trade
- Direct Sales
- Convenience Stores
- Specialty Stores
- Mono-brand Stores
- Other Sales Channel
- By End-use Industry
- Residential
- Foodservice
- Institutional
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