Global Bamboo Straw Market Size, Trends & Growth Opportunity, By Length (Up to 9 cm, 15 cm, and 20 cm), Application (Beverages, Juices and Drinks, and Others), End User (Restaurants, Hotels, Bars and Cafes, and Others), By Region and Forecast till 2030.
Report ID : IR1002461 | Industries : Food and Beverage | Published On :June 2004 | Page Count : 220
Global Bamboo Straw Market Size, Trends & Growth Opportunity, By Length (Up to 9 cm, 15 cm, and 20 cm), Application (Beverages, Juices and Drinks, and Others), End User (Restaurants, Hotels, Bars and Cafes, and Others), By Region and Forecast till 2030.
Global Bamboo Straw Market
The Global Bamboo Straw Market is expected to grow from US$ 347.82 Billion in 2022 to US$ 578.4 Billion by 2030; it is estimated to grow at a CAGR of 6.56% from 2023-2030.
Market Overview
The bamboo straw is made from natural bamboo derived from plants. The bamboo straws are tasteless and odourless so the consumer can enjoy the drinks without off flavours. Bamboo straws can used in multiple purposes such as cocktail straws or hot drinks like tea, coffee or cold drinks as smoothie straws.
Market Drivers
Bamboo straws have been commercially produced for a few years, however at a significantly lesser volume than plastic straws. Rising demand for eco-friendly and reusable items, as well as a global prohibition on single-use plastic products, are driving the growth of the global bamboo straws market.
Market Opportunities
Bamboo straws help decrease the usage of single-use plastic straws, according to news stories in the Economic Times. To keep ahead of rivals, manufacturers regularly develop new features for the bamboo straw market. Recently, single-use plastic straws have been replaced by reusable stainless steel or silicone straws, however using bamboo straws is much more environmentally beneficial than other options. As people become more conscious of how bad single-use plastics are for the environment, bamboo straws are helping to provide opportunities for the market to flourish.
Market Restraints
Biodegradable bamboo straws are often produced utilising bamboo as a base raw material. However, bamboo straws retail for a much greater price than other straw substitutes on the market, making their use in restaurants and other settings quite expensive. Furthermore, bamboo straw production is very expensive, which presents a significant obstacle for companies who develop eco-friendly straws. This prevents the market for bamboo straws from growing to its full potential.
Impact of Covid-19
Europe has experienced a considerable decline in economic activity as a result of the COVID-19 scenario. The hospitality sector has been crushed by the lockdown restrictions, which explains why straw sales have fallen overall. Despite the temporary nature of the sales fall, demand for reusable straws is predicted to increase over the course of the forecast period once take-home services resume.
Market Segmentation
Segmentation By Length: Global Bamboo Straw Market is segmented on the basis of Length into Up to 9 cm, 15 cm, and 20 cm.
Segmentation By Application: Global Bamboo Straw Market is segmented on the basis of Application into Beverages, Juices and Drinks, and Others.
Segmentation By End User: Global Bamboo Straw Market is segmented on the basis of End User into Restaurants, Hotels, Bars and Cafes, and Others.
Segmentation By Region: Global Bamboo Straw Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such Dragonfly Bamboo Inc., DevOcean LLC, Ola Bamboo, The Other Straw, Oceans Republic Company Limited, EURO STRAWS SE, and The Humble Co. StrawFree.org, Buluh Straws, Anji Wuyuan Bamboo Products Factory, and Zone Bamboo Straws.
Market Taxonomy
By Length
• Up to 9 cm
• 15 cm
• 20 cm
By Application
• Beverages
• Juices and Drinks
• Others
By End User
• Restaurants
• Hotels
• Bars and Cafes
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Bamboo Straw Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?
Global Bamboo Straw Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Bamboo Straw Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply & Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Bamboo Straw Market, By Length
5.1 Y-o-Y Growth Comparison, By Length
5.2 Global Automotive Brake Pad Market Share Analysis, By Length
5.3 Global Automotive Brake Pad Market Size and Forecast, By Length
5.3.1 Up to 9 cm
5.3.2 15 cm
5.3.3 20 cm
6 Global Bamboo Straw Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Automotive Brake Pad Market Share Analysis, By Application
6.3 Global Automotive Brake Pad Market Size and Forecast, By Application
6.3.1 Beverages
6.3.2 Juices and Drinks
6.3.3 Others
7 Global Bamboo Straw Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Automotive Brake Pad Market Share Analysis, By End User
7.3 Global Automotive Brake Pad Market Size and Forecast, By End User
7.3.1 Restaurants
7.3.2 Hotels
7.3.3 Bars and Cafes
7.3.4 Others
8 Global Bamboo Straw Market, By Region
8.1 Global Automotive Brake Pad Market Share Analysis, By Region
8.2 Global Automotive Brake Pad Market Share Analysis, By Region
8.3 Global Automotive Brake Pad Market Size and Forecast, By Region
9 North America Bamboo Straw Market Analysis and Forecast (2023 – 2030)
9.1 Introduction
9.2 North America Automotive Brake Pad Market Share Analysis, By Length
9.3 North America Automotive Brake Pad Market Size and Forecast, By Application
9.4 North America Automotive Brake Pad Market Size and Forecast, By End User
9.5 North America Automotive Brake Pad Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Bamboo Straw Market Analysis and Forecast (2023 – 2030)
10.1 Introduction
10.2 Europe Automotive Brake Pad Market Share Analysis, By Length
10.3 Europe Automotive Brake Pad Market Size and Forecast, By Application
10.4 Europe Automotive Brake Pad Market Size and Forecast, By End User
10.5 Europe Automotive Brake Pad Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Bamboo Straw Market Analysis and Forecast (2023 – 2030)
11.1 Introduction
11.2 Asia Pacific Automotive Brake Pad Market Share Analysis, By Length
11.3 Asia Pacific Automotive Brake Pad Market Size and Forecast, By Application
11.4 Asia Pacific Automotive Brake Pad Market Size and Forecast, By End User
11.5 Asia Pacific Automotive Brake Pad Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Bamboo Straw Market Analysis and Forecast (2023 – 2030)
12.1 Introduction
12.2 Latin America Automotive Brake Pad Market Share Analysis, By Length
12.3 Latin America Automotive Brake Pad Market Size and Forecast, By Application
12.4 Latin America Automotive Brake Pad Market Size and Forecast, By End User
12.5 Latin America Automotive Brake Pad Market Size and Forecast, Country
13Middle East Bamboo Straw Market Analysis and Forecast (2023 – 2030)
13.1 Introduction
13.2 Middle East Automotive Brake Pad Market Share Analysis, By Length
13.3 Middle East Automotive Brake Pad Market Size and Forecast, By Application
13.4 Middle East Automotive Brake Pad Market Size and Forecast, By End User
13.5 Middle East Automotive Brake Pad Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Dragonfly Bamboo Inc.
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 DevOcean LLC
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Ola bamboo
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 The Other Straw
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Oceans Republic Company Limited
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 EURO STRAWS SE
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 The Humble Co.
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 StrawFree.org
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Zone Bamboo Straws
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies