Global Bamboo Straw Market 2023-2030.

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 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 Recently, single-use plastic straws have been replaced by reusable stainless steel or silicone straws, however using bamboo straws is much more environmentally beneficial than other options.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

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