Monday, December 26, 2022

Recycled Paper Straw Market value would stand tall by USD 2059.03 million by 2029

 he recycled paper straw market will project a CAGR of 26.40% for the forecast period of 2022-2029 & the market value would stand tall by USD 2059.03 million by 2029.

The manufacturing process of paper straws is different from that of plastic straws. While manufacturing, the paper piles are bonded with water based adhesives or hot melt adhesives. Paper is generally recycle in nature and is an eco-friendly material. The recyclable paper straws are available in a wide range of shapes and designs via both online and offline modes of distribution.   

Rising urbanization, modernization, and globalization is driving the growth in the recycled paper straw market value. Growing product innovations by the manufacturing industry in terms of, stringent regulations imposed by the government on the application of plastic and growing awareness about the harmful effects of plastic on the environment and surging development in the flexible packaging solutions will further induce growth in the recycled paper straw market value. 

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Global Recycled Paper Straw Market Scope and Market Size

Global recycled paper straw market is segmented on the basis of product, length, diameter and end use application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.

  • On the basis of product, the recycled paper straw market is segmented into printed and non-printed.
  • On the basis of length, the recycled paper straw market is segmented into <5.75 inches, 5.75-7.75 inches, 7.75-8.5 inches, 8.5-10.5 inches and >10.5 inches.

Recycled Paper Straw Market Country Level Analysis

The global recycled paper straw market is analysed and market size insights and trends are provided by country, product, length, diameter and end use application as referenced above.

The countries covered in the recycled paper straw market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

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Asia-Pacific will score the highest growth rate owing to the growing number of manufacturing industries, mushrooming consumer crater of packaged goods, growth and expansion of various end user verticals, rapid industrialization, surging restrictions on the use of plastic by governments across various countries, growing product awareness in the region and increased personal disposable income.

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