Canada’s straw market is on an upward trajectory, with projections indicating robust growth over the next decade. From 2023 to 2033, the market value is expected to more than double, with a Compound Annual Growth Rate (CAGR) of 7.0%. In 2022, the industry was valued at US$ 65.0 million, and by 2033, it is predicted to reach an impressive US$ 113.7 million. What’s driving this surge in demand for straws in Canada, and how is the industry evolving? Let’s dive in.
Based on end use, food service segment dominates the Canada market with a share of more than 84%. Over the next ten years, demand for straws in food service sector is anticipated to rise at around 7.2% CAGR.
The Canada straws industry is projected to generate an extraordinary incremental growth opportunity of US$ 48.7 million. It is predicted to expand 1.7 times the current market value during the forecast period.
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Key Companies:
- Pactiv LLC
- Eviro Glass Straws Ltd.
- Stone Straw
- Blowholes
- Green Circle, Canada
- GSM Paper Straws
- Waterhorse Paper Straws
- Canada Brown Eco Products Ltd
- Aardvark Straws
- Future Care Packaging Inc.
- Tembo Paper
- Green Century Enterprise Inc.
- TetraPak Inc.
The Current Landscape
In recent years, there has been a significant shift in consumer preferences, with a growing awareness of environmental concerns. This shift has translated into a preference for eco-friendly and sustainable alternatives, and the straw market is no exception. One material, in particular, has been leading the charge in the Canadian market – paper.
As of 2022, paper straws held a substantial market share of about 42.3%. This trend is expected to continue as consumers seek out alternatives to single-use plastic straws, which are notorious for their negative impact on the environment.
The Rise of Paper Straws
Paper straws have become the poster child for sustainability in the straw industry. They are biodegradable and compostable, making them an environmentally responsible choice. Their popularity is driven by several factors:
- Environmental Concerns: With growing awareness about plastic pollution and its detrimental effects on the environment, consumers are actively seeking alternatives that won’t harm ecosystems.
- Regulatory Changes: Governments and municipalities in Canada are implementing bans and restrictions on single-use plastics, including straws. This has accelerated the adoption of eco-friendly alternatives like paper straws.
- Corporate Responsibility: Many businesses are taking steps to reduce their environmental footprint. Switching to paper straws aligns with these sustainability initiatives and demonstrates a commitment to responsible business practices.
- Consumer Preference: As consumers become more eco-conscious, they are making choices that reflect their values. This includes opting for products and services that align with their sustainability goals, such as using paper straws.
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Canada Straws Market Segmentation:
By Material Type:
- Single Use Plastic (SUP)
- Bioplastics
- Paper
- Metal
- Glass
- Bamboo
- Others
By Straw Length:
- <9 cm
- 9-15 cm
- 16-20 cm
- >20 cm
By Sales Channel:
- Manufacturers
- Distributors
- Retailers
- Hypermarkets
- Supermarkets
- Convenience Stores
- Specialty Stores
- Discount Stores
- E-retail
By End Use:
- Foodservice
- Hotels & Restaurants
- Bars & Lounges
- Cafes & Fast-Food Outlet
- Cinemas
- Airline & Railway
- Institutional
- Educational
- Healthcare
- Corporate
- Households
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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