Straws Market in Canada Rising to US$ 113.7 million by 2033: FMI’s Study Report

The projected growth of the Straws Market in Canada suggests a substantial increase in its market value. Anticipated figures show that the market is expected to expand from a value of US$ 57.7 million in 2023 to reach an estimated US$ 113.7 million by the year 2033. This trajectory indicates a robust compound annual growth rate (CAGR) of 7.0% for the period spanning from 2023 to 2033.

The straws market in Canada, like many other regions, has been undergoing significant changes due to environmental concerns, changing consumer preferences, and regulatory measures aimed at reducing plastic waste.

In response to this heightened demand for healthier beverage selections, companies specializing in juice packaging have diversified their product offerings, catering to a range of tastes and preferences. The inclusion of straws in these beverages serves a dual purpose – it not only offers consumers a convenient and mess-free experience but also contributes to the preservation and spillage prevention of these wholesome drinks.

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Key Market Shaping Factors

The robust growth of the food service sector throughout Canada is anticipated to substantially increase the demand for straws.

The rising consumer preference for on-the-go beverages is expected to be a key driver in boosting straw sales across the country. Furthermore, the increasing popularity of eco-friendly straws is poised to create lucrative opportunities for manufacturers, particularly those committed to sustainable production practices.

This trend reflects a growing awareness among consumers and businesses about the environmental impact of single-use plastics, driving a shift towards more environmentally friendly alternatives in the straw market.

Drivers:

1. Environmental Awareness: Increasing environmental consciousness has led to a shift in consumer preferences towards eco-friendly straws, such as paper straws, in an effort to reduce plastic waste.
2. Regulatory Restrictions: Government regulations and bans on single-use plastics, including plastic straws, in certain regions of Canada are driving the demand for alternative, sustainable options.
3. Industry Innovation: The development of new materials, like compostable plastics or bamboo, and innovative straw designs is expanding the range of options available to consumers and businesses.
4. Consumer Trends: Changing consumer lifestyles and the growth of the foodservice industry have increased the demand for straws for various beverages and takeaway items.
5. Corporate Social Responsibility: Many businesses and foodservice providers are adopting eco-friendly straw alternatives to demonstrate their commitment to sustainability, which is positively influencing market growth.
6. Tourism and Events: Canada’s thriving tourism industry and the hosting of major events, such as festivals and conferences, create a steady demand for straws in the hospitality sector.

Top of Form

Key Players:

• 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.

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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

Competitive Landscape

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., and TetraPak Inc are few of the leading straw manufacturers in Canada market.

These key manufacturers of straws are concentrating on developing sustainable solutions to expand their customer base. They are also employing strategies such as partnerships, mergers, and acquisitions to gain a competitive edge in the market. For instance,

• In October 2021, Tembo announced partnership with McDonalds Canada to provide paper straws for more than 1400 McDonalds restaurants in Canada.

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About Future Market Insights (FMI)

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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