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The value of the global paper straws market stood at US$ 2.1 Mn in 2021. The global market is estimated to rise at a CAGR of 6.8% during the forecast period, from 2022 to 2028. The global paper straws market is anticipated to cross the valuation of US$ 5.2 Bn by 2028. Single-use plastic solutions are being phased out of the packaging industry’s product line. Tetra packs are even being used to replace the complimentary straws. Eco-friendly straws market future looks bright with the increasing adoption of paper straws.
Due to the better production capacities, the paper straws market is expected to rise significantly in the future years. In order to improve their manufacturing capacities, producers may employ manual machines instead of handcrafted bamboo straws. Furthermore, customizing bamboo straw semi-automatic machines is predicted to help producers increase their total production capacity. Paper straws are also manufactured at a slower rate than plastic straws. A standard paper straw machine can produce 200-300 straws each minute. Manufacturers must improve their manufacturing skills by employing manual or semi-automatic straw machines in order to grow their market share in the eco-friendly straw industry.
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Global Paper Straws Market: Growth Drivers
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Global Paper Straws Market: Key Players
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