Drinking Straws Market Projected to Reach USD 32 Billion by 2033
The Drinking Straws Market is on a remarkable growth trajectory, projected to grow from approximately USD 16.5 billion in 2023 to over USD 32.2 billion by 2033, at a compound annual growth rate (CAGR) of 7.5%. The rapid shift from single-use plastic straws to eco-friendly alternatives like paper, metal, bamboo, and glass straws is significantly transforming the landscape. Heightened environmental awareness, policy regulations, and rising demand from foodservice and hospitality industries are among the primary growth drivers. To Get Free Sample Report: https://www.datamintelligence.com/download-sample/drinking-straw-market Key Highlights: Market Size (2023): USD 16.5 Billion Forecast (2033): USD 32.2 Billion Global CAGR: 7.5% (2023–2033) North America CAGR: 6.5% Eco-Friendly Straws Market Share (2024): 68.9% Market Drivers 1. Global Plastic Bans Governments around the world are enforcing bans on single-use plastics, leading to a spike in demand for biodegradable and compostable al...