Tuesday, 16 October 2018

4 Key Insights on Paper Straws Market by TMR

Paper straws are environment friendly straws which degrades after some months and vanishes into soil without harming the nature. Paper straws provide a sustainable packaging alternative to the plastic straws. But paper straws are comparatively more expensive than plastic straws which may create a barrier for the growth of paper straws market.
In March 2018, McDonald’s and several other food chains in U.K. and other developed countries made a ban of the usage of plastic straws as an initiative to reduce plastic waste. In 2018, U.S. also banned the usage of plastic straws in some of the states across the country. Similar such step has been taken by some of the states in India by banning the usage of plastic straws.
Such type of initiatives are also taken by some of the developed and developing countries such as South Africa, Thailand, Costa Rica, etc. across the globe for making ban on plastic straws and giving importance to paper straws. The growing preference of consumers towards the usage of environment – friendly packaging products are expected to drive the growth for paper straws market. This type of initiatives are expected to increase the market for paper straws.
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