Straw Market
Straw Market Forecasts to 2030 - Global Analysis By Product Type (Plastic Straws, Bamboo Straws, Metal Straws, Paper Straws, Glass Straws, Silicone Straws and Other Product Types), Straw Length (<9 cm Straws, 9-15 cm Straws, 16-20 cm Straws, >20 cm Straws and Other Straw Lengths), Sales Channel (Straw Manufacturers, Straw Distributors, Straw Retailers, E-retail of Straws and Other Sales Channels), End User (Food Service, Institutional, Households and Other End Users) and By Geography
|
Years Covered |
2021-2030 |
|
Estimated Year Value (2023) |
US $19.2 BN |
|
Projected Year Value (2030) |
US $31.44 BN |
|
CAGR (2023 - 2030) |
7.3% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
North America |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Straw Market is accounted for $19.2 billion in 2023 and is expected to reach $31.44 billion by 2030 growing at a CAGR of 7.3% during the forecast period. Straw is the main attraction at the Straw Market. This common material is skilfully transformed by local artisans into a stunning variety of works of art, ranging from charming figurines and bags that perfectly capture island life to intricately woven baskets and sun hats that offer relief from the Bahamian heat. Each piece of straw has a unique story to tell about the Bahamian craftsmanship that has been handed down through the generations. Moreover, the simple straw is transformed into a work of art, an embodiment of culture, and a treasured souvenir in the Bahamas, where visitors to the market can explore this distinctive artistry and bring home a piece of the country.
According to UNESDA, soft drinks can be a part of a healthy and balanced lifestyle, eventually increasing the consumption of biodegradable straws
Market Dynamics:
Driver:
Growing tourism
The main factor driving the Straw Market is the consistent influx of tourists to Nassau. The number of cruise ships that dock in Nassau, the popularity of the Bahamas as a vacation spot, and the trends in international travel all have a big impact on the market's foot traffic and sales. A steady flow of tourists can be attracted by forming strategic alliances with cruise lines, tour companies, and regional tourism boards.
Restraint:
Vendor rivalry
Vendor competition may lead to price wars, lowered profit margins, and a potential decline in the perceived value of goods. Vendors can combat this by differentiating their products through original designs, alterations, and storytelling to appeal to a wider range of customers. Additionally, vendor cooperation can also foster unity and lessen divisive competition, as seen in joint marketing initiatives or themed product showcases.
Opportunity:
Various product offerings
Diversification can include using locally sourced materials like conch shells, coconut husks, or even recycled marine debris in crafts in addition to traditional straw products. Moreover, a wider range of customers, including collectors and art enthusiasts, can be attracted by the introduction of innovative product lines that combine traditional craftsmanship with modern design aesthetics.
Threat:
Mass production's rivalry
Mass-produced trinkets and straw goods, frequently imported from low-cost nations, can be more affordable than what the market has to offer. However, these goods might not be as genuine and well-made as those made locally, which might turn customers away from the Straw Market. By highlighting the distinctiveness and superiority of its handmade goods, the market can combat this.
Covid-19 Impact:
The COVID-19 pandemic significantly impacted the straw market, causing a disruption in tourism, which is essential to its survival. Foot traffic and sales plummeted as a result of travel restrictions, cruise ship cancellations, and reduced tourist flows. The market's extended closures and shortened hours put a strain on the finances of the vendors. The shopping experience has also changed as a result of improved health and safety regulations, such as mask requirements and social segregation. Moreover, to adjust, the market had to adopt digital strategies, like establishing an online presence and putting contactless payment methods in place, to reach potential customers during times when there were fewer in-person visits.
The Plastic Straws segment is expected to be the largest during the forecast period
Due to its widespread use in the food and beverage industry and convenience, the plastic straw segment is anticipated to have the largest share of the market for single-use straws. Market dynamics may have changed since then, though, as regulations and a growing focus on environmental sustainability have discouraged the use of single-use plastics. Moreover, it is crucial to be aware that the market environment may have changed, possibly favoring substitute options like silicone, metal, paper, glass, and bamboo straws, which are regarded as more environmentally friendly and sustainable options.
The Food Service segment is expected to have the highest CAGR during the forecast period
During the anticipated period, the straw market's highest CAGR will be observed in the food service sector. A number of factors, including the growth of the global foodservice industry, a rise in eating out habits, and consumer demand for convenience, contributed to this segment's strong growth. Additionally, the food service industry was poised to continue its strong growth trajectory as more consumers chose to eat in restaurants and order takeout.
Region with largest share:
The Bahamas, a country in North America, is the market's center, with the region with the largest share of the straw market being primarily concentrated in that region. The famous Straw Market is located in Nassau, in the Bahamas, which are geographically considered to be a part of North America. Additionally, the traditional Bahamian straw goods are popular with tourists who come to buy them as souvenirs, especially those from North America, which includes the United States and Canada.
Region with highest CAGR:
During the forecast period, the straw market saw the highest CAGR in the Asia-Pacific region. This extraordinary growth can be attributed to a number of variables, including rising environmental sustainability awareness, a move away from plastic straws, and the expanding food and beverage industry in the area. Moreover, the Asia-Pacific market has seen significant growth, making it a key player in the global straw industry as businesses and consumers alike prioritize sustainability and the use of biodegradable and reusable straw options.
Key players in the market
Some of the key players in Straw market include Stora Enso, Pactiv LLC, Gumi Bamboo, Biopac Ltd., Huhtamäki Oyj, Hoffmaster Group Inc., Absolute Custom Extrusions, Tetra Pak International S.A., Hay Straws and FinalStraw.
Key Developments:
In February 2023, Alesayi Beverage Corporation signs an agreement with Tetra Pak Arabia for Euro 7.6 million at Gulfood 2023. The agreement will see Tetra Pak provide state-of-the-art processing equipment to Alesayi’s greenfield facility. It is expected that the new facility will be operational by the first quarter of the year 2024 and produce beverages of approximately 200,000 litres per day.
In January 2023, Stora Enso has signed an agreement to divest its paper production site in Hylte, Sweden and all its related assets to Sweden Timber, a Sweden-based sawmill and planing mill company. The enterprise value is approximately EUR 18 million. The completion of the transaction is expected in the first half of 2023. Concerning the Anjala paper site in Finland, Stora Enso has decided to discontinue the divestment process.
In January 2023, Stora Enso completed the divestment of the Nymölla paper production site in Sweden. Stora Enso completed the divestment of its Nymölla pulp paper mill in Sweden to Sylvamo, the US-based producer of uncoated paper. The enterprise value of the transaction, which was announced in September last year, is about €150m.
Product Types Covered:
• Plastic Straws
• Bamboo Straws
• Metal Straws
• Paper Straws
• Glass Straws
• Silicone Straws
• Other Product Types
Straw Lengths Covered:
• <9 cm Straws
• 9-15 cm Straws
• 16-20 cm Straws
• >20 cm Straws
• Other Straw Lengths
Sales Channels Covered:
• Straw Manufacturers
• Straw Distributors
• Straw Retailers
• E-retail of Straws
• Other Sales Channels
End Users Covered:
• Food Service
• Institutional
• Households
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Straw Market, By Product Type
5.1 Introduction
5.2 Plastic Straws
5.3 Bamboo Straws
5.4 Metal Straws
5.5 Paper Straws
5.6 Glass Straws
5.7 Silicone Straws
5.8 Other Product Types
6 Global Straw Market, By Straw Length
6.1 Introduction
6.2 <9 cm Straws
6.3 9-15 cm Straws
6.4 16-20 cm Straws
6.5 >20 cm Straws
6.6 Other Straw Lengths
7 Global Straw Market, By Sales Channel
7.1 Introduction
7.2 Straw Manufacturers
7.3 Straw Distributors
7.4 Straw Retailers
7.5 E-retail of Straws
7.6 Other Sales Channels
8 Global Straw Market, By End User
8.1 Introduction
8.2 Food Service
8.3 Institutional
8.4 Households
8.5 Other End Users
9 Global Straw Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Stora Enso
11.2 Pactiv LLC
11.3 Gumi Bamboo
11.4 Biopac Ltd.
11.5 Huhtamäki Oyj
11.6 Hoffmaster Group Inc.
11.7 Absolute Custom Extrusions
11.8 Tetra Pak International S.A.
11.9 Hay Straws
11.10 FinalStraw
List of Tables
1 Global Straw Market Outlook, By Region (2021-2030) ($MN)
2 Global Straw Market Outlook, By Product Type (2021-2030) ($MN)
3 Global Straw Market Outlook, By Plastic Straws (2021-2030) ($MN)
4 Global Straw Market Outlook, By Bamboo Straws (2021-2030) ($MN)
5 Global Straw Market Outlook, By Metal Straws (2021-2030) ($MN)
6 Global Straw Market Outlook, By Paper Straws (2021-2030) ($MN)
7 Global Straw Market Outlook, By Glass Straws (2021-2030) ($MN)
8 Global Straw Market Outlook, By Silicone Straws (2021-2030) ($MN)
9 Global Straw Market Outlook, By Other Product Types (2021-2030) ($MN)
10 Global Straw Market Outlook, By Straw Length (2021-2030) ($MN)
11 Global Straw Market Outlook, By <9 cm Straws (2021-2030) ($MN)
12 Global Straw Market Outlook, By 9-15 cm Straws (2021-2030) ($MN)
13 Global Straw Market Outlook, By 16-20 cm Straws (2021-2030) ($MN)
14 Global Straw Market Outlook, By >20 cm Straws (2021-2030) ($MN)
15 Global Straw Market Outlook, By Other Straw Lengths (2021-2030) ($MN)
16 Global Straw Market Outlook, By Sales Channel (2021-2030) ($MN)
17 Global Straw Market Outlook, By Straw Manufacturers (2021-2030) ($MN)
18 Global Straw Market Outlook, By Straw Distributors (2021-2030) ($MN)
19 Global Straw Market Outlook, By Straw Retailers (2021-2030) ($MN)
20 Global Straw Market Outlook, By E-retail of Straws (2021-2030) ($MN)
21 Global Straw Market Outlook, By Other Sales Channels (2021-2030) ($MN)
22 Global Straw Market Outlook, By End User (2021-2030) ($MN)
23 Global Straw Market Outlook, By Food Service (2021-2030) ($MN)
24 Global Straw Market Outlook, By Institutional (2021-2030) ($MN)
25 Global Straw Market Outlook, By Households (2021-2030) ($MN)
26 Global Straw Market Outlook, By Other End Users (2021-2030) ($MN)
27 North America Straw Market Outlook, By Country (2021-2030) ($MN)
28 North America Straw Market Outlook, By Product Type (2021-2030) ($MN)
29 North America Straw Market Outlook, By Plastic Straws (2021-2030) ($MN)
30 North America Straw Market Outlook, By Bamboo Straws (2021-2030) ($MN)
31 North America Straw Market Outlook, By Metal Straws (2021-2030) ($MN)
32 North America Straw Market Outlook, By Paper Straws (2021-2030) ($MN)
33 North America Straw Market Outlook, By Glass Straws (2021-2030) ($MN)
34 North America Straw Market Outlook, By Silicone Straws (2021-2030) ($MN)
35 North America Straw Market Outlook, By Other Product Types (2021-2030) ($MN)
36 North America Straw Market Outlook, By Straw Length (2021-2030) ($MN)
37 North America Straw Market Outlook, By <9 cm Straws (2021-2030) ($MN)
38 North America Straw Market Outlook, By 9-15 cm Straws (2021-2030) ($MN)
39 North America Straw Market Outlook, By 16-20 cm Straws (2021-2030) ($MN)
40 North America Straw Market Outlook, By >20 cm Straws (2021-2030) ($MN)
41 North America Straw Market Outlook, By Other Straw Lengths (2021-2030) ($MN)
42 North America Straw Market Outlook, By Sales Channel (2021-2030) ($MN)
43 North America Straw Market Outlook, By Straw Manufacturers (2021-2030) ($MN)
44 North America Straw Market Outlook, By Straw Distributors (2021-2030) ($MN)
45 North America Straw Market Outlook, By Straw Retailers (2021-2030) ($MN)
46 North America Straw Market Outlook, By E-retail of Straws (2021-2030) ($MN)
47 North America Straw Market Outlook, By Other Sales Channels (2021-2030) ($MN)
48 North America Straw Market Outlook, By End User (2021-2030) ($MN)
49 North America Straw Market Outlook, By Food Service (2021-2030) ($MN)
50 North America Straw Market Outlook, By Institutional (2021-2030) ($MN)
51 North America Straw Market Outlook, By Households (2021-2030) ($MN)
52 North America Straw Market Outlook, By Other End Users (2021-2030) ($MN)
53 Europe Straw Market Outlook, By Country (2021-2030) ($MN)
54 Europe Straw Market Outlook, By Product Type (2021-2030) ($MN)
55 Europe Straw Market Outlook, By Plastic Straws (2021-2030) ($MN)
56 Europe Straw Market Outlook, By Bamboo Straws (2021-2030) ($MN)
57 Europe Straw Market Outlook, By Metal Straws (2021-2030) ($MN)
58 Europe Straw Market Outlook, By Paper Straws (2021-2030) ($MN)
59 Europe Straw Market Outlook, By Glass Straws (2021-2030) ($MN)
60 Europe Straw Market Outlook, By Silicone Straws (2021-2030) ($MN)
61 Europe Straw Market Outlook, By Other Product Types (2021-2030) ($MN)
62 Europe Straw Market Outlook, By Straw Length (2021-2030) ($MN)
63 Europe Straw Market Outlook, By <9 cm Straws (2021-2030) ($MN)
64 Europe Straw Market Outlook, By 9-15 cm Straws (2021-2030) ($MN)
65 Europe Straw Market Outlook, By 16-20 cm Straws (2021-2030) ($MN)
66 Europe Straw Market Outlook, By >20 cm Straws (2021-2030) ($MN)
67 Europe Straw Market Outlook, By Other Straw Lengths (2021-2030) ($MN)
68 Europe Straw Market Outlook, By Sales Channel (2021-2030) ($MN)
69 Europe Straw Market Outlook, By Straw Manufacturers (2021-2030) ($MN)
70 Europe Straw Market Outlook, By Straw Distributors (2021-2030) ($MN)
71 Europe Straw Market Outlook, By Straw Retailers (2021-2030) ($MN)
72 Europe Straw Market Outlook, By E-retail of Straws (2021-2030) ($MN)
73 Europe Straw Market Outlook, By Other Sales Channels (2021-2030) ($MN)
74 Europe Straw Market Outlook, By End User (2021-2030) ($MN)
75 Europe Straw Market Outlook, By Food Service (2021-2030) ($MN)
76 Europe Straw Market Outlook, By Institutional (2021-2030) ($MN)
77 Europe Straw Market Outlook, By Households (2021-2030) ($MN)
78 Europe Straw Market Outlook, By Other End Users (2021-2030) ($MN)
79 Asia Pacific Straw Market Outlook, By Country (2021-2030) ($MN)
80 Asia Pacific Straw Market Outlook, By Product Type (2021-2030) ($MN)
81 Asia Pacific Straw Market Outlook, By Plastic Straws (2021-2030) ($MN)
82 Asia Pacific Straw Market Outlook, By Bamboo Straws (2021-2030) ($MN)
83 Asia Pacific Straw Market Outlook, By Metal Straws (2021-2030) ($MN)
84 Asia Pacific Straw Market Outlook, By Paper Straws (2021-2030) ($MN)
85 Asia Pacific Straw Market Outlook, By Glass Straws (2021-2030) ($MN)
86 Asia Pacific Straw Market Outlook, By Silicone Straws (2021-2030) ($MN)
87 Asia Pacific Straw Market Outlook, By Other Product Types (2021-2030) ($MN)
88 Asia Pacific Straw Market Outlook, By Straw Length (2021-2030) ($MN)
89 Asia Pacific Straw Market Outlook, By <9 cm Straws (2021-2030) ($MN)
90 Asia Pacific Straw Market Outlook, By 9-15 cm Straws (2021-2030) ($MN)
91 Asia Pacific Straw Market Outlook, By 16-20 cm Straws (2021-2030) ($MN)
92 Asia Pacific Straw Market Outlook, By >20 cm Straws (2021-2030) ($MN)
93 Asia Pacific Straw Market Outlook, By Other Straw Lengths (2021-2030) ($MN)
94 Asia Pacific Straw Market Outlook, By Sales Channel (2021-2030) ($MN)
95 Asia Pacific Straw Market Outlook, By Straw Manufacturers (2021-2030) ($MN)
96 Asia Pacific Straw Market Outlook, By Straw Distributors (2021-2030) ($MN)
97 Asia Pacific Straw Market Outlook, By Straw Retailers (2021-2030) ($MN)
98 Asia Pacific Straw Market Outlook, By E-retail of Straws (2021-2030) ($MN)
99 Asia Pacific Straw Market Outlook, By Other Sales Channels (2021-2030) ($MN)
100 Asia Pacific Straw Market Outlook, By End User (2021-2030) ($MN)
101 Asia Pacific Straw Market Outlook, By Food Service (2021-2030) ($MN)
102 Asia Pacific Straw Market Outlook, By Institutional (2021-2030) ($MN)
103 Asia Pacific Straw Market Outlook, By Households (2021-2030) ($MN)
104 Asia Pacific Straw Market Outlook, By Other End Users (2021-2030) ($MN)
105 South America Straw Market Outlook, By Country (2021-2030) ($MN)
106 South America Straw Market Outlook, By Product Type (2021-2030) ($MN)
107 South America Straw Market Outlook, By Plastic Straws (2021-2030) ($MN)
108 South America Straw Market Outlook, By Bamboo Straws (2021-2030) ($MN)
109 South America Straw Market Outlook, By Metal Straws (2021-2030) ($MN)
110 South America Straw Market Outlook, By Paper Straws (2021-2030) ($MN)
111 South America Straw Market Outlook, By Glass Straws (2021-2030) ($MN)
112 South America Straw Market Outlook, By Silicone Straws (2021-2030) ($MN)
113 South America Straw Market Outlook, By Other Product Types (2021-2030) ($MN)
114 South America Straw Market Outlook, By Straw Length (2021-2030) ($MN)
115 South America Straw Market Outlook, By <9 cm Straws (2021-2030) ($MN)
116 South America Straw Market Outlook, By 9-15 cm Straws (2021-2030) ($MN)
117 South America Straw Market Outlook, By 16-20 cm Straws (2021-2030) ($MN)
118 South America Straw Market Outlook, By >20 cm Straws (2021-2030) ($MN)
119 South America Straw Market Outlook, By Other Straw Lengths (2021-2030) ($MN)
120 South America Straw Market Outlook, By Sales Channel (2021-2030) ($MN)
121 South America Straw Market Outlook, By Straw Manufacturers (2021-2030) ($MN)
122 South America Straw Market Outlook, By Straw Distributors (2021-2030) ($MN)
123 South America Straw Market Outlook, By Straw Retailers (2021-2030) ($MN)
124 South America Straw Market Outlook, By E-retail of Straws (2021-2030) ($MN)
125 South America Straw Market Outlook, By Other Sales Channels (2021-2030) ($MN)
126 South America Straw Market Outlook, By End User (2021-2030) ($MN)
127 South America Straw Market Outlook, By Food Service (2021-2030) ($MN)
128 South America Straw Market Outlook, By Institutional (2021-2030) ($MN)
129 South America Straw Market Outlook, By Households (2021-2030) ($MN)
130 South America Straw Market Outlook, By Other End Users (2021-2030) ($MN)
131 Middle East & Africa Straw Market Outlook, By Country (2021-2030) ($MN)
132 Middle East & Africa Straw Market Outlook, By Product Type (2021-2030) ($MN)
133 Middle East & Africa Straw Market Outlook, By Plastic Straws (2021-2030) ($MN)
134 Middle East & Africa Straw Market Outlook, By Bamboo Straws (2021-2030) ($MN)
135 Middle East & Africa Straw Market Outlook, By Metal Straws (2021-2030) ($MN)
136 Middle East & Africa Straw Market Outlook, By Paper Straws (2021-2030) ($MN)
137 Middle East & Africa Straw Market Outlook, By Glass Straws (2021-2030) ($MN)
138 Middle East & Africa Straw Market Outlook, By Silicone Straws (2021-2030) ($MN)
139 Middle East & Africa Straw Market Outlook, By Other Product Types (2021-2030) ($MN)
140 Middle East & Africa Straw Market Outlook, By Straw Length (2021-2030) ($MN)
141 Middle East & Africa Straw Market Outlook, By <9 cm Straws (2021-2030) ($MN)
142 Middle East & Africa Straw Market Outlook, By 9-15 cm Straws (2021-2030) ($MN)
143 Middle East & Africa Straw Market Outlook, By 16-20 cm Straws (2021-2030) ($MN)
144 Middle East & Africa Straw Market Outlook, By >20 cm Straws (2021-2030) ($MN)
145 Middle East & Africa Straw Market Outlook, By Other Straw Lengths (2021-2030) ($MN)
146 Middle East & Africa Straw Market Outlook, By Sales Channel (2021-2030) ($MN)
147 Middle East & Africa Straw Market Outlook, By Straw Manufacturers (2021-2030) ($MN)
148 Middle East & Africa Straw Market Outlook, By Straw Distributors (2021-2030) ($MN)
149 Middle East & Africa Straw Market Outlook, By Straw Retailers (2021-2030) ($MN)
150 Middle East & Africa Straw Market Outlook, By E-retail of Straws (2021-2030) ($MN)
151 Middle East & Africa Straw Market Outlook, By Other Sales Channels (2021-2030) ($MN)
152 Middle East & Africa Straw Market Outlook, By End User (2021-2030) ($MN)
153 Middle East & Africa Straw Market Outlook, By Food Service (2021-2030) ($MN)
154 Middle East & Africa Straw Market Outlook, By Institutional (2021-2030) ($MN)
155 Middle East & Africa Straw Market Outlook, By Households (2021-2030) ($MN)
156 Middle East & Africa Straw Market Outlook, By Other End Users (2021-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
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