Latin America Paper Straw Market Size & Outlook, 2023-2030
Latin America paper straw market, 2018-2030 (US$M)
Related Markets
Latin America paper straw market highlights
- The Latin America paper straw market generated a revenue of USD 207.1 million in 2023.
- The market is expected to grow at a CAGR of 17.3% from 2024 to 2030.
- In terms of segment, virgin paper was the largest revenue generating material in 2023.
- Recycled Paper is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 207.1 million |
| Market revenue in 2030 | USD 632.1 million |
| Growth rate | 17.3% (CAGR from 2023 to 2030) |
| Largest segment | Virgin paper |
| Fastest growing segment | Recycled Paper |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Virgin Paper, Recycled Paper |
| Key market players worldwide | Huhtamäki Oyj, Duni AB, Apollo Global Management Inc Class A, Tetra Tech Inc, Hoffmaster Group, Footprint, Matrix Pack, Jinhua Chunguang Technology, Transcend Packaging |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.6% of the global paper straw market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,596.1 million by 2030.
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Paper Straw Market Scope
Paper Straw Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America paper straw market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to paper straw market will help companies and investors design strategic landscapes.
Virgin paper was the largest segment with a revenue share of 53.36% in 2023. Horizon Databook has segmented the Latin America paper straw market based on virgin paper, recycled paper covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Paper Straw Material Outlook (Revenue, USD Million, 2018-2030)
- Virgin Paper
- Recycled Paper
- Latin America Paper Straw Product Outlook (Revenue, USD Million, 2018-2030)
- Non-printed
- Printed
- Latin America Paper Straw Straw Length Outlook (Revenue, USD Million, 2018-2030)
- <5.75 Inches
- 5.75-7.75 Inches
- 7.75-8.5 Inches
- 8.5-10.5 Inches
- >10.5 Inches)
- Latin America Paper Straw Diameter Outlook (Revenue, USD Million, 2018-2030)
- <0.15 Inches
- 0.15 - 0.196 Inches
- 0.196 - 0.25 Inches
- 0.25 - 0.4 Inches
- >0.4 Inches
- Latin America Paper Straw Sales Channel Outlook (Revenue, USD Million, 2018-2030)
- B2B
- B2C
- Latin America Paper Straw End-Use Outlook (Revenue, USD Million, 2018-2030)
- Foodservice
- Institutional
- Household
- Food Processing Industry
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Target buyers of Latin America paper straw market databook
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Our clientele includes a mix of paper straw market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America paper straw market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America paper straw market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America paper straw market size, by country, 2018-2030 (US$M)
Latin America Paper Straw Market Outlook Share, 2023 & 2030 (US$M)
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