Paper Straw Market Key Players Analysis 2031
Paper straws are drinking straws used to suck liquid foods. They can be manufactured as straight tubes or have angle adjustable bellow segments. They are made from paper material and hence are seen as eco-friendly options to plastic straws. Paper straws are biodegradable and 100% recyclable. Unlike plastic straws, which may take hundreds of years to decompose fully, paper straws can completely be degraded within 2-6 weeks.
MARKET DYNAMICS
The growing consumer awareness about the menace of plastic items, including plastic straws and plastic cutlery on the surrounding environment, has attracted a significant number of users towards paper straws in recent years. Government reforms and an increasing number of campaigns and movements to ban plastic goods are gaining momentum, and consumers are more than willing to opt for more eco-friendly consumer goods such as paper straws and food packing materials. The biodegradability of paper straws and its ability to hold up during the course of the meal is a significant draw for many restaurant owners and consumers. Paper straws are now made available by manufacturers in different patterns and colors to attract consumers. The expansion of the HORECA industry, proliferation of restaurants and hotels, and the emerging food delivery services are likely to drive the paper straw market in the forecast period. However, the low cost of durable plastic straws and its wide prevalent use in the restaurant businesses is likely to act as a restraining factor to the growth of the global paper straw market.
MARKET SCOPE
The "Global Paper Straw Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the paper straw market with detailed market segmentation by material type, product type, straw length, straw diameter, end-use application, and geography. The global paper straw market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading paper straw market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global paper straw market is segmented on the basis of material type, product type, straw length, straw diameter, and end-use application. On the basis of material type, the paper straw market is segmented into, virgin paper and recycled paper. On the basis of product type, the market is bifurcated into, printed and non-printed. Based on straw length, the global paper straw market is segmented into, 10.5 inches. Based on straw diameter, the global paper straw market is segmented into 0.4 inches. On the basis of end-use application, the paper straw market is segmented into, foodservice, hotels, institutional, and household.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global paper straw market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The paper straw market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the paper straw market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the paper straw market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global paper straw market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The paper straw market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the paper straw market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the paper straw market in these regions.
MARKET PLAYERS
The reports cover key developments in the paper straw market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from paper straw market are anticipated to lucrative growth opportunities in the future with the rising demand for paper straw in the global market. Below mentioned is the list of few companies engaged in the paper straw market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the paper straw market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Aleco Industrial Co., Ltd.
- Canada Brown Eco Products Ltd
- Footprint
- Fuling Global Inc.
- Hoffmaster Group, Inc.
- Huhtamaki OYJ
- Royal Paper Industries
- Soton Daily Necessities Co., Ltd. Y.W.
- Tetra Pak International S.A.
- Transcend Packaging Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Paper Straw Market - By Material Type
1.3.2 Paper Straw Market - By Product Type
1.3.3 Paper Straw Market - By Straw Length
1.3.4 Paper Straw Market - By Straw Diameter
1.3.5 Paper Straw Market - By End-Use Application
1.3.6 Paper Straw Market - By Region
1.3.6.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. PAPER STRAW MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. PAPER STRAW MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. PAPER STRAW MARKET - GLOBAL MARKET ANALYSIS
6.1. PAPER STRAW - GLOBAL MARKET OVERVIEW
6.2. PAPER STRAW - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PAPER STRAW MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL TYPE
7.1. OVERVIEW
7.2. MATERIAL TYPE MARKET FORECASTS AND ANALYSIS
7.3. VIRGIN PAPER
7.3.1. Overview
7.3.2. Virgin Paper Market Forecast and Analysis
7.4. RECYCLED PAPER
7.4.1. Overview
7.4.2. Recycled Paper Market Forecast and Analysis
8. PAPER STRAW MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
8.1. OVERVIEW
8.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
8.3. PRINTED
8.3.1. Overview
8.3.2. Printed Market Forecast and Analysis
8.4. NON-PRINTED
8.4.1. Overview
8.4.2. Non-Printed Market Forecast and Analysis
9. PAPER STRAW MARKET - REVENUE AND FORECASTS TO 2028 - STRAW LENGTH
9.1. OVERVIEW
9.2. STRAW LENGTH MARKET FORECASTS AND ANALYSIS
9.3. LESS THAN 5.75 INCHES
9.3.1. Overview
9.3.2. Less than 5.75 Inches Market Forecast and Analysis
9.4. 5.75 TO 7.75 INCHES
9.4.1. Overview
9.4.2. 5.75 to 7.75 Inches Market Forecast and Analysis
9.5. 7.75 TO 8.5 INCHES
9.5.1. Overview
9.5.2. 7.75 to 8.5 Inches Market Forecast and Analysis
9.6. 8.5 TO 10.5 INCHES
9.6.1. Overview
9.6.2. 8.5 to 10.5 Inches Market Forecast and Analysis
9.7. MORE THAN 10.5 INCHES
9.7.1. Overview
9.7.2. More than 10.5 Inches Market Forecast and Analysis
10. PAPER STRAW MARKET - REVENUE AND FORECASTS TO 2028 - STRAW DIAMETER
10.1. OVERVIEW
10.2. STRAW DIAMETER MARKET FORECASTS AND ANALYSIS
10.3. LESS THAN 0.15 INCHES
10.3.1. Overview
10.3.2. Less than 0.15 Inches Market Forecast and Analysis
10.4. 0.15 TO 0.196 INCHES
10.4.1. Overview
10.4.2. 0.15 to 0.196 Inches Market Forecast and Analysis
10.5. 0.196 TO 0.25 INCHES
10.5.1. Overview
10.5.2. 0.196 to 0.25 Inches Market Forecast and Analysis
10.6. 0.25 TO 0.4 INCHES
10.6.1. Overview
10.6.2. 0.25 to 0.4 Inches Market Forecast and Analysis
10.7. MORE THAN 0.4 INCHES
10.7.1. Overview
10.7.2. More than 0.4 Inches Market Forecast and Analysis
11. PAPER STRAW MARKET - REVENUE AND FORECASTS TO 2028 - END-USE APPLICATION
11.1. OVERVIEW
11.2. END-USE APPLICATION MARKET FORECASTS AND ANALYSIS
11.3. FOODSERVICE
11.3.1. Overview
11.3.2. Foodservice Market Forecast and Analysis
11.4. HOTELS
11.4.1. Overview
11.4.2. Hotels Market Forecast and Analysis
11.5. INSTITUTIONAL
11.5.1. Overview
11.5.2. Institutional Market Forecast and Analysis
11.6. HOUSEHOLD
11.6.1. Overview
11.6.2. Household Market Forecast and Analysis
12. PAPER STRAW MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America Paper Straw Market Overview
12.1.2 North America Paper Straw Market Forecasts and Analysis
12.1.3 North America Paper Straw Market Forecasts and Analysis - By Material Type
12.1.4 North America Paper Straw Market Forecasts and Analysis - By Product Type
12.1.5 North America Paper Straw Market Forecasts and Analysis - By Straw Length
12.1.6 North America Paper Straw Market Forecasts and Analysis - By Straw Diameter
12.1.7 North America Paper Straw Market Forecasts and Analysis - By End-Use Application
12.1.8 North America Paper Straw Market Forecasts and Analysis - By Countries
12.1.8.1 United States Paper Straw Market
12.1.8.1.1 United States Paper Straw Market by Material Type
12.1.8.1.2 United States Paper Straw Market by Product Type
12.1.8.1.3 United States Paper Straw Market by Straw Length
12.1.8.1.4 United States Paper Straw Market by Straw Diameter
12.1.8.1.5 United States Paper Straw Market by End-Use Application
12.1.8.2 Canada Paper Straw Market
12.1.8.2.1 Canada Paper Straw Market by Material Type
12.1.8.2.2 Canada Paper Straw Market by Product Type
12.1.8.2.3 Canada Paper Straw Market by Straw Length
12.1.8.2.4 Canada Paper Straw Market by Straw Diameter
12.1.8.2.5 Canada Paper Straw Market by End-Use Application
12.1.8.3 Mexico Paper Straw Market
12.1.8.3.1 Mexico Paper Straw Market by Material Type
12.1.8.3.2 Mexico Paper Straw Market by Product Type
12.1.8.3.3 Mexico Paper Straw Market by Straw Length
12.1.8.3.4 Mexico Paper Straw Market by Straw Diameter
12.1.8.3.5 Mexico Paper Straw Market by End-Use Application
12.2. EUROPE
12.2.1 Europe Paper Straw Market Overview
12.2.2 Europe Paper Straw Market Forecasts and Analysis
12.2.3 Europe Paper Straw Market Forecasts and Analysis - By Material Type
12.2.4 Europe Paper Straw Market Forecasts and Analysis - By Product Type
12.2.5 Europe Paper Straw Market Forecasts and Analysis - By Straw Length
12.2.6 Europe Paper Straw Market Forecasts and Analysis - By Straw Diameter
12.2.7 Europe Paper Straw Market Forecasts and Analysis - By End-Use Application
12.2.8 Europe Paper Straw Market Forecasts and Analysis - By Countries
12.2.8.1 Germany Paper Straw Market
12.2.8.1.1 Germany Paper Straw Market by Material Type
12.2.8.1.2 Germany Paper Straw Market by Product Type
12.2.8.1.3 Germany Paper Straw Market by Straw Length
12.2.8.1.4 Germany Paper Straw Market by Straw Diameter
12.2.8.1.5 Germany Paper Straw Market by End-Use Application
12.2.8.2 France Paper Straw Market
12.2.8.2.1 France Paper Straw Market by Material Type
12.2.8.2.2 France Paper Straw Market by Product Type
12.2.8.2.3 France Paper Straw Market by Straw Length
12.2.8.2.4 France Paper Straw Market by Straw Diameter
12.2.8.2.5 France Paper Straw Market by End-Use Application
12.2.8.3 Italy Paper Straw Market
12.2.8.3.1 Italy Paper Straw Market by Material Type
12.2.8.3.2 Italy Paper Straw Market by Product Type
12.2.8.3.3 Italy Paper Straw Market by Straw Length
12.2.8.3.4 Italy Paper Straw Market by Straw Diameter
12.2.8.3.5 Italy Paper Straw Market by End-Use Application
12.2.8.4 United Kingdom Paper Straw Market
12.2.8.4.1 United Kingdom Paper Straw Market by Material Type
12.2.8.4.2 United Kingdom Paper Straw Market by Product Type
12.2.8.4.3 United Kingdom Paper Straw Market by Straw Length
12.2.8.4.4 United Kingdom Paper Straw Market by Straw Diameter
12.2.8.4.5 United Kingdom Paper Straw Market by End-Use Application
12.2.8.5 Russia Paper Straw Market
12.2.8.5.1 Russia Paper Straw Market by Material Type
12.2.8.5.2 Russia Paper Straw Market by Product Type
12.2.8.5.3 Russia Paper Straw Market by Straw Length
12.2.8.5.4 Russia Paper Straw Market by Straw Diameter
12.2.8.5.5 Russia Paper Straw Market by End-Use Application
12.2.8.6 Rest of Europe Paper Straw Market
12.2.8.6.1 Rest of Europe Paper Straw Market by Material Type
12.2.8.6.2 Rest of Europe Paper Straw Market by Product Type
12.2.8.6.3 Rest of Europe Paper Straw Market by Straw Length
12.2.8.6.4 Rest of Europe Paper Straw Market by Straw Diameter
12.2.8.6.5 Rest of Europe Paper Straw Market by End-Use Application
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific Paper Straw Market Overview
12.3.2 Asia-Pacific Paper Straw Market Forecasts and Analysis
12.3.3 Asia-Pacific Paper Straw Market Forecasts and Analysis - By Material Type
12.3.4 Asia-Pacific Paper Straw Market Forecasts and Analysis - By Product Type
12.3.5 Asia-Pacific Paper Straw Market Forecasts and Analysis - By Straw Length
12.3.6 Asia-Pacific Paper Straw Market Forecasts and Analysis - By Straw Diameter
12.3.7 Asia-Pacific Paper Straw Market Forecasts and Analysis - By End-Use Application
12.3.8 Asia-Pacific Paper Straw Market Forecasts and Analysis - By Countries
12.3.8.1 Australia Paper Straw Market
12.3.8.1.1 Australia Paper Straw Market by Material Type
12.3.8.1.2 Australia Paper Straw Market by Product Type
12.3.8.1.3 Australia Paper Straw Market by Straw Length
12.3.8.1.4 Australia Paper Straw Market by Straw Diameter
12.3.8.1.5 Australia Paper Straw Market by End-Use Application
12.3.8.2 China Paper Straw Market
12.3.8.2.1 China Paper Straw Market by Material Type
12.3.8.2.2 China Paper Straw Market by Product Type
12.3.8.2.3 China Paper Straw Market by Straw Length
12.3.8.2.4 China Paper Straw Market by Straw Diameter
12.3.8.2.5 China Paper Straw Market by End-Use Application
12.3.8.3 India Paper Straw Market
12.3.8.3.1 India Paper Straw Market by Material Type
12.3.8.3.2 India Paper Straw Market by Product Type
12.3.8.3.3 India Paper Straw Market by Straw Length
12.3.8.3.4 India Paper Straw Market by Straw Diameter
12.3.8.3.5 India Paper Straw Market by End-Use Application
12.3.8.4 Japan Paper Straw Market
12.3.8.4.1 Japan Paper Straw Market by Material Type
12.3.8.4.2 Japan Paper Straw Market by Product Type
12.3.8.4.3 Japan Paper Straw Market by Straw Length
12.3.8.4.4 Japan Paper Straw Market by Straw Diameter
12.3.8.4.5 Japan Paper Straw Market by End-Use Application
12.3.8.5 South Korea Paper Straw Market
12.3.8.5.1 South Korea Paper Straw Market by Material Type
12.3.8.5.2 South Korea Paper Straw Market by Product Type
12.3.8.5.3 South Korea Paper Straw Market by Straw Length
12.3.8.5.4 South Korea Paper Straw Market by Straw Diameter
12.3.8.5.5 South Korea Paper Straw Market by End-Use Application
12.3.8.6 Rest of Asia-Pacific Paper Straw Market
12.3.8.6.1 Rest of Asia-Pacific Paper Straw Market by Material Type
12.3.8.6.2 Rest of Asia-Pacific Paper Straw Market by Product Type
12.3.8.6.3 Rest of Asia-Pacific Paper Straw Market by Straw Length
12.3.8.6.4 Rest of Asia-Pacific Paper Straw Market by Straw Diameter
12.3.8.6.5 Rest of Asia-Pacific Paper Straw Market by End-Use Application
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa Paper Straw Market Overview
12.4.2 Middle East and Africa Paper Straw Market Forecasts and Analysis
12.4.3 Middle East and Africa Paper Straw Market Forecasts and Analysis - By Material Type
12.4.4 Middle East and Africa Paper Straw Market Forecasts and Analysis - By Product Type
12.4.5 Middle East and Africa Paper Straw Market Forecasts and Analysis - By Straw Length
12.4.6 Middle East and Africa Paper Straw Market Forecasts and Analysis - By Straw Diameter
12.4.7 Middle East and Africa Paper Straw Market Forecasts and Analysis - By End-Use Application
12.4.8 Middle East and Africa Paper Straw Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa Paper Straw Market
12.4.8.1.1 South Africa Paper Straw Market by Material Type
12.4.8.1.2 South Africa Paper Straw Market by Product Type
12.4.8.1.3 South Africa Paper Straw Market by Straw Length
12.4.8.1.4 South Africa Paper Straw Market by Straw Diameter
12.4.8.1.5 South Africa Paper Straw Market by End-Use Application
12.4.8.2 Saudi Arabia Paper Straw Market
12.4.8.2.1 Saudi Arabia Paper Straw Market by Material Type
12.4.8.2.2 Saudi Arabia Paper Straw Market by Product Type
12.4.8.2.3 Saudi Arabia Paper Straw Market by Straw Length
12.4.8.2.4 Saudi Arabia Paper Straw Market by Straw Diameter
12.4.8.2.5 Saudi Arabia Paper Straw Market by End-Use Application
12.4.8.3 U.A.E Paper Straw Market
12.4.8.3.1 U.A.E Paper Straw Market by Material Type
12.4.8.3.2 U.A.E Paper Straw Market by Product Type
12.4.8.3.3 U.A.E Paper Straw Market by Straw Length
12.4.8.3.4 U.A.E Paper Straw Market by Straw Diameter
12.4.8.3.5 U.A.E Paper Straw Market by End-Use Application
12.4.8.4 Rest of Middle East and Africa Paper Straw Market
12.4.8.4.1 Rest of Middle East and Africa Paper Straw Market by Material Type
12.4.8.4.2 Rest of Middle East and Africa Paper Straw Market by Product Type
12.4.8.4.3 Rest of Middle East and Africa Paper Straw Market by Straw Length
12.4.8.4.4 Rest of Middle East and Africa Paper Straw Market by Straw Diameter
12.4.8.4.5 Rest of Middle East and Africa Paper Straw Market by End-Use Application
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America Paper Straw Market Overview
12.5.2 South and Central America Paper Straw Market Forecasts and Analysis
12.5.3 South and Central America Paper Straw Market Forecasts and Analysis - By Material Type
12.5.4 South and Central America Paper Straw Market Forecasts and Analysis - By Product Type
12.5.5 South and Central America Paper Straw Market Forecasts and Analysis - By Straw Length
12.5.6 South and Central America Paper Straw Market Forecasts and Analysis - By Straw Diameter
12.5.7 South and Central America Paper Straw Market Forecasts and Analysis - By End-Use Application
12.5.8 South and Central America Paper Straw Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil Paper Straw Market
12.5.8.1.1 Brazil Paper Straw Market by Material Type
12.5.8.1.2 Brazil Paper Straw Market by Product Type
12.5.8.1.3 Brazil Paper Straw Market by Straw Length
12.5.8.1.4 Brazil Paper Straw Market by Straw Diameter
12.5.8.1.5 Brazil Paper Straw Market by End-Use Application
12.5.8.2 Argentina Paper Straw Market
12.5.8.2.1 Argentina Paper Straw Market by Material Type
12.5.8.2.2 Argentina Paper Straw Market by Product Type
12.5.8.2.3 Argentina Paper Straw Market by Straw Length
12.5.8.2.4 Argentina Paper Straw Market by Straw Diameter
12.5.8.2.5 Argentina Paper Straw Market by End-Use Application
12.5.8.3 Rest of South and Central America Paper Straw Market
12.5.8.3.1 Rest of South and Central America Paper Straw Market by Material Type
12.5.8.3.2 Rest of South and Central America Paper Straw Market by Product Type
12.5.8.3.3 Rest of South and Central America Paper Straw Market by Straw Length
12.5.8.3.4 Rest of South and Central America Paper Straw Market by Straw Diameter
12.5.8.3.5 Rest of South and Central America Paper Straw Market by End-Use Application
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. PAPER STRAW MARKET, KEY COMPANY PROFILES
14.1. ALECO INDUSTRIAL CO., LTD.
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. CANADA BROWN ECO PRODUCTS LTD
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. FOOTPRINT
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. FULING GLOBAL INC.
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. HOFFMASTER GROUP, INC.
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. HUHTAMAKI OYJ
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. ROYAL PAPER INDUSTRIES
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. SOTON DAILY NECESSITIES CO., LTD. Y.W.
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. TETRA PAK INTERNATIONAL S.A.
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. TRANSCEND PACKAGING LTD.
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
1. Aleco Industrial Co., Ltd.
2. Canada Brown Eco Products Ltd
3. Footprint
4. Fuling Global Inc.
5. Hoffmaster Group, Inc.
6. Huhtamaki OYJ
7. Royal Paper Industries
8. Soton Daily Necessities Co., Ltd. Y.W.
9. Tetra Pak International S.A.
10. Transcend Packaging Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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