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Straw Board Packaging Market - Overview 

Straw Board Packaging refers to a method of packaging that is made with straw pulp to protect and transport a diverse range of products with efficiency. The adoption of straw board packaging is rapidly growing due to its various advantages, such as, biodegradability, light-weight and recyclability. Furthermore, straw board packaging consists of more than 80% of recycled content along with additional fresh pulp obtained from the sustainably managed forests. The rising awareness about environment among consumers is expected to boost the demand for straw board packaging in the upcoming time.

Straw Board Packaging Market - Dynamics

Drivers:

Straw boards are made of 100% high quality natural food grain straw, comprised of agricultural fibres which are left-over after harvests, by-product that is usually disposed of. The eco-friendly straw board packaging solution is fireproof and sometimes it works as a moisture resistant product too. These above mentioned factors are playing major roles in augmenting the straw board packaging market in the industry.

Restraints:

If not built properly, it is possible to end up with gaps between the straws. This can create thermal breakpoint can cause harm to the energy efficiency, and could allow damage to the respective product. Straw board packaging can also be a lung irritant. Furthermore, without proper maintenance, the packaging can quickly degrade and these factors might hinder the growth of straw board packaging market’s growth.

Opportunities:

Rising concern about the environment

Nowadays people are suffering from different diseases caused by environmental pollution. This is resulting in spreading knowledge about the importance of a healthy environment which in turn forcing people to use biodegradable products more. The rising concern about environment is creating new opportunities for straw boards as packaging solution in the market. Moreover, various government rules and regulations implemented in various regions are helping the straw board packaging market to grow at a rapid speed.

Low-Embodied Energy and biodegradability

It doesn’t take much energy to grow and process straw. Apart from sunlight during the growth phase, the only other energy that is required at the time of transportation of straw boards. .

Trend of Biodegradable Products

New trend of using various biodegradable packaging solution especially in household is creating opportunities for straw board packaging market to grow higher.

Straw Board Packaging Market – COVID 19 Impact

Owing to Covid-19 the capacities and financial conditions of straw board packaging manufacturers have witness a shrink in their revenue. This pandemic has caused a widespread health catastrophe, which is badly affecting the financial markets of major countries and the end-use industries for straw board packaging. The overall longstanding effect of Covid-19 on the straw board packaging market is anticipated to depend upon various aspects such as global spread and period of the pandemic, the activities taken by several government authorities globally in response to the epidemic, and the harshness of the disease.

Straw Board Packaging Market - Segmentation

The global straw board packaging market is segmented by thickness, material type and end use.

By thickness, the global straw board packaging market is segmented as follows:

  • Up to 0.5 mm
  • 0.5 mm to 1.5 mm
  • 1.5 mm to 3 mm
  • 3 mm to 4 mm
  • Above 4 mm

By material type, the global straw board packaging market is segmented as follows:

  • Rice
  • Barley
  • Wheat
  • Others

By end use, the global straw board packaging market is segmented as follows:

  • Building and Construction
  • Food & Beverages
  • Automotive
  • Healthcare
  • Personal Care & Cosmetics
  • Other End Use

Straw Board Packaging Market - Regional Outlook

Controlled by China and the U.K. respectively, global straw board packaging sales will remain focused in Asia and Europe. It is anticipated that there will be a lucrative profit in Germany and India, and this growth potential has been attributed to the booming beverage sector and rapid construction of building expansion in these countries. The growth of foodservice industry will particularly account for the sustained consumption of straw boards in the economies of Middle East & Africa.

Straw Board Packaging Market - Key Players

  • Chesapeake Plywood, LLC
  • Nefab Group
  • Shyam Enterprises
  • Bharat Card Board & Gen Mills
  • National Paper Board Mills
  • The Straw Board Manufacturing Company Ltd.

The report on straw board packaging market is a compilation of first-hand information, and qualitative & quantitative assessment by industry analysts, as well as inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. Straw board packaging market also maps the qualitative impact of various market factors on market segments and geographies.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Straw Board Packaging Market

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