Product Code: ETC216627 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The straw market in Singapore is undergoing transformation as the focus on sustainability and single-use plastic reduction gains momentum. Straws, traditionally made from plastic, are being replaced with more environmentally friendly alternatives such as paper, bamboo, and metal straws. This shift is driven by consumer awareness of plastic pollution and regulatory efforts to limit plastic usage. The market is characterized by collaborations between manufacturers, hospitality businesses, and retail outlets to provide sustainable straw options to consumers. As the demand for eco-friendly products continues to rise, the straw market is expected to grow, presenting opportunities for innovation in materials, design, and distribution.
The yeast extract market in Singapore is propelled by the growing popularity of plant-based and natural food ingredients. Yeast extract, rich in umami flavor, is widely used as a flavor enhancer and natural source of nutrients in the food industry. With a rising focus on health and wellness, consumers are increasingly seeking products with clean labels and reduced artificial additives. Yeast extract aligns with these preferences, as it is a natural ingredient that can replace synthetic flavor enhancers. The market is further driven by the increasing adoption of vegetarian and vegan diets, where yeast extract adds depth and savory notes to plant-based dishes.
The straw market in Singapore faces challenges related to changing consumer preferences and environmental concerns. Single-use plastic straws have come under scrutiny due to their negative environmental impact, leading to bans and restrictions. However, alternative materials like paper, metal, and bamboo straws are gaining popularity. Local businesses in the straw market need to adapt to these changing preferences and invest in eco-friendly alternatives. Furthermore, ensuring the availability of high-quality, durable, and affordable alternatives is essential to compete effectively.
The Singapore straw market faced significant challenges during the COVID-19 pandemic. The hospitality and foodservice industries, which are major consumers of straws, were severely affected by lockdowns and restrictions. With many restaurants and bars temporarily closing or reducing operations, the demand for straws plummeted. Environmental concerns surrounding single-use plastics also prompted a shift towards alternatives like reusable straws. As a result, the straw market experienced a decline in sales. However, some businesses pivoted to offer eco-friendly alternatives, such as bamboo and stainless steel straws, to cater to changing consumer preferences.
The Singapore Straw market has seen the emergence of several notable players who produce and supply high-quality straws for various applications. Leading companies in this market include EcoStraw Singapore, BioFlex Straws, and GreenWave Straws. These companies focus on eco-friendly and biodegradable straw alternatives to address environmental concerns while meeting the needs of the food and beverage industry.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Straw Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Straw Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Straw Market - Industry Life Cycle |
3.4 Singapore Straw Market - Porter's Five Forces |
3.5 Singapore Straw Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Singapore Straw Market Revenues & Volume Share, By Straw Length, 2021 & 2031F |
3.7 Singapore Straw Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.8 Singapore Straw Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Singapore Straw Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Straw Market Trends |
6 Singapore Straw Market, By Types |
6.1 Singapore Straw Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Singapore Straw Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Singapore Straw Market Revenues & Volume, By Plastic Straws, 2021-2031F |
6.1.4 Singapore Straw Market Revenues & Volume, By Bamboo Straws, 2021-2031F |
6.1.5 Singapore Straw Market Revenues & Volume, By Metal Straws, 2021-2031F |
6.1.6 Singapore Straw Market Revenues & Volume, By Paper Straws, 2021-2031F |
6.1.7 Singapore Straw Market Revenues & Volume, By Glass Straws, 2021-2031F |
6.1.8 Singapore Straw Market Revenues & Volume, By Silicone Straws, 2021-2031F |
6.2 Singapore Straw Market, By Straw Length |
6.2.1 Overview and Analysis |
6.2.2 Singapore Straw Market Revenues & Volume, By <9 cm Straws, 2021-2031F |
6.2.3 Singapore Straw Market Revenues & Volume, By 9-15 cm Straws, 2021-2031F |
6.2.4 Singapore Straw Market Revenues & Volume, By 16-20 cm Straws, 2021-2031F |
6.2.5 Singapore Straw Market Revenues & Volume, By >20 cm Straws, 2021-2031F |
6.3 Singapore Straw Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Singapore Straw Market Revenues & Volume, By Straw Manufacturers, 2021-2031F |
6.3.3 Singapore Straw Market Revenues & Volume, By Straw Distributors, 2021-2031F |
6.3.4 Singapore Straw Market Revenues & Volume, By Straw Retailers, 2021-2031F |
6.3.5 Singapore Straw Market Revenues & Volume, By E-retail of Straws, 2021-2031F |
6.4 Singapore Straw Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Singapore Straw Market Revenues & Volume, By Foodservice, 2021-2031F |
6.4.3 Singapore Straw Market Revenues & Volume, By Institutional, 2021-2031F |
6.4.4 Singapore Straw Market Revenues & Volume, By Households, 2021-2031F |
7 Singapore Straw Market Import-Export Trade Statistics |
7.1 Singapore Straw Market Export to Major Countries |
7.2 Singapore Straw Market Imports from Major Countries |
8 Singapore Straw Market Key Performance Indicators |
9 Singapore Straw Market - Opportunity Assessment |
9.1 Singapore Straw Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Singapore Straw Market Opportunity Assessment, By Straw Length, 2021 & 2031F |
9.3 Singapore Straw Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.4 Singapore Straw Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Singapore Straw Market - Competitive Landscape |
10.1 Singapore Straw Market Revenue Share, By Companies, 2024 |
10.2 Singapore Straw Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |