Global Art Straws Market Overview:
Artstraws are paper straws in multiple diameters and colors that can be used to create art or 3D structures. Every box of art straws comes with two instruction books, one for arts and crafts and one for design and technology. Artstraws are widely used in schools and clubs. It is used in school art and craft classes and to teach basic maths concepts and explore structure and movement Used in children's clubs Artstraws are ideal for group tasks and take-home projects. Artstraws are also very useful for adult therapy
Growth Drivers
- Growth in the Recreational Arts Sector in Emerging Countries
- Rising Focus on Extra-Curricular Activities in School and Educational Institution
Roadblocks
- Fluctuation in the Price of Raw Material
Opportunities
- Growth in the Demand for Innovative and Eco-friendly Products in Emerging Countries
- Increasing Art and Craft Activities in Developing Countries
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Huhtamaki (Finland), Footprint LLC (United Arab Emirates), Hoffmaster Group (Aardvark) (United States), Biopac (United States), Vegware (United Kingdom), TIPI Straws (United Kingdom), Austraw Pty Ltd (United Kingdom), Okstraw (United States), The Blue Straw (United States), PT. Strawland (Indonesia) and Tetra Pak (Switzerland). Additionally, following companies can also be profiled that are part of our coverage like R&M Plastic Products (Canada) and Transcend Packaging (United Kingdom). Analyst at AMA Research see United States Vendors to retain maximum share of Global Art Straws market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Art Straws market. Considering Market by Size, the sub-segment i.e. <7 cm will boost the Art Straws market.
What Can be Explored with the Art Straws Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Art Straws Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Art Straws
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Art Straws market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Art Straws market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Art Straws Manufacturers, Art Straws Distributors/Traders/Wholesalers, Industry Association, Downstream Vendors, End-User and Potential Investors.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.