According to BezeConsulting, the global market size for the Polylactic Acid (PLA) industry was $2.159 billion in 2023, with a compound annual growth rate (CAGR) of 17.85% projected for the period 2023-2028.
The rising global concern over plastic pollution and its impact on the environment has led to a growing demand for sustainable alternatives. Plant-based drinking straws have emerged as a popular eco-f...