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Asia Pacific Paper Cups Market Set to Attain Valuation of USD 6.76 Billion By 2033 | Astute Analytica [Yahoo! Finance]
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rapid innovation, localized sourcing, and ESG mandates transforming the sector into a scalable, sustainable packaging frontier. Chicago, April 09, 2025 (GLOBE NEWSWIRE) -- According to recent analysis conducted by Astute Analytica, the Asia Pacific paper cups market was valued at US$ 4.75 billion in 2024 and is expected to reach US$ 6.76 billion by 2033, growing at a CAGR of 4.52% during the forecast period 2025–2033. Environmental policy across Asia Pacific is accelerating the transition from plastic to paper-based alternatives. India, for instance, banned 19 categories of single-use plastics (SUPs) in July 2022, affecting an estimated 30,000 tons per year of plastic usage in packaging (Source: Press Information Bureau, India). China, under its "Plastic Ban 2.0" initiative, mandated cities like Beijing, Shanghai, and Shenzhen to reduce plastic consumption in the food service sector by 30% by 2025 (China Briefing). This has prompted a surge in paper cups market size from foodservi
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