The latest Artificial
Intelligence in Packaging Market study, blends in qualitative and quantitative
research techniques to present vital data on the competitive landscape for the
period of 2021 – 2032 .The report is
furnished with the latest updates about the current market scenario with
regards to the COVID-19 pandemic. The report considers COVID-19 as a key
contributor to the dynamically altered market scenario. The report also covers
changing trends and market dynamics due to the pandemic and provides an
accurate impact analysis of the crisis on the overall market.
The global Artificial Intelligence (AI) in packaging market size was USD 2.31 Billion in 2022 and is expected to register a revenue CAGR of 55.7% during the forecast period, according to the latest analysis by Emergen Research. High demand for eco-friendly packaging is one of the key factors driving revenue growth of the AI in packaging market.
Globalization and rise of global trade have increased requirement of warehouses and distribution routes to operate more quickly and smoothly. Rising demand for organic cartons, consumer products, and flexible packaging are some of the primary factors for the packaging sector to use AI. Rising competition among organizations has led to increasing implementation of AI and Machine Learning (ML), for less risky and more effective operations. Intelligent packaging systems are evolving to become cost-effective, and efficient to provide new packaging concepts that preserve the status of the packaged food to deliver information on product quality during transportation and storage. Utilization of AI enables manufacturers to receive alerts in case of tampering or damaged products is further driving revenue growth of the market.
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Some major players in the market includeABB Ltd., SIG, Tetra Pak, PackageX, Inc., Sealed Air, Ardagh Group S.A., Berry Global Inc., Amcor plc, Greyscale AI, and Neurala, Inc.
Elucidating the competitive landscape of the Global Artificial Intelligence in Packaging Market :
Objectives of the Global Artificial Intelligence in Packaging Market Study:
The purpose of the global Artificial Intelligence in Packaging Market research report is to provide substantial information about key segments and the competitive landscape of the Artificial Intelligence in Packaging Market report. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Artificial Intelligence in Packaging Market .
Read full Reports of Artificial Intelligence in Packaging Market @ https://www.emergenresearch.com/industry-report/artificial-intelligence-in-packaging-market
Emergen Research has segmented the global AI in packaging market on the basis of technology, application, industry, and region:
· Technology Outlook (Revenue, USD Billion; 2019-2032)Regional Outlook (Revenue, USD Million; 2018-2028)
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
In North America, the United States is the major market for industrial maintenance coatings due to the presence of a well-established industrial sector and increasing investments in infrastructure development. The market in Canada is also expected to grow due to the expansion of the oil and gas industry.
In Europe, Germany and the United Kingdom are the major markets for industrial maintenance coatings, owing to the presence of a large number of manufacturing industries and increasing demand for high-performance coatings. The market in France is also expected to grow due to the increasing adoption of advanced coating technologies.
In the Asia-Pacific region, China is the largest market for industrial maintenance coatings due to the presence of a large number of manufacturing industries and increasing investments in infrastructure development.
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