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The latest market study, Artificial Intelligence In Packaging Market blends in qualitative and quantitative research techniques to present vital data on the competitive landscape for the period of 2021 –2030 .This research allows the business owners/individuals/ stakeholders to collect decisive information about market segmentation based on product category, usage and sale volume across the various geographical regions. Business stakeholders can prepare effective expansion plan by using the statistics on market share, size and the growth rate discussed in the report. Unmatched information on past, present and upcoming market trends covered in the study offer lucidity on the future projection of the industry.
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
Key participants include
ABB Ltd., SIG, Tetra Pak, PackageX, Inc., Sealed Air, Ardagh Group S.A., Berry Global Inc., Amcor plc, Greyscale AI, and Neurala, Inc.
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Drivers:
Several factors are driving the adoption of AI in the packaging industry. One of the primary drivers is the increasing demand for efficiency, agility, and sustainability in packaging operations. AI-powered solutions enable packaging manufacturers and brand owners to optimize packaging designs, materials, and processes to minimize waste, reduce costs, and enhance environmental sustainability. Additionally, the proliferation of e-commerce and direct-to-consumer (DTC) channels drives demand for AI-powered packaging solutions that enable personalized packaging, real-time order fulfillment, and last-mile delivery optimization. Moreover, regulatory requirements and consumer expectations regarding product safety, traceability, and authenticity drive adoption of AI technologies for quality control, authentication, and anti-counterfeiting measures in packaging.
Research Methodology
Emergen Research follows a cohesive methodology to reduce the residual errors to a minimum level by refining the scope, validating through primary insights, and nurturing the in-house database on a regular basis. A dynamic model is formulated to capture the regular fluctuations in the market and thereby, being updated with any shifts in the market dynamics. The parameters and variables involved in the research vary depending on individual markets and most importantly, both demand and supply side information is included in the model to identify the market gap.
Key Objectives of the Global Artificial Intelligence In Packaging Market Report:
- An all-inclusive analysis and forecast estimation of the market have been included in this report.
- The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Artificial Intelligence In Packaging Market
- and its leading players.
- The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.
· Technology Outlook (Revenue, USD Billion; 2019-2032)
- Machine vision
- Machine learning
- 3D printing
- Others
· Application Outlook (Revenue, USD Billion; 2019-2032)
- Data labeling
- Smart warehousing
- Quality inspection
- AI-based recycling systems
· Industry Outlook (Revenue, USD Billion; 2019-2032)
- Food & Beverage (F&B)
- Healthcare
- Cosmetic
- Consumer electronic
- Others
- Historical Years: 2017-2018
- Base Year: 2019
- Estimated Year: 2027
- Forecast Years: 2020-2027
- Chapter 1 includes the global Artificial Intelligence In Packaging Market market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 broadly categorizes the Artificial Intelligence In Packaging Market market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapter 3 elaborates on the competitive outlook of the Artificial Intelligence In Packaging Market market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 exhaustively studies the key manufacturers of the Artificial Intelligence In Packaging Market industry, along with their anticipated sales and revenue shares.
- Chapters 5 includes market segmentation based on product type, application range, and market players.