The report assesses the historical data and current scenario to offer accurate estimations of the Artificial Intelligence in Packaging Market in the coming years. Furthermore, the report provides a comprehensive analysis of the impact of the COVID-19 crisis on the market. It offers detailed insights into the impact of COVID-19 on the industry at a regional level and industry level. The report also covers the developments and government regulations related to COVID-19. The report further analyzes the current and future impact of COVID-19 on the global market and provides an insight into the post-COVID-19 situation.
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.
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Covid 19 impact analysis:
The report considers COVID-19 as a key contributor of the dynamically altered market scenario. The report covers a comprehensive impact analysis of the global health crisis on the overall growth of the market. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID 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.
Competition in the Artificial Intelligence in Packaging Market
Major Companies and Competitive Landscape
The global Artificial Intelligence in Packaging Market is fairly fragmented with many large and medium-sized players accounting for majority of market revenue. Major companies are deploying various strategies, entering into mergers acquisitions and strategic agreements contracts. Some major players included in the global Artificial Intelligence in Packaging Market report are:
ABB Ltd., SIG, Tetra Pak, PackageX, Inc., Sealed Air, Ardagh Group S.A., Berry Global Inc., Amcor plc, Greyscale AI, and Neurala, Inc.
Objectives of the Report:
Industrial structure analysis of the Artificial Intelligence in Packaging Market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Artificial Intelligence in Packaging Market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Radiofrequency-Based Devices market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
Study of the global Artificial Intelligence in Packaging Market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2023-2032)
Competitive Terrain:
The Global Artificial Intelligence in Packaging Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold. The leading market contenders listed in the report.
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)
- Machine vision
- Machine learning
- 3D printing
- Others
· Application Outlook (Revenue, USD Billion; 2019-2032)
- Data labeling
- Smart warehousing
- Quality inspection
- AI-based recycling systems
Regional Analysis:
The report sheds light on the region expected to dominate the Artificial Intelligence in Packaging Market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Artificial Intelligence in Packaging Market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
Why should you buy this report?
- The study paper dissects the total market potential of major regions with strengths, opportunity and challenge, constraints, and dangers.
- By identifying the high-improvement locations, the study inspects the open entryways, keeping an eye out for accomplices.
- It examines each submarket in terms of a single improvement design and its contribution to the market.
- It examines the recent developments, such as advancements, business strategies, new product releases, and acquisitions.
- It purposefully profiles the major market players and thoroughly investigates their advancement strategies. ]
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