The report highlights the current impact of COVID-19 on the Artificial Intelligence in Packaging Market  along with the latest economic scenario and changing dynamics of the market. It analyzes the impact of the pandemic on market growth and remuneration. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Artificial Intelligence in Packaging Market  according to the impact of COVID-19.

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 include ABB 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 :

• The global  Artificial Intelligence in Packaging Market report offers viable insights into the competitive spectrum of the  Artificial Intelligence in Packaging Market business sphere.
• The report systematically profiles the company information of each market player.
• It identifies the estimated industry share, production facilities, development prospects, and geographies served by each market player.
• The study showcases the extensive product portfolios of the prominent market contenders.

Objectives of the Global  Artificial Intelligence in Packaging Market Study:

• An in-depth study of the evolving market sectors and the growth penetration status of the global  Artificial Intelligence in Packaging Market .
• COVID-19 Impact Analysis to highlight the major opportunities and challenges
• Strategic recommendations to help readers formulate lucrative business strategies
• Identification of the emerging players and their tactical approaches to expand market presence
• An extensive study of the product portfolios of the major market players and their regional presence
• A closer look at the strategic initiatives undertaken by the leading companies across this industry, including mergers acquisitions, collaborations, partnerships, and joint ventures

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 .

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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

· Industry Outlook (Revenue, USD Billion; 2019-2032)

• • Food Beverage (FB)
  • Healthcare
  • Cosmetic
  • Consumer electronic
  • Others

 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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