According to Future Market Insights (FMI), the global AI in packaging market is estimated to be worth USD 1,790.8 million in 2024. The market is expected to reach USD 23,415.2 million by 2034. It is projected to surge at a CAGR of 29.3% from 2024 to 2034.
AI is rapidly developing in packaging design, utilizing algorithms to analyze product specifications, industry trends, and consumer preferences. This technology is set to create aesthetically pleasing, practical, and economical packaging designs. AI also optimizes structural integrity and predicts consumer reactions to different packaging styles using machine learning techniques.
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AI plays a crucial role in the packaging industry’s quality control procedures, enabling faster and more accurate examination of products and materials, identifying flaws, ensuring legal compliance, and reducing waste. AI automates inspection duties, reducing the need for physical intervention and maintaining high product quality standards.
The packaging market is adopting AI technology for innovation, efficiency, and sustainability, offering companies opportunities for expansion and competitiveness. Machine learning, computer vision, and data analytics are being used to enhance packaging design, manufacturing, and distribution. As AI continues to develop, its influence on the packaging sector is expected to grow.
Key Takeaways from AI in the Packaging Market
- The market is projected to surge at a CAGR of 29.3% from 2024 to 2034.
- Based on capacity, the quality control and inspection segment is expected to rise at 29.0% CAGR by 2034.
- Demand for AI in packaging in China is set to grow at 31.6% CAGR by 2034.
- The AI in packaging market is projected to increase in Japan at a CAGR of 33.8% through 2034.
- India is expected to rise at a CAGR of 39.6% during the forecast period.
Unpacking Innovation: Key Drivers Shaping the AI in Packaging Market
- Growing Demand for Smart Packaging Solutions
Companies are increasingly adopting smart packaging enabled by AI to enhance product tracking, improve shelf life monitoring, and provide real-time insights into packaging performance. - Focus on Sustainability
AI-driven solutions are helping manufacturers optimize material usage, reduce waste, and design eco-friendly packaging, addressing consumer and regulatory demands for sustainable practices. - Increasing Adoption of Automation in Manufacturing
AI-powered automation streamlines packaging processes, such as quality inspection, defect detection, and supply chain optimization, leading to higher efficiency and cost savings. - Rising E-commerce and Customization Needs
The booming e-commerce sector demands innovative, AI-driven packaging solutions that ensure product safety, minimize damages, and cater to personalized packaging designs. - Enhancements in Consumer Experience
AI technologies like augmented reality (AR) and image recognition in packaging create interactive experiences, boosting customer engagement and brand loyalty.
Competitive Landscape
Key AI solution providers in the packaging industry include Amazon Inc., IBM, Microsoft Corporation, GE Digital, Open AI, Midjourney Inc., Canva, Adobe, ABB Group, Cognex Corporation, and others. Leading companies actively invest in research and development to enhance their AI capabilities and offer innovative packaging solutions.
For instance,
- In November 2021, ABB Robotics partnered with Zume to reduce their reliance on single-use plastics in their global continuous packaging production.
- In October 2021, Schneider Electric Canada and OptiMach partnered to expand operational duties and provide customers with robotic and autonomous solutions.
Key AI Developers
- Amazon Inc.
- Microsoft Corporation
- GE Digital
- Open AI
- Midjourney Inc.
- Canva
- Adobe Inc.
- ABB Group
- IBM Corporation
- Cognex Corporation
Key Packaging Manufacturers
- Tetra Pak Group
- Stora Enso OyJ
- Greif Inc.
- Ardagh Group
- Sealed Air Corporation
- Berry Global
- OJI Holdings Corporation
- Avery Dennison Corp.
- Gerreshiemer AG
- Georgia Pacific
- Sonoco
- Amcor Plc
Global AI in Packaging Market Segmentation by Category
By Technology:
- Machine Learning
- Computer Vision
- Natural Language Processing
- Predictive Analysis
- Others
By Application:
- Quality Control and Inspection
- Packaging Design and Customization
- Supply Chain Optimization
- Smart Packaging
By End-use:
- Food and Beverage
- Healthcare
- Personal Care & Cosmetics
- Other Industrial
- Consumer Goods
- E-commerce
By Region:
- North America
- Latin America
- East Asia
- South Asia and Pacific
- Western Europe
- Eastern Europe
- Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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