The global AI In Packaging Market is estimated to be worth USD 1,790.8 million in 2024. The artificial intelligence (AI) in packaging market is expected to reach USD 23,415.2 million by 2034. It is projected to surge at a CAGR of 29.3% in the forecast period 2024 to 2034.
Attributes | Key Insights |
---|---|
Base Value (2023) | USD 1,468.7 million |
Estimated Global AI in Packaging Market Size (2024E) | USD 1,790.8 million |
Projected AI in Packaging Market Value (2034F) | USD 23,415.2 million |
Value-based CAGR (2024 to 2034) | 29.3% |
The AI in the packaging market recorded a CAGR of 8.7% between 2019 and 2023.
The market is projected to surge at a CAGR of 29.3% from 2024 to 2034.
The table presents the expected CAGR for AI in packaging market over several semi-annual periods spanning from 2023 to 2034. In the first half (H1) of the decade from 2023 to 2033, the market is predicted to surge at a CAGR of 28.7%, followed by a slightly higher growth rate of 31.2% in the second half (H2) of the same decade.
Moving into the subsequent period, from H1 2024 to H2 2034, the CAGR is projected to decrease slightly to 29.3% in the first half and surge at 32.3% in the second half.
Particular | Value CAGR |
---|---|
H1 | 28.7% (2023 to 2033) |
H2 | 31.2% (2023 to 2033) |
H1 | 29.3% (2024 to 2034) |
H2 | 32.3% (2024 to 2034) |
The table below shows the estimated growth rates of the leading countries. India, Canada, and Japan are set to record high CAGRs of 39.6%, 32.3%, and 33.8%, respectively, through 2034.
Countries | Value-based CAGR (2024 to 2034) |
---|---|
United States | 25.9% |
Canada | 32.3% |
Brazil | 29.4% |
Mexico | 28.2% |
Germany | 20.1% |
France | 15.7% |
United Kingdom | 18.0% |
China | 31.6% |
India | 39.6% |
Japan | 33.8% |
United Arab Emirates | 29.6% |
South Africa | 31.8% |
Over the forecast period, demand for AI in packaging in China is set to rise at 31.6% CAGR, driven by factors like:
Demand for AI in packaging in India is set to grow at 39.6% CAGR by 2034. The key factors supporting the market growth are:
The AI in packaging market is projected to increase in Japan at a CAGR of 33.8% through 2034. The factors driving the market growth are as follows:
The section below shows the machine learning segment dominating by technology. It is predicted to surge at a CAGR of 30.0% through 2034. Based on application, the quality control and inspection segment is anticipated to generate a dominant share through 2024. The segment is expected to rise at 29.0% CAGR through 2034.
Segment | Value-based CAGR (2024 to 2034) |
---|---|
Machine Learning (Technology) | 30.0% |
Quality Control and Inspection (Application) | 29.0% |
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
Table 01: Global Market Value (US$ million) Analysis, by Technology, 2019H to 2034F
Table 02: Global Market Value (US$ million) Analysis, by Application, 2019H to 2034F
Table 03: Global Market Value (US$ million) Analysis, by End Use, 2019H to 2034F
Table 04: Global Market Value (US$ million) Analysis, by Region, 2019H to 2034F
Table 05: North America Market Value (US$ million) Analysis, by Region, 2019H to 2034F
Table 06: Latin America Market Value (US$ million) Analysis, by Region, 2019H to 2034F
Table 07: East Asia Market Value (US$ million) Analysis, by Region, 2019H to 2034F
Table 08: South Asia and Pacific Market Value (US$ million) Analysis, by Region, 2019H to 2034F
Table 09: Western Europe Market Value (US$ million) Analysis, by Region, 2019H to 2034F
Table 10: Eastern Europe Market Value (US$ million) Analysis, by Region, 2019H to 2034F
Table 11: Middle East and Africa Market Value (US$ million) Analysis, by Region, 2019H to 2034F
Figure 01: Global Market Share Analysis by Technology, 2024E to 2034F
Figure 02: Global Market Y-o-Y Analysis by Technology, 2019H to 2034F
Figure 03: Global Market Attractiveness Analysis by Technology, 2024E to 2034F
Figure 04: Global Market Share Analysis by Application, 2024E to 2034F
Figure 05: Global Market Y-o-Y Analysis by Application, 2019H to 2034F
Figure 06: Global Market Attractiveness Analysis by Application, 2024E to 2034F
Figure 07: Global Market Share Analysis by End Use 2024E to 2034F
Figure 08: Global Market Y-o-Y Analysis by End Use 2019H to 2034F
Figure 09: Global Market Attractiveness Analysis by End Use 2024E to 2034F
Figure 10: Global Market Share Analysis by Region, 2024E to 2034F
Figure 11: Global Market Y-o-Y Analysis by Region, 2019H to 2034F
Figure 12: Global Market Attractiveness Analysis by Region, 2024E to 2034F
Figure 13: North America Market Share Analysis by Technology, 2024E to 2034F
Figure 14: North America Market Y-o-Y Analysis by Technology, 2019H to 2034F
Figure 15: North America Market Attractiveness Analysis by Technology, 2024E to 2034F
Figure 16: North America Market Share Analysis by Application, 2024E to 2034F
Figure 17: North America Market Y-o-Y Analysis by Application, 2019H to 2034F
Figure 18: North America Market Attractiveness Analysis by Application, 2024E to 2034F
Figure 19: North America Market Share Analysis by End Use 2024E to 2034F
Figure 20: North America Market Y-o-Y Analysis by End Use 2019H to 2034F
Figure 21: North America Market Attractiveness Analysis by End Use 2024E to 2034F
Figure 22: North America Market Share Analysis by Country, 2024E to 2034F
Figure 23: North America Market Y-o-Y Analysis by Country, 2019H to 2034F
Figure 24: North America Market Attractiveness Analysis by Country, 2024E to 2034F
Figure 25: Latin America Market Share Analysis by Technology, 2024E to 2034F
Figure 26: Latin America Market Y-o-Y Analysis by Technology, 2019H to 2034F
Figure 26: Latin America Market Attractiveness Analysis by Technology, 2024E to 2034F
Figure 28: Latin America Market Share Analysis by Application, 2024E to 2034F
Figure 29: Latin America Market Y-o-Y Analysis by Application, 2019H to 2034F
Figure 30: Latin America Market Attractiveness Analysis by Application, 2024E to 2034F
Figure 31: Latin America Market Share Analysis by End Use 2024E to 2034F
Figure 32: Latin America Market Y-o-Y Analysis by End Use 2019H to 2034F
Figure 33: Latin America Market Attractiveness Analysis by End Use 2024E to 2034F
Figure 34: Latin America Market Share Analysis by Region, 2024E to 2034F
Figure 35: Latin America Market Y-o-Y Analysis by Region, 2019H to 2034F
Figure 36: Latin America Market Attractiveness Analysis by Region, 2024E to 2034F
Figure 37: East Asia Market Share Analysis by Technology, 2024E to 2034F
Figure 38: East Asia Market Y-o-Y Analysis by Technology, 2019H to 2034F
Figure 39: East Asia Market Attractiveness Analysis by Technology, 2024E to 2034F
Figure 40: East Asia Market Share Analysis by Application, 2024E to 2034F
Figure 41: East Asia Market Y-o-Y Analysis by Application, 2019H to 2034F
Figure 42: East Asia Market Attractiveness Analysis by Application, 2024E to 2034F
Figure 43: East Asia Market Share Analysis by End Use 2024E to 2034F
Figure 44: East Asia Market Y-o-Y Analysis by End Use 2019H to 2034F
Figure 45: East Asia Market Attractiveness Analysis by End Use 2024E to 2034F
Figure 46: East Asia Market Share Analysis by Region, 2024E to 2034F
Figure 47: East Asia Market Y-o-Y Analysis by Region, 2019H to 2034F
Figure 48: East Asia Market Attractiveness Analysis by Region, 2024E to 2034F
Figure 49: South Asia and Pacific Market Share Analysis by Technology, 2024E to 2034F
Figure 50: South Asia and Pacific Market Y-o-Y Analysis by Technology, 2019H to 2034F
Figure 51: South Asia and Pacific Market Attractiveness Analysis by Technology, 2024E to 2034F
Figure 52: South Asia and Pacific Market Share Analysis by Application, 2024E to 2034F
Figure 53: South Asia and Pacific Market Y-o-Y Analysis by Application, 2019H to 2034F
Figure 54: South Asia and Pacific Market Attractiveness Analysis by Application, 2024E to 2034F
Figure 55: South Asia and Pacific Market Share Analysis by End Use 2024E to 2034F
Figure 56: South Asia and Pacific Market Y-o-Y Analysis by End Use 2019H to 2034F
Figure 57: South Asia and Pacific Market Attractiveness Analysis by End Use 2024E to 2034F
Figure 58: South Asia and Pacific Market Share Analysis by Region, 2024E to 2034F
Figure 59: South Asia and Pacific Market Y-o-Y Analysis by Region, 2019H to 2034F
Figure 60: South Asia and Pacific Market Attractiveness Analysis by Region, 2024E to 2034F
Figure 61: Western Europe Market Share Analysis by Technology, 2024E to 2034F
Figure 62: Western Europe Market Y-o-Y Analysis by Technology, 2019H to 2034F
Figure 63: Western Europe Market Attractiveness Analysis by Technology, 2024E to 2034F
Figure 64: Western Europe Market Share Analysis by Application, 2024E to 2034F
Figure 65: Western Europe Market Y-o-Y Analysis by Application, 2019H to 2034F
Figure 66: Western Europe Market Attractiveness Analysis by Application, 2024E to 2034F
Figure 67: Western Europe Market Share Analysis by End Use 2024E to 2034F
Figure 68: Western Europe Market Y-o-Y Analysis by End Use 2019H to 2034F
Figure 69: Western Europe Market Attractiveness Analysis by End Use 2024E to 2034F
Figure 70: Western Europe Market Share Analysis by Region, 2024E to 2034F
Figure 71: Western Europe Market Y-o-Y Analysis by Region, 2019H to 2034F
Figure 72: Western Europe Market Attractiveness Analysis by Region, 2024E to 2034F
Figure 73: Eastern Europe Market Share Analysis by Technology, 2024E to 2034F
Figure 74: Eastern Europe Market Y-o-Y Analysis by Technology, 2019H to 2034F
Figure 75: Eastern Europe Market Attractiveness Analysis by Technology, 2024E to 2034F
Figure 76: Eastern Europe Market Share Analysis by Application, 2024E to 2034F
Figure 77: Eastern Europe Market Y-o-Y Analysis by Application, 2019H to 2034F
Figure 78: Eastern Europe Market Attractiveness Analysis by Application, 2024E to 2034F
Figure 79: Eastern Europe Market Share Analysis by End Use 2024E to 2034F
Figure 80: Eastern Europe Market Y-o-Y Analysis by End Use 2019H to 2034F
Figure 81: Eastern Europe Market Attractiveness Analysis by End Use 2024E to 2034F
Figure 82: Eastern Europe Market Share Analysis by Region, 2024E to 2034F
Figure 83: Eastern Europe Market Y-o-Y Analysis by Region, 2019H to 2034F
Figure 84: Eastern Europe Market Attractiveness Analysis by Region, 2024E to 2034F
Figure 85: Middle East and Africa Market Share Analysis by Technology, 2024E to 2034F
Figure 86: Middle East and Africa Market Y-o-Y Analysis by Technology, 2019H to 2034F
Figure 87: Middle East and Africa Market Attractiveness Analysis by Technology, 2024E to 2034F
Figure 88: Middle East and Africa Market Share Analysis by Application, 2024E to 2034F
Figure 89: Middle East and Africa Market Y-o-Y Analysis by Application, 2019H to 2034F
Figure 90: Middle East and Africa Market Attractiveness Analysis by Application, 2024E to 2034F
Figure 91: Middle East and Africa Market Share Analysis by End Use 2024E to 2034F
Figure 92: Middle East and Africa Market Y-o-Y Analysis by End Use 2019H to 2034F
Figure 93: Middle East and Africa Market Attractiveness Analysis by End Use 2024E to 2034F
Figure 94: Middle East and Africa Market Share Analysis by Region, 2024E to 2034F
Figure 95: Middle East and Africa Market Y-o-Y Analysis by Region, 2019H to 2034F
Figure 96: Middle East and Africa Market Attractiveness Analysis by Region, 2024E to 2034F
The market is set to reach USD 1,790.8 million in 2024.
Demand for AI in packaging is slated to expand at a 29.3% CAGR by 2034.
The market is set to reach USD 23,415.2 million in 2034.
Microsoft Corporation, Amazon Inc., and IBM are the key players.
Machine learning segment is estimated to hold a significant market share in 2024.
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