According to a report published by Global Market Estimates, the global artificial intelligence (AI) in the packaging market is projected to grow at a CAGR value of 55.2% from 2021 to 2026.
The market for AI in the packaging industry is driven by factors such as rising number of large and complex dataset, increasing demand for a contamination-free packaging process, evolving IIoT and automation process, rising need for warehouse automation, and increasing monetary support by public-private ventures for developing smart robots and machines.