The advent of industry 4.0 and the expanding trend of industrialization are anticipated to fuel demand for warehouse robotics worldwide. Thus according to FMI, the market will surpass US$ 9.5 billion in 2032.
The integration of technology such as artificial intelligence, machine learning, and robotics is further making the overall last-mile delivery a smooth process and offering deliveries according to the demand of consumers.
As a result of the increased need for enhanced efficiencies at distribution centers as a result of the growth of eCommerce, major corporations are proactively working on delivering automated material handling systems for logistics solutions.
Future Market Insights recently organized a webcast to discuss trends in the intelligent packaging industry, key technologies, and their impact on how Intelligent Packaging helps tackle supply chain challenges.
The packaging industry is on the verge of a major paradigm shift. If we closely analyze emerging technologies, growth trends, and sales projections, we can get a preview of what will packaging industry look like by 2031 and beyond.