Innovation in IoT could shed new light on packaging life cycles
Tervis launches flexible straw lid for 30oz Traveler tumblers. Arglass secures $230m to build glass facility in Georgia. And Amcor GAAP net income declines to $286m in H1 FY24.
GlobalData analysis finds that the tobacco and tobacco products packaging market will decline at a negative compound annual growth rate of under 1% by 2027.
Many of the vital metaverse technologies are already being used or piloted by packaging companies, who have brought together AI, AR, VR, cloud, the IoT, and other technologies to monitor and maintain key assets remotely. The sector could also use immersive metaverse solutions to optimize packaging design and quality control—testing prototypes in a virtual world before bringing them to market.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
At GlobalData we have a proven track record in helping thousands of companies, government organizations, and industry professionals benefit from faster, more informed decisions. You can update your communication preferences to make sure you receive the right information for you.
GlobalData, John Carpenter House | Registered in England No. 03925319, John Carpenter Street, London, EC4Y 0AN, United Kingdom
Comments
Post a Comment