Packaging industry in India is expected to register a CAGR of approximately 26.7% during the period 2021-2026. Owing to the rising population, changing lifestyles, increased media penetration through the internet, television and growing economy, the demand for packaging is increasing.
According to the Indian Institute of Packaging (IIP), the packaging consumption in India has increased by 200% in the past decade, rising from 4.3 KG per person per annum (pppa) to 8.6 KG pppa. However, with growing awareness of environmental degradation, there are concerns pertaining to sustainable and eco-friendly packaging.
Pack8 is a company which has successfully transformed itself from a packaging supply company to a protective packaging product company. The company has triumphantly eliminated about 250 tonnes of single use plastic from market, resulting in direct impact on environment, customer experience and its corporate image. Pack8 offers cost effective, timely and quality products that are better, efficient and easy to use. “Consumable products are spinning the wheel in packaging industry which motivates packaging manufacturers to start with production line immediately,” says Praveen Shinde, Founder & CEO.
Sustainable Packaging
The company doesn’t just sell packaging products, but also solves perennial packaging problems, keeping people and planet in mind. Pack8 has reduced use of plastic and paper waste significantly. The company has removed 90 tons of single use plastic from eco-system so far and shall eliminate 200 tons of single use plastic in FY2021. Established in 2016, Pack8 also offer their customers training and enable them to pick, pack and ship their products. Pack8 has also offered consulting to some of the large retail outlets to turn their business omni-channel.
Pack8 ensures that right system, people and processes are made available to companies to enable their warehouses business ready. By far they have been one of the largest manufacturers of Hexcush in India. Pack8 can manufacture around 200 tonnes of packaging material per month and have around 80 tonnes of capacity reserved for export orders. Hexcush is one of their main products which has been widely appreciated by the industry. This product replaces single use plastic bubble and offer customers an alternative to make eco-friendly packaging. Hexcush helps customers to save space and eliminate other packaging material such as Bopp tapes.
The company has removed 90 tons of single use plastic from eco-system so far and shall eliminate 200 tons of single use plastic in fy2021
It also helps customers improve productivity in their packaging. It is one of the significant changes that are happening today in protective packaging segment of India. Another product which has fetched them a huge customer base in the market is Fill8. Fill8 is known to eliminate plastic dunnage (air pillows) that are used to fill the void remained in the box. Fill8 in large context has done extremely well and has stood as a right replacement for plastic in void fill area. The solutions provided by Pack8 have been adapted by more than 100 corporate companies across e-commerce, retail and logistics segment.
The company has helped the brands like Nykaa, Pureplay and Shoppers Stop in significantly lowering their usage of plastic and achieved targets for paper and plastic recycle. Customers have exceptionally multiplied their efficiency of packaging by adapting the solutions provided by Pack8. Application based protective packaging solutions enable the customers and brands to upgrade their established shipping processes. Pack8 is looking forward to disrupt protective packaging in many other industries like automobile, ceramics, glass and hardware segment.
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