New Delhi | 25th November 2019: ShakeDeal, one of India’s largest B2B e-commerce market place for Industrial supplies, Office supplies and Corporate Gifting is now expanding its business operations by launching its own Design and Packaging vertical. This development is in line with their vision to be a one stop shop solution provider for all indirect business requirements and supplies. With the launch of this vertical, the company is offering exceptional creatives, prototyping and product development, and auctioned based price discovery to their clients.
Commenting on the launch of SHAKEDEAL’S Design and Packaging vertical, Mr. Akash Hegde, Co-founder & MD said, “We have launched our Design and Packaging vertical after much deliberation and interactions with our clients. High quality printing and packaging requirements are a significant part of the indirect spend of many consumer goods companies, but the procurement spend in these categories is often under optimized. Print and packaging requirements are generally of repetitive nature and offer us an opportunity to grow along with our clients. We aim to be a one stop destination for all printing and packaging needs by providing high quality, economical, and sustainable packaging solutions, thereby helping our clients save time and money and deliver their products intact and undamaged.”
The Printing and Packaging industry in India plays a crucial role in the consumer goods market. According to CII, India is expected to become the fifth largest consumer market in the world by 2025 and hence there will be a constant demand in the print and packaging spectrum. Due to urbanization and change in lifestyle along with the dominance of e-commerce market, the growth for print and packaging industry has been extraordinary. When it comes to the Indian economy, the packaging is the fifth largest and one of the fastest growing sectors. As per the data of the All India Federation of Master printers (AIFMP), packaged printing industry is growing at an annual rate of 17 per cent, commercial printing at an annual rate of around 10 per cent and digital printing at a robust growth rate of 30 per cent. Businesses often look out to outsource their printing and packaging requirements and this is where platforms like SHAKEDEAL come into play.
In a short span of three years, ShakeDeal has delivered on an aggressive growth strategy. It has registered 600% year-on-year growth and is catering to 4,000 small, medium and large enterprises on a monthly basis with an inventory of over 40+ product categories and over 3 lakh+ products to choose from.
