ShakeDeal has announced the expansion of 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.
ShakeDeal is a B2B e-commerce market place for industrial supplies, office supplies and corporate gifting. With the launch of this vertical, the company is offering exceptional creatives, prototyping and product development, and auctioned based price discovery to their clients.
Akash Hegde, co-founder and 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 company added that 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.
ShakeDeal 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, it added.