What is Compack:

Compack streamlines the packaging design and manufacturing process (one-stop-shop) by providing brand owners and designers instant packaging design experience based on AI technology. We provide fast turnaround time in manufacturing with zero-order quantity at a global reach – all in a few clicks Compared to months in the conventional process and with a formidable cost saving for the entire process.

What are the challenges?

Packaging design and manufacturing is a process that can take months. With 4-6 months turnaround time, from the design to the shelf.
The entire process is tedious, involving many people with different skills and a complicated production process.
Compack reduces the entire process from months to weeks.

Market trends

E-commerce is growing 40% YOY and each delivery requires some form of packaging. Additionally, the contents of the delivery box require more packages. In parallel, from a sustainable point of view, today, on average each delivery box contains 25% air, and this is a big issue that can easily be addressed when it comes to custom packaging.
E-commerce also creates a demand from the consumers to improve the unboxing experience while especially in the COVID-19 pandemic, people don’t have the thrill of the retail experience.
Also, the number of SKUs at retail stores is growing and the need to change the packaging more often is becoming a necessity.

Compack technology

Compack creates perfect packaging fit for any brand’s demands and provides a range of instant designs based on AI that will fit the specific product and market segment.
The design will provide the following – product protection, improve the brand identity, shorten time to market, and improve sustainability- simultaneously.
After the design is finalized, Compack will manufacture the packaging via a chain of fast turnaround manufacturers, on a global scale.
The entire process will be fast with one point of contact; a simplistic and affordable approach.

Market size

The Packaging Market size is $1T and the growth rate is in parallel to the GDP while the e-commerce packaging growth was 40% between 2019 and 2020

Target market

The target market is small to medium brands that need fast design, fast turnaround with minimum order quantity mostly in the corrugated and folding carton verticals - $40B for design and 350B for manufacturing YoY

Business model

● Packaging design for brands – service fee
● Packaging design studio - subscription
● Manufacturing – commission per order