Nowadays big brand owners, packaging manufacturers and logistic companies faces losses of €50.0009 million/year worldwide due to goods damages during transportation. Governments across the world are implementing rigorous guidelines to ensure quality of packed goods and safety during their delivery, leverage the global growth of the testing market from €11,1 billion in 2014 to €24,4 billion by the end of 2020 at a CAGR of 14,70%. Packaging testing is an integral part of these initiatives as it simulates the risk damages experienced by the packed goods (boxes, pallets or loads) during their distribution and helps both packaging optimization and goods transport safety. In Europe, the European Commission has established the directive 2014/47/EU for safe shipment of goods. Next year, in 2017, this directive will force all the transport players to ensure the stability and safety of the loads from detrimental movements. In spite of the European concerns, currently in the market there is a lack of accurate and price competitive simulation equipment supporting the European goals
In our Phase 1 proposal we introduced the lack of European technologies supporting EU initiatives to improve safety during transport. With our business we will bring to the transport simulation market the first European tool able to reproduce risk transportation damages: vibrations, drops, impacts, and compression, aiming to improve packed goods. Our integral solution is 30% more price-competitive, with the broadest load range for goods packaging test simulation (from small boxes to 2 Ton loads) and able to reproduce real 3D detrimental movements, thanks to its patented mechanism.
During Phase 1 we have set financial and technical objectives and a detailed plan to bring TranSafeLoad to TRL9. As a third objective we have defined a robust business plan understanding all the gains and costs to commercialize TranSafeLoad successfully.