Ranpak announces three new automated packaging solutions to drive improved productivity

Rhea-AI Summary

Ranpak Holdings Corp (NYSE: PACK) has introduced three new automated packaging solutions that combine automation technology with sustainable paper-based packaging. The new products include:

1. PadPak® Multi-Station™: Available in Europe, it feeds paper cushioning to up to 10 pack stations from a single central converter, improving efficiency and ergonomics.

2. DecisionTower™ with FillPak Trident™: Uses computer vision to measure and dispense precise amounts of void fill, reducing paper usage by up to 35%.

3. Pad'it!™: Automatically places waved paper cushioning pads at the top, bottom, or both positions in boxes, processing up to 15 boxes per minute.

These solutions aim to enhance productivity, quality, and sustainability while improving labor efficiency and ergonomics in packing operations. All systems use 100% recyclable, biodegradable, and renewable paper materials.

Positive

• Introduction of three new automated packaging solutions expanding product portfolio
• PadPak Multi-Station reduces equipment needs by serving up to 10 stations with one converter
• DecisionTower system achieves up to 35% paper reduction through precise measurements
• Pad'it! system can process up to 15 boxes per minute automatically

Negative

• Initial availability of PadPak Multi-Station to European market

Insights

Market Research Analyst

Ranpak's launch of three automated packaging solutions marks a significant strategic advancement in the $28.7 billion global protective packaging market. These innovations directly address critical challenges facing e-commerce and industrial customers: labor costs, operational efficiency and sustainable packaging requirements.

The most compelling aspect is the scalability of the PadPak Multi-Station system, which can service up to 10 packing stations from a single converter. This represents substantial potential for cost reduction and space optimization in warehouse operations. The DecisionTower's computer vision technology, promising up to 35% paper reduction, positions Ranpak at the intersection of automation and sustainability - a key differentiator in the competitive landscape.

For investors, these innovations carry several important implications: 1) Enhanced competitive positioning in the automated packaging solutions market 2) Potential for recurring revenue streams through paper consumables 3) Alignment with increasingly stringent sustainability regulations, particularly in the EU market where the first solution is being launched.

The timing is particularly strategic given the accelerating adoption of automation in logistics and the growing regulatory pressure for sustainable packaging solutions. The focus on paper-based materials also provides a hedge against plastic packaging regulations, while the automation components address persistent labor shortage issues in the logistics sector.

Ranpak announces new additions to its product portfolio which offer an unparalleled combination of automation technology, ergonomic optimization, and sustainable packaging expertise

CONCORD TOWNSHIP, Ohio--(BUSINESS WIRE)-- Ranpak Holdings Corp. (“Ranpak”) (NYSE: PACK), a global leader of sustainable paper-based packaging solutions for e-commerce and industrial supply chains, today announced the introduction of three new products which bring automation and protective paper technology together into integrated solutions. Their comprehensive line of packaging solutions empowers packers to achieve greater productivity, quality, consistency, and sustainability, while also improving labor efficiency and ergonomics within packing operations.

The PadPak® Multi-Station™ is a highly flexible automated solution that allows up to 10 pack stations to be fed by a single central PadPak® paper converter, offering improved productivity and ergonomics to the operation. (Photo: Business Wire)

Now available to customers in Europe, the PadPak® Multi-Station™ delivers a steady stream of paper cushioning to up to ten individual pack stations.

The PadPak® Multi-Station™ combines the best elements of automation and sustainable paper packaging by automatically delivering cushioning pads with exceptional efficiency to the packer, eliminating multiple converters and improving ergonomics. An automated line allows a single central PadPak® paper converter to supply 100% recyclable, biodegradable, and renewable paper pads to up to ten packing stations continuously. The modular and highly customizable solution saves space and boosts productivity by delivering pads directly to the packer, eliminating the need for a separate converter at each packing station. The modularity of the solution enables layouts that adapt to specific packing needs, easily integrating into spaces with unique dimensions.

DecisionTower™ with FillPak Trident™ leverages computer vision to measure and precisely dispense paper void fill.

DecisionTower™ with FillPak Trident™ uses the machine vision capabilities of Ranpak’s DecisionTower™ to measure voids and dispense the perfect amount of fully curbside recyclable paper void fill material through a connected FillPak Trident ™ converter, with the FillPak SL™ also available within the US market. By combining sophisticated vision technology with sustainable paper packaging materials, the packaging process becomes less wasteful, more consistent, and provides a better customer experience during unboxing. Up to 35% paper reduction is possible due to the combination of active void measurement and the use of the unique triangle-shaped paper pads dispensed by the FillPak Trident™ converter, which are engineered to fill space with the minimum required amount of paper materials. The solution automatically adjusts to different box types and void volumes, making it easy to use with limited-to-no operator training. End customers can simply recycle the paper packaging materials they receive without seeing too much or too little protecting their products, increasing satisfaction.

Pad’it!™ automatically applies paper pads to the top, bottom, or both top and bottom of boxes in a packing line

The Pad’it!™ solution automatically inserts a unique, waved paper cushioning pad at the bottom, top, or both top and bottom of a package, providing an additional layer of protection in the box. This fully automated system creates, picks, and places pads, reducing manual labor and requires minimal training to enhance operational productivity. The system can add additional padding to up to 15 boxes per minute, keeping pace with other automation solutions on a line. It also ensures precise pad placement for a uniform, visually appealing package by using a robotic arm and the WrapPak® Protector converter, improving both in-the-box protection and the unboxing experience.

These three solutions from Ranpak represent a synthesis of sustainable packaging expertise built on over 50 years of experience in paper packaging solutions with a dedicated focus on cutting-edge technology and pack station development. Complementing the development of automation solutions with the sustainability, recycling potential, and renewability of paper materials allows businesses to scale their operations with an eye towards their current sustainability performance and regulatory changes. Each of these solutions also contributes to a more ergonomic workplace within the packaging line, automating some of the most repetitive tasks while allowing employees to focus on more complex and strategic operations.

About Ranpak

Founded in 1972, Ranpak's goal was to create the first environmentally responsible system to protect products during shipment. Ranpak’s mission is to deliver sustainable packaging solutions that help improve supply chain performance and costs, reduce environmental impact, and support a variety of growing business needs globally. The development and improvement of materials, systems and total solution concepts have earned Ranpak a reputation as an innovative leader in e-commerce and industrial supply chain solutions. Ranpak is headquartered in Concord Township, Ohio and has approximately 830 employees. Additional information about Ranpak can be found on its website: https://www.ranpak.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250122182397/en/

Contact for Investors:

ir@ranpak.com

Source: Ranpak Holdings Corp.

FAQ

What are the three new automated packaging solutions announced by Ranpak (PACK)?

Ranpak announced PadPak® Multi-Station™, DecisionTower™ with FillPak Trident™, and Pad'it!™ as their new automated packaging solutions.

How much paper reduction can DecisionTower with FillPak Trident achieve for PACK?

The DecisionTower with FillPak Trident system can achieve up to 35% paper reduction through precise void measurement and triangle-shaped paper pads.

What is the processing capacity of Ranpak's new Pad'it! system?

The Pad'it! system can automatically process and add padding to up to 15 boxes per minute.

How many packing stations can the PadPak Multi-Station support?

The PadPak Multi-Station can support up to 10 individual packing stations from a single central PadPak paper converter.

Where is Ranpak's PadPak Multi-Station currently available?

The PadPak Multi-Station is currently available to customers in Europe.