Recykal is helping brands to source recycled raw materials for sustainable and eco-friendly products with the Circularity Marketplace. This sourcing engine connects buyers who require small to large volumes of recycled materials. 

It will enable buyers to source reliable and ethically sourced recycled material from Recykal’s marketplace, which has a network of GST-compliant sellers who can fulfil their demand.

Recykal’s Circularity Marketplace promises to connect recycled materials for the right performance in products and packaging function at targeted dosage. It also intends to help optimise inventory costs and improve production efficiency. 

Flexible minimum order quantities can also be delivered using this marketplace, catering to brands of all sizes. With robust digital tracking systems, brands can trace their product's sources to the origin, ensuring complete traceability. 

The platform provides brands access to diverse options to meet specific product requirements. The categories can be consumer goods packaging, apparel, footwear, furnishing, accessories used for travel, fast fashion, automobiles, toys etc.

Presently, brands lack access to authentic and high-quality post-consumer recycled materials, impeding their ability to meet rising consumer demands for sustainable packaging and products with recycled content, thereby building a reputable and responsible brand image. 

The major problems are lack of access to trusted recycled materials, inconsistent quality and reliability, high costs and complicated procurement processes, and limited transparency and traceability. 

Abhishek Deshpande, co-founder and COO of Recykal said, "At Recykal, we are committed to offering brands a streamlined and efficient way to source sustainable materials and products. Our new Circularity Marketplace provides a centralised platform for brands to easily access trusted recycled materials with complete transparency and traceability. This will enable them to build a more sustainable and responsible brand image while reducing inventory costs and improving production efficiency.”

Circularity Marketplace enables end-to-end digitally traceable transactions between brands and suppliers. Brands that want to introduce their sustainable products and use a recycled packaging range can connect to recyclers, aggregating channels, material suppliers, recycled raw material providers, and packaging producers, etc., at a large scale without compromising on quality and compliance. They can further manufacture products for the environmentally conscious consumer. 

With Circularity Marketplace, companies with requirements for raw materials can ensure supply chain stability with a unified platform to access quality material from trusted and authorised recyclers. Third-party auditing can also be made available for added transparency. The stable supply chain will act as a buffer to supply and demand fluctuations for producers and brands.