• Reducing single-use plastic bag pollution: Every year, billions of plastic bags are used and discarded, often ending up in landfills or oceans. By investing in our sustainable bag, you're helping to reduce this pollution and protect the environment for future generations.
• Meeting growing demand for sustainable products: As consumers become increasingly aware of the environmental impact of their purchases, demand for sustainable products like our bag is growing. By investing in our product, you're tapping into this growing market and positioning yourself for long-term success.
• Supporting a socially responsible business: Our company is committed to using sustainable materials and practices in all aspects of our business, from product design to manufacturing and distribution. By investing in our company, you're supporting a socially responsible business that's working to make a positive impact on the world.

The market for sustainable products is rapidly growing, with consumers increasingly looking for products that are both functional and eco-friendly. Due to the COVID-19 pandemic, the global Reusable Shopping Bag market size is estimated to be worth USD10 billion in 2022 and is forecast to a readjusted size of USD 13 billion by 2028 with a CAGR of 2.8% during the review period.* The Everless Smartbag has a unique value proposition that combines the functionality of a high-quality multi use bag with advanced sustainable technology.

*www.globenewswire.com

The reusable bag market is highly competitive, but the Everless Smartbag stands out due to its advanced patented folding technology and high-quality design. Other reusable bags are mostly bulky and/or low quality, and few if any, offer the auto folding feature. The Everless Smartbag is the first stylish gadget that turns into a bag that is ready to use anywhere, anytime.

We generate revenue by selling the Everless Smartbag directly to consumers via our e-commerce store and through our partners in the B2B sector. We will also expand our product line and offer custom-branded options for corporate customers. Our goal is to establish Everless Smartbag as the go-to brand for sustainable high-tech bags in the market.

The SmartBag has a singular design and is crafted with a minimal amount of materials, based on the principle of mono-materiality. This refers to the presence of a single (or minimal amount of) material in the composition of the product, to minimise waste and optimise the recycling process.

50% of the SmartBag is made with bioplastic, so no fossil fuels are involved. So the casing and the bag are made from the same material (polyester).

The fabric is made with ultra-performance high tenacity triple ripstop yarn, originally prduced for the extreme sports industry. This allows us to use much thinner fabric than most other bags out there, minimizing material use while maximizing strength and durability.

Our team consists of experienced professionals with backgrounds in product design, marketing, and sustainable manufacturing. We have also received mentorship and guidance from top experts in the tech and sustainability industries.

Our roadmap includes plans to expand our product line with more colors, sizes and design collaborations. Next to that we plan to establish partnerships with major retailers and e-commerce platforms to reach a wider audience.

And as a next big step we are working to launch the SmartBag 2.0: an IOT powered SmartBag that rewards the consumer for sustainable behavior, while providing retail and corporates with impact data that can be used towards carbon offsetting.

We have received very positive feedback from early customers and industry experts. In Q3 of 2022 we sold over 17.000 SmartBags in 76 countries in just 4 weeks. The SmartBag also won the prestigious “best new product in design award” at the NY Now retail show in New York. We plan to share testimonials and case studies here on our website and social media channels to demonstrate the value and appeal of the Everless Smartbag.