The Vivado IP packager lets you create plug-and-play IP to add to the extensible Vivado IP catalog. The IP packager wizard, is based on the IEEE Standard for IP-XACT (IEEE Std 1685), Standard Structure for Packaging, Integrating, and Reusing IP within Tool Flows.
After you have assembled a Vivado Design Suite user design, the IP packager lets you turn your design into a reusable IP module that you can add to the Vivado IP catalog, and that others can use for design work. You can use packaged IP within a Project or Non-Project-based design. See the following documents for more information: