It’s all about creativity that brings an urge to fabricate something unique and bring out an extraordinary product with the ordinary raw material. This thought has brought paper bag production in being. Also, the scope of this business is increasing at the rate of knots because of government plans to ban plastic bags and promote eco-friendly products. This drive has marked the market size of paper bags up to 100 million and is expected to augment more. So, why not crave up your career in paper bag manufacturing? Below mentioned are steps to guide you with the same:
• Start with finalizing location – Location is an essential aspect of any business so decide it after analyzing all the parameters like availability of water, transportation, labor, electricity and market accessibility.
• Do gather some market research – A market research is must as it will give you an idea of what exactly is needed for and from your venture? Furthermore, you can get a better insight of your probable customers, competitors, pros and cons of business, process analysis, manpower analysis, market size, demography and risk factor.
• Frame a business plan – A well-performed market research will help you in framing a smart business plan. Your business plan should comprise of details about your target prospects, how much capital is needed and from where to generate it? Confirm the legal aspects of your city that whether plastic bags are totally banned there or are still in plans only.
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Study the production process - Steps are simple yet technical, therefore, concentration is a must.
Paper carry bags production depends on the weight and the volume of the products to be generated. Paper bags for clothes are manufactured with high quality material as compared to that made for carrying medicines or other light weighted small materials. Diverse varieties of papers with varying GSMs and their bursting strength are needed for manufacturing paper bags. Different raw materials are paper roll, printing ink for printing designs, strings and gum.
Production steps are as below:
1. Automatic paper bag machine cuts the paper as required in the appropriate size.
2. Pressing machine presses the side of the paper with gum to glue it tightly.
3. Printer prints the design, pattern or logos as required.
4. Punching machine punches the papers for making holes for strings.
5. Lace fitting machine attaches the strings or lace automatically into the punched hole.
In this way, a paper bag is manufactured automatically by folding the papers, pasting it and clipping it. You can opt for a semi-automatic machine too if your pocket doesn’t permit you for fully automatic one however, a nominal difference can slash down your labor charge a lot. With a fully automatic manufacturing unit with maximum of 4 to 5 skilled manpower that includes technician and loaders.
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Calculate your earnings – Manufacturing cost of a 450 (18cm*25cm) sq. cm paper bag is Rs. 3.40 including labor and electricity cost and market value of the same is Rs. 3.50. Thus single paper bag makes a difference of 10 paisa from its manufacturing to its selling. However, if the production rate is 100 piece per minute then the calculated profit will be 100*.10 = Rs. 10/minute. Profit per hour rises to 10*60 = Rs. 600 and a day up to 600*8 (hours of working a day) = Rs. 4800. Now to see the bigger picture of
paper bags wholesale profit in a month, it comes out to be 4800*26 (working days) = Rs. 124800. It’s nothing less than a Wow!!!! Figure. Moreover, production capacity of every machine varies accordingly, yet will not differ much.
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How to promote? – You can use social media or register your business at some PAN India level website to sell out your
paper bags online. You can also contact paper bag dealers and sell your products directly.
Never forget that a simple step with unique thought behind it, can give you a glorifying success.