Executive Summary
The nylon bag production industry in Nigeria presents a lucrative opportunity due to increasing demand for packaging materials driven by the growth of retail, food, and e-commerce sectors. This business plan outlines the establishment of a nylon bag production business to meet the growing need for affordable and durable packaging solutions in Nigeria. The project targets wholesalers, retailers, and businesses in various sectors.
Business Objectives:
Provide high-quality and affordable nylon bag products to the Nigerian market.
Establish a sustainable production process to reduce waste and maximize efficiency.
Capture a market share of 10% within the first three years of operation.
Achieve a 25% return on investment (ROI) annually within the first five years.
Industry Analysis
The nylon bag industry in Nigeria is expanding, with demand driven by the retail, agricultural, and industrial sectors. Despite the presence of established manufacturers, the market still experiences supply gaps due to the high cost of imports and limited local production capacity. This business aims to bridge this gap by offering locally-produced, high-quality products at competitive prices.
Market Analysis
Target Market:
Retailers in urban and semi-urban areas.
Food and beverage manufacturers.
Agricultural producers and processors.
E-commerce businesses requiring durable packaging materials.
Market Size:
The nylon bag market in Nigeria is estimated to exceed ₦200 billion annually, with opportunities for growth as retail and e-commerce sectors expand.
Competitor Analysis:
Key competitors include imported nylon bags and local manufacturers. However, there are opportunities to differentiate through affordability, quality, and consistent supply.
Business Model
Production Facility:
Location: Strategically located in an industrial area with access to raw materials and good transportation links.
Initial Production Capacity: 5 tons of nylon bags per day, scalable based on demand.
Revenue Streams:
Direct sales to wholesalers and retailers.
Bulk supply contracts to businesses and agricultural producers.
Branded and unbranded nylon bag lines.
Cost Structure:
Fixed Costs: Land acquisition, machinery, and factory setup.
Variable Costs: Raw materials, energy, and labor.
Operations Plan
Facility Setup:
Procurement and installation of nylon bag production machinery.
Setting up a recycling system to utilize waste materials.
Nylon Bag Production business is one of many very lucrative business ventures that anyone can do here in Nigeria and make good money.
Our Nylon and Polythene bag production business plan in Nigeria will help you with all the necessary information needed to start a lucrative nylon and polythene bag production Business in Nigeria.
As you already know Nylon and polythene bags is one product that’s always in demand on daily basics and and tapping into this business is sure to yield huge success if you follow every step that will will reveal in our nylon and polythene bag production business plan in Nigeria.
This is one thing you must consider when going into manufacturing business, “the rate of demand”. For nylon bag its very high.
In our homes, we use nylon bags for different purposes like waste disposal, bagging etc. manufacturing businesses use it for wrapping and packaging their products, laundry operators also use nylon bags for packaging, some are also use as fancy bags, tarpaulin to protect cars from the sun etc. The use of nylon and polythene bags is endless and that is the reason the demand for the product is high which makes it a very profitable business in Nigeria.
Starting a nylon bag business is not difficult at all whether as a small scale or large scale level. The machines are not too expensive to buy and the raw materials you can get locally.
One important thing you must note is that there are two different types of nylons, the low density and the high density nylons. Small packaging companies always prefer the low density nylons for wrapping, sealing and packaging their products while industrial and commercial establishment prefer using high density nylons because they are stronger and more durable than the low density nylons.
Table of Content for Nylon & Polythene Bag Business Plan in Nigeria
Executive Summary
Introduction
Business Description
Products and services
Competitive Advantage
Market Research
Competitor Analysis
Sales and Marketing Plan
Operational Plan
Business Risk
Management and Structure
Financial Plan and Projections
Our Feasibility study on Nylon and polythene bag Production Business Plan in Nigeria has been well written for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. Nylon Production Business Plan is a lucrative business that needs a lot of strategic Planning.
GET YOUR NYLON BAG BUSINESS PLAN / FEASIBILITY REPORT. Call us On 07036785443 or To place an order, pay N15,000 to
GTBank (Guaranty Trust Bank)
Account Name – Uwadia Eyemeka
Account No – 0127561472
OR
OPAY
Account Name – Eyemeka Uwadia
Account No. – 7036785443
The Production Process
The processes involved in the production of polythene bags are actually cumbersome According to polybags.com, nylon pallets are melted down under a controlled temperatures as to ensure that they become molten and pliable. They are then pressed through a circular die gap to form a continuous tube of plastic. Polythene bags are made by sealing and cutting rolls of film. Rolls of tubing or sheeting are fed through a machine that draws materials out to the proper length.
How to Start a Nylon & Polythene Bag Production Business in Nigeria
Get Trained / Experience
The first thing you need is a good and up-to-date nylon & polythene bag production business plan. Having a business plan and a good feasibility study is one way to succeed in any business.
The start up costs, equipment you need, the best location for the business and the management structure of the business is contained in the business plan so it is very important.
Its always very important to get the necessary knowledge prior to launching an business which required production. Like the saying goes if you fail to plan, you are inadvertently planing to fail. You can gain the necessary experience and these can be gathered by working with a nylon plant operator or perhaps by attending seminars and workshops. These are one of the numerous avenues by which you can gain knowledge necessary to start a nylon bag business in Nigeria.
Trust me you need both skill and experience to succeed in any business you might want to venture into in Nigeria.
Nylon Bag & Polythene Production Feasibility Study
Our feasibility study on nylon production business in Nigeria shows that there are actually not much nylon producer in Nigeria, but the reason why scarcity is hardly felt in this product is due to the fact that the process of nylon and polythene bad production is carried out by an automated machine.
There’s a rising demand for nylons and polythene bags and just a hand full of entrepreneurs are meeting that need with the aid of their sophisticated machine.
Getting a Feasibility study business plan for nylon production is very important and Our Business Plan has been well researched to give you full insight and market survey. Not doing that is like checking the depth of an ocean with both feet. Through your feasibility study, you get to understand more about your competitors, find the right place to set up the business, determine prices and understand consumer interests and how to approach for optimum success.
The amount of money you need to start this business depends on the scale. The equipment needed for sealing and cutting come in different types and sizes and capacity. They are locally manufactured equipment and also highly sophisticated ones so like i said it depends on whether you want to start a large scale or small scale nylon production business.
Register The Polythene Bag / Nylon Production Business
Nylon production business is a big time venture and as such ought to be registered with the Corporate Affairs Commission. To make your polythene production business more legit and to avoiding any unforeseen issue from the government, then it would be wise to register your business. Registration shouldn’t be difficult as the Corporate Affairs Commission have branches scattered across the states.
This is the way to make your business legal in Nigeria. The Corporate Affairs Commission, CAC, is in every state in the country so locate one and register your business, all you need to do is pay your registration fee and and you are good to go.
Capital
This is an important part of business. The amount of capital you have will determine how big the business will be. It doesn’t matter if you start small, with time you can grow that small scale business into large scale business all you need is knowledge.
Ways you can Get Capital for the Nylon Bag Production Business
Personal savings
You can use your personal saving to start this business. Which is good but before you do, ensure you have all the information you need to run the business successfully.
Bank Loan
The Federal Government of Nigeria has mandated all the commercial banks in the country to give out loans to the public. There are some requirements that you will to have before the bank can give you a loan. One of such requirements is a business plan.
Investors
Investors are a group of people or someone who want to put money in your business and share in the profit of that business. You can share you business. An investor before investing into the business will most likely ask for a business plan. No one wants to throw money into something they are not sure of. This is why getting a comprehensive business will help your secure investors that will share in your dreams and aspirations.
Grants
There are several foundations in Nigeria nowadays that are giving out grants to the entrepreneurs. There are several of them. Example of such is the Tony Elumelu Entrepreneurship Programme (TEEP), Bank of Industry, just to mention a few. To apply for any of this grant, a business plan is required.
Production Site
For this business you will need a specific location. The production site must not be a very big place but big enough to contain your machines and your products. This production site should be in an accessible location because that will help your business a lot.
The importance of LOCATION can not be overemphasized. You need to be closer to your target market, this is very crucial because closeness means accessibility which also means low transportation costs.
For small scale nylon production, you can get the semi-automatic nylon cutting machine, this can be manufactured locally but for efficiency it is better you get the full automatic machine.
Materials and Machine Needed Nylon Production in Nigeria
Land, Extruder Blowing machine, Nylon cutting machine, punching machine, sealing machine, etc. Competitor Analysis for Nylon Production Business
People buy from us because of the following reasons:
State-of-the-art machines.
Unique and well packaged products.
Efficient production system.
Fair and best possible prices and discount offers
Equipment For The Nylon Bag Production Business
If you want to engage in small scale production, what is required is the semi-automatic nylon-cutting machine with punching blades and these can be manufactured locally. However if you can afford it, it is advisable to go for a fully-automatic machine, as this is much more efficient.
Basically, there are three types of machinery used in the manufacturing of nylon bags and they include, the extruder blowing machine, nylon cutting machine and punching machine.
• The extruder blowing machine is the basic equipment needed in nylon manufacturing. The machine changes the raw material into sludge liquid and then polythene sheets. The sheets can be produced into varied thickness depending on the manufacturers target market and consumer interests.
• The cutting machine as the name implies is used for cutting the long nylon sheet into smaller units.
Our sample Nylon & Polythene bag Production Business Plan in Nigeria can be used to access bank loans, proposal writing and grant applications. The business plan was complied after a thorough feasibility study on nylon and polythene bag production Business in Nigeria was done.
Get Your Nylon Bag Business Plan in Nigeria / Feasibility Report. To place an order, pay N15,000 to
GTBank (Guaranty Trust Bank)
Account Name – Uwadia Eyemeka
Account No – 0127561472
OR
OPAY
Account Name – Eyemeka Uwadia
Account No. – 7036785443
After payment text your name and e-mail address to 07036785443 and you’ll receive your NYLON / POLYTHENE BAG PRODUCTION BUSINESS PLAN / FEASIBILITY STUDY PROPOSAL.
Our Feasibility study on Nylon Production Business Plan in Nigeria has been well written for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. Nylon Production Business Plan is a lucrative business that needs a lot of strategic Planning.