Nylon pre-opened bags are commonly used in various industries for product packaging purposes. These bags are pre-opened for convenient and efficient packaging processes, reducing the time and effort required for opening the bags manually. Nylon material offers excellent moisture resistance, durability, and clarity, making it an ideal choice for packaging applications. These bags are widely used in industries such as food and beverages, pharmaceuticals, electronics, and retail.
The nylon pre-opened bags market is expected to witness significant growth during the forecast period. The increasing demand for convenient and efficient packaging solutions, along with the growing e-commerce industry, is driving the market growth. Additionally, the rising awareness about environmental sustainability and the preference for eco-friendly packaging materials are further propelling the demand for nylon pre-opened bags, as nylon is a recyclable material.
Customization options are also gaining popularity as businesses seek unique and branded packaging solutions. Additionally, the market is witnessing a shift towards sustainable packaging, with the introduction of biodegradable nylon pre-opened bags.
Both Word and PDF files included.
Plan is to produce 36,000 bundles of nylon yearly. 1 bundle contains 10 packets, and a packet contains 100 pieces of nylon.
Contents
1. EXECUTIVE SUMMARY . 4
1.1 Business Concept …. 4
1.2 Mission Statement .. 4
1.3 Objectives .. 4
1.4 Keys to Success .. 5
1.5 Financial Summary 5
Start-up Expenses Year 1 (Starting Balance Sheet) …6
2. Business Description…. 8
Business Name and Structure … 8
Business Location….. 8
Products and Services .. 8
Market Overview 8
Industry Analysis 8
Competitive Landscape …. 8
3. INTRODUCTION TO NYLON Shopping BAGS 9
4. MARKET ANALYSIS ….. 11
Market Potential …..11
Local Market (Nigerian Market) .11
Key Players in the Industry ….. 12
5. Marketing Plan . 13
Product Positioning …..13
Pricing Strategy .13
Sales Strategy 13
Sales Projections …..13
Sales Forecast Year 1-3 . 13
6. TECHNICAL ANALYSIS 14
Description of the Project….14
Production Technology ..14
Employment …14
Production Process Flow …..15
Stage 1 … 15
Stage 2 … 16
Installed and Operational Capacities ….16
Project Components ….16
Land /Civil Work . 16
Plant & Machinery …. 16
Misc. Assets 18
License & Approvals . 18
Raw Materials ….18
Suppliers ….19
7. PROJECT COST SUMMARY … 20
Project Financing ….20
Project Cost ….20
Space Requirement21
Machinery & Equipment Requirement 21
Furniture & Fixtures Requirement ..21
Office Equipment Requirement … 21
Office Vehicles Requirement … 22
Human Resource Requirement …22
Utilities and other costs .23
Revenue Generation ….23
8. CONTACT DETAILS 24
Machinery Suppliers …24
Raw Material Suppliers ..24
List of raw material suppliers (Local and International) 24
9. KEY ASSUMPTIONS and projections . 26
Operating Cost Assumptions …26
Production Cost Assumptions ..26
Revenue Assumptions …26
Income Statement Years 1-3 ….27
Cash Flow Forecast Years 1-3 .28
Balance Sheet Years 1-3 .29
Breakeven Analysis Year 1 .30
