With the ban on plastic continuing to receive national attention and everyone’s concern, paper bags have become an essential alternative to disposable plastic bags have also become a point of concern, and the demand for paper bags has also continued to increase. Today we briefly discuss the investment in paper bag production and whether there is no profit in this blog.
Is paper bag making the business profitable?
Yes, it is. Paper bag making business is a growing and environmentally friendly industry. Its future is promising.
From the following points to explain.
On the one hand, the demand for paper bags is increasing. Influenced by the ban on plastic and the increase in people’s awareness of environmental protection. The use of disposable plastic bags will inevitably reduce, as an alternative to it, the demand for paper bags increased is the inevitable result. At the same time, paper bags are not as popular as before only in developed countries, prevalent in high-end luxury goods. Now in most countries, there are definite requirements for the prohibition of plastic, companies, and brands also pay more attention to the concept of environmental protection, so the demand for paper bags will still be in an increasing process.
On the other hand, the cost of paper bag machines is declining. With the increasing maturity and innovation of paper bag making machine production technology, the cost of paper bag machines is not as high as before, you can find a lot of strength and competitive price paper bag machine manufacturers in China. The input cost of the machine is also relatively reduced.
Finally, the price of paper bags relative to disposable plastic bags will still be more expensive. The production of paper bags will also be more profitable than disposable plastic bags. So overall, investment in the paper bag production industry is still a profitable industry, and the future will have prospects!
Let’s also take our common square bottom paper bag making machine as an example to analyze the basic inputs and outputs. To help answer the question that is the paper bag business profitable.
From the above chart analysis, it is still profitable to invest in paper bag production. Although the factors considered in this analysis are relatively simple, but from the input of the machine to the sale of paper bags, we can simply analyze that, as long as you choose the right paper bag making machine to do the right products, It is normal to recover the cost of machine input first year. Considering the use life of the paper bag machine, the profit of investing in paper bag making machines to produce paper bags is still relatively substantial.
How to choose the right paper bag making machine?
When you think about investing in the paper bag production industry, it becomes especially important to choose the right paper bag making machine. Because this involves the cost of input, and output, this directly affects whether the investment can be profitable as soon as possible.
Before choosing the right paper bag machine, you first need to obtain or understand the following information.
1. The type of paper bags – what kind of paper bags do you want the paper bag machine can produce? For example, is it a square bottom bag or a V bottom bag? For food packaging or grocery packaging? Is it a regular shopping bag, food packaging bag, or high-end product gift bag?
2. The demand for paper bags – the desired investment in paper bag machines can reach how much production speed? For example, is it fully automatic high-speed or semi-automatic high-speed? Or maybe the regular speed is enough.
3. The size of the paper bag – what is the range of the paper bag machine you want to invest in? For example, what is the length of the paper bag? What is the width of the bag? What is the width of the bottom of the bag?
4. The characteristic of paper bags – what characteristics do you want the paper bags made by the paper bag machine to have? For example, is it with a handle, round or flat? Do you need printing, how many colors are printing? Whether you need to open the window, how specific window?
5. Investment budget – What is the range of cost control of the paper bag machine you want to invest in? For example, 50w? 100? Or more? We can recommend different types of machines for different budgets to produce the same product.
6. Investment scale – want to invest in a single unit or multiple units? For example, multiple generation lines or a single machine
7. Find a good paper bag making machine supplier or manufacturer. Through Google search, Alibaba, Made in China, Global Sources, and other platforms you can find domestic suppliers or foreign suppliers.
Usually, good paper bag making machine suppliers can provide free consulting services.
When you have a certain knowledge of all of the above information, then you can be easy to do further communication and inquiry with paper bag making machine suppliers.
If the above information is not available, do not worry too much, you can also let the manufacturer recommend hot products, in combination with the local market demand to do a survey. This can also be a good choice to choose the preferred and meet the market demand of the paper bag machine.
How to start your paper bag making business?
With the increasing demand for paper bags, More and more companies invest in the production of paper bags. If you want to enter the paper bag production industry successfully and start making profits, we should how to start it.
1. Do market research. In the choice to enter the paper bag production industry, we have to understand the type of paper bags on the market, the price of paper bags, the paper bags consumer market, paper bag sales channels, the demand for paper bags, etc.
2. Do a good job of market positioning. With more complete market research, selected target products, target markets, further analysis of the characteristics of the target product, and the characteristics of the target market. That will be the basis for the production and sales of paper bags later.
3. Choose an address to register or set up a company. If there is not an independent commercial entity before. The establishment of a company is more conducive to the expansion of business later. Choose a suitable site, good planning layout is also more conducive to the installation of equipment and paper bags production
4. Purchase paper bag making machine and some other auxiliary equipment. If you have had good suppliers of this equipment, can start to place your purchase order now. At the same time, you can recruit the relevant personnel, such as experienced technicians or operators, etc.
5. Purchase raw materials for the production of paper bags. For example, whether it is a roll of paper or sheet of paper, whether it needs further pre-processing. Such as, whether it needs to be printed first or slit first, etc.
6. Paper bag making machine and other auxiliary equipment into the factory. Equipment installation and commissioning, then to start production of trial orders.
7. Marketing and promotion of paper bags. Any kind of new product just entered the market needs to go through a period of testing and paving. Proper marketing and promotion are conducive to shortening this time while increasing consumer recognition of our paper bags and improving the market share of the product.
8. Accounting and control of costs. Production of paper bags wants to achieve profitability, on the one hand, to increase sales to improve income, on the other hand, we need to know how to control costs, the main consideration, equipment input costs, paper bag production costs, company operating costs, product marketing costs, labor costs, site costs, etc.
Other Basic knowledge you should know before you start your paper bag business.
In order to gain an in-depth understanding of the paper bag production industry and become an expert in this industry, some basic knowledge below can be shared
1. Basic paper bag types. Square bottom paper bags, V bottom paper bags, etc.
2. Types of raw materials for paper bags. Including kraft paper, coated paper, whiteboard paper, etc.
3. Equipment for producing paper bags. Including paper bag machine, hand-pulling machine, sticker-pulling machine, slitting machine, flexographic printing machine
4. The classification of paper bag machines. Roll-feed paper bag, single-feed paper bag machine; automatic paper bag machine and semi-automatic paper bag machine; square bottom paper bag machine and pointed bottom paper bag machine; food paper bag machine and shopping paper bag machine, etc. More information on the paper bag machine category is welcome to visit www.itsmachinery.com
Conclusion
The paper bag production industry is an environmentally friendly industry and is close to our daily life, Its investment is relatively small, find the right product positioning and do good market analysis, Paper bag making business is easy to profit.