10 Profitable Paper Business Ideas, Low Cost Manufacturing, lucrative business ideas.#Lucrative #business #ideas
10+ Profitable Paper Business Ideas | Low Cost Manufacturing
Are you searching for paper business ideas or small business opportunity in paper industry? The paper industry in India is considered as a profitable and conventional industry. The Government of India has relaxed the rules and regulations and also de-licensed the paper industry to encourage investment into this sector. Joint ventures are allowed and some of the joint ventures have also started in India.
Paper Industry in India is moving up with a strong demand and is in expansion mode to meet the projected demand of 20 Million tons by 2020. Thus, paper industry in India is on the growth trajectory and is expected to touch 8.5% GDP in the coming years.
Currently, the industry has seen an increasing demand for household paper items apart from educational demand. These are tissue paper, facial tissues, face wipes, paper towel, paper napkins, paper cup saucers etc. Household paper products are used for maintaining proper hygiene and cleanliness. Health concerns regarding infectious diseases and allergy have been a major factor in the growth of household paper products market.
Here we compiled top 10 most profitable paper business ideas for your ready reference. Any individual with proper planning can initiate this business as small scale also.
List Of 10+ Profitable Paper Business Ideas
#1. Banana Paper Making
Banana paper making is an eco-friendly business in the agro-processing industry. It is an innovative technology and alternate way of manufacturing paper. This technology is used to turn banana waste into usable paper commercially. Read More
#2. Diary Making
Diary making business is seasonal and can be operated as part-time basis. The main important thing in diary making is the diary cover. According to the desired cover, you will need to select the machinery. By installing simple machinery, you can produce diary covers. The internal part of the diary can be outsourced or you can produce of your own.
#3. Envelope Making
Paper envelopes are daily necessity items for household, educational organizations, and offices. The demand is huge and it is ever increasing. With establishing either manual or automatic machine, you can initiate this business as small scale also. Read More
#4. Exercise Book Manufacturing
Exercise book manufacturing process is simple and any individual can initiate this business with comparatively low startup capital.The demand for exercise book as an office and school stationery item is increasing. According to the demand, several different machinery is also available. Read More
#5. File Manufacturing
Files are considered as an essential educational and office stationary item. Generally, it comes with two main different types. Such as flat file with no strap and cover file with strap. With simple machinery, any individual can initiate file manufacturing business as small scale unit.
#6. Hand Made Paper Making
Hand made paper making is a craft idea. The process is simple. Generally, students use these papers to make different project works for the school and for different craft making. Handmade paper can produce certain specialized varieties of paper, for example, watermark, filter paper, and drawing sheets, etc.
#7. Invitation Card Making
Having creative mind any individual can initiate invitation card making business with some simple machinery. The process is very simple and profitability is lucrative in this business. In addition, invitation card industry is booming and demand is increasing day-by-day.
#8. Mini Paper Mill
The mini paper mill is an excellent business and one of the most profitable paper business ideas one can initiate with substantial capital investment. In initiating mini paper mill, you should be careful in selecting the location. The raw material for the paper mill is the forest goods. However, you will need to choose the paper mill location carefully. You must have the space nearby the place where you can procure raw materials easily.
#9. Packaging Box Manufacturing
Any individual can initiate packaging box manufacturing business as small scale basis. Generally, packaging boxes are the item that is an essential item in the packaging system. Any product requires a packaging before going to the market. The demand is huge and it is increasing. Manufacturing process is also simple. Additionally, you can start this business with small capital and less infrastructure.
#10. Paper Bag Making
Paper bag making is one of the most profitable paper business ideas right now. Ban on plastic carry bags creates a huge opportunity for paper bag industry. There is a huge market for all types of paper bags, shopping bags, paper gift bags, brown craft paper and customized gift bags to shopping malls, franchises of companies, and personal showrooms among others. Read More
#11. Paper Cup Making
Paper cup making business is one of the most lucrative small scale manufacturing opportunity in India. The paper cup is a disposable item made out of paper and often lined with plastic to prevent liquid leakage or soaking through the paper. Also, you can produce paper cup from recycled papers. And it is widely available throughout the country. In an economically growing country like India, the demand of paper cup is increasing. Therefore, papaer cup making is a lucrative opportunity for the entrepreneurs. Read More
Nowadays, the household paper products have huge demand. In addition, you can produce tissue paper, facial tissues, paper towels with simple machinery. These are the consumable item. You can initiate the project concentrating one or two allied products. As your business grows, you can make an addition. Household paper product making is one of the most profitable and trending paper business ideas nowadays. Read More
Generally, paper industry offers a wide range of opportunities for the entrepreneurs. However, you must choose a paper business according to the market demand and your investment capacity. We hope, this list of 10+ paper business ideas will help you to start a business in the paper industry.