Nylon bags are essential packaging items. They are used to package all kinds of products. From food to drugs, electronics to IT equipment, the list is endless.
Nylon bags don’t just fall from the sky, they are manufactured. You need to invest in a nylon bag making machine if you will like to start manufacturing nylons.
How much does a nylon bag making machine cost? We will answer this question and many others that you may have on your mind in this post. Let’s dive straight in.
Prices of Nylon Bag Making Machines in Nigeria
When you check the market, you will discover that there are several kinds of nylon bag making machines. They are classified according to their sizes, functionalities, features, and capacities. As a result, they do not have a specific price.
To come up with a list of prices, we took some time to survey the market. After checking both offline and online sources, we have come up with the list of products and prices below:
- Nigeria best sale nylon bag making machine: N1.6 million – N3.7 million
- Hero plastic carry bags making machine: N1.2 million – N3.2 million
- Trash garbage roll bag making machine de sac poubelle production line: N1.5 million – N4.1 million
- Hero nylon plastic automatic production line bag making machine: N2 million – N3.2 million
- Nylon Polythene Shopping Bags Making Production Machine: N1.4 million – N2 million
- GFQ Automatic Plastic Film Heat Sealing Cold Cutting Bottom Sealing Flat Bag T-Shirt Bag Making Machine: N123,440 – N200,000
- Longhua Machinery 2020 Automatic side-sealing zipper draw tape bag making machine: N2.8 million – N4.9 million
- Automatic plastic nylon bag making machine, polythene bag making machine: N1.6 million – N4.1 million
- HDPE LDPE PE Nylon Biodegradable Carry Poly Nylon Polythene T-Shirt Shopping Plastic Bag Making Machine: N13.1 million – N15 million
- Bopp nylon ziplock disposable polythene bag making machine: N1.3 million – N3.3 million
- PP Plastic Bag Making Machine: N1.9 million – N3.1 million
Note that there is every possibility that the prices may change slightly when you visit the market to purchase yours. This is because of several factors like differences in location and vendor as well as time.
Starting a Nylon Making Business in Nigeria
If you are in the market for a nylon making machine, it is likely because you want to start the business. This business is very profitable because the demand in Nigeria is pretty high and the market isn’t saturated. There are several things that you must do before you start this business. We will discuss some of them in this section.
Understand the idea
When you get a new business idea, you are likely to become overly excited. All you want to do is to begin the business and start making money. Things don’t work that way in real life.
You need to understand your idea properly. To do this, you have to expand the idea on paper as much as you can. You also need to speak to people already in the industry. Decide on the kind of nylons to make as this will influence every other thing you do.
Run a feasibility study
A feasibility study helps you to understand the market. What is the current demand for nylons? Who is the competition? What are your competitors doing? How can you be better than them?
These are some of the questions that you will have to answer. Find out the best methods to run this business. Also, ask questions about the major challenges that you are likely to face and how to overcome them. Finally, check for the best machines as well as where to source raw materials.
Write a detailed business plan
Business plans are very important documents that every business owner should create for their businesses. A business plan tells anyone that cares to read it about the business. It reveals the mission and vision statements of the business, who the owners are, and its products or services. The plan also shows the financial projections of the business and the SWOT analysis.
There are several advantages of writing a detailed business plan. One of them is that it gives a clear picture of how much you need to set up the business. Another is that it helps to raise funds from investors and other financiers. Finally, the plan acts as a road map to help you and your team run and manage the business.
Without money, it is impossible to start and run a nylon making business. This business is quite capital-intensive. After writing your business plan, you should know how much you need to run the business.
There are several ways of raising capital. The most common ones in this part of the world include:
- Personal savings
- Gifts from family members and friends
- Loans from the bank and other financial bodies
- Angel investors
- Government funding
As we mentioned earlier in this post, there are several kinds of nylon making machines out there. You need to figure out which one best suits your purposes. From the semi-automatic machines to the fully automatic nylon making machines.
We suggest that you purchase your machines from a reliable source. Ensure that there is a warranty on the machine you purchase. This is why we don’t suggest that you purchase a fairly-used machine.
Source raw materials
Asides from the machines, another very important aspect you must focus on is sourcing raw materials. Without raw materials, it is impossible to start this business.
Nylons are by-products of the processing of petrochemicals. This means that your best bet on sourcing raw materials is from crude oil refineries. Some of the raw materials that you need include lupine, ecorene, polyethylene, and polythene.
When employing hands to work at your factory, you must take a lot of care. Be sure that those you employ are trustworthy and capable of handling their responsibilities. Also, ensure that they understand customer relations and are competent. Avoid employing people based on sentiment. Doing this could ruin your business.