polythene shopping bag production in Nigeria; The Business Plan

PRLog (Press Release) - Oct. 14, 2011 - As the world is going corporate, the need for packaging is increasing every day. Packaging improves image and branding of a product, hence the need for shopping bags. Almost every business uses shopping bags these days ranging from supermarkets, eateries, banks (cash bags), boutique, and bookshop to road side shops thereby creating large demand for the product.

The supply gap situation in the country has created a market gap estimated at N 2.7 Billion annually in revenue.

These opportunities for the recycling of waste plastic into useful product only exist in Lagos state but also in other major cities across the country where large quantity of plastic materials are used especially pure water sachets.

The demand for polythene shopping bags has been identified to continue to expand as the standard of living of the over 140 million population growing at the rate of 5.7% per annum continues to grow.

Polythene shopping bags are used in the packaging of different product and are produced from virgin materials or reprocessed materials.

The output is not subject to expiry timelines and requires virgin material or plastic waste material, installed machines and labour that are available in abundance for production.
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Report Title: POLYTHENE SHOPPING BAG PRODUCTION IN NIGERIA
Product Code: FORA/08/2011/20

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