Project Report For Plastic bucket Manufacturing

Introduction 

Project report for Plastic bucket Manufacturing is as follows.

High Density Polythene (HDPE) and Poly-Vinyl Chloride (PVC) thermoplastic materials may be blow moulded into containers of various sizes and forms.

Buckets, mugs, and jerry cans are some of the most often produced goods. Buckets, cans, and mugs are made of PVC, whereas Jerry cans are made of HDPE.

These plastic goods are used for storing and managing water, gasoline, diesel, and other liquids due to their lightweight, flexibility, corrosion resistance, and chemical resistance.

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Plastic bucket have been increasingly popular in recent years due to their ease of use and low cost. Injection moulding is used to manufacture plastic bucket.

PVC and injection moulding grade polypropylene are the primary raw materials used. The amount of raw resources required to make a Mug.

Project Report For Plastic bucket Manufacturing

PVC is produced by several businesses, including PIL, Shriram, Chemplast, and NOCIL. When the projected gas cracker facility in Assam is completed, PVC would be accessible in the region.

The yearly demand for injection moulding grade polypropylene for the production of plastic combs with a capacity of 3,00,000 pieces is expected to be 6 tonnes.

Market potential,

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Market Size
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CAGR

Expenses

Product Cost Breakup

Reveneue Vs Expenses

Market Trend

Plastic combs, mugs, buckets, and containers are considered home necessities. As per the 2001 census, the North Eastern area has a population of 3.90 crore people. Given that a home consists of five people, the total number of households in the region is 78,00,000.

Again, assuming that there is a replacement need for these things by at least 30% of the total number of homes each year, the requirement for these items on this basis equals 23,40,000 numbers.

This may be in addition to the annual increase in demand for these commodities by at least 15% of the total number of households, which stands at 11,70,000. As a result, families in the North Eastern Region require at least 35,10,000 of these products per year.

To address the aforementioned demand, there are around ten similar units in the region, located in Guwahati, Dibrugarh, and Dimapur.

The manufacture of these units is restricted, and the majority of the demand is satisfied by outside sources, with the dominant brands being “Brite” and “Prince.” Plastic combs are available in both standard and pocket sizes. Lily, Brite, Joy, and Dill are the market’s main brands.

As a result, there is room for an additional 10 similar machines, each capable of producing 3 lakh plastic mugs, buckets, and containers, as well as 3 lakh plastic combs.