Do you want to start a ballon manufacturing business? If so, you have landed at the right place. Here in this article, we provide a complete project guide to launching a balloon-making manufacturing unit with costs, legalities, machinery, production process, and much more.
Rubber balloons are thin-gauge rubber products. Generally, you can produce them from a suitable latex compound. It is one of the cheapest of all toys. Hence it is extremely popular in all segments of the population.
Toy balloons have no formal specification. Balloons can come in different colors of the rainbow such as red, orange, yellow, green, blue, purple, etc. The rubber’s elasticity makes the volume adjustable. Balloons filled with air usually hold their size and shape much longer, sometimes for up to a week. They are rapidly used in decoration.
Balloons are great tools for publicity at major events. You can use screen printing processes to print designs and company logos onto the balloons. Therefore, a small-scale balloon manufacturing company has the potential to generate lucrative profits. The manufacturing process is also simple.
Here are the 6 Steps to Start a Balloon Manufacturing Company
1. Why Balloon Manufacturing is Profitable?
Balloons have a strong foothold in the advertising and child toy industry. They come in a great variety of sizes and shapes but are most commonly 10 to 30 centimeters in diameter. Balloons are very popular for all types of occasions among children. However, it is also a popular gift item for youth.
The product has good demand throughout the year. However, you will find more demand at Christmas or Valentine’s day. The overall toy industry is growing globally. It has a stable growth rate of 7% yearly. Therefore, you can expect a good gross profit margin from the product.
Hence, you can initiate a small balloon manufacturing company with a small investment.
2. Create a Business Project Plan
It is essential to write a balloon manufacturing business project plan before actually jumping into the business. Some of the basic chapters to be included in the plan document are the following:
- Vision and Mission
- Industry Details
- Cost of Starting Ballo0n Manufacturing Unit
- Organization Structure
- Products Offered
- Marketing Plan
3. Balloon Manufacturing Business Compliance
In this business, you must obtain different registrations and licenses from different authorities. However, check your state law. Here you will find a list of basic requirements.
- First of all, register your company with ROC. This is mandatory.
- Obtain Trade License from the local authority.
- Apply for Udyog Aadhaar MSME Online Registration
- Get GST Registration.
- Apply for ‘No Objection’ from the Pollution Control Board.
4. Balloon Manufacturing Machinery
Some of the basic machinery required to launch a balloon manufacturing unit are as follows:
- 100-liter capacity De-ammonizing vessel with stirrer & 0.5 HP motor
- 4 Jar Pot Mill with 1 HP Motor
- 3-liter capacity Paddle mixer with 0.5 HP Motor
- Two Nos. of 100 Liter Capacity Dipping vats with covers
- 5x3x4 Electric Hot Air Oven
Finally, you will need to arrange Formers, Testing equipment, weighing balance & tools. In addition, there are some utility requirements. You must arrange for water and electricity for the unit operation. Generally, a 65 sq Meter area is sufficient for the balloon manufacturing.
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5. Cost & Investments
The cost of starting a balloon factory will largely depend on the size, type of machinery purchased, and production output. However, on average to launch a small-scale balloon-making unit investment of around Rs. 10 lacs will be needed. Additionally, you will need a minimum area of 1000 sq. ft floor space.
Read: Best Business Loans for Small Businesses
6. Balloon Manufacturing Process & Raw Materials
First of all, you must blow the air and perform reacting to the latex with formaldehyde. It helps to reduce the Ammonia content of Latex to about 0.1 percent. In this latex casein, you must add Potassium hydroxide, Vulkanox SP, Sulphur, Vulkacit LDA, Zinc Oxide, Colour pigments, etc.
Then, dip the Moulds or formers in this latex compound. Formed balloons are vulcanized is a hot-air-oven. Then you can slupped off the balloons from formers. Finally, you must go for packaging. Balloons are then packed in polyethylene bags manually for sales.
- 60% DRC Natural Rubber latex
- Vulkanex SP
- Potassium hydroxide
- Vulkacit LDA
- Zinc Oxide
- Polythene bags & cartoons
In starting balloon manufacturing, procure the raw materials from a reliable source. Because the quality hugely depends on the quality of raw materials.
Editorial Staff at NextWhatBusiness is a team of Business Consultants having years of experience in small and medium scale businesses.