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A small-scale nail polish making is a profitable business. The manufacturing process is simple and raw materials are available locally throughout the country. The object of crafting this article is to provide every possible detail on how to start nail polish manufacturing business.
Nowadays, nail polish is a very common beauty and cosmetic item. Generally, the price of the product varies from Rupees 50 to 1000 in our country. However, you can find more costly brands in the market. Almost every age group of women use this item regularly.
Any individual can start this business as a small, medium or on a large-scale basis. However, the product demands a strategic marketing planning and sales promotion activity.
Nail Polish Market Potential
The product has the increasing demand in both urban and rural areas. Additionally, Indian women are becoming financially independent in urban centers and joining the corporate world. And they are increasingly using the item for their daily easy solution and beauty needs.
As more women in India are expected to join the workforce, this is expected to result in increased image awareness. With the rise in the number of working women set to result in higher financial freedom and greater expenditure on various beauty and personal care products that help to enhance looks. Additionally, you will find a lot of international brand in the Indian market. Therefore, starting a nail polish making business is a lucrative project for the entrepreneurs.
Different Types Of Nail Polish
There are different types of nail polishes on the market. All the nail polishes come with different formula with different raw materials. However, the basic formula and manufacturing process is the same.
According to the finishes, there is a wide range of nail polishes. The list includes Matte, Sheer, Pearl, Metallic, Glitter etc. There are also quick drying, base coat, and top coat nail polishes. Base coat prevents our nails from discoloration caused due to repeated use of dark colors. And the top coat adds shine and prevents nail polish from chipping and fading and thus enable them to stay longer.
However, in starting a small-scale manufacturing business, we would recommend you to start with a general item.
Nail Polish Making Business Registration & Licenses
In starting this business, you will need to obtain different registrations and licenses from the Govt. agency. It is advisable to check your state law. Here we put a list of basic requirements.
- Register your firm with ROC. And choose the form of the business carefully.
- Obtain Trade License from the local Municipal authority.
- You will need to apply for cosmetics manufacturing license according to the Drugs and Cosmetics Act, 1940.
- Apply for ‘NOC’ from the Pollution Control Board
- You can protect the brand name through Trademark registration.
Nail Polish Making Plant Setup & Machinery
Before commencing the business, it is recommended to have a project report in hand. According to the business size, you will need to acquire a space for operation. Generally, 1000 Sq Ft built up area is sufficient for a small scale manufacturing operation.
Additionally, you will need to arrange the electricity, water, skilled manpower, and transportation facility for distribution. According to the machinery floor plan, you will need to do electrification.
Some of the major required machines are
- Chemical Mixer
- Stainless steel tanks
- Weighing Balances
- Laboratory apparatus
- Automatic liquid filling machine etc.
Nail Polish Making Process & Raw Materials
There are different formulae for the making of nail polish. And according to these formulas, there are the different proportion of ingredients required. According to the most famous procedure of making nail polish, first of all, take photographic film or cellulose Nitrate, wash it well and chop into small pieces and then dissolve into the solvent of either, ethyl alcohol or Emyleacitate etc.
Later castor oil and Digylthalate are mixed in it so that after the nail polish is applied, it does not get removed easily. Later colors and shades are mixed in it according to dust. This mixture is later put into bottles and presented for markets.
The required raw materials are:
- Cellulose nitrate
- Dibutylthalate (plasticiser)
- Ethyl alcohol
- Colour etc.
Nail polish making is a comparatively easy business to start in the chemical industry. However, like any beauty product, the item demands smooth distribution and sales promotion.