Small-scale nail polish manufacturing 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 a 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 uses this item regularly.
Any individual can start this manufacturing business on a small, medium, or large-scale basis. However, the product demands strategic marketing planning and sales promotion activity.
Here are the 5 Steps to Start Nail Polish Manufacturing Business
Before starting to manufacture nail polish, the first step is to understand the demand of the local market.
1. Is Nail Polish Making Business Profitable?
The product has an 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.
The rise in the number of working women is 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 brands in the Indian market.
Therefore, starting a nail polish manufacturing business is a lucrative project for entrepreneurs.
2. Learn the Different Types Of Nail Polish
There are different types of nail polishes on the market. All nail polishes come with different formulas 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 topcoat nail polishes. Basecoat prevents our nails from discoloration caused due to repeated use of dark colors.
And the topcoat adds shine and prevents nail polish from chipping and fading and thus enabling them to stay longer.
However, in starting a small-scale manufacturing business, we would recommend you to start with a general item.
3. 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 a 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.
- GST Registration.
4. 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, a 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
5. Nail Polish Manufacturing Process
There are different formulae for the making of nail polish. And according to these formulas, there are different proportions of ingredients required. According to the most famous procedure of making nail polish, first of all, take a photographic film or cellulose Nitrate, wash it well and chop it into small pieces and then dissolve it 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 colours 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 (plasticizer)
- 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.
Editorial Staff at NextWhatBusiness is a team of Business Consultants having years of experience in small and medium scale businesses.