Pet jar or pet bottle production is one of the most lucrative and profitable manufacturing opportunities in the plastic and polymer industry. According to experts, polymer consumption by the plastic industry is expected to rise in the coming years. The global PET bottle market reached a value of US$ 39.7 Billion in 2021. Industry experts expect the market to reach US$ 52 Billion by 2027.
A pet bottle manufacturing unit with a simple process of injection molding and blow molding is a profitable venture for entrepreneurs.
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Is Pet Bottle Manufacturing Business Profitable?
A Pet bottle is an essential item for industrial packaging. It caters to the food & beverages industry, pharmaceutical, FMCG, chemical, biochemical, gas, etc. The advantages of PET bottles include a pure, safe, good barrier to oxygen, carbon dioxide, and water, and lightweight.
As a result, it facilitates less shipping costs, no leakage, design flexibility, recyclability, long shelf life, good chemical resistance, etc.
Major application areas of PET bottles are carbonated soft drinks, Mineral water packing, Syrups, Edible oil packing, Butter and Mayonnaise, Wine, Liquor and spirit packing, Sauce, jam and squash packaging, Agrochemical packaging, and household containers.
Pet bottles are replacing glass bottles because of the high rate of breakage and the inconvenience of returning empty bottles after consumption. The consumption of PET bottles is increasing on account of new customers being created for bottled beverages as well as an increasing number of products being replaced with PET bottles.
6 Steps to Start Pet Bottle Manufacturing Business
1. Apply for Registration & Licenses
In starting a pet bottle production business following registration and license you will need to obtain:
- Business Registration with ROC
- Udyog Aadhaar MSME Registration
- Trade License
- NOC from Pollution Control Board
- Factory License
- GST Registration
The domestic plastic sector has been deregulated and unlicensed. Additionally, Govt. allows 100% Foreign Direct Investment (FDI) through the automatic route without any sectoral cap. However, check your state’s rules and regulations carefully.
2. Cost of Starting a Pet Bottle Manufacturing Business
The cost of setting up a small-scale pet bottle production unit will be a minimum of Rs. 25 lacs. It includes the cost of a semi-automatic pet bottle manufacturing machine and raw materials.
However, for an automatic production unit on a larger scale, the investment will be more than Rs. 1 Cr.
3. Arrange Funds
Like any manufacturing project, there are two types of finance requirements. One is fixed capital and another is working capital.
You can go for entire unit finance or can take a separate loan for different requirements. However, you can avail of the term loan and mortgage loan for a fixed capital requirement.
If you want only working capital assistance then you can apply for cash credit or overdraft facility to your nearby bank or any financial institution.
4. Pet Bottle Manufacturing Unit Setup & Machinery
Select a location carefully for the pet bottle production unit. Availability of labor, distance from the market, and proper arrangements of transportation play a vital role in net profit margin.
After getting a machinery installation floor plan, it is advisable to craft an entire floor plan for your pet bottle production unit.
The technology/Machinery required for manufacturing the Pet Bottles is Injection Molding Machines and one Colour Mixer. Additionally, you have to procure one Chilling Water plant, a Scrap Grinder, and a Centralized Pulley laminating and printing machine.
5. Raw Material Required
The raw material used in the manufacturing of PET Bottles/Pre-forms is Polyethylene Terephthalate. Polyethylene tetra phthalate is a polymer that is formed by combining two monomers called modified ethylene glycol and purified terephthalic acid.
6. Pet Bottle Manufacturing Process
First of all, dry the PET granules that you receive from suppliers in a dehumidifier. Then, mix the PET granules with colorants. Then feed the material into the injection molding hopper. T
The material is plasticized and is injection molded in a mold that can produce 12-72 preforms in a single molding. The molded preforms are cooled in the machine itself till they can maintain their shape and are taken out and cooled to room temperature. Then, pack the items in cartons for despatch.