Looking for profitable plastic business ideas and opportunities? If so, you have landed in the right place. Here in this article, we have provided you with a list of plastic-related business ideas that can fetch high returns.
The polymer is generally used to manufacture various plastic products. Polymers account for around 70% of petrochemicals. In the consumption of the basic petrochemical, polymers form the bulk of demand with a share of around 55% in India.
The major byproducts of polymers are Polystyrene, PVC, Polypropylene, LDPE/ LLDPE, and HDPE. Around 54% of PVC is used in the manufacturing of pipes and 14% is used in the production of cable sheathing. Polypropylene is a very lightweight polymer and that is the main reason why it is used as a substitute for various other polymers.
Low-density polyethylene (LDPE) and linear low-density polyethylene (LLDPE) are also widely used polymers. This segment of polymers is growing at a rate of 12% per year. More than 50% of LDPE/ LLDPE is used by the packaging industry.
List of 27 Plastic-Related Product Business Ideas
#1. Plastic Recycling Plant
Establishing a plastic recycling plant can be a sustainable business idea aimed at reducing plastic pollution and promoting environmental conservation. The plant can process various types of plastic waste, such as PET bottles, HDPE containers, and polyethylene bags, into reusable raw materials for manufacturing new products.
#2. Plastic Bag Manufacturing
Plastic bags continue to be widely used for shopping, packaging, and storage purposes. Starting a plastic bag manufacturing business can cater to the demand for various types of bags, including carry bags, shopping bags, garbage bags, and industrial packaging bags.
#3. Air Bubble Packaging Wrapper
Air bubble packaging wrapper is an essential item in the packaging field as a convenient and economical cushioning material. The demand generation of electronic goods and other fragile items in recent years has left a wide gap in fulfilling the packaging need using air bubble film which has generated a good potential for the project for new entrepreneurs. Read More…
#4. Blow-molded Plastic Product Manufacturing
Thermoplastic materials like High-Density polyethylene (HDPE) and polyvinyl chloride (PVC) can be blow-moulded into containers of different sizes and shapes. Some of the common items that are produced include buckets, mugs, jugs, & other household utility products. Small plastic product manufacturing with the blow molding process is a profitable business venture.
#5. Disposable Plastic Cup Glass Manufacturing
Due to the recent change in the lifestyle of the urban class, the demand for disposable cups is increasing at a rapid rate. Generally, the ice cream industry, hotels, restaurants, canteens, etc use disposable plastic cups widely. The production process is simple and the unit can be initiated on a small and medium scale basis. Read More…
#6. Disposable Plastic Syringe Making
The disposable plastic syringe is an instrument that is used for injecting any liquid into the body of human beings or animals. Plastic syringes are becoming more popular in the medical world due to their lower cost and higher accuracy. Additionally, you can start disposable plastic syringe manufacturing on a small and medium scale basis with substantial capital investment.
#7. Drinking Straw Manufacturing
Drinking straws are an essential item in the soft drink industry. The manufacturing process is simple. And you can initiate on a micro and small-scale basis even from your home location.
#8. Plastic Furniture Manufacturing
Plastic furniture is lightweight, durable, and cost-effective, making it a popular choice for both indoor and outdoor settings. Starting a plastic furniture manufacturing business involves producing items such as chairs, tables, cabinets, and shelves using injection moulding or extrusion processes.
#9. Plastic Recycling Collection Center
Establishing a plastic recycling collection center can serve as a crucial link in the recycling value chain by collecting, sorting, and aggregating plastic waste from households, businesses, and institutions. The collected plastic can then be sold to recycling plants or manufacturers for processing.
#10. Plastic Injection Moulding Unit
Injection moulding is a versatile manufacturing process used to produce a wide range of plastic products, including automotive parts, electronic components, household items, and toys. Setting up a plastic injection moulding unit requires investment in machinery and skilled labour but offers significant potential for growth.
#11. Pet Bottles Manufacturing
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 Indian plastic industry is expected to double in the next 6 years.
It means we can expect a figure of 20 million metric tons by 2020. A pet bottle production unit with a simple process of injection moulding and blow moulding is a profitable venture for entrepreneurs. Read More…
#12. Pharmaceutical Strip Manufacturing
Pharmaceutical strips are used for air and moisture-proof packaging for drugs like tablets, capsules, etc. You can initiate the manufacturing unit on a small and medium scale basis. However, the business demands proper financial and production planning.
#13. Plastic Buttons Manufacturing
The common material for buttons is polyester, which is a special kind of plastic with properties that make it suitable for buttons. A variety of chemical dyes is added to the polyester to make different colours. You can initiate plastic button manufacturing with a comparatively small capital investment.
#14. Plastic Carry Bag Making
The plastic carry bag manufacturing process is simple. The usage of polyethylene bags for packaging is increasing day by day. Polythene bags are widely used in daily life with every household using them for varied purposes of packaging and storage.
#15. Plastic Jerry Cans Making
Generally, plastic jerry cans are essential items for commercial and industrial packaging purposes. Plastic jerry cans made in different sizes are one of the most profitable plastic product manufacturing businesses.
#16. Plastic Tooth Picks Production
Plastic toothpicks are very convenient for toothpicking. They are widely consumed in all hotels and restaurants. The manufacturing unit can be initiated semi-automatic or fully automatic basis. Read More…
#17. PVC Battery Container Making
The battery container-making process is simple. A small-scale manufacturing unit is financially profitable. You can initiate the manufacturing operation as the home-based also.
#18. PVC Coated Electric Wire
PVC-coated electric wires are extensively used for domestic home appliances wiring, house wiring and internal wiring for lighting circuits in factories, power supply for office automation, in control, instrumentation, submarine, mining, ship wiring applications, etc. due to their high tensile strength, superior conductivity, better flexibility and ease of joining. Read More…
#19. PVC Insulation Tape
PVC Tapes have become very popular as an electrical insulation material. The major characteristics of insulation tapes are that they should be water-resistant, oil-resistant, and temperature-resistant. Read More…
#20. PVC Pipe Manufacturing
The demand for PVC pipes and fittings is related to the consumption of PVC pipes. Keeping in view the growing trends in the utilization of PVC pipes for a variety of applications, the demand for fittings is likely to grow substantially. The manufacturing unit can be established on a small, medium, and large-scale basis. Read More…
#21. Rain Coat Manufacturing
A wide variety of fabrics suitable for rain gear is currently on the market. The production process is simple. Generally includes designing, cutting, and sewing. Additionally, you can initiate the manufacturing unit on a home-based basis.
#22. Spectacle Frames
With some simple machinery and equipment, you can initiate spectacle frame manufacturing on a home-based and small-scale basis. The major required raw material is cellulose acetate.
#23. Water Storage Tank
Plastic tanks have several advantages over traditional steel tanks. Their seamless construction provides them with greater impact strength and superior resistance to rust, corrosion, and fuel additives. Water storage tank production is one of the most profitable plastic product manufacturing businesses in the plastic and polymer industry.
#24. Plastic Packaging Manufacturing
With the increasing demand for packaging materials across industries such as food and beverage, pharmaceuticals, and consumer goods, starting a plastic packaging manufacturing unit can be a profitable venture. This business involves producing plastic containers, bottles, jars, and other packaging solutions.
#25. HDPE Bag Making
HDPE/PP pouches are becoming popular on account of their inertness towards chemicals, moisture & excellent resistance to rotting & fungus attacks. They are non-toxic. Lighter in weight & have more advantages than conventional bags. HDPE bag making is one of the most profitable plastic product manufacturing businesses.
#26. Plastic Recycling Consultancy
Entrepreneurs with expertise in plastic recycling and waste management can offer consultancy services to businesses, municipalities, and organizations seeking guidance on implementing sustainable plastic waste management solutions. This business involves providing advisory services, conducting feasibility studies, and developing recycling programs.
#27. Plastic Product Design and Prototyping
Offering plastic product design and prototyping services can be a lucrative business idea for entrepreneurs with a background in engineering or industrial design. This business involves collaborating with clients to conceptualize, design, and prototype plastic products before they go into mass production.
