Friends, these days the demand for cardboard or cardboard is increasing. In such a situation, if you work in this business with understanding and understanding, then there is a very good chance that you can earn Million of Dollar in a month very soon. These days there is a lot of demand for cardboard. Cardboard is most needed in online business. Nowadays cardboard is needed for packaging of all the goods, big and small. We also call cardboard boxes Card Board, Carton Box and Corrugated box.
The biggest paper-converting sector in the US is the production of cardboard boxes and containers. This industry, which serves almost every economic sector, is a major consumer of paper, paperboard, and used corrugated containers. Since cardboard is still one of the most popular materials for packaging and transporting consumer goods, the growth of online retailers has been a major factor in the last five years. Some of the achievements made during that time were tempered by setbacks caused by the pandemic. Revenue is expected to increase by 0.9% this year and by a compound annual growth rate (CAGR) of 1.0% to reach an estimated $84.4 billion by the end of 2024.
How to start the business of making cardboard or cardboard boxes (Corrugated Cardboard Box Making cost, Investment, profit)
Let us tell you that these days there is a lot of demand for cardboard. Cardboard is most needed in online business. Nowadays cardboard is needed for packaging of all the goods, big and small. Before starting the business, you have to pay attention to some things. From business registration to supply of raw material and then selling the finished cardboards or boxes in the market, you will have to do a well-planned business planning. By starting this business, you can earn bumper profits and the special thing is that its demand remains the same throughout the year, that is, there is very little recession in this business. Let us tell you how you can earn up to 5 lakhs every month
Market Scope and use of cardboard boxes
There is a lot of demand for cardboard boxes in today’s time. Nowadays, due to the increasing trend of delivery, the use of cardboard boxes has increased a lot. Cardboard boxes have to be used for safe packaging of goods. So that they can carry the items safely from one place to another. In this way, it is used for packaging in about 80% of businesses. Even their packaging makes their business attractive.
How to get a license for the business of making cardboard boxes (Cardboard Box Making Business License and registration Process)
If you want to do any business in USA, then first you have to register your business. To start the business of making cardboard boxes, you have to register to get a business license from the local authority. You can start the business alone or in partnership. You can also register with the Small and Cottage Industries Department at the local level. For tax, you have to get GST registration done.
How to get raw material
Talking about raw material, the most important thing to start this business is craft paper. You get it in the market at the rate of about .5 Dollar per kg. Let us tell you that the better your craft paper is, the better will be the quality of the box.
How much space will be required to do the business of cardboard box
To start this business, you will need about 5000 square feet of space because in this business you have to set up a plant as well as build a warehouse to store the goods. You should not start the business of cardboard box in a very crowded place because in such a situation you will have trouble bringing and taking the goods. Most people do this business on a large scale.
Machine is also needed
There are two types of machines in this business, the first is Semi Automatic Machine and the second is Fully Automatic Machine, there is a difference in size as much as there is a difference in investment between these two.
How much will be the profit
If we talk about profit in this business, then its demand remains the same throughout the year and during the Corona period, the demand for this type of box has seen a lot of boom. The special thing is that the profit margin in this business is also very high. If you are able to make customers and do good marketing of it, then by starting this business, 5000 US Dollar can be easily earned every month.
How much investment will be required
Talking about investment, if you want to do it on a small scale, then you will have to invest less. Let us tell you that the machines used in this business are expensive. If you take a semi-automatic machine, then you will have to invest up to 6000$. At the same time, about 10000 US Dollar will be spent for a full automatic machine.