The paper cup business is one of the flourishing industries you can count upon for your startup goal. You can start your production both on small and large scales. Many MSMEs and SMEs across villages, towns, and cities have embraced this idea and recorded commendable results.
IT companies, academic institutions, hotels, industrial canteens, takeaway food counters, event organizers, and restaurants are the major consumers of the paper cup business. Talking about its selling trends, these cups are usually sold in bulk to intermediate traders and even to end customers through various channels. Selling paper cups is not a challenge, a positive aspect rendered by a steady demand-supply flow!
The paper cup market size:
According to IMARC Stats, the paper cups market size of India reached 22.00 Billion units in 2022, expecting the market to reach 25.65 Billion Units by 2028, exhibiting a growth rate (CAGR) of 2.50% from 2023 through 2028. The thriving food & beverage industry, expansion of hotels, restaurants, cafes, and increasing participation of individuals in social gatherings are key factors driving the market.
Establishing the paper cups business:
This simple business could be small or large, depending on the unit’s size and the desired production output.
Paper cups business Licensing & Finance:
A small-scale venture can be easily initiated with a capital of around ten lakhs, and ample loans are available to boost entrepreneurship and leverage the MSME sector, like the mudra, Make in India scheme, etc. The ways for funding the business increase if the unit is registered as a company with GST formalities.
Starting the unit:
The business unit requires a land area of about 500 square meters with a proper power connection.
Business labour requirements:
This business needs a very minimal labor force( something that adds to its profitability). A sales manager coupled with skilled and unskilled manpower is more than sufficient.
Business Raw Materials:
The raw materials for paper cup production are long-printed PE paper, packing materials, and bottom reels. A well-planned budget can keep the manufacturing costs under check, besides ensuring a smooth production cycle, with the available resources.
Equipment:
Out of the diverse varieties of machinery available in the market, choosing the best paper cup machine for the scale and potential of your unit plays an integral role. Going with the present-day technical trends and convenience, Automatic Paper Cup Machines are extremely efficient. This could be purchased based on the configuration that suits your production capacity.
A deeper insight into the equipment range:
SPB Machinery offers some cutting-edge paper cup machines which come in various technical configurations and offer business owners a wide range of capabilities. Established in 2005, the company is known for its evolved practices and precise engineering skills in manufacturing the finest machinery. Here is an insight into the range of paper cup machinery that might help you in the journey of your entrepreneurship.
1). SPB- 750 Automatic Paper Cup-Making Machine:
A complete automatic machine outputs a cup size of 1.2 to 12oz with 30 MI. Paper quality is about 160-220 gsm for raw material 1 to 2 PE-coated paper. Production rate per minute is 60 to 70 cups with a consumption of 420 V – 3 Phase 3.5, KW or 220V – 1 Phase 4 KW. The machine weighs about 1900 to 2000kg with an overall dimension of 28000x1250x1600mm.
2). SPB – 900 Automatic Paper Cup Machine:
A fully automatic machine outputs a variety of cup sizes, with exchangeable molds. Holds a production capacity of 70-80pcs/min from 150-350g single PE-coated paper. Consumes 220/380Volts and power of 4KW. The net weight of the machine is around 2500 kg with dimensions of 2100mm×1100mm×1700mm. The vendor guarantees customized service
3). Spb 1000- A Hi-speed paper cup machine:
The latest technology-driven machine with a capacity of 10 molds as against conventional 8 molds machines. A very sturdy design with ease of operational running. Offers an optional Auto collector, Ultrasonic Heater with side sealing.
Future of paper cup business:
The paper cup business is undergoing a revolutionary bottom-push development process these days. The rising competition is driving the industry players to deliver better quality products. With the new philosophical undertone for the sector’s growth being convenience, hygiene, and environmental concerns, good times are ahead for the industry!