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POLYTHENE SHOPPING BAG PRODUCTION IN NIGERIA; THE OPPORTUNITIES.

Shopping bags are medium sized bags, typically around 10-20 litres (2.5 to 5 gallons) in volume (though much larger versions exist, especially for non-grocery shopping), that are often used by grocery shoppers to carry home their purchases. They can be single-use (disposable), used for other purposes (storage, can liners, etc.) or designed as reusable shopping bags.

In Nigeria, there are different local names for the product and this includes Santana, Toromagbe, Patanla etc. Polythene shopping bags can be produced in different shapes and design from virgin material {HDPE/LDPE} or recycled material {primary / secondary}. These raw  materials can be sourced locally. Some of the equipment required for ploythene shopping bag production includes film blowing machine ,T bag making machine , printing machine and Plastic Grinding Milling Granulator. The Printing machine is put together with film blowing machine.

The market for polythene shopping bag in Nigeria is national. With a population of over 165 million people and an estimated national population growth rate of 5.7% per annum ,an average economic growth rate of 3.5% per annum in the past five {5} years, Nigeria has a large market for polythene shopping bag.

The need demand for packaging is increasing every day. Packaging improves image and branding of a product, hence the need for shopping bags. Almost every business uses shopping bags these days ranging from supermarkets, eateries, banks (cash bags), boutique, and bookshop to road side shops thereby creating large demand for the product.

In fact, it is one of the fasted selling consumer goods in the country today. This is because its demand has a relationship with the level of demand for other goods. The product is demanded all year round and not affected by season; nevertheless, it has a greater demand during the raining season.
The supply gap situation in the country has created a market gap estimated at N 2.7 Billion annually in revenue.

In spite of the very high level of demand, the supply of polyethylene product is limited. This is basically as a result of high cost of setting up this type of project in the country.

The demand for polythene shopping bags would continue to expand as the standard of living of the over 165 million population growing at the rate of 5.7% per annum continues to grow.

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At Foraminifera Market Research {www.foramfera.com}, we provide bespoke and up to date market research reports for beginners and on-going businesses in different sectors of the Nigerian economy.

Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies.

You can order our detailed feasibility report on polythene shopping bag production in Nigeria by clicking on the link below.

Report Title: POLYTHENE SHOPPING BAG PRODUCTION IN NIGERIA; THE FEASIBILITY REPORT.

Report Code: FORA/08/2011/020

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