Is Sanitary Napkin Manufacturing Business really profitable ?
Starting a sanitary napkin business can be a great way to make a positive impact in the world.
With an increase in the market for sanitary napkins, which is doubling every year. As an entrepreneur this thought might have crossed your mind that Is it really a profitable business?
Let’s get into the depths of this lucrative business and understand more about this business.
This business obviously has a vast untapped market and yes, the business of sanitary napkins is very huge. The market is growing at almost 14% year-on year basis and has a very high CAGR (compound annual growth rate).
Over the last 10 years the market has doubled every five years. Switch shows sanitary napkins are a very fast growing market. While India remains one of the key growth markets for the disposable hygiene industry, the road to success in the market is far smoother and guaranteed by the increase in demand.
Most importantly , sanitary napkins are an essential good. Even when there is a recession or problems in the economic cycle , the demand in sanitary napkins will continue to benefit the manufacturers and its allied industries heavily.
Evidently, few people have faced many challenges in survival , which is a truth in each and every business.
Let’s Explore the reasons and what are the key pointers that make a sanitary napkin business successful and profitable.
- Understanding your market and where you have the reach.
Sanitary napkins are an essential product for women of all ages across the globe. In terms of reach, sanitary napkin manufacturers have been able to expand their market reach by employing various marketing strategies.
Firstly, you have to look at the overall market, identify where your market is and how far you can reach in the market.
Saral Designs most innovative and proven idea known as Business in a Box model will definitely help you in penetrating the market and serve your potential customers.
- What type of machine you are using for the production.
- Overall Unit Economics / How much your pad will Cost?
- Where are you buying your Sanitary Napkin machine from ?
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