Saturday, February 18, 2023

7 SIMPLE WAYS TO MAKE MONEY ROM TABLET SOAP BUSINESS IN NIGERIA

 

     WEALTH SECRETS IN TABLET SOAP BUSINESS

7 Simple Ways To Make Money In Tablet Soap Business




 Business Overview

Soap is very useful in our daily lives as a personal care product, and almost inevitably in every household and corporation. The soap industry falls under the fast-moving consumer goods (FMCG) sector, which represents one of the largest industries worldwide.

According to research reports, aggregate output from local soap industry is about 650,000 tones per annum. With the ban on soap importation, this translates into a demand and supply gap of more than 250,000 tones yearly.

                                                    Market Prospects
The soap market in Nigeria is estimated to be about N18billion, and it is estimated that over 800,000 tonnes of toilet and laundry soap are produced yearly (NBS). This is based on a conservative estimate of weekly consumption of one tablet of 75g per person of laundry and bath soap. This demand is driven by population growth, disposable income and consumer trend

Raw Materials
Soap is a traditional washing compound made from the saponification of oil fats and caustic alkali. The two vital raw materials needed for the production of bar soap are palm oil and caustic soda. Consequently their importance in the production of cleaning agents cannot be overemphasized
Equipment Needed
The core machines used for bar soap manufacturing include, oil refinery, boiling pot, amalgamator plodder/extruder cutler eyelet, and sealing machines

Production Process
This depends on the stage one wants to start from. Bleaching ,Saponification ,Amalgamation, 
Extrusion ,Eyeleting, Cutting and packaging
Being a bar soap manufacturer includes sourcing of capital, equipment and raw materials. Others are adequate knowledge of production process, naming your product, marketing and sales..

In the subsequent edition, I shall provide detailed report on the 7 simple ways to make huge money in bar soap business in Nigeria.

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