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Serviette
is a rectangle of paper used at the table for wiping the mouth and
fingers while and after eating. It is usually small and folded,
sometimes in intricate designs and shapes.These are absorbent, higenic,
light and can be had with attractive printing.
Extensive
market research has revealed that serviette are an everyday consumer
necessity used by everyone. Thus, the market is ongoing and is not
dependent on economic cycles and can be described as a FMCG (fast-moving
consumer goods) commodity market. The Federal Government has banned the
importation of serviettes thereby leaving local manufacturers with
great opportunity to tap into the consumers needs.
With
the recent and continued increase in the popularity of eateries,
restaurants and Hotels in Nigeria, the demands for serviettes has never
been more. With our culture of celebrations such as weddings, parties
and numerous social events, serviettes will always be in high demand.
The
market for serviette is national .With a population of over one hundred
and sixty five million (165,000,000) people and an estimated national
population growth rate of 5.7% per annum , average economic growth rate
of 3.5% per annum in the past five (5) years ,Nigeria is a large ,expanding and sustainable market for serviette.
Serviette
is consumed on daily basis by all and sundry irrespective of age,
social class or religion and the market for serviette is expected to
grow along the population growth trend and the amount of disposable
income.
The
fact that over 60% of the over one hundred and sixty five million
(165,000,000) population of Nigeria are youths which also constitutes a
greater majority of the middle class ,two (2) group of consumers that
seeks for hygienic and good quality living standard further deepens the
market.
The
major raw material required for the production of serviette are Tissue
paper, paper cartoon, ploythylene film and other packaging materials.
and can be sourced locally or imported.
Tissue
paper rolls are fed to the Flexographic printing machine for paper
napkins where in these are printed and cut to the sizes with the device
already fixed with the machine. These are then packed in numbers or as
desired.
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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 serviette production in Nigeria by clicking on the link below.
Report Title: SERVIETTE PRODUCTION IN NIGERIA, THE FEASIBILITY REPORT.
Report Code: FORA/2013/300/5346
Report Title: SERVIETTE PRODUCTION IN NIGERIA, THE FEASIBILITY REPORT.
Report Code: FORA/2013/300/5346
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