Rubber balloons are one of the cheapest toys for the small kids and among the favorite toys too. This gives a great opportunity for the balloon manufacturing business to grow in this competitive market of India. So, if you are waiting for a profitable small scale business idea, then this may be the end of your search. Balloon manufacturing business can give you the opportunity to start your own business and begin your own individual career with a bright future.
Different Usage of Rubber Balloons
Before starting a manufacturing business it is very important that you find out the usage and demand of the product in the market. Balloons have a wide range of usage, thus it gives a great advantage to the manufacturer to easily sell the product. Below is the list of the few common usage of balloons: –
Children love to play with balloons. Thus, it gives an easy opportunity to the parents to make their kids happy. Over that, the balloons are much cheaper than other toys available in the market.
It’s a birthday of any kid or parties of any grownups, balloons are the best item to decorate the place. You can decorate the place with different shapes and colors of the balloon. Balloons are used worldwide as a decorative item for various occasions.
Promotional Events: –
Various companies use big balloons as a promotional tool for their product or brand. High-quality balloons filled are manufactured with the name of the brand or product. They are filled with hot air so that the balloon can stay up in the sky and attracts potential customers.
Occasions: – Rubber balloons
are used in a huge volume in different occasions like holi in India. The balloons are filled with colorful water, and people love to play holi with that. These balloons usually come in low quality and are very cheap too.
Market Potentiality of the Balloon Manufacturing Business
The long list of different usage of rubber balloons makes it easy to explain the huge demand of the balloons in the market. Thus the balloon manufacturing business has a great market potentiality in the Indian market. Balloons also have a huge demand in the international market. If you can produce quality balloons as per the international standards, then you can also export the same in foreign countries.
How to Select the Type of Balloon Manufacturing Business
As you are now aware of the long list of usage of rubber balloons, so before starting the business, you can choose your business niche according to this. You can start your balloon manufacturing business considering all the above usage. But this will be a medium or large scale business. If you want to begin with small scale manufacturing unit, then you can choose any one or two of the above. Select your type of business considering the below-mentioned things: –
Different usage of balloons needs a different quality of the product. Like, balloons for playing holi need not to be of high-quality. However, for purpose like decorations and promotional events, you cannot afford to compromise you’re the quality of the product.
Consider your capacity of investment before starting the business. If you have a potential to invest huge then you can start your business on a large scale. But, if you don’t want to invest all your capital in the beginning, you can choose to start the same in small scale.
Different market may have a different kind of demand of balloons. You need to do a proper research of the market and its demand for the same. According to that, you need to select the business niche.
You can start your balloon manufacturing business even from your home. But starting the business from home will restrict your size of the business. You can start your home-based business of manufacturing balloon on a small scale only.
However, starting the business from home will help to save some investment for purchasing or renting a place for the business. You can use this amount for other purposes of the business.
Considering the above factors will help you to start the business with much ease. Over that, it will also help you to run the business in a profitable way.
Manufacturing Process of Rubber Balloon
Natural latex is the best raw material for producing balloons as it can stretch to seven to eight times of its original size. Molds of stainless steel or aluminum or porcelain of different size and shapes are used to give the balloon its final shape. These molds are dipped into the liquid latex for the preparation of the balloon.
Colors and chemicals can be used to give the balloon the required color and quality. A proper training is always suggested to learn the perfect way of the balloon manufacturing. The process has become more dependent on machines rather than manual process. Which makes the job much easier and also increases the volume of the output.
So, if you now find the balloon manufacturing a profitable business idea, then contact your local authority to find out the legal procedures to start the business. Along with the start-up process, keep promoting your business so that all the potential customers gets aware of your business.