Project report for Candle Manufacturng
Project Report for candle manufacturing is as follows:
India is a vast country and the Indian people follow various religions, speak different languages and follow different customs and traditions. In spite of this diversity, one thing is common among all Indians is they are all deeply religious and practice their religious activities on a daily basis. So depending upon their belief, practice method and convenience, almost all the people use any one or two from agarbatti(incense sticks), candles or Kapoor(camphor tablets). Candle making is an art. A skilled candle maker makes beautiful designs and styles of candles which you can behold all day long. Many people learn candle making as a hobby, while, they can also make it a successful business. If you are interested to start a candle making business, then take candle making classes so that u gain skills in this art, which would further help you to make good profits in your business. India has huge production as well as consumption of candles, which has given candle making the market a strong foot in the economy. This is emerging to be a great business idea in India. Also, India is a country famous for its rich culture and traditional festivals. Festivals like Diwali, Janmashtami etc. are known for candle decoration. India shimmers in candle lights during these festivals. Which clearly means, huge usage of candles. Thus, candle making idea is a great proposition for business in this country.
Scope of the project
Candles are mass consumption items and are widely used for lighting and illumination in household, churches and other religious places, hotels and restaurants etc. the demand for candles is increasing day by day due to its various usage’s. Artistic and decoration candles also have very good potential. Consumers are increasingly purchasing candles for their home decor, and for aromatherapy-like stress reduction and relaxation. The ease of purchase as well as the availability of various type of candles on multiple distribution channels is prompting more and more people to purchase these products. Proliferation in the number of distribution channels has benefited the sales through department, mass merchandise retailers and home decor stores.
Product / Services & process
Wax candles (scented) & Normal candles
Free wick is to be winded in required moulds in the given grews, lubricate the lubricating oil, screw the moulds as per the number given, melt the wax and add color and scent mix it well. Pour the melted wax into the ready moulds, keep the moulds for cooling for about 5-8 minutes, unscrew the plates of the moulds and take out the candles from it and pack it in either number or weight.
Raw materials / Consumables
1. stearic acid
2. paraffin wax
6. lubricant oil
7. designer ribbon
8. packing boxes
9. shink wrap polyethylene
Market potential & Strategy
Candles having a huge demand in the domestic market as well as foreign countries, mainly in the USA and European countries. india supply almost 90% of world countries these products. many export companies are based in Delhi, Mumbai, Kolkata, and Bangalore Hence marketing is not at all a problem for this product. They collect products directly from the site. The products are having a great demand in the domestic market also. There are many other manufactures engaged in the production of similar products. The demand is very high and usually, the supply cannot meet the demand.
Export Potential of agarbatti and related products which operate by burning
Exports have grown manifold in the last five years
Value of exports for perfumed agarbatti and camphor tablets increased more than 100 percent in the last five years
Indian agarbatti and related products exported to over 90% of countries in the world
USA, Thailand, Japan are the top importer market
High growth in export implies the proven capability of manufacturing the right quality of products which are accepted globally
India has the potential to become leading agarbatti and related products producer in the world
The export of agarbatti and related products records an average growth rate of 25.7 %, which shows the potential and scope of this industry.
The promoters have years of experience in this field and have business contacts with many direct and indirect distributors of the market. They also know the specifications of export quality products and the way to manufacture it. As the demand has not yet met by the production, 100 % of the products can be sold for exports. MoU can be signed with the exporters. Being well aware of the export market and agencies, competent price can also be ensured by effective bargaining. In case of any troubles happen in the export market, the products can be easily sold out in the domestic market; both inside and outside the state through distributors. Therefore marketing is not at all a headache for the agarbatti and related products. promoters are also in touch with the executive of India mart, trade India, amazon b2b, for online b2b bulk selling, and promoters also planning to go to online retailing of the products with Flipkart and Amazon,