Business

Proposal

BIOVABLE BIODEGRADABLE
PLASTIC MANUFACTURING CO.

Eco-Lifestyle :
Biodegradable Plastic Bags
Manufacturing Business

Prepared by:
Lynn N. Dichon
12-ABM

Contact
Phone 123-456-7890
Website www.reallygreatsite.com
Email hello@reallygreatsite.com
Address 123 Anywhere St., Any City, ST 12345 Biovable
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Industry Overview
Biovable
The adoption of biodegradable plastic
packaging is fully accepted by the retail
sector as a result of global climate National demand for consumer goods,
change. It's clear that in our world, as most of the products produced in this
biodegradable plastic bags really are a sector are sold to downstream use in
very large market place; which is why so the rapidly expandingFMCG sectors, has
many investors come forward to pitch a significant influence on industry
their tent on the biodegradable plastic revenue.
bag industry. The Bioplastics Manufacturing Industry

If you're following developments in the is at an early stage of its economic life

bioplastics manufacturing sector, there cycle, as shown in a new IBISWorld
has been a steady increase over five years report. The report further pointed out
to 2018. Demand for bioplastics that that the industry would also be
are recyclable and sustainable has been introducing new products, expanding
driven by worries about the future of into new markets and experiencing an
plastic products derived from petroleum. influx of new players.

In addition, the major plastics producers

Over and above, biodegradable plastic
have been under pressure to look for
bags manufacturing business is a
alternatives because of volatility in world
profitable business and it is open for any
oil prices. During this period, increasing
aspiring entrepreneur to come in and
environmental awareness has
establish his or her business; you can
encouraged governments and large
choose to start on a small scale or you
businesses to support the use of
can choose to start on a large scale with
bioplastics which have a direct beneficial
standard manufacturing factories both
impact on the industry.
in the United States of America and in
countries in Asia where you can get
cheaper labor and raw materials.
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