Nylon Wholesale Business in Nigeria: Full Details with Complete Breakdown and Price List
The nylon wholesale business in Nigeria is a lucrative venture due to the high demand for nylon products across various sectors, including retail, food, agriculture, and industrial packaging. This article provides a comprehensive guide to starting and running a nylon wholesale business in Lagos, Nigeria, with a detailed breakdown of processes, costs, suppliers, and a price list based on available data.
1. Overview of the Nylon Wholesale Business
What is Nylon?
Nylon, also known as polythene or polyethylene, is a synthetic polymer used for packaging, bagging, and wrapping due to its strength, lightweight nature, and versatility. It is classified into two main types:
- Low-Density Polyethylene (LDPE): Soft, flexible, and used for food packaging, bread wrappers, water sachets, and shopping bags.
- High-Density Polyethylene (HDPE): Stronger, more durable, and used for industrial packaging, garbage bags, and pharmaceutical packaging.
Why Nylon Wholesale in Nigeria?
- High Demand: Nylon is used daily by households, supermarkets, restaurants, pharmacies, and industries. Nigeria’s population of over 200 million drives constant demand.
- Profitability: The business offers high returns (up to 50% ROI) due to low startup costs and widespread use.
- Versatility: Nylon products serve domestic, commercial, and industrial purposes, including shopping bags, shrink wraps, and pure water rolls.
- Export Potential: Nigerian nylon products are exported globally, particularly to West Africa, Europe, and North America.
Market Opportunities
- Retail and E-commerce: Growth in retail and online shopping increases demand for branded packaging.
- Food Industry: Bread, snacks, and pure water packaging rely heavily on LDPE nylon.
- Sustainability Trends: Demand for eco-friendly or recyclable nylon is rising, offering a niche for innovation.
2. Steps to Start a Nylon Wholesale Business in Nigeria
Step 1: Market Research
- Understand Demand: Identify target markets such as supermarkets, boutiques, eateries, and industrial firms. Conduct surveys to gauge specific needs (e.g., size, thickness, or branding).
- Analyze Competitors: Study local suppliers like Poly Products Nigeria Plc, Kambil Plastic Limited, and Veepee Industries, which dominate Lagos’ nylon market.
- Location Analysis: Lagos, as Nigeria’s economic hub, is ideal due to its proximity to raw material suppliers and transport networks.
Step 2: Business Plan
Create a strategic plan outlining:
- Objectives: Target 10% market share within 3 years and 25% ROI annually.
- Products: Focus on LDPE (e.g., shopping bags, food wrappers) or HDPE (e.g., garbage bags, industrial packaging), or both.
- Financial Projections: Include startup costs, operational expenses, and expected profits.
- Marketing Strategy: Direct sales to wholesalers/retailers, bulk contracts, and online listings on platforms like Jiji.ng or Jumia.
Step 3: Business Registration
- Register with the Corporate Affairs Commission (CAC) to comply with Nigerian regulations.
- Obtain necessary permits for manufacturing or distribution.
- Cost: Approximately ₦50,000–₦100,000 for registration.
Step 4: Sourcing Capital
- Startup Costs: Range from ₦200,000 (small-scale distribution) to ₦10–30 million (large-scale production).
- Funding Options: Personal savings, bank loans, or partnerships. Avoid high-interest loans to maintain profitability.
Step 5: Sourcing Equipment and Raw Materials
- Equipment (for production, if applicable):
- Nylon Cutting Machine: ₦60,000–₦235,000 (local, small-scale) or ₦8–15 million (imported, industrial).
- Extruder Machine: Converts raw materials into polythene sheets (₦5–10 million for medium-scale).
- Sealing Machine: For packaging and branding (₦50,000–₦200,000).
- Raw Materials:
- LDPE/HDPE Chips: Sourced locally or imported from China/India. Cost: ₦50,000–₦100,000 per ton.
- Master Berg: Coloring agent for nylon (₦10,000–₦20,000 per 8kg).
- Suppliers: Available in Lagos markets like Idumota, Mushin, or through companies like Lakelonshey Ventures.
Step 6: Setting Up Operations
- Location: Lease a shop or warehouse in industrial areas like Ikeja, Apapa, or Ojodu Berger for accessibility.
- Power Supply: Invest in a generator due to unreliable electricity (₦500,000–₦2 million for medium-scale).
- Staff: Hire 2–5 employees for small-scale operations (e.g., sales, logistics). Salaries: ₦50,000–₦100,000/month per employee.
Step 7: Marketing and Distribution
- Target Customers: Wholesalers, retailers, supermarkets, and small businesses (e.g., laundry operators, boutiques).
- Distribution Channels:
- Direct delivery in Lagos (3–5 days) or nationwide (5–7 days).
- List products on Jiji.ng, Jumia, or Alibaba for wider reach.
- Branding: Offer customized printing for businesses (e.g., logos on shopping bags).
3. Suppliers in Lagos
Key Suppliers
- Lakelonshey Ventures (Apapa, Lagos)
- Products: Shrink wrappers, dispenser nylon, packing bags, grow films, concrete underlay.
- Contact: +234 80 8393 1335 or in**@****************mi.com.
- Note: Affordable pricing for Lagos orders; delivery costs vary for other states.
- Pziel Nigeria (Lagos)
- Products: Custom courier mailer bags, branded poly bags, fancy loop handle bags.
- Contact: pzielng.com for quotes.
- Delivery: 3–5 days in Lagos, 5–7 days nationwide.
- Eloquent Prints & Packaging (Lagos)
- Products: Food-grade nylon wrappers for bread and snacks.
- Contact: eloquentprints.com.
- Note: Specializes in high-quality, food-safe packaging.
- Jiji.ng
- Products: Various nylon types (LDPE/HDPE, printed/plain) from local wholesalers.
- Contact: Browse jiji.ng for suppliers in Lagos (e.g., Alagbado, Ikeja).
- Note: Ideal for small-scale buyers.
- Ibrahim Soliu (Ikeja, Lagos)
- Products: Shopping bags, pure water rolls, laminated nylon, ziplocks.
- Contact: olist.ng or +234 80 3596 5405.
- Note: Competitive pricing and custom orders.
4. Price List (Based on Available Data)
Nylon Products (Wholesale Prices in Lagos)
- A4 Custom Courier Mailer Bag (8 x 11 inches): ₦30,500 for 100 pieces.
- A3 Custom Courier Mailer Bag (11 x 16 inches): ₦42>800 for 100 pieces.
- A2 Custom Courier Mailer Bag: ₦55,600 for 100 pieces.
- Medium Poly Bag (15 x 19.5 inches): ₦35,500 for 100 pieces.
- Large Poly Bag (17.5 x 22 inches): ₦47,800 for 100 pieces.
- X-Large Poly Bag (22 x 6 inches): ₦56,500 for 100 pieces.
- Fancy Loop Handle Bag (Large): ₦77,500 for 100 pieces.
- Fancy Drawstring Bag (Medium): ₦58,500 for 100 pieces.
- Fancy Drawstring Bag (Large): ₦78,500 for 100 pieces.
- White Nylon Roll (Cut and Sold): ₦3,000–₦6,000 per roll (profit of ~50% per roll).
- Black Nylon Bag: ₦3,000 profit per bag (2 bags/day = ₦6,000 daily profit).
- Bread Nylon Wrapper: ₦2,400–₦3,000 per 500 pieces.
- Sachet Water Nylon Rolls: ₦1,580 per roll (28–38 microns).
Raw Materials
- LDPE/HDPE Chips: ₦50,000–₦100,000 per ton.
- Master Berg (Coloring Agent): ₦10,000–₦20,000 per 8kg.
Equipment
- Small-Scale Nylon Cutting Machine: ₦60,000–₦235,000.
- Sealing Machine: ₦50,000–₦200,000.
- Industrial Extruder Machine: ₦5–15 million (imported).
Note on Pricing
- Prices vary based on quantity, customization (e.g., printing), and location.
- Exchange rate fluctuations impact imported raw materials and equipment.
- Bulk discounts are available for orders exceeding 1,000 pieces.
5. Profit Potential
- Small-Scale Distribution:
- Startup: ₦200,000 (machine, raw materials, shop rent).
- Daily Profit: ₦6,000–₦15,000 (e.g., selling 2–5 bags/rolls daily).
- Annual Profit: ₦1–2 million.
- Large-Scale Production:
- Startup: ₦10–30 million (machinery, facility, staff).
- ROI: 25–50% annually with consistent supply contracts.
- Example: Cutting and selling a white nylon roll yields ~50% profit (e.g., buy at ₦6,000, sell at ₦9,000).
6. Challenges and Solutions
- Power Supply: Unreliable electricity increases costs. Solution: Invest in a generator (₦500,000–₦2 million).
- Environmental Concerns: Nylon is non-biodegradable, raising sustainability issues. Solution: Offer recyclable or eco-friendly options to attract environmentally conscious customers.
- Supply Limitations: Small-scale operations may struggle to meet demand. Solution: Partner with local manufacturers or scale up production.
- Competition: Imported nylon bags are cheaper. Solution: Focus on quality, customization, and local accessibility.
7. Logistics and Delivery
- Within Lagos: 3–5 days via local logistics (e.g., GIG Logistics).
- Nationwide: 5–7 days.
- International: Suppliers like Lakelonshey Ventures ship globally via UPS or other partners.
- Storage: Store nylon in cool, dry conditions to prevent degradation.
8. Recommendations
- Start Small: Begin as a distributor with ₦200,000–₦500,000 to test the market.
- Focus on Quality: Use food-grade or high-quality LDPE/HDPE to build trust.
- Leverage Online Platforms: List on Jiji.ng, Jumia, or Alibaba to reach wider markets.
- Customize Products: Offer branded bags for businesses to differentiate from competitors.
- Network with Suppliers: Build relationships with local manufacturers in Lagos (e.g., Idumota, Mushin) for consistent supply.
9. Conclusion
The nylon wholesale business in Nigeria, particularly in Lagos, is a high-demand, profitable venture with low entry barriers for distributors. With startup costs as low as ₦200,000 for small-scale operations and potential profits of ₦1–2 million annually, it’s an attractive opportunity for entrepreneurs. By focusing on quality, customization, and strategic marketing, you can capture a significant market share. For further assistance, contact suppliers like Lakelonshey Ventures or browse Jiji.ng for local deals.