Paper Recycling Business Success Stories [2024]
According to statistics, the demand for recycled paper is increasing at a CAGR of more than 7% in developing counties.
The high machinery cost and inefficient collection of waste paper are reasons behind the growing demand.
As a result, the primary focus of the local paper recyclers is the establishment of proper collection and segregation systems to facilitate waste paper collection. Therefore, starting a paper recycling business can be profitable.
In this list, you'll find real-world paper recycling business success stories and very profitable examples of starting a paper recycling business that makes money.
1. Bagitan Packaging ($192K/year)
Yuki Lee, co-founder of Bagitan Packaging Company, came up with the idea to expand into the paper packaging business after receiving requests for paper bags and other packaging products from their existing thermal paper roll customers. Recognizing the vast market for packaging items and the potential for environmentally-friendly disposable paper packaging products, Yuki and her partner decided to venture into the packaging industry and have since become leaders in China's packaging market, with an annual net revenue of $200,000 and over 50 employees.
How much money it makes: $192K/year
How much did it cost to start: $200K
How many people on the team: 5
Bagitan Packaging in China started out as a thermography paper roll business and has since expanded to become leaders in the packaging industry with annual net revenue of $200,000 and over 50 employees, thanks to digital marketing and a focus on SEO.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
