Project Profile of Plastic Furniture Production Unit in Bangladesh

Project Profile of Plastic Furniture Production Unit in Bangladesh

Plastic furniture has become one of the fastest-growing industries in Bangladesh due to its affordability, durability, and modern designs. From homes to offices, educational institutions to restaurants, plastic chairs, tables, and other items are widely used. This project profile will provide a detailed overview of establishing a Plastic Furniture Production Unit in Bangladesh, covering market potential, production process, machinery, costs, revenue, and profitability.

Project Profile of Plastic Furniture Production Unit in Bangladesh

1. Introduction

Plastic furniture is lightweight, portable, and weather-resistant, making it an ideal alternative to traditional wooden or metal furniture. The demand has increased in urban and rural areas alike, fueled by rising disposable income, growth in the hospitality sector, and a growing number of small businesses.

Key Advantages of Plastic Furniture:

  • Long-lasting and low maintenance

  • Resistant to moisture and corrosion

  • Easy to mold into modern designs

  • Cost-effective compared to wood or metal

2. Market Overview in Bangladesh

Bangladesh’s plastic furniture market is growing at a CAGR of 12% due to urbanization, lifestyle changes, and the hospitality sector’s expansion. Plastic furniture manufacturers in Dhaka, Chattogram, and other cities dominate the market, supplying both domestic and export demand.

Demand Analysis (Estimated):

Product TypeAnnual Demand (Units)Average Price (BDT/Unit)Annual Market Value (BDT Crore)
Plastic Chairs15,00,000800120
Plastic Tables3,00,0002,50075
Plastic Benches1,50,0003,00045
Plastic Cabinets50,0006,00030
Total Market--270

Key Market Drivers:

  • Rapid urbanization and small apartments

  • Increase in office spaces and educational institutions

  • Growth in restaurants, cafes, and event management services

  • Export potential to neighboring countries

3. Product Range

A typical plastic furniture production unit can produce the following products:

Product NameDimensions (cm)Unit Price (BDT)Target Customers
Plastic Chair45x45x90800Homes, offices, schools
Plastic Table120x60x752,500Homes, restaurants
Plastic Bench180x45x453,000Parks, institutions
Plastic Cabinet90x45x1806,000Offices, homes
Plastic Stool30x30x45400Homes, small cafes
Plastic Rack120x45x1505,500Offices, shops

4. Production Process

The production of plastic furniture involves several stages:

  1. Raw Material Preparation:

    • Use of virgin plastic granules (HDPE, PP)

    • Optional recycled plastic for low-cost products

  2. Injection Molding or Compression Molding:

    • Granules are melted in machines

    • Molten plastic is injected into molds to shape furniture

  3. Cooling & Ejection:

    • Products are cooled to maintain shape

    • Ejected from molds and trimmed

  4. Finishing:

    • Surface finishing and polishing

    • Quality inspection

  5. Packaging & Storage:

    • Packaged for wholesale or retail distribution

    • Stored in warehouses before delivery

Flow Diagram of Production:
Raw Material → Injection Molding → Cooling → Finishing → Quality Check → Packaging → Delivery

5. Machinery and Equipment

The following machinery is required for a medium-scale plastic furniture production unit:

Machinery / EquipmentQuantityUnit Price (BDT)Total Price (BDT)
Injection Molding Machine31,20,00,0003,60,00,000
Molds (Chair, Table, Bench)1010,00,0001,00,00,000
Grinding & Recycling Machine120,00,00020,00,000
Cooling Tanks & Conveyors25,00,00010,00,000
Trimming & Finishing Tools52,00,00010,00,000
Packaging & Storage Equipment15,00,0005,00,000
Total Machinery Cost--4,05,00,000

6. Raw Material Requirement

Raw MaterialQuantity per MonthUnit Price (BDT)Monthly Cost (BDT)
HDPE / PP Granules10,000 kg300/kg30,00,000
Color Masterbatch500 kg1,000/kg5,00,000
Packaging Material3,000 units50/unit1,50,000
Total Monthly Raw Material Cost--36,50,000

7. Project Cost Estimate (BDT)

Cost ComponentEstimated Amount (BDT)
Land and Building1,50,00,000
Machinery & Equipment4,05,00,000
Raw Material (3 months buffer)1,09,50,000
Salaries & Wages (6 months)30,00,000
Utilities & Miscellaneous15,00,000
Total Project Cost7,09,50,000

8. Operational Plan

  • Production Capacity: 20,000 chairs, 5,000 tables, 2,000 benches per month

  • Working Hours: 8-10 hours/day, 26 days/month

  • Employees Required:

    • Production Workers: 20

    • Supervisors: 5

    • Sales & Marketing: 3

    • Office Staff: 2

Monthly Operational Cost (BDT):

Expense ComponentAmount (BDT)
Salaries & Wages5,00,000
Electricity & Gas1,50,000
Maintenance & Misc.50,000
Raw Material36,50,000
Total Monthly Expenses43,50,000

9. Revenue and Profitability

Assuming full capacity utilization, the unit can produce:

ProductUnits/MonthUnit Price (BDT)Monthly Revenue (BDT)
Plastic Chairs20,0008001,60,00,000
Plastic Tables5,0002,5001,25,00,000
Plastic Benches2,0003,00060,00,000
Plastic Cabinets5006,00030,00,000
Total Revenue--3,75,00,000

Monthly Profit Estimate:

Profit=Revenue−Operational Cost=3,75,00,000−43,50,000=3,31,50,000 BDT/month\text{Profit} = \text{Revenue} - \text{Operational Cost} = 3,75,00,000 - 43,50,000 = 3,31,50,000 \text{ BDT/month}

Annual Profit: ~39.78 Crore BDT

10. Break-Even Analysis

ParameterValue
Total Project Cost (BDT)7,09,50,000
Monthly Profit (BDT)3,31,50,000
Break-Even Period~3 months

This shows that the project is highly profitable with quick ROI.

11. Marketing Strategy

  • Partner with furniture distributors and wholesalers

  • Supply to hotels, restaurants, schools, and offices

  • Use e-commerce platforms to sell directly to consumers

  • Attend trade fairs and exhibitions to showcase products

  • Offer discounts for bulk purchases

Promotional Channels: Social media, Google Ads, B2B marketplaces, local newspapers

12. Risks and Mitigation

RiskMitigation Strategy
Fluctuating Raw Material PriceNegotiate bulk purchase contracts
Machine BreakdownRegular maintenance and service contracts
Competition from Local UnitsFocus on quality and variety
Import RestrictionsUse locally available raw materials
Market Demand FluctuationDiversify product range and target multiple sectors

13. Environmental Considerations

  • Use recycled plastic wherever possible

  • Proper waste management system

  • Energy-efficient machinery to reduce electricity consumption

  • Comply with Bangladesh environmental regulations

14. Conclusion

A plastic furniture production unit in Bangladesh offers high profitability, low operational risk, and a strong domestic and export market. With urbanization, lifestyle changes, and increasing demand for affordable furniture, this is a bankable business idea suitable for entrepreneurs and investors.

15. Call to Action

We specialize in preparing bankable project profiles in Bangladesh and abroad. Our team ensures that every profile is comprehensive, investor-ready, and profitable.

Contact us today to turn your business idea into reality:
Mobile: 01716752370
Website: www.cbecl.info

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