Introducing an Essential Tool for Students and Offices
This blog presents a business idea focused on marketing and making rubber erasers in Kenya. Erasers are essential stationery items used for removing pencil and pen writing. With a rubbery consistency, erasers come in various colors, although white and pink are common. While synthetic rubber is the most common material used for erasers, specialized options can contain vinyl, plastic, or gum-like materials. Erasers are widely used by students in schools and colleges, as well as in offices and establishments. By venturing into rubber eraser production, entrepreneurs can contribute to the stationery market and meet the growing demand for high-quality erasers in Kenya.
Enhancing the Writing Experience with Rubber Erasers
Rubber erasers play a vital role in the world of stationery, providing a convenient tool for removing pencil and pen writing. In Kenya, erasers are widely used by students in educational institutions and by professionals in offices and establishments. With the increasing number of schools, colleges, and offices, the demand for erasers is set to grow. This business idea aims to tap into this market by manufacturing high-quality rubber erasers.
Production Process: Crafting Reliable Rubber Erasers
The production process involves mixing various ingredients of the rubber compound, including pale crepe, sulfur, white factice, whiting, zinc oxide, and other chemicals and colors. This mixture is then molded into desired shapes and sizes to create rubber erasers. The profiled plant in this business idea has a minimum capacity of producing 2,000 rubber erasers per day.
Capital Investment Requirement: Establishing the Production Facility
The total project investment cost for this business idea is estimated at US$3,060. With this investment, entrepreneurs can produce 624,000 rubber erasers annually, generating an estimated revenue of US$174,720 per year, with an annual profit of US$9,941.
Market Analysis: Meeting the Growing Demand for Erasers
The demand for rubber erasers is closely linked to the growth of education and industrial establishments. With the increasing number of schools, colleges, educational institutions, and offices in Kenya, the market for erasers is poised for growth. This presents an opportunity for new units to tap into the market and meet the demand for quality erasers.
Sources of Supply of Equipment and Raw Materials: Local or Imported Options
Equipment for rubber eraser production can be sourced either locally in Kenya or imported, depending on the entrepreneur’s preference and requirements. Raw materials required for manufacturing erasers, as well as equipment, can be sourced from both local and international suppliers.
By venturing into rubber eraser production, entrepreneurs can contribute to the stationery market in Kenya. With a growing demand, the use of advanced production processes, and a focus on high-quality erasers, this business idea offers a promising opportunity for individuals looking to enter the stationery manufacturing sector.
