Niir Project Consultancy Services (NPCS) through its network of project consultants in a wide range of business and technological disciplines is engaged in providing services to its clients by way of preparation of project reports. We provide the pre-investment information and business plans required for promoters, business leaders, young entrepreneurs, women entrepreneurs, investors, NRI (Non Resident India), startups, professionals looking to start their own venture. The comprehensive project profile reports cover all the aspects of business, from analyzing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. the scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet, break-even point, rate of return (ROR), etc. the DPR is formulated by highly accomplished and experienced consultants and the market research and analysis are supported by a panel of experts and digitized data bank.

Start Manufacturing Business Carton Boxes

Capacity Carton Boxes 20 MT Per Day Plant and Machinery cost 213.00 Lakhs
Working Capital 0.00 Rate of Return (ROR) 29.00 %
Break Even Point (BEP) 64.00 % TCI 0.00 Lakhs
Cost of Project 1023.00Lakhs


Carton boxes, also known as corrugated boxes, are commonly used in packaging and shipping due to their durability and lightweight. They are made up of a layer of corrugated material between two layers of cardboard, which provides strength and cushioning. The corrugated layer also provides insulation against heat and moisture. Carton boxes come in a wide range of sizes and shapes to accommodate various products and purposes. From small boxes for individual items to larger ones for bulk products, they are a versatile packaging solution that can be tailored to the specific needs of each customer. In addition to being a practical choice for packaging and shipping, carton boxes are also an eco-friendly option. They are made from recycled materials and are fully recyclable after use. This makes them an ideal choice for companies and individuals who prioritize sustainability and environmental responsibility. As e-commerce and online shopping continue to grow, the demand for carton boxes has increased significantly. More and more people are opting to shop online, and this has led to a surge in the need for durable, secure packaging that can protect products during shipping. Additionally, the pandemic has forced many businesses to shift their operations online, further driving up demand for carton boxes.

What Material Are Used?

Carton boxes are made from paperboard, which is a type of cardboard that is thicker and more durable than the regular paper used in books or flyers. The material used in the production of carton boxes is biodegradable, recyclable, and environmentally friendly. There are various types of paperboard used in carton box manufacturing, including:

1.   Corrugated Paperboard – This is the most common type of paperboard used in carton box manufacturing. It consists of a fluted sheet of paper sandwiched between two flat sheets of paper. The fluted sheet adds strength and rigidity to the box, while the flat sheets provide a smooth surface for printing.

2.   Solid Bleached Sulfate (SBS) Paperboard – This is a premium paperboard used in the production of high-end carton boxes. SBS paperboard has a bright white surface and a glossy finish, which makes it ideal for printing graphics and designs.

3.   Coated Unbleached Kraft (CUK) Paperboard – This type of paperboard is made from unbleached kraft pulp that is coated with a layer of clay. CUK paperboard has a natural, rustic look and is often used in the production of eco-friendly packaging.

Uses and Application

Here are some of the main uses and applications of carton boxes:

§  Packaging: This is the most common use of carton boxes. They are used for packaging goods of different sizes and shapes, including food, electronics, clothing, books, and more. They provide protection and ease of transportation for products.

§  Marketing and Branding: Companies often use printed or custom-designed carton boxes to promote their brand and enhance customer experience. A well-designed box can act as an effective marketing tool.

§  Retail Displays: In retail, carton boxes can be transformed into point-of-sale displays. These displays are often used to showcase products and attract customer attention.

§  Crafts and DIY Projects: On a smaller and more personal scale, carton boxes can be repurposed for various crafts and DIY projects, like creating organizers, playhouses for kids, or even for gardening purposes. 

§  Industrial Uses: In industries, carton boxes are used not only for packaging but also as a part of manufacturing processes, such as a core in paper production or forming molds in various industries.

§  Waste Management: Carton boxes are often used for waste segregation and management in both domestic and commercial settings.

Indian Market Outlook

The India corrugated boxes market size reached US$ 6.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.3 Billion by 2028, exhibiting a growth rate (CAGR) of 10.8% during 2023-2028. Corrugated boxes are disposable containers manufactured with different layers and widely available in different sizes, colors, designs, text, and graphics. They are lightweight, highly durable, safe, secure, and resistant to shock, moisture, and sudden temperature changes. They are cost-effective, eco-friendly, recyclable, and increase customer satisfaction. They provide more cushion or support for weighted materials to enhance protection as compared to cardboard boxes. They are also versatile and biodegradable and do not harm the environment or produce emissions. Besides this, they assist in offering insulation and have high-quality printing capabilities that increase the brand awareness of a business. As a result, they are widely employed in the food and beverage (F&B), textile, electronics, healthcare, automotive, pharmaceutical, and military industries across India. Factors such as increasing demand from fresh food and beverages, home & personal care goods, electronic goods industries, logistics application, increasing consumer awareness towards sustainable packaging and growth of the e-commerce industry have propelled the growth of Indian corrugated boxes market.

Global Market Outlook

Corrugated box market is growing with a CAGR of 5.8% in the forecast period of 2021 to 2028 and expected to reach USD 237,989.25 thousand by 2028.  Corrugated box products are designed to give an extreme protection to the goods such as fragile, heavy, bulky, or high-value products in storage and transit. A corrugated box with several layers provides strength to the packaging product and makes it stronger than average cardboard. Different types of liners are used in the corrugated cardboard to provide the strength such as kraft liners, test liners, and chip linear. Corrugated paperboard also acts as the cushion for the product in transit. Corrugated packaging products are 100% renewable and cost-effective in nature and used to replace wood and metal packaging. The Asia-Pacific region is expected to grow with the highest growth rate in the forecast period of 2021 to 2028 because of increasing demand of light weight packing products. China is leading the growth of the Asia-pacific market due to easy production of single wall corrugated box products.


The popularity of carton boxes has led to the rise of carton box manufacturing as a booming business opportunity. Entrepreneurs looking to enter the packaging industry can take advantage of this trend and start their own carton box manufacturing business. With a relatively low start-up cost and high demand, this business has the potential to be profitable and sustainable.

Key Players

§  TGI Packaging Pvt. Ltd.

§  Hariwansh Packaging Pvt. Ltd.

§  Trident Paper Box Industries

§  Packman Packaging Pvt. Ltd.

§  Worth Peripherals Ltd

§  Cascades inc.

§  Neway Packaging.

§  Smurfit Kappa

§  DS Smith

§  Georgia-Pacific.

§  VPK Packaging Group

§  Packaging Corporation of America

§  Oji Holdings Corporation

§  Western Container Corporation

§  Wertheimer Box Corp

Arabian Packaging Co LLC


  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.



NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report,  Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Section of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

Our Detailed Project report aims at providing all the critical data required by any entrepreneur vying to venture into Project. While expanding a current business or while venturing into new business, entrepreneurs are often faced with the dilemma of zeroing in on a suitable product/line.


And before diversifying/venturing into any product, wish to study the following aspects of the identified product:

• Good Present/Future Demand
• Export-Import Market Potential
• Raw Material & Manpower Availability
• Project Costs and Payback Period

We at NPCS, through our reliable expertise in the project consultancy and market research field, Provides exhaustive information about the project, which satisfies all the above mentioned requirements and has high growth potential in the markets. And through our report we aim to help you make sound and informed business decision.


The report contains all the data which will help an entrepreneur find answers to questions like:

• Why I should invest in this project?
• What will drive the growth of the product?
• What are the costs involved?
• What will be the market potential?

The report first focuses on enhancing the basic knowledge of the entrepreneur about the main product, by elucidating details like product definition, its uses and applications, industry segmentation as well as an overall overview of the industry sector in India. The report then helps an entrepreneur identify the target customer group of its product. It further helps in making sound investment decision by listing and then elaborating on factors that will contribute to the growth of product consumption in India and also talks about the foreign trade of the product along with the list of top importing and top exporting countries. Report includes graphical representation and forecasts of key data discussed in the above mentioned segment. It further explicates the growth potential of the product.

The report includes other market data like key players in the Industry segment along with their contact information and recent developments. It includes crucial information like raw material requirements, list of machinery and manufacturing process for the plant. Core project financials like plant capacity, costs involved in setting up of project, working capital requirements, projected revenue and profit are further listed in the report.

Reasons for buying the report:

• This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, demand of the product and reasons for investing in the product.

• This report provides vital information on the product like its definition, characteristics and segmentation.

• This report helps you market and place the product correctly by identifying the target customer group of the product.

• This report helps you understand the viability of the project by disclosing details like raw materials required, manufacturing process, project costs and snapshot of other project financials.

• The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decision.


Our Approach:

• Our research reports broadly cover Indian markets, present analysis, outlook and forecast.

• The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players. 

• We use reliable sources of information and databases.  And information from such sources is processed by us and included in the report.


Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:



Ø  Introduction

·         Project Introduction

·         Project Objective and Strategy

·         Concise History of the Product

·         Properties

·         BIS (Bureau of Indian Standards) Provision & Specification

·         Uses & Applications


Ø  Market Study and Assessment

·         Current Indian Market Scenario

·         Present Market Demand and Supply

·         Estimated Future Market Demand and Forecast

·         Statistics of Import & Export

·         Names & Addresses of Existing Units (Present Players)

·         Market Opportunity


Ø  Raw Material

·         List of Raw Materials

·         Properties of Raw Materials

·         Prescribed Quality of Raw Materials

·         List of Suppliers and Manufacturers


Ø  Personnel (Manpower) Requirements

·         Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel


Ø  Plant and Machinery

·         List of Plant & Machinery

·         Miscellaneous Items

·         Appliances & Equipments

·         Laboratory Equipments & Accessories

·         Electrification

·         Electric Load & Water

·         Maintenance Cost

·         Sources of Plant & Machinery (Suppliers and Manufacturers)


Ø  Manufacturing Process and Formulations

·         Detailed Process of Manufacture with Formulation

·         Packaging Required

·         Process Flow Sheet Diagram


Ø  Infrastructure and Utilities

·         Project Location

·         Requirement of Land Area

·         Rates of the Land

·         Built Up Area

·         Construction Schedule

·         Plant Layout and Requirement of Utilities


Project at a Glance

Along with financial details as under:


  •     Assumptions for Profitability workings

  •    Plant Economics

  •    Production Schedule

  •    Land & Building

            Factory Land & Building

            Site Development Expenses

  •    Plant & Machinery

             Indigenous Machineries

            Other Machineries (Miscellaneous, Laboratory etc.)

  •    Other Fixed Assets

            Furniture & Fixtures

            Pre-operative and Preliminary Expenses

            Technical Knowhow

            Provision of Contingencies

  •   Working Capital Requirement Per Month

             Raw Material

            Packing Material

            Lab & ETP Chemical Cost

           Consumable Store

  •   Overheads Required Per Month And Per Annum

         Utilities & Overheads (Power, Water and Fuel Expenses etc.)

             Royalty and Other Charges

            Selling and Distribution Expenses

  •    Salary and Wages

  •    Turnover Per Annum

  •   Share Capital

            Equity Capital

            Preference Share Capital


  •    Annexure 1:: Cost of Project and Means of Finance

  •    Annexure 2::  Profitability and Net Cash Accruals


                Expenses/Cost of Products/Services/Items

                Gross Profit

                Financial Charges     

                Total Cost of Sales

                Net Profit After Taxes

                Net Cash Accruals

  •   Annexure 3 :: Assessment of Working Capital requirements

                Current Assets

                Gross Working. Capital

                Current Liabilities

                Net Working Capital

                Working Note for Calculation of Work-in-process

  •    Annexure 4 :: Sources and Disposition of Funds

  •    Annexure 5 :: Projected Balance Sheets

                ROI (Average of Fixed Assets)

                RONW (Average of Share Capital)

                ROI (Average of Total Assets)

  •    Annexure 6 :: Profitability ratios


                Earnings Per Share (EPS)


             Debt Equity Ratio

        Annexure 7   :: Break-Even Analysis

                Variable Cost & Expenses

                Semi-Var./Semi-Fixed Exp.

                Profit Volume Ratio (PVR)

                Fixed Expenses / Cost 


  •   Annexure 8 to 11:: Sensitivity Analysis-Price/Volume

            Resultant N.P.B.T

            Resultant D.S.C.R

   Resultant PV Ratio

   Resultant DER

  Resultant ROI

          Resultant BEP

  •    Annexure 12 :: Shareholding Pattern and Stake Status

        Equity Capital

        Preference Share Capital

  •   Annexure 13 :: Quantitative Details-Output/Sales/Stocks

        Determined Capacity P.A of Products/Services

        Achievable Efficiency/Yield % of Products/Services/Items 

        Net Usable Load/Capacity of Products/Services/Items   

       Expected Sales/ Revenue/ Income of Products/ Services/ Items   

  •    Annexure 14 :: Product wise domestic Sales Realisation

  •    Annexure 15 :: Total Raw Material Cost

  •    Annexure 16 :: Raw Material Cost per unit

  •    Annexure 17 :: Total Lab & ETP Chemical Cost

  •    Annexure 18  :: Consumables, Store etc.,

  •    Annexure 19  :: Packing Material Cost

  •    Annexure 20  :: Packing Material Cost Per Unit

  •    Annexure 21 :: Employees Expenses

  •    Annexure 22 :: Fuel Expenses

  •    Annexure 23 :: Power/Electricity Expenses

  •    Annexure 24 :: Royalty & Other Charges

  •    Annexure 25 :: Repairs & Maintenance Exp.

  •    Annexure 26 :: Other Mfg. Expenses

  •    Annexure 27 :: Administration Expenses

  •    Annexure 28 :: Selling Expenses

  •    Annexure 29 :: Depreciation Charges – as per Books (Total)

  •   Annexure 30   :: Depreciation Charges – as per Books (P & M)

  •   Annexure 31   :: Depreciation Charges - As per IT Act WDV (Total)

  •   Annexure 32   :: Depreciation Charges - As per IT Act WDV (P & M)

  •   Annexure 33   :: Interest and Repayment - Term Loans

  •   Annexure 34   :: Tax on Profits

  •   Annexure 35   ::Projected Pay-Back Period And IRR