4 Packaging Products Business Success Stories [2024]
Looking to dive into a business with tangible results? Consider launching a packaging products business.
In simple terms, this involves creating or sourcing packaging materials and selling them to businesses that need to ship their products. This could range from boxes and bubble wrap to eco-friendly containers and custom-branded packaging.
The rise in e-commerce means a growing demand for diverse packaging solutions as businesses look to impress customers right from the unboxing experience. This is where your business steps in, offering innovative packaging that meets various needs.
Starting this business does require some research and initial investment in materials and equipment, but the potential is substantial. Itβs a sector with consistent demand, and by tapping into current trends like sustainability, you can carve out a niche for yourself.
If you desire a business that merges creativity with practical application, the packaging products business could be your calling.
In this list, you'll find real-world packaging products business success stories and very profitable examples of starting a packaging products business that makes money.
1. OXO Packaging ($6M/year)
Salman Shahid, a digital marketing expert, came up with the idea for OXO Packaging after realizing the demand for sustainable custom packaging. With the global packaging industry predicted to reach $1.3 trillion in the next 10 years, Shahid saw an opportunity for success. Now, OXO Packaging brings in an average revenue of $500,000 per month with the goal of becoming the best custom packaging manufacturer in their target markets.
How much money it makes: $6M/year
How much did it cost to start: $1K
How many people on the team: 0
OXO Packaging is a successful custom packaging manufacturer generating an impressive $500,000 per month in revenue with around 40-50 orders per month, and aims to become the top packaging manufacturer in the USA and Australia.
2. Plaine Products ($2.4M/year)
Hello! Meet Lindsey McCoy, the CEO of Plaine Products, a hair and body care company that is on a mission to eliminate single-use plastic bottles. After witnessing the environmental impact of plastic pollution during her time in The Bahamas, Lindsey decided to create a solution by offering refillable aluminum bottles. With over 300,000 plastic bottles diverted from landfills and oceans, Plaine Products is making a significant impact in the fight against plastic waste.
How much money it makes: $2.4M/year
How much did it cost to start: $50K
How many people on the team: 6
Plaine Products CEO, Lindsey McCoy, rids the world of single-use plastic bottles and turns her passion for sustainability into a $2.4M/year hair and body care brand, diverting over 300,000 plastic bottles from landfills and oceans.
3. 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.
4. Viva Magenta Project ($60K/year)
Inspired by summers spent learning the printing business from his entrepreneurial father, a successful global corporate careerist identified a gap in the market for customized, aesthetically pleasing packaging. Balancing a full-time job, he invested personal savings to launch Viva Magenta Project, now thriving with significant client base growth and revenue increases.
How much money it makes: $60K/year
How much did it cost to start: $1K
How many people on the team: 1
Discover how Viva Magenta Project, a bold venture in bespoke packaging solutions, skyrocketed its client base and revenue by leveraging targeted Google Ads, strategic social media engagement, and outstanding customer service, all while remaining debt-free on an initial $1,250 investment.
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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.