Best Business ideas after lockdown

Best business ideas after lockdown

Overview

Okay, let’s be honest, guessing we can all agree to the fact that this COVID-19 has been as annoying as those credit card sales calls. They’re unwanted, uncalled for and its keeping our business’s line on hold

Moreover, The Purchasing Manager Index PMI of the service sector crashed an all time low to 5.4 from 49.3 and the PMI of the manufacturing sector to 27.4 from a booming 51.8. Even worse, amid the coronavirus pandemic about 121.5 million Indians have lost their jobs. We know and we resonate with you,

And that’s why we are going to do the best of our bit for you to recover from everything you’ve been through so that you are able to do everything you’d planned to. We at startupYo have got these ideas for you so that you get all started up and about

Take a look at these business ideas, how they get along with your pre-existing knowledge, pick up your target consumers to cater to once this lock down is done locking us down

Best business ideas after lockdown

Corrugated cartons and boxes:

All the delivery oriented platforms like e-commerce: amazon, flipkart, Myntra etc. courier services FedEx, DTDC etc. have been able to survive since long and especially now amid the coronavirus when safety and precautions to contain its spread is of immense importance, the boxes in which the parcels are shipped, dispatched and delivered which are the cardboard cartons and boxes play a crucial role

Deliveries involve:

Documents
Clothes and apparel
Toys
Household equipments etc

These boxes not only help in safe keeping of the parcel but is a profitable business to enter into because of the convenience it provides in making a no-contact delivery where the box could just be left on the door step of the consumers.

Investment: 1 lakh – 1.5 lakh

Health-friendly snacks business

Because of the need of consumers amid the pandemic to pass their time which led them to have an active lifestyle of working out, exercising, maintaining a diet etc and of others to others to quit snacking on junk

Either ways the market for health-friendly snacks like below, is huge because of the demand from those who prefer maintaining their physique as well as those who want to make a physique

Baked chips
Puffed snacks
Nut based snacks
Low fat based snacks
Fiber based cookie and biscuits

Moreover, the emergence of westernization and shifting consumption patterns of consumers also contributes to this market

Investment: 10 lakhs

FRP ( Fiberglass reinforced plastics ) boxes or Food delivery boxes

This virus has surely put a lock on us enjoying that restaurant vibe for fancy luncheons and dinner evenings but the restaurant and food delivery apps like Swiggy, Zomato etc

These are seen doing their least yet best when it comes to letting us enjoy the food of our favorite spaces we crave which otherwise wouldn’t have been possible without those FRP boxes which helps in keeping the food warm, safe and fresh

These boxes are used in delivery of

Pizzas
Cakes
Vegetables
Sushi
Meat
Fish

The market for food delivery has become so vast that Swiggy, which once used to deliver 700000 orders per day in 2019 now delivers 1,4 million orders per day and these FRP boxes made that happen

Investment: 20 lakhs-30 lakhs

Sanitizers making business

The need for this product in this particular has been more than ever and will be so in the coming years. Because of sanitizer’s capability to kill the virus-spread germs within as less as 30 seconds and containing the virus from spreading this product has become a must have for every individual like their mobile phones, can’t do without.

The sanitizer market can be captured in the form of manufacturing

Pocket sized sanitizer bottles
Shelf size bottles
Area sanitizing liquid
Spray based sanitizers

Infact the sanitizing market of india is expected to witness a growth by 405 million dollars within 2020-2025

Investment: 1 lakh – 5 lakh

Face masks making business

Confused which face mask now? Well, blame covid-19 for that. But the face masks we are talking about are the beauty oriented, skin hydrating face masks.

Because of the growing need of no-make up look, free time on hands and the desire to adapt a healthy looking and glowing skin the demand for these face masks have been actively spreading out in both the male and female population, beauty has no gender, does it.

This market is vast because of westernization in the skin care standards, always popping beauty trends and are likely to exist for a while now.

The types of face masks that can be manufactured are:

Cream face masks
Gel face masks
Sheet face masks
Clay face masks
Exfoliating face masks
Serum face masks
Essence face masks
Oil based face masks

Infact the global face mask market is expected to grow at a CAGR of 10.2% and its market value is estimated to hit a high of 11.37 billion dollars by 2025

Investment : 10 lakhs – 20 lakhs