6 Paper Recycling Business Success Stories [2024]
According to statistics, the demand for recycled paper is increasing at a CAGR of more than 7% in developing counties.
The high machinery cost and inefficient collection of waste paper are reasons behind the growing demand.
As a result, the primary focus of the local paper recyclers is the establishment of proper collection and segregation systems to facilitate waste paper collection. Therefore, starting a paper recycling business can be profitable.
Here are some real life success stories of starting a paper recycling business:
1. 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 they make: $192K/year
How much did it cost to start: $200K
Current team size: 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.
Learn more about starting a paper recycling business:
Where to start?
-> How much does it cost to start a paper recycling business?
-> Pros and cons of a paper recycling business
Need inspiration?
-> Examples of established paper recycling business
Other resources
4. Metso
Metso Minerals is now Metso Outotec and Metso Flow Control is Neles. Metso Outotec provides minerals processing technologies and Neles focuses on valves.
Where they're located: Mesa, Arizona, USA
Website traffic: 120K/month
5. Bagitan Packaging
Bagitan Packaging manufactures high-quality kraft paper bags, food packagings and other packaging products in China for shipment around the world.
How much they make: $192K/year
Where they're located: Jinan, Shandong, China
How much did it cost to start: $200K
Current team size: 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.
6. CleanRiver
Recycling doesn't have to be a pain. CleanRiver's indoor and outdoor recycling bins are customizable and fit any recycling program. Our bins can even change along with your future needs, saving time and money.
Where they're located: Aurora, Colorado, USA
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- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings