Business Plan for Coconut Cosmetics Manufacturing

What is coconut cosmetic ingredients?
Coconut Oil, also called Cocos Nucifera (Coconut) Oil, is a pale-yellow, semisolid, edible oil. Coconut Acid is a mixture of fatty acids derived from Coconut Oil. Other ingredients made from Coconut Oil and/or Coconut Acid that may be used in cosmetics and personal care products include: Hydrogenated Coconut Oil, Hydrogenated Coconut Acid, Butylene Glycol Cocoate, Caprylic/Capric/Coco Glycerides, Cocoglycerides, Coconut Oil Decyl Esters, Decyl Cocoate, Ethylhexyl Cocoate, Isodecyl Cocoate, Lauryl Cocoate, Methyl Cocoate, Octyldodecyl Cocoate, Pentaerythrityl Cocoate, Tridecyl Cocoate, Magnesium Cocoate, Potassium Cocoate, Sodium Cocoate, Ammonium Cocomonoglyceride Sulfate, Sodium Cocomonoglyceride Sulfate, Hydrogenated Coco-Glycerides, Potassium Hydrogenated Cocoate and Sodium Hydrogenated Cocoate. Among these ingredients made from Coconut Oil and/or its fatty acids, Coconut Oil is the most frequently used in the formulation of cosmetic and personal care products. Coconut Oil can be found in many categories of cosmetic and personal care products including bath products, eye makeup, hair care products, shaving creams, suntan products, skin care products and lipsticks.

Uses of Coconut cosmetic Ingredients
Coconut is beneficial for use in cosmetics, typically as a moisturizer, and in soaps. Historically, Coconut Oil was used as a remedy for treating illnesses and infection, healing wounds, promoting the growth of strong bones, and protecting skin against blemishes.
The oil can be used to treat dryness and sores from saltwater and sunburn. It can be used for burning in a torch or drip into fire to create insect-repelling smoke. It also protects metal from corrosion.
Coconut in cosmetic can be used for the following: Deep conditioner: A thick coat of coconut oil, left on for several hours under a shower cap, will transform dry, damaged hair, Frizz fighter and curl tamer, Scalp conditioner, Moisturizer, Mosquito bite and sunburn remedy, Body scrub, Cuticle cream, Foot cream.

Customer Analysis
The main users of coconut cosmetic are households or individuals, cosmetic manufacturers.

Industry
The main producers of Coconut cosmetic in Nigeria are:
RAO Enterprises, Didi Organics, Aman Blessed Naturals.

The Business Opportunity
Coconut cosmetic such as the oil is an important base ingredient for the manufacture of soap. Soap made with coconut oil tends to be hard, though it retains more water than soap made with other oils and thus increases manufacturer yields. It is more soluble in hard water and salt water than other soaps, allowing it to lather more easily. This business plan provides the information needed to make decisions about starting a coconut cosmetic manufacturing plant. It is designed to attract investors to the business. Since 2007, over 60 million metric tons of coconuts have been produced worldwide annually. A wide range of coconut products are internationally traded. There are more than 50 unprocessed, semi processed or processed coconut products entering the international markets in small and big quantities.
This business plan provides the information needed to make decisions about starting a coconut beverages manufacturing plant. It is designed to attract investors to the business.