Introduction

Water Storage Tank Business Starting a business that sells water storage tanks is exciting because it fulfills a fundamental requirement and contributes to responsible water management. Various businesses require water storage tanks, such as farms, construction sites, stores, and factories. Reliable water tanks are essential for everyday activities, emergency preparedness, and irrigation purposes on farms.

market size :

The number of people buying water tanks can change a lot depending on where they live, how many people are there, how many factories and buildings are there, and how much people need water tanks.

following table shows, water tank business size was valued at $ 382 in 2022,In year 2023 it was valued at $317.67 and at year 2024 it is $334.19.

Scope of Water Storage Tank Business

1. toward Homes: Many people who own houses need water tanks to store water for drinking, cooking, washing, and watering plants.
2. In sense of Businesses and Big Buildings: Places like hotels, restaurants, hospitals, schools, and offices use water tanks for things like cleaning, putting out fires, and running air conditioners.
3. for Farms: Farmers and farms use water tanks to water plants, give water to animals, and spray crops.

What Raw material required for the Water Storage Tank business?

• 1

Sure! Here’s a simplified explanation of each material:

1. Steel: Strong metal that’s often used to make things like cars, buildings, and tools.
2. Plastic (Polyethylene or PVC): Plastic is a material that can be shaped into different things. Polyethylene and PVC are types of plastic. You might find them in toys, bottles, and even pipes.
3. Fiberglass Reinforced Plastic (FRP): It’s like strong plastic with fibers inside to make it even tougher. Sometimes it’s used to make things like boats or parts of buildings.
4. Concrete: It’s a very hard and strong material made from mixing rocks, sand, cement, and water together. You see it in sidewalks, buildings, and roads.

Before the Water Storage Tank business?  manufacturing industry start-up what you need to know ?

Firstly, let’s talk about market research. This means studying what people want and need, so we can make products they like.

Next, there’s regular compliance. This is about following rules and laws all the time to make sure everything is fair and safe.

Then, there’s supply chain management. This is like making sure all the parts we need to make something are available and delivered on time.

After that, we have population. Population is about how many people there are in an area.

Lastly, there’s urbanization. Urbanization is when more and more people move to cities, making them bigger and busier.

Future Potential Water Storage Tank

1. Population growth and urbanization: This means more and more people moving to cities, making them bigger and more crowded.
2. Water scarcity: This is when there isn’t enough water for everyone. It’s like when you have a small amount of juice left in the bottle and lots of people want some.
3. Climate: Climate is how the weather acts over a long time in a certain place. It’s like knowing if it’s usually hot or cold where you live.
4. Infrastructure development: This is when new roads, buildings, and other things are built to make a place better. It’s like when a town adds new roads or parks to make life easier for everyone.
5. Technology innovation: This is when new gadgets, tools, or ideas are created to help us do things better or more easily. It’s like when someone invents a new game that’s more fun to play.

Machinery and Equipment for s Water Storage Tank

1. Cutting Equipment: Machines that cut materials into different shapes or sizes, like scissors but much bigger and stronger.
2. Roll Forming Machines: Machines that shape long strips of material, like metal or plastic, into specific shapes by rolling them through rollers.
3. Welding gadget : Tools used to join two pieces of material together by melting them and then letting them cool down and harden.
4. Rolling Machines: Machines that flatten or shape materials by passing them through rollers, like rolling out dough with a rolling pin.
5. Press Brakes: Machines used to bend sheets of material, like metal or plastic, into different angles or shapes.
6. Shearing Machines: Machines that cut sheets of material, like metal or plastic, into straight lines or specific shapes.
7. Punching Machines: Machines that make holes in materials by punching through them with a sharp tool.

Can we get funds from the bank for the Water Storage Tank manufacturing business?

Case study of Water Storage Tank manufacturing business

• Sintex.

Company Name: Sintex Industries Limited

Founded: 1931

Headquarters: Kalol, Gujarat, India

Key Industries: Plastics, Textiles, Infrastructure

other company :

• Paras Water Tanks.
• Supremo Water Tanks.
• Aquatech Water Tanks.

If you are thinking to start Water Storage Tank manufacturing business, what are the chances of success ?

1. Understanding the Market Demand: It’s like figuring out how many people want to buy what you’re selling. To do this, you need to do thorough research to find out who your customers are, what they need, and what’s popular in the market.
2. Achieving Operational Efficiency: This means making sure your business works well. You find ways to make your manufacturing process, supply chain, and how you use resources better. Doing this helps you save money, get more done, and make sure your products are ready on time.
3. Managing Finances Effectively: This is about handling money wisely for your business to do well. You make a plan for how much money you need, keep an eye on what you spend, make sure you always have enough money coming in, and get the right amount of financing to start and keep your business going well.

Water tank products marketing strategies

• Advertise:
  • Show ads online to people who might want water tanks.
• Search Engine Optimization (SEO):
  • Make your website better so more people can find it when they search for water tanks.
  • Share stories from people who use water tanks.
  • Talk to people who might want to buy water tanks.

Hire and train your water company team

1. Roles and Responsibilities: This means understanding what each person’s job is and what they’re supposed to do. It’s like knowing who’s in charge of what.
2. Recruitment Process: This is how a company finds new people to join their team. It’s like when a sports team looks for new players to join them.
3. Onboarding Process: Onboarding is how a new employee gets used to their new job. It’s like when you start a new school and they show you around, introduce you to teachers, and explain the rules.
4. Continuous Training and Development: This means that even after you’ve been working for a while, you keep learning new things to get better at your job. It’s like practicing a sport to get better and better.

Market  Brand for water tank business

First, understand what makes your brand special. Think about what feelings you want people to have when they learn about your brand. Next, make your brand interesting and attractive to people. Show them why they should pick your brand instead of others. Then, come up with a unique name and picture for your brand that people will remember easily. This will help them recognize your brand quickly. After that, create rules for how your brand should look and behave. This makes sure your brand stays consistent and easy to recognize.

Business Plan for water tank business

1.summary of plan

A summary of key objectives, target markets, competitive advantages and financial projections.

2. company Description :

overview  of offered products, production processes and competitive position in the market.
3. Market Analysis:

Analysis of Water Tank industry including market size, growth trends and demand factors. Identify target market segments including residential, commercial, industrial and urban customers.egies.

4. customers and services :

Explanation of any special or customized products and additional services offered to customers.

5. Marketing and Sales Strategy:

Overview of the marketing approach, including branding, advertising, sales promotion and customer acquisition strategies.

conclusion

First, because more and more people are living in cities and the world’s population keeps getting bigger, there’s a higher need for good water storage options. This makes the market for water tanks steady and reliable. Next, after looking at the whole plan, we suggest you shouldn’t begin this business unless you’ve had the right training and someone to guide you along the way.

Written by : Sonali Manohar Chavan