Group 4 - Feasibility Study

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Arellano University- Andres Bonifacio

EatBag: The feasibility study on establishing the Biodegradable Plastic Bag


Business at Sta Ana, Taguig City

A Feasibility Study

Presented to Mr. John Paul Doroin

By:

Castillon, Alexa

PERFORMANCE TASK: Galono, Jeny Rose

Lobo, Abegail

Madrid, Crystal

Manansala, Ariana

Maomay, Maryrose

Marano, Karylle

Pagnamitan, Jamby

Santos, Trisha Anne

Sulayao, Emerson
I. INTRODUCTION

Toxic Plastics is widely used in the products packaging and can be seen in every part of the world. Even

though it slowly destroys our environment, companies ignore this because it seals their products’

sustainability. Humans are already affected by this problem of having an increasing number of plastic that

has become a waste. Many bad-mannered people put their plastic trash in the road and mostly at the river.

Plastic bags typically last up to 20 to 500 years before it totally breaks down, that feels like a lifetime.

This becomes a general complex issue on this planet Earth especially since we produce 280 million tons

of plastic waste every year. Fishermen cannot handle the situation of having plastic tied in the fish they

have caught and people are ingesting microplastic that may be harmful to their health that sometimes

leads to cell death if the microplastics is in its irregular shape. YOU CAN ADD HERE HOW MANY

PEOPLE USE PLASTICS EVERYDAY AND CONNECT THOSE TO THE 280 MILLION TONS TO

SOUND MORE SEVERE AND CONVINCING IN TERMS OF THE PROBLEM. YOU CAN ALSO

ADD THE DATA FROM GLOBAL, AND ADD DATA AS WELL IN A PHILIPPINE PERSPECTIVE.

HOW MANY PLASTICS ARE USED WITHIN THE PHILIPPINES? WHAT IS THE PERCENTAGE

OF THOSE VS OVERALL WASTE GLOBALLY?. THE COMPOSITION IS GOOD BUT IT CAN BE

MORE CONVINCING IF MORE PERCENTAGE AND DATA WAS ADDED.

Plastic made from nonrenewable resources is definitely destructive to our environment. This product

presents a bioplastic bag that is non-toxic and reduces the accumulation of plastic waste. It is greatly

suited for disposable food packaging which can tear off or break down more easily in appropriate

conditions unlike traditional plastic bags that take a long time to disappear. Additionally, this product

involves breaking down in the water in just 3 to 6 months, better than using a plastic bag.

Most of the people want to help the environment sustainability by supporting eco-friendly products that

help to minimize the pollution. Carbon footprint is lessened and the amount of plastic can be minimized.
Bioplastic bags also bring people together, they unite to take care of the surroundings by taking action.

Popularity brings bioplastic bags to be an alternative for existing plastic bags in the market. Lastly, it is

new to their ears and safe if accidentally ingested.

Overall, the Eatbag business will contribute to minimizing plastic pollution and encouraging individuals

to make more eco-friendly choices in their everyday lives. This business will help address the growing

concern about plastic waste and the negative impact it has on the environment as well as on livelihood.

By introducing bioplastic bags made from edible ingredients to the market, EatBag will not only make an

economic contribution to the local economy but also offer a sustainable alternative to traditional plastic

bags, suited for light-weighted and non-sharp products. Through its commitment to environmental

sustainability and making a difference, the EatBag business strives to create a positive change in the way

people think and consume plastic, as well as unify people for a greener future.

VERY GOOD INTRODUCTION. CONCISE AND INTERRELATED.


CHAPTER 1

BUSINESS DESCRIPTION AND PRODUCT DESCRIPTION

1.1 BUSINESS NAME

PUT HERE THE BUSINESS NAME


The business name was chosen to showcase our purpose: the commitment to environmental sustainability

by providing an alternative solution to plastic waste. The term "eat" refers to the biodegradability and

compostability of the plastic bags. It implies that the bags can be safely decomposed by natural processes.

Also, it is safe if accidentally ingested since it is made from edible ingredients. In addition, the business

name combines two simple and commonly understood words, "eat" and "bag," creating a unique, catchy,

and easy-to-remember business name.

1.2 MISSION STATEMENT

“To create environmentally friendly alternatives environmental impact, foster awareness, and inspire

responsible consumers.”

We aim to be the leading eco-conscious manufacturer of biodegradable plastic bags who seeks to

minimize environmental impact, and inspire consumer conscious choice by providing affordable, high-
quality alternatives to conventional plastic bags, to foster environmental awareness and create green jobs

within the community.

1.3 VISION STATEMENT

“To envision a future where sustainable materials are widely adopted, contributing to a healthier planet by

reducing pollution, waste, and environmental harm.”

EatBag aspires to be a beacon of hope for a plastic-free future all throughout the Philippines.We envision

a world where biodegradable plastic bags are seamlessly integrated into daily life without compromising

on functionality or convenience.

1.4 BUSINESS LOGO AND DESCRIPTION

Our logo gives symbolism and eco-Friendly presentation. Ombre colors indicates great changes to our

environment especially adding green and blue colors. In the middle part, This represents Our bioplastic

bag product in order for the customer to notice easily what we are offering. At the top, we can see our

lovely business name Leaves in both side to indicate that Our product is safe to our mother earth.

1.5 BACKGROUND OF THE STUDY


Biodegradable plastic bags have gained attention as an alternative to traditional plastic bags due to

environmental concerns. The history dates back to the 1970s when researchers began exploring

biodegradable polymers. In recent decades, advancements in technology and increased environmental

awareness have fueled the development and adoption of biodegradable plastic bags.Studies have assessed

the effectiveness of various biodegradable materials, examining factors like decomposition rates and

environmental impact. While these bags offer potential benefits, challenges persist, such as the need for

specific conditions for proper degradation and concerns about the byproducts of decomposition.

Research continues to focus on enhancing biodegradable plastic bag formulations, exploring sustainable

alternatives, and evaluating their overall ecological impact. the environmental concerns associated with

traditional plastic bags, prompting a shift towards exploring alternatives like biodegradable plastic bags.

These alternatives decompose more rapidly, with plant-based materials such as cornstarch and sugarcane,

aligning with sustainability goals.

The proponents decided to make this product proposal to serve and valued customer a unique product that

has a purpose of bringing convenience and eco friendly bag that will be a substitute product for a Plastic

bag. Proponents would like to introduce a very unique and beneficial product that is new to the market

which is the bioplastic it is an biodegradable bag made from cornstarch which is Edible.this product is a

something very useful that they can used it everyday because this product is for everyone.this bioplastic

bag will benefits not just consumer but also our nature because this product is designed as eco friendly it

helps our environment clean.we created this product because we see that the only problem the world are

facing nowadays is the increasing volume of garbage and the most of it are made from plastic.

The importance of our (USE A THIRD PERSON POINT OF VIEW. USE THE instead of OUR). topic is

to lessen the use of plastic bags in our country.especially in Taguig area which is centered on the sta. Ana

Taguig .Based on our research we see that in sta. Ana Taguig there's a river that is known for having a
dirty river because there's a ton of plastic garbage everywhere in that area. Which is the number one

reason that causes floods in that area YOU CAN ADD HERE THE MARKET. INCLUDE THAT YOU

CHOOSE STA ANA AS WELL BECAUSE OF POTENTIAL CUSTOMERS. JUDGES ARE

FOCUSED MORE ON THE DEMAND AND PROFITS. This issue is the reason why the proponents

decided to create a unique product as an alternative for Plastic bag.like instead of using disposable Plastic

bag. we want to encourage everyone to buy our biodegradable product which has a lot of benefits it may

help on our daily lives.because in this way it is a big help to prevent and lessen the uses of disposable

plastic bag.and in that way little by little we were practice to avoid the possible harm may happen in our

nature.The bioplastic," eatbag" is very convenient as you can put all small necessary things since it is

designed as a bag it will makes every individual life less hassle and also they'll be eco friendly as they

will not using Plastic bag.

Therefore, proponents aim to produce Eatbag as a big help to our society. And Especially nowadays

people like to try and explore new things. But the proponents wanted to make sure that this product will

be a big help to them.

THE COMPOSITION OF THE BACKGROUND OF THE STUDY WAS GOOD. HOWEVER IF

POSSIBLE, THE TEAM CAN ADD MORE DATA AND INCLUDE THE SOURCES TO MAKE IT

MORE RELIABLE AND NOT COMMENTARY BASED PAPER.

BUT, BEST BACKGROUND OF THE STUDY SO FAR

1.6 STATEMENT OF THE PROBLEM

This study aims to answer the following questions:

1).What is the demographic profile of the vendors in terms of:


1.1 Age

1.2 Gender

1.3 Business type

2). What is the current situation of the vendors in terms of:

2.1 Number of vendors

2.2 Types of products sold

2.3 Sales volume

3). What is the general attitude of the vendors towards biodegradable plastic bags?

4). Are the vendors willing to switch to biodegradable plastic bags?

5). What are the potential challenges in transitioning to biodegradable plastic bags?

ADD ON THE DEMOGRAPHICS THE SALARY OF THE RESPONDENTS. GIVE A RANGE.


THAT WILL DEFINE THEIR SPENDING CAPACITY.
THEN ADD ON THE OTHER LINES HOW MUCH ARE THEY WILLING TO SPEND ON
YOUR PRODUCT AS THOSE WILL BE THE BASIS OF YOUR MARKET PRICE.

1.7 CONCEPTUAL FRAMEWORK

INPUT PROCESS OUTPUT

1).What is the demographic

profile of the vendors in terms of:

1.1 Age

1.2 Gender

1.3 Business type


2). What is the current situation of

the vendors in terms of:


● Conducting a survey
2.1 Number of vendors questionnaire. EatBag: The feasibility
2.2 Types of products study on establishing the
sold
Biodegradable Plastic Bag
● Analyzing and
interpretation of the Business at Sta Ana,
2.3 Sales volume
business product. Taguig City
3). What is the general attitude of

the vendors towards

biodegradable plastic bags?

4). Are the vendors willing to

switch to biodegradable plastic

bags?

5). What are the potential

challenges in transitioning to

biodegradable plastic bags?

The Conceptual Framework that was used in the study is the Input-Process-Output model. It Includes all

of the materials and information that are required in the process, the specific details of the process itself,

and the guide on evaluation of the Eatbag: The Feasibility study on the Establishing the Biodegradable

Plastic Bag business at Sta. Ana, Taguig City. The Input, it is set through the statement of the problem. It

consists of the profile of the respondents as well as the aspects of educational research. For process, it

includes the observation that the Proponents made. The questionnaires for the respondents. The output is

the consequences of the research activity or outcome.

VERY GOOD CONCEPTUAL FRAMEWORK

1.8 SCOPE AND LIMITATIONS


The Feasibility study focuses on establishing a bioplastic bag business. It aims to gather information

about the feasibility of the company's product from its target market which is the Vendor, Parents,

Students, or lived near within Sta. Ana Taguig City. The limitation of the product is that bioplastic is not

allowed in very heavy and sharp products.The study would be carried out by using survey questionnaires

face to face to gather relevant data. The company will distribute the survey questionnaires to the selected

respondents of the study.

GREAT COMPOSITION. THE BEST SO FAR.

1.9 SIGNIFICANCE OF THE STUDY

To the consumer: we prioritize the concern of everyone who buys in the market. Our Bioplastic "eatbag"

will provide an eco-friendly and usable bag which has a lot of benefit to the consumers. And also the

bioplastic bag doesn't harm the consumers because it is made from renewable resources. This study will

give them knowledge about the product and the nature of the company.

To the future researchers: This will help future researchers that are interested in exploring the potential

for sustainable business practices. The study's findings can provide a framework for conducting further

research into the production and marketability of biodegradable plastic bags, as well as for developing

sustainable business models that prioritize both profitability and environmental preservation.

Environmental Impact: The use of non-biodegradable plastic bags has been a major cause of pollution

and environmental degradation. The study aims to reduce the negative impact on the environment by

introducing an alternative biodegradable plastic bag.

ADD MORE SIGNIFICANCE. IT CAN MAKE YOUR PAPER MORE POWERFUL IN


TERMS OF ITS MARKET PENETRATION AND IMPACT

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