Scared of the future? Fret not because manufacturing isn’t dead. It is still flourishing around the world. Even with globalization, there are still gaps in the market where companies cannot deliver products due to certain conditions or factors that only local manufacturers can understand. Here are 20 emerging manufacturing business ideas that you might want to explore.
20 Most Popular Manufacturing Business Ideas
1. Ballpoint Pen Re-manufacture
You may be surprised to know that ballpoint pens are made from 100% recycled materials. This is a green and cheap alternative to buying new pens. Get in touch with companies who make these and find out the possible ways you can distribute them or sell them directly to end-users. You can also buy a bulk of defective ballpoint pens and repackage them into a new pen, which still works just as fine.
2. Miniature Toys Manufacturing
With these ideas in mind, it should be much easier for you to pick out the perfect business idea right for you. Just remember to take one step at a time, and always do your research first before you take the plunge.
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3. Make Your Own Specialty Food Products
If you are good with food, why not make your own specialty food product? People will go for this if your product is something unique or different from what other manufacturers offer. This is especially true in markets where people are looking for more healthy options.
4. Operate a Green Business
Today, most companies are shifting their focus to environmental protection and ecological balance. If you can offer them products that they need, it will be easy for you to sell your products in the market. People will also consider these businesses more reliable than others since they know you are concerned with their welfare.
5. Make Your Own Handcrafted Furniture
Few manufacturers of handmade furniture can customize or make their products according to customers’ preferences. If you like making something unique, why not try your hand at this industry? You will never lack customers because there are always people looking for custom-made furniture that they won’t find anywhere else.
6. Make Unique Handmade Jewelry
If you are already good with your hands, why not try out jewelry making? Only an artisan can create a huge demand for unique handmade jewelry. Before you start, you just have to know how to source raw materials and what people want or desire before you start.
7. Sell Restored Antique Furniture
One of the best ways to make money is to sell old things which you have restored. People will love buying these because it’s more economical than buying new ones, plus they get something really personalized with their own touch added on it after restoration is done. Also, instead of reselling them in flea markets, some antique dealers are now expanding their businesses online despite the lower profit margin.
8. Sell Vintage Clothing Online
If shopping for vintage clothing is your passion, why not turn it into a business? You won’t lack customers if you offer good quality vintage clothing at reasonable prices. However, this industry is highly competitive, so you need to know how to stand out from the rest of the dealers and merchandisers.
9. Make Handmade Frames
Consumers still prefer buying handmade products that they know no machine can beat the quality of what an artisan can produce. If you don’t mind working with your hands, then this business is for you.
10. Start Candle manufacturing company
Candles are still in demand even if the trend nowadays is on LED and electric lights. This is one of those businesses that you can easily start and maintain.
11. Sell Vintage Accessories Online
If you have a lot of high-quality vintage accessories at home, why not sell them online? People will love the idea of having vintage stuff that is still brand new. It’s not easy to find vintage accessories that are still in good condition, so if you have them, sell them online and start your own business.
12. Open an Ice Cream Shop
This is good for summertime, but even during winter, there will always be people looking for nice desserts to warm their bodies after sweating all day long. This is why if you are good at making desserts, opening an ice cream shop can be a good business.
13. Sell Handmade Bath and Beauty Products
If you are an expert in making bath products, then this industry might just be the right one for you. People will always buy good quality handmade products for their homes, so this is a good business venture if you can offer them a wide range of bath and beauty products.
14. Start a Baking Business
Baking is something that most people are good at. If you have been baking since you were little, it’s high time you earn from your passion. You don’t need to be trained in any culinary school to start this business.
15. Open a Shoe Store
There is still a big market for handmade shoes if you are good at making them. However, the competition in this industry is tough, so your best bet is to focus on high-quality products that can easily stand out from others.
16. Sell Customized Guitar and Instrumental Accessories
This requires a huge investment, so try it out if you can manage to finance this business. Selling custom-made accessories for guitars and other musical instruments is something that people will never stop doing because music will never fade.
17. Candy Making Business
People will always look for something sweet to eat, so try your hand in this business if you are good at making candies. You just have to know how to source the right materials, and then you can open up your own candy store.
18. Handmade Scarves and Shawls.
If you make shawls or scarves as a hobby, you can then transform it into a business. This is gaining popularity now because of the fashion that shawls have.
19. Olive Oil Production Business
An olive oil production business is slowly gaining popularity if you live in a region where olives are abundant. People will always look for good quality products if you can produce the best olive oil. This industry might be worth trying out.
20. Belt Making business
Belts are not only used by men but also by women. If you excel in making belts, then this might just be the perfect business for you.
If you have been thinking about starting a manufacturing business, consider the above-mentioned ideas. These are 20 manufacturing business ideas. If you choose one, make sure to plan everything well, and don’t forget to ask for help from professionals if you need to.