7 Manufacturing Business Ideas for 2019
Manufacturing is officially more affordable and accessible than ever before. Thanks to the rapid prototyping technology of 3D printing, it’s never been easier to bring your ideas to life. Gone are the days of limited customizations and having to order in bulk. Now, manufacturing business ideas is very much on-demand.
Are you thinking about starting a manufacturing business in 2019? If so, you’ll need one of the best ideas to be successful. While rapid prototyping is the number one solution for growing businesses today, you’ll need an idea to hit the ground running. Here are 7 manufacturing business ideas for 2019 and beyond.
1. Simplified Artificial Intelligence
Artificial Intelligence (AI) technology is all the rage. It’s easier to use than it was ever before. It’s one of the latest and greatest manufacturing ideas in the market today. Modern science is pushing this technology further than ever before, so using it in your product will give you an edge.
Consider how you can use AI tech to make your products better. One example is to create children’s toys with AI technology or even a basic fitness tool. It doesn’t have to be a complicated product to be a success. You can also invest in creating AI chatbots for ecommerce to manage live customer support.
2. Food Production
Did you know it’s possible to manufacture food? While it might sound unusual, there are new food innovations every day. In fact, there’s even such a thing as a 3D printer for pizza. This might sound like a passing trend, but it might just be the innovation of the future. Fast food and health foods are more popular than ever before. How can you manufacture these to be better than ever?
3. Disposable Products
Thanks to growing environmental concerns, people are rethinking the way they use disposable products. There’s a large need for disposable products that are sustainable and eco-friendly.
If you could manufacture such a product ethically, they could serve a number of functions like plates, cups, utensils and more. Plus, if you successfully manage to create sustainable products, you’re doing the world some good.
4. Garment Manufacturing
While you might think there are enough garment makers in 2019, this is an area that has some holes in the market. For instance, sustainable garment manufacturing is in high demand. With the spreading awareness surrounding the harmful effects of fast fashion, people are searching for fabrics and clothing that’s ethically created.
As a garment manufacturer, you could perform a number of functions. From cutting and forming articles of clothing yourself to just creating the fabrics, the possibilities are endless.
5. Soap Making
Soap is one of the simplest products to manufacture on your own. You can get started in your home with a few basic ingredients. There’s a growing market for homemade soaps, and this is something you can get started with easily. However, be careful when handling the chemicals involved in the soap process since they can cause severe reactions.
While we usually think about creating products, how are those products going to be packaged for users? There’s an entire market dedicated to packaging, and you could work with small to mid-sized businesses as a packaging manufacturer. Packaging can make or break a product, so this is a fine-tuned art.
7. To-Consumer Tech Devices
Finally, there’s a rising demand for custom tech devices. While you might think this is better left to big-name providers, that’s no longer the case today. Manufacturing computers and other tech devices are something anyone can do, even small providers.
Creating niche tech products to sell directly to customers might prove very profitable. Today’s tech users often want highly specific products, and you might be able to fulfill that demand.
Starting Your Manufacturing Business
Are you starting a manufacturing business in 2019? Now is the time to jump on this trend. There’s a large need for more manufacturers, both large and small. Don’t be intimidated by the big manufacturers.
This is a market that has room for everyone, especially for businesses willing to think outside of the box. From sustainable manufacturing to niche products, there’s something for every interest. Finally, remember that you don’t need to manufacture an entire car to become successful. You can capture a good market share by manufacturing just a small part used in cars. It’s all about one good idea.
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