30+ profitable manufacturing business with low investment

profitable manufacturing business with low investment

Are you looking for a small profitable manufacturing business with low investment? In developed countries and even emerging nations, small scale manufacturing businesses are considered as among the profitable startup for entrepreneurs.

The popular manufacturing industries include the paper, food processing, agrochemical industry, leather, construction, household products and automobile parts. The popularity is because they’re the most used product man needs daily.

But most of the popular profitable manufacturing industries listed above are the ones that require huge capital to start.

Below, you’ll find out the 30+ small scale profitable manufacturing business with low investment.

30+ Top profitable manufacturing business with low investment

 

  1. Bakery

One of the profitable businesses in the food industry today. This is large because bakery provides ready to eat food. The business can be started either from home or rented a place. Focusing on the right product and finding customers via advertisement will ensure success.

Choose high demand product that’ll be specific to the bakery business.

  1. Aluminum doors and windows

One of the profitable manufacturing business opportunity in the metal works industry, with more new building using aluminum doors and windows.

The business can be started in two ways. First, you learn how to make the aluminum doors and windows then sell it. Secondly, buy the doors and windows to and sell it to people in need of it.

One can start the business with a small startup and begin to market your product to people who will listen and buy it.

 3. Biodiesel production

This is another profitable manufacturing business one can start on a small scale when the raw materials are available in a quantity that will always ensure you’re in production.

The depletion of the fossils fuel has push man in search for renewable sources.  This form of fuel, are obtained from living things. That is from plants or animal.

Because it’s renewable source, that’s why the demand for it is high.

The opportunity in this industry is huge and still has more vacuum needed to be filled.

  1. Biscuit making

Biscuit making business is huge and can be implemented from your backyard on a small scale. This business requires low start up capital to start.

The secret to the success of the business is trying to bring out varieties of biscuits that will target all age group and appeal to those with different taste.

  1. Candle making

This is the business that can be done on a small scale and also on a part-time basis. The candle can lighten both for religious and décor purposes. Others use it as a source of light at night. The opportunity in the candle industry is on the increase.

This is because apart from the opportunities in the traditional way candle is used, it’s the scented and decorative candle that’s making the candle industry more lucrative.

  1. Cartoon crates manufacturing

Cartoons are not just meant for bulk packaging, but also as a way to brand and help market the product in it. Crates, therefore, help package materials that can be exported.

With more businesses and individuals engage in packaging and moving bulk products, has made cartoon crates manufacturing one of the most profitable manufacturing business with low investment, one can start the business.

  1. Cashew processing

Many business opportunities are available in the cashew processing. There are several things involve in the business of cashew processing.  It could be cell cooking, cashew kernel dying, cutting, grading, packing and peeling.

The cashew nut processing can be started with low investment. Keep in mind that it can also be exported and requires a simple machine to make it successful.

  1. Chalk making

Chalk is still been used as the main writing tool in blackboards in schools. It can also be used by carpenters, tailors and in construction to draw lines when making the measurement.

Chalk making or chalk production business can be started from as a home based business with low investment.

The chalk making process involve producing a round shaped stick light that will be suitable to the hand and makes writing on the blackboard or making measurement easy.

Normally, the majority of the chalk comes either in white or in other colors.

  1. Chocolate making

Chocolate making is one of the profitable business in the food industry. However, how you produce your chocolate will depend on the shape and quality of the chocolate you want.

But one very important thing to take into consideration is the availability of the raw material. Because your raw material will determine the chocolate taste and ingredients you’ll use to make the chocolate.

  1. Coconut milk powder production

Coconut milk powder production is one of the food processing business that has an excellent market potential. The coconut milk powder has a longer shelf life.

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Starting the business requires you have the raw material, fewer storage space is required and requires low income to start the business.

  1. Coconut oil production

The business opportunities in coconut oil are enormous. Coconut oil uses a hair tonic, hair oil, cooking, toilet soap, laundry soaps, detergent etc. You cannot start the coconut oil production without locating where you can get the raw material that can ease your production.

  1. Concrete block manufacturing

Precast concrete products like tiles, concrete blocks, interlocking tiles have seen the rise in recent time, due to the use of flooring, making a working path in homes and garden, wall tiling etc.

The business can be started on a small scale and requires some machinery and a little expertise to start the business.

  1. Conveyor belt manufacturing

The increase in industrialization has seen the conveyor belt important as it is commonly used in many industry processes in a fertilizer plant, construction sites, railway, chemical plant thermal plant to maintain the production chain.

The conveyor belt manufacturing is one of the most profitable manufacturing business in the rubber industry.

  1. Custard powder production

Custard powder is one of the popular that have become part of the daily diet of many homes. A small scale unit of the custard powder production business can be started on a small scale with some machinery in place.

But before going into the custard powder production, you have to be sure that you have the raw materials to use to produce the custard.

  1. Detergent powder manufacturing

The detergent powder is use for many things. From washing clothes, dishes, in a car wash to neutralizing the effect of oil and fire. Due to the use to do various things, the detergent powder has seen the increase in a number of customers almost on a daily basis.

The production process requires the mixing of the right chemical in the right manner. The small scale manufacturing unit can be started with small capital investment.

  1. Envelope making

The envelope is used daily either to send mail to organizations, businesses, to friends and family or as an important means of storing a vital document in an orderly manner.

Due to the demand for the envelope, it has made the envelope making business as one of the profitable in the paper industry.

The raw material will always be paper. But the paper you’ll use will depend on the type of envelope you intend to produce.

This business can be started on a small scale and with low investment. You can get an envelope making a machine or you can do it manually.

  1. Eraser making

Eraser is used to correct mistakes and is produced from rubbers. With the availability of the raw materials, one can venture into the business on a small scale.

The demand for it has made the business profitable for those in the business.

  1. Exercise book manufacturing

The demand for exercise book is always on the increase. This is due to the fact that exercise book is an important stationary in schools, offices, business environment and libraries.

Exercise book manufacturing is one of the profitable manufacturing business, with low investment, one can venture into the business on a small scale.

The machinery to use will depend on the exercise book type you want to produce.

  1. Drinking straw making

Drinking straw manufacturing business is one of the profitable business that can be started on a small scale. With the right raw material and some machinery, you can start the business.

  1. File manufacturing

A file is an essential stationary in schools and offices. It’s used to document important document for record purposes.

There are flat file and cover file with strap, depending on the type of file you want, you can start the business on a small scale with the right machinery.

  1. Groundnut oil processing

Considering the required capital to start the groundnut oil processing, groundnut oil processing is one of the profitable business in the food processing industry.

The groundnut oil is us in cooking food, frying and making of dough due to the fact that the oil is suitable and best for human consumption.

You can start your business on a small scale with the right raw material and machinery in place.

  1. Honey processing

Honey processing is a profitable manufacturing business. The business entails removing wax and other unwanted impurities from honey to get the pure honey.

The business can be started on a small scale either manually or by getting the required machine in place. This business can be done as a home based business.

  1. Ice block manufacturing

Ice block is essential for preserving fishes and other perishable food items in transit. It can also be used to keep drinks and water in a cool manner.

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The business can be initiated on a small scale with the right machinery in place. Production should be to meet the demand.

This business can be started on a small scale.

  1. Ice cream making

Ice cream making can be initiated and run as a home based business on a small scale basis. You’ll need to come with flavors that will be meet the taste of several customers all year round.

Then come up with a way to serve the ice cream in a suitable way. The most popular are to use the cones with a variety of color for each flavor. This is because the cone is neat, clean and very easy to store.

  1. Invitation card making

Invitation card making requires you to be creative and this is one of the profitable manufacturing business that can be initiated by an individual on a small scale.

The invitation card is one of the booming business today. You just need to be creative in your design to ensure that your cards are different from others.

  1. Liquid soap production

Liquid soap production unit can be started on a small scale. There is a different type of liquid soap you can do like the body soap, face wash, dish wash soap, hand soap and so on.

  1. Livestock feeds production

Livestock feed is one of the profitable business in the agriculture business. There are different livestock feed you can venture into. Some of the livestock feed to produce is cattle feed, fish feed, poultry feed is the popular one.

With the raw material and the simple machinery, you can start the business on a small scale.

  1. Milling business

Milling business is one of the profitable business in Nigeria. Today there are different milling business you can start. This includes groundnut milling, rice milling, maize milling is the most popular one.

The business can be started on a small scale and the machinery will depend on the type of the grain you intend to mill.

  1. Noodles making

Noodles are a common food and come in two forms. The instant noodles and the normal noodle are all among the fast food that is experiencing a boom in the food sector.

You can set the business on a small scale with some simple machine. The production process is pretty straight forward.

  1. Packaged drinking water production

The market demand for packaged for healthy water have to make the packaged drinking water one of the profitable manufacturing business.

People not only use the packaged water outside the home, it is also the preferred drinking water at home.

To start the business, you’ll need the machinery and know the process of production.

  1. Palm oil processing

The business can be started on a small scale. Palm oil comes from palm fruits, which means for you to get palm oil, you’ll need the raw material which is the palm fruits to produce the palm oil.

To produce the palm oil in commercial quantity, you’ll need to have access to lots of the raw material.

  1. Paper bag making

Paper bag making is one of the profitable manufacturing business ideas right now. The need for a custom paper bag in occasions, as souvenirs, and for personal use is expanding the business boom of the business.

  1. Potato chips making

One of the profitable business in the food industry. The raw material is potato and the process starts with slicing thin and frying it. The business can be started on a small scale with some small machinery in place.

When you’re done producing the chips, you can package and distribute your potato chips to your customers.

  1. Spice powder production

The spice powder production can be initiated on a small scale. This business entails the grinding and packaging spice that customers will use to spice their food when cooking.

Some of the popular spice here are curry powder, ginger spice, turmeric and so on.

Final thoughts

These top profitable manufacturing business with low investment are what business that works irrespective of where you’re.

One thing you will need to take note is to check to ensure that there is the availability of the products before venturing into the business.

Your turn

What can you add to the top profitable manufacturing businesses with low investment? Feel free to make your contributions by adding your thoughts in the comment box.

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