Top Small Manufacturing Business Ideas Poised for 2024 Success

Top Small Manufacturing Business Ideas Poised for 2024 Success

Top Small Manufacturing Business Ideas Poised for 2024 Success

Top Small Manufacturing Business Ideas Poised for 2024 Success

idea
CORPORATE OFFICER AND ADVISOR, STRIPE

Claire Hughes Johnson

PRESIDENT, PRODUCT AND BUSINESS, STRIPE

Will Gaybrick

HEAD OF GLOBAL SALES, STRIPE

Eileen O'Mara

REVENUE AND FINANCIAL MANAGEMENT, STRIPE

Vivek Sharma

HEAD OF PRODUCT MARKETING, STRIPE

Tanya Khakbaz

FOUNDER, PULLEY

Yin Wu

View on desktop.

Business

idea
CORPORATE OFFICER AND ADVISOR, STRIPE

Claire Hughes Johnson

PRESIDENT, PRODUCT AND BUSINESS, STRIPE

Will Gaybrick

HEAD OF GLOBAL SALES, STRIPE

Eileen O'Mara

REVENUE AND FINANCIAL MANAGEMENT, STRIPE

Vivek Sharma

HEAD OF PRODUCT MARKETING, STRIPE

Tanya Khakbaz

FOUNDER, PULLEY

Yin Wu

View on desktop.

Business

idea
CORPORATE OFFICER AND ADVISOR, STRIPE

Claire Hughes Johnson

PRESIDENT, PRODUCT AND BUSINESS, STRIPE

Will Gaybrick

HEAD OF GLOBAL SALES, STRIPE

Eileen O'Mara

REVENUE AND FINANCIAL MANAGEMENT, STRIPE

Vivek Sharma

HEAD OF PRODUCT MARKETING, STRIPE

Tanya Khakbaz

FOUNDER, PULLEY

Yin Wu

View on desktop.

Business

Starting a niche manufacturing business allows entrepreneurs to leverage specialized market growth. These 10 sectors are poised for success for small startups in 2024 and offer sustainable prospects when optimized with solutions like the real-time HESH MES system.


Trend 1: Customized Baked Goods

With bespoke bakeries set for steep 24% expansion from 2019-2024 (Freedonia), personalized cake pops, artisanal cookies, and customized pies present a savory startup opportunity. Limited edition flavors and tailored ingredients drive this craze.


Trend 2: Eco-Friendly Toys

Ethical toys made from bamboo, recycled materials, and non-toxic dyes are booming thanks to eco-conscious parents. This market could surge at 5.2% CAGR through 2026 as sustainability values heighten (Kenneth Research).


Trend 3: Adaptive Fashion

Innovations making clothing easier to wear for people with disabilities - like magnetic buttons or pull-on pants - make this an inclusivity-focused niche rising exponentially (Orbis Research).


Trend 4: Natural Skincare

The natural self-care movement and demand for custom natural soaps, face oils, and cosmetics rockets this segment towards 9.6% CAGR between 2022-2027 (Grand View Research) - perfect for handmade small batches.


Trend 5: Pet Accessories

As the pampered pet industry swells to $281 billion by 2024 (American Pet Products Association), producing unique bandanas, hemp treats, and toys lets creators cater to adoring pet parents.


Trend 6: Metal Fabrication Services


Offering welding, precision machining, rapid prototyping and fabrication services has untapped potential as bigger competitors shy away from small, specialized orders.


Trend 7: 3D Printed Jewelry

Thanks to accessible 3D printing technology, independent jewelers can disrupt the market by sustainably printing customized rings, pendants, earrings in small affordable production runs.


Trend 8: Contract Electronics

Manufacturing small batches of circuit boards, connectors, and other electronics on a contract basis allows startups to stake a claim in this growing offshoot industry.


Trend 9: Microdistilleries


Craft spirits like artisanal vodka, gin, and whisky crafted in micro distilleries gain consumer traction thanks to localized small-batch production methods.


Trend 10: Made to Order Furniture

One-of-a-kind, tailored furnishings and statement pieces allow creative application of woodworking and 

metalworking skillsets while meeting customer specifications.


HESH MES for Result-Driven Production

Solutions like HESH, an advanced real-time Manufacturing Execution System (MES), enable businesses to boost efficiency over 45% quicker manufacturing cycles (HESH data). This raises productivity and order fulfillment rates while lowering defects by 24% (HESH). Inventory optimization through HESH also facilitates cutting excess goods by 90% (HESH), freeing up working capital for small operations.

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© 2024 Hesh Inc.

Let's try HESH

Follow us

© 2024 Hesh Inc.

Let's try HESH

Follow us

© 2024 Hesh Inc.

Let's try HESH

Follow us

© 2024 Hesh Inc.