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Manufacturing Franchise Opportunities
Manufacturing franchise refers to production of goods and selling them either directly to the customer or wholesalers or retailers. Manufacturing franchises provide favourable business opportunities for both big and small companies as they deal with both custom and mass production.
Manufacturing franchises for sale listed here produce absolutely different stuff from furniture or tools to clothing with custom design. They are mostly well-established franchise businesses with adjusted working processes. Some of them have already become well-known internationally. Choosing a manufactoring franchise to own, consider what the franchise offer includes and the benefits of it. Many franchisors are ready to share with their partner not only tips on how to start the business but also trainings on all business processes.
Manufacturing Worldwide Market Overview
Benefits of owning a Manufacturing Franchise
Market size 2018
- – US Industry Revenues $2.33 Trillion;
- – US Industry Employment 12.75 Million.
Relevance
- According to the MAPI Foundation, production will grow 2.8% from 2018 to 2021.
Advantages
- – Growing demand for manufacturing franchises;
- – Advancements in Technology;
- – Consumer Shift in Asset Valuation;
- – Modeling for distortion prediction and mitigation;
- – Flexible automation;
- – Additive manufacturing.
Opportunities
- – Reduced costs through flexible and scalable manufacturing franchises;
- – Restructuring and streamlining operations;
- – Growing equipment rental market;
- – High-tech development;
- – Product customization.
Successful practice
- – Investment in innovation;
- – Automation to increase productivity;
- – Energy efficiency franchises;
- – Expanded and tailored product lines;
- – Increased demand from E-commerce.
Trends
- – Increased focus on safety;
- – Emissions compliance;
- – Increased fuel efficiency;
- – Automated guided vehicles;
- – Manufacturing franchises with warehouse control systems.
Segmentation by type
- – Chemical;
- – Fabricated Metal and Product;
- – Machinery;
- – Computer;
- – Other.
10 Business Manufacturing Ideas
- Toy Manufacturer
- Smartphone Accessory Maker
- Plastic Container Manufacturer
- Textile Producer
- Furniture Maker
- Woodworker
- Niche Snack Foods Maker
- Candy Maker
- Bread Maker
- Leather Manufacturer