Do you want to start a small welding and fabrication business? If yes, find here a list of the most profitable business opportunities in the welding and fabrication industry.
Basically, welding and fabrication come under the light engineering segment. And with proper knowledge and skill, any individual can start a small business in this sector. Additionally, an initiative in this segment demands small capital investment.
According to industry experts, the global welding market is expected to grow at a CAGR of 5.3% to reach USD 19.76 billion by 2025. And there are sufficient reasons behind it. These are rapid urbanization and infrastructure development, especially in emerging economies of countries like India, China, and others. The Asia Pacific and Europe together account for more than 53% of the global market size.
Apart from infrastructure, the automobile industry holds a prominent share. And the rapid technological advancements in the automotive industry encourage the demand further.
Regularly, the automotive industry uses welds for joining two components in the production of vehicle components and bodies. However, the selection of welding material depends upon the type of end use. So, the reputed welding company brands in the industry itself offer a wide range of business opportunities for weld professionals and entrepreneurs.
List of 10 Welding & Fabrication Business Ideas
#1. Aluminum Door Window Manufacturing
If you want to start a small business in this industry, then you can consider the aluminum door window manufacturing business. Nowadays, the demand for aluminum fabricated materials is growing rapidly. And some of the most popular items are the door, window, glass window frame, handrails, stairs, etc. With a small space, you can start this business.
#2. Aluminium Ladder Manufacturing
The aluminum ladder has demand in both the domestic and industrial markets. The aluminum ladder manufacturing process is simple. And you need a small space for operation. However, the business is working capital intensive. Hence, you will need to invest in procuring raw materials.
#3. Canopy Structure Service
Actually, an aluminum canopy is a small structure fastened over the exterior of a door or window. Also, sometimes it comes over a terrace to protect it from rain, wind, or sun. Sometimes the entire unit comes from aluminum, or it may have an aluminum frame holding a protective element of glass, fabric, or polycarbonate.
You can start a canopy structure providing service at your locality. Simply, the business demands a mobile welding machine and other supplies.
#4. MIG Supply Service
Actually, MIG stands for metal inert gas. Generally, highly experienced welders use this type of welding. Basically, the process refers to the use of electricity to melt and fuse pieces of metal together. Out of the various welding styles, MIG is probably the most basic of all. So, you can start a MIG supply service business for your local welders.
#5. Mobile Welding Service
If you want to start a business without establishing a unit, then starting a mobile welding service business is just perfect for you. Generally, a mobile weld professional provides the service at the customer’s doorstep. Therefore, the business allows you a home-based operation. However, you must have an arrangement for easy transport.
#6. Ornamental Gate Making
Actually, an ornamental decorative gate improves the aesthetics of the entire property. So, in most cases, people buy this type of gate for their home, garden, or yard. Additionally, you will find an ornamental gate in the commercial buildings also. Starting this type of business demands sound welding knowledge with some architectural conception.
#7. Steel Furniture Making
Nowadays, steel furniture items are becoming hugely popular. Because of their lightweight, durability, and cost-effectivity, people tend to buy this type of furniture. A steel furniture-making business demands expertise in steel fabrication. Some of the most popular steel furniture items are almirah, tables, chairs, racks, etc.
#8. Welding Equipment Selling
Even if you are not a welding professional, you can start this business. Nowadays, there are several ways you can explore starting welding equipment selling business. Definitely, you can open a brick-and-mortar store for selling the equipment.
Also, you can consider selling online from your own website. Some of the basic welding equipment includes stick welders, TIG welders, MIG welders, multi-process welders, advanced process welders, etc.
#9. Welding Machine Selling
If you are an expert and know the ins and outs of different types of welding machines then you can consider this business. The business is all about selling tools and equipment to other fabrication business organizations.
There are several machine manufacturers who look for distributors or retailers areawise. You can definitely check the opportunity and go for a business deal with a reputed welding machine brand. For every machine you sell, you will get a commission for that.
#10. Wrought Iron Furniture Making
If you want to start a low-cost business in the welding and fabrication industry, then you can consider the wrought iron furniture manufacturing company. Nowadays, this specific type of furniture is gaining tremendous popularity. Not only in metro cities but also in suburban and small towns are the big market.
The longevity of this product is also more and the product remains elegant and beautiful for a long time. Moreover, this furniture can carry any weight and size and cannot be destroyed easily.
Any individual can start a welding and fabrication business with a moderate investment. However, it needs skill, expertise, and specific knowledge about the industry.
Editorial Staff at NextWhatBusiness is a team of Business Consultants having years of experience in small and medium scale businesses.