Are you searching for the most profitable woodworking business ideas? Find here a list of top woodworking business opportunities you can start with low investment and make good money.
Woodworking is comparatively an easy business to start with a small startup capital investment. If you can initiate the business at home, then the only investment aspects are some hand tools and wood as raw materials. However, you may need to have some other items for decoration purposes. Any individual can start this business on a part-time or full-time basis.
Wood makes products that cater to a wide range of items. Broadly, it includes furniture, home decor, utility items, and jewelry.
Additionally, there are several ways of selling wood products. You can sell those items from home, from crafts fairs, from online marketplaces, and even from your own online store. Additionally, you can sell from local gift retail stores or furniture retailers.
List of 20 Most Profitable Woodworking Business Ideas
#1. Bangle Stand
It is a craft item. Generally, women are the main consumer of this item. Additionally, it is a decorative and effective product. The bangle stand-making process is also simple.
#2. Beer Mug
Wooden beer mugs are innovative products. You can create different types of wooden beer mugs with different shapes and sizes. It is in the present day one of the most lucrative woodworking business ideas.
Generally, there are two different types of bookshelf that are popular in the market. One is an open type and another is a closed type. However, the demand for open-type bookshelf is much higher than for closed type.
#4. Business Card Holder
A wooden business card holder is often considered a promotional corporate gift. It is million dollar industry now. Additionally, you can make a different variety of wooden business card holders with some simple tools.
Wooden coasters have great demand. Different types of creative wooden coasters are also very good gift items. Additionally, the coaster-making process is also simple.
The cabinet is a useful and decorative item also. It has wide household and office usage. Here also you can make different innovative cabinets by using simple tools. You can also create a customized cabinet as per the client’s specifications.
#7. Candle Holder
Various different types of wooden candle holders are very much popular and the making process is also simple. It is a low-valued item and you can expect a good margin from a wooden candle holder.
#8. Cutting Board
The cutting board is a kitchen utility item. It comes in different sizes. This product is very popular and you can make different types of cutting boards by having some simple tools.
#9. Dining Utensils
Dining utensils cater to a wide range of products. Additionally, these are luxury items. You must maintain quality to get long-term success in this business. It is without saying, making wooden dining utensils is one of the most lucrative traditional woodworking business ideas in the country.
#10. Jewelry Box
The Wooden jewelry box is a traditional item. Different types of jewelry boxes come in different sizes and patterns. Additionally, these boxes are very effective for travelers to keep their jewelry properly.
#11. Kitchen Utensils
People use different types of wooden kitchen utensils every day. And these items are essential household goods. You must produce good quality kitchen utensils with an attractive look.
#12. Photo Frame
Broadly you can find two types of photo frames. One is the wall hanging and another is the table stand. This is a very popular gift item also.
#13. Plant Pot
You can design different types of plant pots according to your customer’s preference. Generally, a plant pot is used on the window side or on the balcony for decorating the plants.
#14. Sitting Arrangements
Various different types of sitting arrangements with the table are considered home decor items. These are also very popular as outdoor or patio furniture. You can produce different types of innovative sitting arrangements with simple woodworking tools.
#15. Storage Box
It is essential household furniture and is also considered a decor item. Storage box with a sitting arrangement is a very popular wood-related manufacturing concept. You can make different types of storage boxes with innovative patterns.
#16. Wall Hangings
Wooden wall hangings are very popular home decor items. And the item caters to a wide range of variety. However, identify the taste of the local people and create attractive items for fast selling.
The wardrobe is an essential furniture item and it is used in almost every home. You can make different types of wardrobe with door and without door also. Making wooden wardrobes though a little competitive is still among the most profitable woodworking business ideas in this part of the world.
#18. Wooden Desktop Accessories
Wooden desktop accessories are very prestigious office items. It is a combo type of item. Generally, comes with a pen stand, date calendar, etc.
#19. Wooden Pen
Nowadays wooden pen is a very good promotional gift item. And for that purpose, people buy wooden pens in bulk quantities. You can start a wooden pen-making business by having simple woodworking tools and with a small startup capital investment.
#20. Wooden USB Drive
Wooden USB drive is an innovative product now. It is also considered a gift item. The crafting process is also simple. You can start this business from home.
We hope, this list of woodworking business ideas will help every individual to take a decision in selecting the product for the wood business.
Rupak is the founder of MUVSI. He is a small business consultant by profession. His mission is to make people know how to make money and understand personal finance for a better living.