2 Kitchen Utensils Distributor Success Stories [2024]
The global cookware market size has been growing rapidly, and it is expected to expand at an annual growth rate of 6.5 for the next years.
One way to profit from the growing market is to start a utensils wholesaler business. To start, decide what kitchen utensils to focus on, then identify the best manufacturers so you supply quality to your target customer.
In this list, you'll find real-world kitchen utensils distributor success stories and very profitable examples of starting a kitchen utensils distributor that makes money.
1. Pdd Falcon - Prazision Deep draw Pvt. lts ($936K/year)
After appearing on the popular TV show Shark Tank India, Sneha and her husband Chirag realized the market potential for premium quality stainless steel storage and drinkware. They launched PDD Falcon in 2017, offering a range of more than 300 products. With over 5 million customers served across 18,000 pin codes and a forecasted revenue of 12 crore for FY 2022-23, PDD Falcon has become a leading brand in India's home and kitchenware industry.
How much money it makes: $936K/year
How much did it cost to start: $2.5M
How many people on the team: 300
PDD Falcon is a family-owned brand that manufactures premium stainless steel storage and drinkware, serving over 5 million customers across 18,000 pin codes in India with a projected revenue of Rs 12 cr and valuation of Rs 25 cr for FY 2022-23, achieved through a network of 40 distributors and various major online portals.
2. Humble Blades ($24K/year)
In a bold and risky move, Chris Sofia decided to start a custom knife business with no prior knowledge or experience in the industry. Armed with only his passion for knives and a desire to break free from the corporate world, Chris invested his last unemployment check into purchasing materials and embarked on a journey of trial and error. Through perseverance and dedication, he honed his skills and turned his passion into a successful handmade knife brand, attracting customers through authenticity and personalized customer service. As he looks towards the future, Chris aims to scale his business and become a true leader in the industry.
How much money it makes: $24K/year
How much did it cost to start: $5K
How many people on the team: 1
Chris Sofia shares how he turned his passion for knives and his marketing and design background into a bespoke knife-making business with a focus on authenticity and customer service, using social media as his primary marketing tool.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
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