Who are the primary customers of manufacturing business?

1. Original Equipment Manufacturers (OEM)

OEMs are companies that purchase components or parts from manufacturing businesses to assemble their own products. For instance, a car manufacturer might purchase engines, transmissions, and other parts from various manufacturing businesses to build cars.

2. Industrial Wholesalers and Distributors

These companies purchase large quantities of products from manufacturing businesses and then resell them to other businesses or end-users. They play a crucial role in distributing products to various markets and ensuring that they reach the end consumers.

3. Retailers

Retailers purchase products from manufacturing businesses to sell directly to consumers. They can range from small, independent stores to large chain stores and online retailers.

4. Government and Public Institutions

Government agencies, schools, hospitals, and other public institutions often purchase products and services from manufacturing businesses for various purposes, such as infrastructure projects, equipment procurement, and maintenance.

5. Service Industries

Companies in the service industry, such as transportation, healthcare, and hospitality, may source products and components from manufacturing businesses to support their operations.

6. Other Manufacturing Businesses

Manufacturing businesses may also serve other manufacturing businesses by supplying them with raw materials, components, or sub-assemblies that are needed for their own production processes.

7. International Customers

With the increasing globalization of trade, many manufacturing businesses also export their products to international markets. This can include selling to overseas distributors, retailers, or end-users.

These primary customers represent a diverse range of industries and sectors that rely on manufacturing businesses for their supply of products and components.