10 Most Profitable Business in Pakistan 2022 – Get the list of the top 10 most profitable business ideas to start a business in Pakistan.
10 Most Profitable Businesses in Pakistan: Pakistan has shown enormous growth in the past decade and it’s expected to continue growing at an exponential rate over the next decade. If you want to capitalize on this growth, there are plenty of great options when it comes to doing business in Pakistan.
10 Most Profitable Businesses in Pakistan 2022
But if you’re looking for maximum return on investment, the following 10 businesses will give you the biggest bang for your buck. These businesses are listed in order from most profitable (first) to least profitable (10th). This list does not include online businesses or franchises, only brick-and-mortar stores, and other offline ventures.
1) Construction & Real Estate
Not many countries are doing as well as Pakistan when it comes to construction and real estate. With a population of over 200 million people and a rapidly expanding middle class, there is plenty of room for growth. The construction industry alone is worth $50 billion USD per year, but it’s only getting started. In fact, figures estimate that by 2022 construction will be worth an astounding $100 billion USD—and that’s not even counting property sales or rents!
Aside from growing at such a rapid rate, real estate prices are also very affordable in comparison to other first-world countries; meaning it doesn’t take much capital to get into business and make some serious profit (And many Pakistani families can afford to pay cash on hand). This means you can start your own real estate company with little more than a couple of thousand dollars—which is great news if you don’t have any money to start with.
While you might have heard of big names like Emmar Properties, Arshad Group, and Bahria Town; they aren’t necessarily small businesses. But if you want to break into something new, something less saturated—there are tons of opportunities waiting for you right now! And if you really want to succeed in construction and real estate, it pays off to learn about these opportunities early on so that way you can plan ahead accordingly…
2) Transportation (Motor Vehicles and other means)
In addition to passenger cars, motor vehicles include trucks, buses, motorcycles, scooters, and bicycles. The automobile industry is one of the most lucrative industries in Pakistan because transportation plays a major role in Pakistani’s day-to-day lives. In addition to passenger cars, motor vehicles include trucks, buses, motorcycles, scooters, and bicycles. Keeping up with growing demand will be an important factor for success as manufacturing more vehicles translate into more profits.
Supply and demand determine market value; therefore it is important to supply products that consumers want or need at a fair price point. The companies mentioned below are doing just that: BMW Group has been successful in increasing its sales volume by focusing on high-end luxury automobiles. Moreover, Mercedes Benz was able to increase its vehicle production by focusing on a niche market: sports utility vehicles (SUVs).
Toyota is another company capitalizing on local demands by expanding its sales from family sedans to multi-purpose SUVs and light commercial vehicles (LCV). Currently, Honda is exploring new possibilities in hybrid technology which would help them compete against other companies looking to develop alternative fuel sources. However, there are challenges involved with starting such businesses.
3) Telecommunication
Since time immemorial, people have looked to communication as a means of creating societal bonds. It’s no wonder then that across human history, humans have invested heavily in creating mediums and methods for socializing. Today, we have entire industries dedicated to ways to converse with one another; we even communicate over vast distances using electromagnetic waves traveling hundreds of times per second through fiber optic cables.
Communication is more than just a way of speaking; it is also a means by which economies prosper and relationships can grow from mundane acquaintances into meaningful interactions. Whether you’re looking to start your own business or find one that suits your interests, it pays off to consider those industries built around communication—and telecommunications has a lot going on! In fact, 2017 was a big year for telecom companies.
According to data compiled by Forbes, global revenues rose 3% between 2016 and 2017. In fact, revenues are projected to rise 6% between 2017 and 2020. As such, if you’re interested in starting up a new business or looking to invest in an existing company, consider getting involved with telecom companies! Here are some of our favorite reasons why
4) Entertainment and Leisure
This is a $1.2 trillion industry, making it one of the largest industries out there. Within entertainment and leisure, the top four subsectors are gaming (legal), movies and video, music, and spectator sports. The biggest growth area is mobile gaming; a staggering 62% of all Americans play games on their mobile devices. That’s 691 million people just on smartphones!
In terms of dollars earned from mobile games alone, the US market pulls in $5 billion annually — showing how big an opportunity it really is. By 2022, we expect revenues to be well over $7 billion per year. While console gaming has fallen off slightly as more users move towards mobile, console game revenue should still reach $3.6 billion by 2022. As with other sectors, technology will continue to have a huge impact on entertainment and leisure in ways that are hard to predict today.
Virtual reality headsets like Oculus Rift could provide an entirely new experience while also opening up possibilities for new business models within existing categories like gaming and movie theaters. Movie studios may need to rethink how they release films as consumers look for even more unique experiences outside of traditional theaters or TV screens — perhaps something akin to what Netflix has done with House of Cards or Orange Is the New Black?
5) Media & Communication
For example TV, Radio, and Media Adverts. With its roots originating from Latin and Greek words; ‘Mediates’ means middle & ‘Communica’means communicate. So effectively it is a direct form of communication through a medium such as radio or newspaper which provides information to an audience. The audience can be internal (within a company) or external (to customers).
As long as there has been a television or radio station on our planet, media has played an integral role in human lives; no matter where you are in your studies or career path; chances are you will have some interaction with media. Whether that is your own media creation, consumption of media content from another creator, or simply watching television to unwind after work. It is worth noting that any business can benefit from using media as part of their marketing strategy, whether they are selling products or services.
For example, if a business wants to sell its products online it could use social media advertising to increase brand awareness and reach potential consumers who might not otherwise hear about them. In addition, businesses can also use social media platforms such as Facebook and Twitter to interact directly with consumers by answering questions and responding to comments made by users. This gives companies an opportunity to address any concerns raised by potential customers before they decide whether or not they want to buy something.
6) FMCG (Fast Moving Consumer Goods)
The consumer goods industry was valued at $1.5 trillion in 2016 and is expected to grow further-reaching $2.4 trillion by 2021. A significant chunk of it belongs to fast-moving consumer goods that are produced, packaged, or distributed quickly: food, beverages, cosmetics, cleaning products, and such. The FMCG sector offers entrepreneurs considerable opportunities.
And competition—in a variety of market segments: packaged foods (such as grocery items), general merchandise (such as health-related products and cosmetics), home-care (cleaning supplies), and personal care products (soaps and shampoo). The more mature industries like food service have also been expanding their offerings from traditional concepts like sandwiches to higher-end fare such as gourmet cheesecakes or cupcakes.
7) Information Technology & Services
This sector comprises companies that offer information technology (IT) services, outsourcing, and business process management. IT services include IT consulting, business analysis, software programming, and systems integration. Outsourcing companies provide cost-effective human resources support to other businesses. Both subsectors specialize in handling highly complex jobs.
While such complex jobs have helped drive growth in these sectors, they also pose risks of conflicts of interest with clients when an outsourcer may serve multiple clients with common needs. In addition, fast growth has created some job market shortages in these industries that must be overcome to sustain growth in the future.
8) Education (Schools, Colleges, Universities, etc.)
Education is a cornerstone of future prosperity. Countries whose populations are well-educated fare better on all sorts of economic and social measures, while poorly educated ones lag behind. For example, GDP per capita is strongly correlated with average years of schooling completed: good jobs rely on higher skills. Globally, China has long been regarded as a tech powerhouse.
But take a look at its population’s level of education and you see why it’s doing so well economically. In contrast, many Sub-Saharan African countries with relatively high GDP per capita lag behind because their citizens aren’t getting as much education—and may never be able to afford it because they don’t have enough income to invest in their own development.
9) Banking and Financial Services
The demand for financial services is set to increase as disposable income increases over time. Furthermore, financial service sectors are expected to benefit from an upsurge in technology-enabled banking services like mobile and internet banking. As these trends progress, there will be a further growth of high-interest online savings accounts and e-wallets that allow consumers to get higher returns on their deposits while also improving their investment options.
This could see a growth of almost 19% by 2022 in terms of revenue, meaning that bank accounts, loans, and credit cards will continue to be used heavily by Pakistani citizens over the next five years. Financial service sectors are expected to benefit from an upsurge in technology-enabled banking services like mobile and internet banking.
10) Healthcare
Healthcare is one of those industries that seems poised to be significantly impacted by technology. Robots, artificial intelligence, and machine learning will revolutionize healthcare over the next decade as they can perform tasks with greater precision than humans and are immune to distractions or emotional reactions. Additionally, they can analyze large amounts of data and offer recommendations based on medical evidence that’s ever-increasing.
Healthcare is a great industry to invest in because it tends to have strong demand regardless of whether we’re experiencing recessionary cycles or economic booms, plus there’s a lot of innovation happening within healthcare now. Indeed, there are a number of businesses that are focused specifically on developing technology geared toward improving care delivery.
Conclusion
Overall, businesses that build trust will see growth and expansion. If you have an idea or are involved with a company that is focused on building and improving trust, you may have a very good business. It will not be easy to build trust but it can be done. Start by being honest about everything you do and standing behind your word in every interaction with customers.
Nothing builds trust faster than transparency and honesty. This doesn’t mean your product or service needs to be free of problems, it just means you must be honest about them and go out of your way to provide solutions whenever possible.
