Industry Analysis & Industry Trends
The Window Coverings Manufacturing industry has undergone a difficult five-year period. Shoppers are becoming increasingly prudent and knowledgeable, making it harder for operators to get away with high profit margins. Domestic manufacturers are also facing growing competition from the online segment and imports, which has severely limited the industry's growth in the five years through 2012-13. IBISWorld estimates revenue to contract by 0.7% during 2012-13 to reach $809.6 million. The industry has not enjoyed a single year of growth since 2007-08 and industry revenue is expected to contract by an annualised rate of 0.9% in the five years through 2012-13.
The level of domestic demand in the industry has grown by about 0.4% per annum in the five years through 2012-13... purchase to read more
Industry Report - Starting a New Business Chapter
The barriers to entry in this industry are mainly low due to technology and increasing competition from foreign imports. Manufacturers have to establish manufacturing facilities that not only require skilled labour but also capital equipment. Considering the current market conditions, new entrants are likely to experience difficulty in raising adequate debt or capital to fund such a venture. Furthermore, the threat of cheaper imports means that new entrants will have to be able to produce at significantly lower costs in order to secure a position in the market. This means that the newcomer must already possess prior knowledge and can introduce cost saving improvements to the current business model... purchase to read more