Industry Analysis & Industry Trends
In recent years, gun and ammunition makers have benefited from conflicts abroad and domestic fears about rising crime rates and stricter gun laws. While continued conflict will support revenue growth, demand for the industry's products will slow in light of diminishing concerns. Imports will satisfy a growing portion of domestic demand, rising at a substantial rate over the next five years... purchase to read more
Industry Report - Starting a New Business Chapter
While there are few explicit barriers to entry, there are some factors that may deter entry. A significant financial investment is required to acquire, maintain and update plant and equipment. This cost may deter some firms from entering the industry. Machinery operators also need to be trained, but these costs are relatively insignificant. The rising level of unemployment in the United States has lowered some of the difficulty in obtaining a workforce with the required skills.
R&D is necessary for product innovation. In order to effectively compete, an entrant should be committed to spending a significant amount on R&D... purchase to read more