Industry Analysis & Industry Trends
The industry's products are becoming increasingly obsolete in the face of digital media formats and an ever-growing selection of online streaming options. Weakening demand has led many industry operators to stop production entirely or cut costs through consolidation and offshoring. Nevertheless, hope still lies in the growing popularity of 3-D movies, which require discs because of the large file sizes involved... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Recordable Media Manufacturing industry has suffered a sharp decline in demand and production during the five years to 2012. Revenue has fallen as consumers continually show a preference for the convenience and affordability of online content over physical media. Over the 10 years to 2017, industry value added (IVA), a measurement of the industry's contribution to GDP, is projected to decline at an annualized rate of 8.8%. In comparison, during the same 10 years, US GDP is forecast to grow at an average annual rate of 1.8%. Typically, an industry that trails broader GDP growth is classified as being in the decline stage of its life cycle... purchase to read more