Industry Analysis & Industry Trends
If writing by hand has gone out of style, the Art and Office Supply Manufacturing industry is feeling the effect. The industry's profit margin is contracting as a result of diminishing domestic demand, intense price competition and external competition from substitute technologies and imports. In the coming years, as operators deal with falling demand and high competition, downsizing and consolidation are expected to continue... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Art and Office Supply Manufacturing industry has a medium level of market share concentration, with the industry's top four players estimated to make up 53.9% of industry's revenue in 2016. The remainder of revenue is divided among 444 companies, which are mostly small to medium-sized enterprises.
In addition, the total number of industry operators has decreased at an annualized rate of 3.9% to 448 companies over the five years to 2016, as underperforming companies were forced to merge with larger competitors or exit the industry altogether. Slowing demand conditions and strong competition have resulted in consolidations, mergers and acquisitions and company exits over the past five years... purchase to read more