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Headphone Manufacturing in the US: Market Research Report
The industry is positioned for a marginal recovery, after fast-paced offshoring and falling consumer spending led to significant declines over the five years to 2013. Headphone manufacturers will increasingly rely on new marketing tactics like celebrity endorsements to garner revenue, while renewed consumer spending will bolster growth. Nevertheless, import penetration will cut into long-term revenue growth.... purchase to read more
Potential entrants into this industry may encounter limited access to technology and skilled employees. The latest technological advancements can also be costly to new entrants, as can the initial costs to buy capital and production facilities to start-up operations. Highly skilled labor can be scarce because existing companies are already attractive employers.
Moreover, it can take years to create a well-known, recognizable and trusted brand name within a highly competitive market. Established large firms also have relatively low per-unit costs. Scale can also increase negotiating power in purchasing raw materials, which represents a substantial cost category.
Imports also pose an informal barrier to entry into the Headphone Manufacturing industry...
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