Declining Industry

Declining or stagnant industries are experiencing declining demand for their products. Rapid growth will probably not reoccur in the industry and the decline may accelerate. Over time as competition intensifies, the number of competitors usually declines and the larger firms in the industry often increase their market share.

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Copyright © 2004-06 by D. J. Power (see his home page). PlanningSkills.COM^sm is maintained by Alexander P. and Daniel J. Power. Please contact them at webmaster@dssresources.com with questions. See disclaimer and privacy statement. This page was last modified on Tuesday, June 26, 2007.