Chinese Fireworks - Five Forces Analysis

Chinese Fireworks - Five Forces Analysis

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Intensity of Existing Rivalry

Exit barriers are low (Chinese Fireworks) When exit barriers are low, weak firms are more likely to leave the market, which will increase the...
Large industry size (Chinese Fireworks) Large industries allow multiple firms and produces to prosper without having to steal market share...

Bargaining Power of Suppliers

High competition among suppliers (Chinese Fireworks) High levels of competition among suppliers acts to reduce prices to producers. This is a positive...
Low cost of switching suppliers (Chinese Fireworks) The easier it is to switch suppliers, the less bargaining power they have. Low supplier switching...

Threat of Substitutes

Substitute has lower performance (Chinese Fireworks) A lower performance product means a customer is less likely to switch from Chinese Fireworks to...
Substitute is lower quality (Chinese Fireworks) A lower quality product means a customer is less likely to switch from Chinese Fireworks to another...
Substitute product is inferior (Chinese Fireworks) An inferior product means a customer is less likely to switch from Chinese Fireworks to another...

Bargaining Power of Customers

Large number of customers (Chinese Fireworks) When there are large numbers of customers, no one customer tends to have bargaining leverage....

Threat of New Competitors

What is Porter's Five Forces Analysis?

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