Global Cement Industry - Five Forces Analysis

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Intensity of Existing Rivalry moderate Rivalry in the Cement Industry is moderate (Global Cement Industry) Please edit this page to add a description… Relatively few competitors (Global Cement Industry) Few competitors mean fewer firms are competing for the same customers and resources, which is a... Bargaining Power of Suppliers Threat of Substitutes Substitute product is inferior (Global Cement Industry) An inferior product means a customer is less likely to switch from Global Cement Industry to another... Bargaining Power of Customers Demand is inelastic (Global Cement Industry) Please edit this page to add a description… Low buyer price sensitivity (Global Cement Industry) When buyers are less sensitive to prices, prices can increase and buyers will still buy the product.... Product is important to customer (Global Cement Industry) When customers cherish particular products they end up paying more for that one product. This... Large number of customers (Global Cement Industry) When there are large numbers of customers, no one customer tends to have bargaining leverage.... Limited buyer choice (Global Cement Industry) When customers have limited choices they end up paying more for the choices that are available.... Threat of New Competitors High switching costs for customers (Global Cement Industry) High switching costs make it difficult for customers to change which products they normally... Entry barriers are high (Global Cement Industry) When barriers are high, it is more difficult for new competitors to enter the market. High entry... Exit barriers are high (Global Cement Industry) Please edit this page to add a description… High capital requirements (Global Cement Industry) High capital requirements mean a company must spend a lot of money in order to compete in the... Industry requires economies of scale (Global Cement Industry) Economies of scale help producers to lower their cost by producing the next unit of output at lower... What is Porter's Five Forces Analysis? WikiWealth's Five Forces analysis evaluates the five factors that determine industry competition. Add your input to global-cement-industry's five forces template. See WikiWealth's tutorial for help. Is WikiWealth missing any analysis? Check out our entire database of free five forces reports or use our five forces generator to create your own. Remember, vote up global-cement-industry's most important five forces statements.