Substitute Products (Textile industry)

The availability of substitute products hurts Textile industry’s ability to raise prices, because customers can easily switch to another product or service… … "Substitute Products (Textile industry)" will have a long-term negative impact on this entity, which subtracts from the entity's value. "Substitute Products (Textile industry)" is an easy qualitative factor to overcome, so the investment will not have to spend much time trying to overcome this issue.