Industry Analysis for Backpack in Canada
Backpack is included in the baggage industry, which is increasingly growing industry in the world. Industry Analysis for Backpack can be carried out by PEST analysis, which represents Political factors, economic factors, social factors, and technological factors, and by Porter’s Five Forces, which are competitive rivalry, bargaining power of buyers, bargaining power of suppliers, threat of substitute, and threat of New Entrants (Aghazadeh). There are organized and unorganized segments in luggage market of Canada.
PEST Analysis
Political and Legal Factors The political and legal factors that exert their impact on the luggage industry in Canada are stability of the political ...
