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10 Dying Industries

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Slideshow of 10 dying industries, based on IBIS' 2011.

Slideshow of 10 dying industries, based on IBIS' 2011.

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10 Dying Industries 10 Dying Industries Presentation Transcript

  • 10 Dying Industries
    AP Images/Lukas Barth
    Source: The 2011 IBIS List
  • Apparel Manufacturing
    Revenue Decline:
    2000-2010: -77.1%
    2010-2016: -8.5%
    (projected)
    AP Images/Moises Castillo
    Outsourcing rears its ugly head. Even American Apparel can’t seem to make it with U.S.-made products.
    Top 10 Dying Industries
    www.vault.com
  • Mills
    Revenue Decline:
    2000-2010: -50.2%
    2010-2016: -10.0%
    (projected)
    AP Images/Matt York
    Facing price pressure from wholesalers, retailers, and consumers, many companies are relocating their operations to foreign countries. Some are abandoning their U.S mills altogether.
    Top 10 Dying Industries
    www.vault.com
  • Video Post-Production Services
    Revenue Decline:
    2000-2010: -24.9%
    2010-2016: -8.0%
    (projected)
    AP Images/Cliff Schiappa
    Video itself is getting lots of play, thanks to new media; but the digital means of capturing it translate to a lot of in-house editing and archiving.
    Top 10 Dying Industries
    www.vault.com
  • Costume and Formal-Wear Rental
    Revenue Decline:
    2000-2010: -35.0%
    2010-2016: -14.6%
    (projected)
    AP Images/Aaron Favila
    Even in recession years, the trend of purchasing costumes and formal wear is still going strong: consumers see re-using the gear as a better value than renting it once.
    Top 10 Dying Industries
    www.vault.com
  • Newspaper Publishing
    Revenue Decline:
    2000-2010: -35.9%
    2010-2016: -18.8%
    (projected)
    AP Images/Dieter Endlicher
    Why wait for the morning paper? You can read the story, watch the video, and like the link on Facebook within minutes of an occurrence. It’s no surprise that news consumers have abandoned print for the web, and advertisers have followed—leaving physical papers in the dust.
    Top 10 Dying Industries
    www.vault.com
  • DVD, Game & Video Rental
    Revenue Decline:
    2000-2010: -35.7%
    2010-2016: -19.3%
    (projected)
    AP Images/Kiichiro Sato
    One word: Netflix
    Top 10 Dying Industries
    www.vault.com
  • Wired Telecommunications Services
    Revenue Decline:
    2000-2010: -54.9%
    2010-2016: -37.1%
    (projected)
    AP Images/Kopin Corp.
    The first cell phone was invented in 1984, weighed 2 pounds, and cost $3,995. Telecom has never been the same. And as smart phones take over, wired phone companies are likely on their last legs.
    Top 10 Dying Industries
    www.vault.com
  • Photo Finishing Services
    Revenue Decline:
    2000-2010: -69.1%
    2010-2016: -39.1%
    (projected)
    AP Images/David Duprey
    Remember when 1-hour photo developing was the height of convenience? Digital photography obliterated that, allowing you to reminisce seconds after taking pictures. And printing is optional.
    Top 10 Dying Industries
    www.vault.com
  • Record Stores
    Revenue Decline:
    2000-2010: -76.3%
    2010-2016: -39.7%
    (projected)
    AP Images/Charles Rex Arbogast
    Some music lovers still cling to the warm sound of vinyl. For the rest of us, there’s the iPod. Or the smart phone. As a result, downloads have largely replaced physical media, affecting production, distribution and, of course, retail.
    Top 10 Dying Industries
    www.vault.com
  • Manufactured Home Dealers
    Revenue Decline:
    2000-2010: -73.7%
    2010-2016: -62.0%
    (projected)
    AP Images/NatiHarnik
    There’s not much positive about the future of the manufactured home industry. It’s facing stagnation after decades of little meaningful product change or advancement.
    Top 10 Dying Industries
    www.vault.com