The development cycle of the bar code ribbon industry has four stages, respectively:
Entrepreneurial stage: At this stage, the number of enterprises is small, the market concentration is low, the product homogeneity is high, and the market competition is fierce.
Collectivization stage: At this stage, the number of enterprises is larger, the market concentration is moderate, the product homogenization is higher, and the market competition is more intense.
Standardization stage: At this stage, the number of enterprises is larger, the market concentration is higher, the degree of product homogeneity is lower, and the market competition is more moderate.
Fine stage: At this stage, the number of enterprises is small, the market concentration is high, the degree of product homogeneity is low, and the market competition is more fierce.