Industry life cycle

WIMCO was established in 1923 during British India and has, since then, pioneered the industry from growth, maturity and now during decline.

The matchbox industry has had perhaps one of the flattest graphs in maturity and even now in decline. The matchbox industry barely growing at 1% per annum will plateau at an estimated point of loss in 2 decades from now, is clearly in its decline phase (considering even the rural market).