This and also once an industry declines the infrastructure to support that industry disappears so a cottage industry has to increase their margins to compensate

This and also once an industry declines the infrastructure to support that industry disappears so a cottage industry has to increase their margins to compensate to even have a chance to break even. Given the risk to reboot its natural to want to recoup as much as possible with scale. Add to this increased wages, inflation etc etc and the breakeven threshold is sufficiently high to be prohibitive save for the overly optimistic, ambitious and well funded. Business is hard sometimes. However business is not a zero sum game and everyone wins when there are wins. Especially when those wins create new secondary industries Adding to the overall infrastructure that make possible and lower the barrier to entry for everyone else.