If you believe that photo paper is overpriced by the manufacturers, please offer some reasonable explanations why so many have either gone out of business or forced to reorganize. I doubt it is as profitable as some posters here believe.
Exactly. You have to have a marketing department to sell the stuff, and product managers who manage the technical side of the portfolio. Then you have a sourcing department to come up with all of the raw materials; gelatin, paper base, silver, chemicals, etc. You have a production facility with machines that need personnel and maintenance, and don't forget energy bills. You have storage facilities (specialized) with temperature controlled environments. Then there's the R&D department with engineers, and please don't forget about owners, administrative staff, management, and so on. Packaging, quality control, logistics, transportation, mail and delivery... Property taxes, building loans, trips to photography shows, and staff employed to visit us here at APUG to answer our questions. All of it costs money.
In the price we pay, it's also included transportation cost, and then cost of inventory at both distributors and stores, plus profit for both.
I stand by my earlier assessment that I can't believe that a box of paper is as inexpensive as it still is, all things considered.