Consumer goods are products that are purchased by individuals for personal use or consumption. These goods are typically divided into two categories: durable goods and nondurable goods. Durable goods, such as appliances and vehicles, are items that have a long lifespan and can be used over an extended period. Nondurable goods, on the other hand, are items that are consumed quickly or have a short life span, such as food, beverages, and toiletries.
Consumer goods are essential to everyday life and are available in various forms, from everyday necessities to luxury items. They are sold in retail environments and are a major component of the economy, influencing consumer behavior and purchasing patterns. Generally, consumer goods are the final products that reach the end user, distinguishing them from intermediate goods, which are used in the production of other goods or services.
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