Consumer goods are the goods bought by the households or end users for their personal/own consumption. These include:
Durable goods are the good used by end users for a long period of time repeatedly and continuously such as major appliances. Generally durable goods have a larger life span with regard to its use.
Semi Durable Goods
These goods have a specific/limited lifespan and can be utilized at multiple occasions such as footwear, linens, clothing, artificial jewellery etc.
Non Durable Goods
Non durable goods are the goods that can be used only once.These have a very short life span and are not reusable. For instance : food, household supplies etc.
Manufactured goods are goods that have been processed in any way. As such, they are the opposite of raw materials, but include intermediate goods as well as final goods.
Consumer goods market largely depends on consumer buying behaviour and the decisions. The buying behaviour differs from user to user and also widely from region to region. Today globally consumer goods market has urged as the major economy generator for the business fraternity. In India the consumer goods market is witnessing a major shift from traditional selling to online and retail selling. At present major players are concentrating in the Consumer goods sector because of its development and increased buying ability of the population.