Understanding Consumer Non-Durable Goods: What They Are and Why They Matter
Consumer non-durable goods are products that are consumed or used up within a short period of time, usually less than three years. These goods are also known as fast-moving consumer goods (FMCG) or consumer packaged goods (CPG). Examples of consumer non-durable goods include food, beverages, toiletries, cleaning products, and other household items.
Consumer non-durable goods are an essential part of our daily lives. They are products that we use and consume on a regular basis, and they play a significant role in our overall well-being. These goods are also an important part of the global economy, with the FMCG industry being one of the largest and most profitable industries in the world.
One of the key characteristics of consumer non-durable goods is their short lifespan. Unlike dur...