consumer durables - meaning and definition. What is consumer durables
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What (who) is consumer durables - definition

GOOD THAT DOES NOT QUICKLY WEAR OUT
Difference between hard goods, soft goods, and dry goods; Durable Good; Hard good; Consumer durables; Consumer durable; Durable goods; Durables; Hard goods; Consumer Durables
  • Stopping the production of non-durable goods was supported by many European respondents to the European Investment Bank Climate Survey. It was a less popular idea in China.

consumer durables         
¦ plural noun products expected to have a long useful life.
consumer durable         
(consumer durables)
Consumer durables are goods which are expected to last a long time, and are bought infrequently. (BRIT; in AM, use durable goods
)
N-COUNT: usu pl
durables         

Wikipedia

Durable good

In economics, a durable good or a hard good or consumer durable is a good that does not quickly wear out or, more specifically, one that yields utility over time rather than being completely consumed in one use. Items like bricks could be considered perfectly durable goods because they should theoretically never wear out. Highly durable goods such as refrigerators or cars usually continue to be useful for several years of use, so durable goods are typically characterized by long periods between successive purchases.

Durable goods are known to form an imperative part of economic production. This can be exemplified from the fact that personal expenditures on durables exceeded the total value of $800 billion in 2000. In the year 2000 itself, durable goods production composed of approximately 60 percent of aggregate production within the manufacturing sector in the United States.

Examples of consumer durable goods include bicycles, books, household goods (home appliances, consumer electronics, furniture, tools, etc.), sports equipment, jewelry, medical equipment, and toys.

Nondurable goods or soft goods (consumables) are the opposite of durable goods. They may be defined either as goods that are immediately consumed in one use or ones that have a lifespan of less than three years.

Examples of nondurable goods include fast-moving consumer goods such as cosmetics and cleaning products, food, condiments, fuel, beer, cigarettes and tobacco, medication, office supplies, packaging and containers, paper and paper products, personal products, rubber, plastics, textiles, clothing, and footwear.

While durable goods can usually be rented as well as bought, nondurable goods generally are not rented.

Examples of use of consumer durables
1. HyperCity sells grocery, fresh foods, garments and consumer durables.
2. The consumer durables component was up 1.03 percent.
3. They are apparel, home furnishings, consumer durables and agricultural products.
4. The Russian consumer durables market totaled $6 billion in 2004.
5. The appetite for consumption for consumer durables is increasing.