?????? Understanding the Consumer Durables Industry
?????? Meaning of Consumer Durables
Consumer durables refer to goods that have a long lifespan and are not consumed
immediately. These products provide continuous utility over several years and usually
involve higher purchase value.
They are characterized by:
Longevity: Typically used for 3–10 years.
Capital-intensive manufacturing: Requires advanced technology and robust supply
chains.
After-sales service dependency: Continuous servicing and spare parts availability.
Brand-driven purchase behavior: Strong brand identity and trust play major roles in
buying decisions.
?????? Key Segments of the Industry
White Goods:
Refrigerators, washing machines, air conditioners, microwaves.
Brands: LG, Whirlpool, Samsung, Godrej, Haier.
Brown Goods:
Televisions, audio systems, home theatres, and computers.
Brands: Sony, Philips, Panasonic, Xiaomi, OnePlus.
Small Appliances:
Mixers, grinders, toasters, irons, vacuum cleaners.
Brands: Bajaj, Havells, Morphy Richards, Crompton Greaves.
Consumer Electronics:
Mobile phones, laptops, tablets, wearables.
Brands: Apple, Samsung, Lenovo, Dell, Realme.
Smart and Connected Devices:
Smart TVs, IoT-based home automation devices, security systems.
Growing focus on “Make in India” IoT manufacturing clusters.
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