consumer durables

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Consumer durables

Consumer products that are expected to last three years or more, such as an automobile or a home appliance.

Durable Merchandise

Consumer products designed and intended to last longer than three years. Some examples of durable merchandise, such as cars, are expensive, while others, such as forks and knives, are not. Companies that produce durable merchandise can be volatile, as their profits fluctuate according to how often their customers need more of their products. Durable merchandise is also called consumer durables or durable goods.

consumer durables

consumer durables

CONSUMER GOODS such as television sets, motorcars and microwave ovens which yield satisfaction to consumers over relatively long periods of time rather than immediately. Consumer durables tend to be purchased infrequently by a consumer, and are generally expensive items which are often purchased on CREDIT terms. Compare CONSUMER NONDURABLES. See GOOD.

consumer durables

CONSUMER GOODS, such as houses, cars, televisions, that are ‘consumed’ over relatively long periods of time rather than immediately. See Fig. 158 (b) (PRODUCT LIFE CYCLE) for details of market penetration for a number of consumer durable products. Compare CONSUMER NONDURABLES.
References in periodicals archive ?
According to IFMR, this is the first pure play consumer durable securitisation transaction to be placed in India in over a decade.
In table 1, under national income and product account (NIPA) measures, the categories under services of consumer durables and nonmarket services are zero because they are not included in NIPA GDP.
The excise duty on cars, sport utility vehicles (SUVs), two-wheelers, consumer durables and capital goods was cut in the Interim Budget in February to help tide over the demand slump.
The bank has also launched a special festival loan for its salary account holders for purchase of consumer durables and two-wheelers.
According to Gfk, the top five consumer durable products for Christmas 2006 will be: mobile phones, with expected monthly sales of over 3m units in December 2006, and an estimated spending of GBP167m; satellite navigation units, with estimated spending of over GBP80m, compared to GBP50m in 2005, and over 200,000 units sold; laptops, with estimated spending of GBP200m, compared to GBP177m in December 2005, and 300,000 units sold; MP3 players, with estimated sales of approximately 1m; as well as shavers.
The State Bank has allowed banks for financing consumer durables, a move to boost the industrial and trading activity in the country.
In addition to the possibility of a break in confidence, we do not know how far the adjustment of the stocks of consumer durables and business capital equipment has come.
Neeraj has an extensive experience of over 20 years in setting and scaling up business of top consumer durables brands in India.
In the first- ever India Today Group- Marketing and Development Research Associates survey of the best consumer durable brands in India, over 3,000 respondents voted for Apple as the best brand in two segments-- mobile phone and laptop.
And, with the Reserve Bank of India cutting key rates, marketers feel this will lower interest rates and therefore augurs well for the consumer durable finance space.
Dubai Islamic Bank Pakistan Limited (DIBPL) has declared the launch of the first of its kind Consumer Durable Finance product.
5 per cent on interest rates for auto and consumer durable loans to rev up demand during the festive season.

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