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Consumer Durables are a type of Consumer Goods and Services that are designed to last for a long period of time. They are typically used for everyday activities and are often expensive to purchase. Examples of Consumer Durables include furniture, appliances, electronics, and automobiles. These items are typically used for a long period of time and are often replaced when they become outdated or no longer function properly.
Consumer Durables are often seen as a long-term investment, as they are designed to last for many years. This makes them a popular choice for consumers who are looking for a product that will last for a long time. Additionally, Consumer Durables often come with warranties and other guarantees, which can provide peace of mind for consumers.
Some of the major companies in the Consumer Durables market include Samsung, LG, Sony, Apple, Whirlpool, and Ford. These companies produce a wide range of products, from electronics to automobiles, and are well-known for their quality and reliability. Show Less Read more