What is Consumer Goods in Retail? Explained

Consumer goods refer to tangible, often mass-produced products that are intended for personal use and consumption by the general public. This broad category encompasses a wide range of items, including food and beverages, clothing, electronics, household appliances, and everyday necessities. Consumer goods can be further classified into durable goods (such as appliances and furniture) and non-durable goods (like food and toiletries). The consumer goods industry plays a pivotal role in the global economy, influencing market trends, supply chains, and consumer behaviors. As consumer preferences evolve, businesses within this sector continually adapt their strategies to meet the ever-changing demands of the market.