Durables
What are Consumer Durable Products?
Consumer durables are physical products designed to provide value and utility over an extended period of time. They differ from fast-moving or consumable goods because they are not quickly used up and are intended to last for years.
Key characteristics of consumer durables:
- Designed for long-term use
- Typically last three years or more
- Provide repeated or continuous utility
- Require higher upfront investment compared to consumables
- Often come with maintenance, repair, or service needs
- Can be reused, refurbished, or resold
- Have a slower replacement cycle
In the context of subscription and circular economy models, consumer durables are well-suited for renting, reusing, and circulating among multiple customers. Examples include:
- Electronics (laptops, tablets, smartphones)
- Home appliances (washing machines, refrigerators, microwaves)
- Furniture (sofas, beds, office chairs, wardrobes)
- Mobility products (bicycles, e-bikes, scooters, cars)
- Baby and kids’ products (strollers, cribs, car seats, toys)
- Sports & fitness equipment (treadmills, exercise bikes, gear)
