What Companies Are in the Consumer Durable Field? The consumer durable industry includes companies that sell products and services that are expected to last more than three years, such as automobiles, furniture, appliances, and electronics.
The industry excludes businesses that sell or repair durable goods as their primary activity, as well as companies that manufacture items such as automobiles or aircraft.
What Companies Are in the Consumer Durable Field?
The List of Companies in the Consumer Durable Field includes:
1. Apple Inc.
Apple is the largest consumer durable company by market capitalization at $2.223 Trillion (as of October 2022). It has been in business since 1976 and sells iPhones, iPods, Mac computers, Apple Watches, and other accessories.
The company has a P/E ratio of 15.5x forward earnings projections which is lower than its historical average of 17x forward earnings projections over the last five years indicating that investors believe it will continue growing at a rate faster than its historical average growth rate which is good news for shareholders looking for long-term gains.
2. Samsung Electronics Co., Ltd.
Samsung Electronics Co., Ltd was founded in 1969 by Lee Byung-Chul who originally started as a trading company but later moved into electronics Samsung Electronics is one of the largest consumer electronics companies in the world. It has its headquarters in Suwon, South Korea, and was founded in 1969 by Lee Byung Chul.
The company makes a wide variety of products including LCD televisions, smartphones, tablets, portable media players, and video cameras. Samsung also manufactures semiconductors, display panels, and flash memory chipsets for other manufacturers such as Apple Inc., LG Electronics Inc., Nokia Corporation, Motorola Mobility Inc., Sony Ericsson Mobile Communications AB, and Toshiba Corporation among others.
3. AsusTek Computer Incorporated
ASUSTeK Computer Incorporated, Taiwan (AsusTek) is a technology company that designs and manufactures computer hardware products, such as personal computers, laptops, and smartphones; computer peripherals; mobile phones; tablet computers and e-readers; networking equipment; servers; electronic components and optical displays
4. Caterpillar (CAT)
Caterpillar sells construction equipment and diesel engines to customers around the world. The company has been operating since 1925 and currently has a market capitalization of $40 billion as of July 2015. Caterpillar operates three segments: Construction Industries; Resource Industries; and Energy & Transportation Systems. Its products include excavators, wheel loaders, tractors, and bulldozers among others.
5. Sony Corporation
Sony Corporation is one of Japan’s largest electronics companies with its headquarters in Tokyo, Japan. It specializes in producing a range of electronic devices including audio equipment such as CD players and headphones; video equipment such as digital cameras; home appliances such as air conditioners; gaming consoles such as PlayStation Portable (PSP) handheld game
6. DELL
Dell sells personal computers as well as computer parts online and through retail stores across the United States and Europe. Dell is one of the most profitable consumer durable companies in the world with a market capitalization of 25.11 billion as of October 2022.
7. Panasonic Co.
Panasonic Co. is a leading manufacturer and distributor of electronic products for the consumer electronics, personal care, and household goods markets. The company’s core strength lies in the creation and development of proprietary technologies that contribute to the evolution of electronic devices worldwide.
Panasonic has an extensive line-up of products, including digital cameras, audio systems, home appliances, laptop computers, mobile phones, and more.
What Companies Are in the Consumer Non-Durable Field?
The consumer non-durable companies offer products that are consumed in one year or less and are not used again. These products include items like food, beverages, tobacco, and personal care items. The top companies in the consumer non-durable field include:
1. Coca-Cola Company
Coca-Cola Company is a carbonated soft drink sold in stores, restaurants, and vending machines throughout the world. It is produced by The Coca-Cola Company of Atlanta, Georgia, and is often referred to simply as Coke (a registered trademark).
Originally intended as a patent medicine when it was invented in the late 19th century by John Pemberton for medicinal purposes, Coca-Cola was bought out by businessman Asa Griggs Candler who popularized it as an affordable fountain drink at soda fountains frequented by people from all walks of life. It has a market capitalization of 237.77 billion as of October 2022 making it one of the most profitable companies in the world and is captured among Fortune 500 companies.
2. PepsiCo
PepsiCo is the second largest Food and Beverages Company, after Nestle in the world with a market capitalization of $234.88 billion. It sells products like Pepsi-Cola, Mountain Dew, Geisha Coffee, Doritos, and Lays Potato Chips. The company also has equity stakes in other companies such as Quaker Oats Company, Tropicana Products Inc., Frito-Lay Inc., Gatorade Company, and Taco Bell Corp.
3. Nestle S.A
Nestlé plc is the world’s largest food and beverage company. It is headquartered in Switzerland, but its products are sold in 190 countries. Nestlé was founded in 1866 by Henri Nestlé. It merged with Maggi in 1905 to form Nestlé & Cie. In 2015, Nestle had a revenue of 72.4 billion euros, with about 8% coming from developing countries. Nestle produces over 7500 brands of food and beverage products. Some of their best-known brands include PowerBar, Nescafé, KitKat, Nespresso, Nesquik, and Perrier water.
Its products include baby food, medical foods, bottled water, breakfast cereals, coffee and tea, confectionery, dairy products, ice cream, frozen foodstuffs, and pet foods. Many of Nestle’s brands are household names around the world. Some of its best-known brands include Nespresso (the world’s largest standalone brand), Nescafé (the world’s most famous instant coffee), Nesquik (the leading chocolate milk powder brand), Stouffer’s (a frozen prepared meal producer), Lean Cuisine (a range of frozen ready meals), Purina PetCare Company (owner of Friskies brand), Gerber Puree baby foods and Milupa infant nutrition among others. It has a market capitalization of 292.22 billion as of October 2022.
4. Unilever
Unilever is a British-Dutch transnational consumer goods company co-headquartered in Rotterdam, Netherlands, and London, United Kingdom. Its products include food, beverages, cleaning agents, and personal care products. It is the world’s third-largest consumer goods company measured by revenues (after Procter & Gamble and Nestlé) and the world’s largest producer of foodservice frozen foods. The company is a member of the FTSE 100 Index.
5. Merck & Co., Inc.
Merck & Co., Inc. (known as Merck Sharp & Dohme outside the United States and Canada) is an American pharmaceutical company and one of the largest pharmaceutical companies in the world by revenue] The company was established in 1891 as the United States subsidiary of the German company Merck, which was founded in 1668 by the German chemist and pharmacist Friedrich Jacob Merck in Darmstadt, Hesse.
6. McDonald’s Corporation
McDonald’s Corporation is an American corporation that franchises and operates McDonald’s restaurants worldwide. It has been serving hamburgers and various other foods since 1955 when businessmen Ray Kroc bought out the original owner named Maurice and Richard McDonald who had opened a restaurant business as a roadside barbecue drive-in restaurant in San Bernardino, California, USA. As of 2012, McDonald’s is the world’s largest restaurant chain by the number of locations. McDonald’s is a household name in many countries of the world.
7. Patanjali Ayurved Limited:
Patanjali Ayurved Limited (PAL) is an FMCG company founded by Baba Ramdev along with Acharya Balkrishna in 2006. PAL manufactures and sells ayurvedic medicines, foods, and toiletries under its brand name ‘Patanjali’. The company claims that it has been generating more than Rs 5,000 crore in revenue per annum since 2013-14. It has been ranked as one of the fastest-growing FMCG companies in India by Euromonitor International in its report titled ‘Global 500’ for 2015-16 as well as 2016-17.
8. Emami Limited
Emami Limited has over 20 brands including Nihar, Santoor, and Kaya in its portfolio. It also owns two subsidiary companies: Emami Paper Products Ltd (EPPL) and Pudra Overseas Pvt Ltd (POPL). They make body creams, body lotions, and hair products.
9. Loreal
Loreal is a cosmetics and beauty manufacturing company based in France. The company owns 36 brands in 150 countries. As of October 2022, it has a market cap of 174.06 billion.
10. Godrej Consumer Products Ltd
Godrej Consumer Products Ltd (GCPL) manufactures consumer goods like soaps, detergents, and shampoos under its brand name “Godrej”. It also manufactures fragrances.
Conclusion
Consumer durable and non-durable companies are good career paths; it depends on your interest and preferences. Both types of companies are sustainable and highly rewarding.
Read Also: What Companies are in the Consumer Service Field?
