"Consumer goods industries comprise of goods which are used for consumption by final consumers".
Consumer goods are finished products. The buyers of these goods are final consumer. These goods are brought to the consumers through wholesalers and retailer. They are essential for the economy because they complement capital goods industries by consuming the industrial production.
Usually buyers of consumer goods are in much more quantity than for capital goods industries. The amount of substitutes is higher in consumer goods industries than in capital goods industries. The level of competition is much higher in consumer industries than in capital goods industries.
Major Consumer Good Industries of Pakistan are as follows:
Consumer goods are finished products. The buyers of these goods are final consumer. These goods are brought to the consumers through wholesalers and retailer. They are essential for the economy because they complement capital goods industries by consuming the industrial production.
Usually buyers of consumer goods are in much more quantity than for capital goods industries. The amount of substitutes is higher in consumer goods industries than in capital goods industries. The level of competition is much higher in consumer industries than in capital goods industries.
Major Consumer Good Industries of Pakistan are as follows:
- Cement Industry
- Confectionery Industry
- Fast Moving Consumer Goods Industry
- Hotel Industry
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