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What companies are in the consumer durables field? Top 10

Businesses and industries are essential to the development of a nation, and consumer durables companies are no exception. It is vital to the growth of a country. Over the years, these consumer goods companies have continued to grow and become a force to be reckoned with.

You might be wondering what sustainable businesses mean. These companies produce consumer goods that do not wear out quickly. And therefore are only sometimes bought. These goods can generally last up to three years and more. 

Such items include air conditioners, refrigerators, dishwashers, laptops, washing machines, etc.

Various companies manufacture these brands, but in this article, we will look at the top 10 companies in the consumer durables field in no particular order.

Top 10 consumer durables companies in the world

Apple

apple

Apple is an American multinational technology company specializing in consumer electronics, software, and online services. It was founded by Steve Jobs and is headquartered in California, USA. 

It is a leading global consumer goods company manufacturing laptops, computers, smartphones, tablets, and smartwatches, among several others. 

Apple is the largest technology company, with total revenue of $365.8 billion in 2021 and June 2022. It is the largest company in the world by market capitalization.

Many people consider it an iconic brand representing everything modern and stylish. They are renowned for the superb quality and durability of their products.

Samsung 

Samsung 

Samsung has become a household name by producing various products like phones, refrigerators, televisions, and home appliances. It is a South Korean multinational conglomerate headquartered in Seoul, South Korea.

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Samsung products are often referred to as the “Galaxy” series. It provides several services to its customers, such as warranty and support. When talking about durability, Samsung immediately comes to mind. It has earned its place among the leading consumer durable goods companies through various technological advancements.

Sony

Sony

It is a Japanese multinational conglomerate headquartered in Tokyo. It is one of the world’s largest consumer and professional electronics manufacturers, the largest video game console company, and the most significant video game publisher. 

Like other multinationals, Sony has created a niche for itself and has continued to evolve over the years with various technological advances. Sony must take advantage of this list when quality sustainable companies in the world are mentioned.

IBM

IBM

International Business Machines Solutions, popularly known as IBM, is also one of the largest technology companies in the world. It started in 1911 as the Computing-Tabulating-Recording Company (CTR) but was changed to IBM in 1924. Its headquarters are in New York.

IBM is known for producing and selling computer hardware and software. 

It has been a research and development company, such as floppy disks, hard disks, etc. 

IBM designed computer chips for Microsoft Corporation Xbox 360. 

Currently, the company holds over 40,000 patents in its portfolio. As for the leading companies producing computer chips, supercomputers for the government, and large enterprises of Toshiba, IBM has earned its place and built a reputation as a giant in this niche.

LG

LG

LG is a South Korean multinational corporation headquartered in Seoul. The Korean company is known for its household and kitchen appliances. It also manufactures a wide range of products, such as LCD and LED monitors, microwave ovens, air conditioners, smartphones, refrigerators, washing machines, music players, microwave ovens, and a host of others. 

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Hitachi

Hitachi

Hitachi offers a wide range of commercial products ranging from power systems to computing, and electronics, to name a few. Hitachi is well known for its selection of consumer appliances, including refrigerators, microwaves, kitchen appliances, small appliances, washing machines, air conditioners, air purifiers, dehumidifiers, and many other consumer devices. 

Toshiba

Toshiba

Toshiba is also one of the world’s leading consumer durables companies, offering various consumer devices. It provides PCs, laptops, and air conditioners, among several others. 

It has become a household name due to its technological prowess and thus ended its place in the world’s top 10 companies in the consumer durables field.

Intel

Intel

Intel Companies, also known as Intel, is the world’s largest microchip maker by revenue. It has become a household name that anyone who has used the computer should see the name. It is a giant in the computer world since it provides microprocessors to companies like HP, Dell, Acer, and Lenovo. 

He came to leave his mark in the sands of time for having accomplished many giant steps. Thus earning its place among the best durable consumer goods companies in the world. 

Microsoft Company

Microsoft

Microsoft is one of the leading developers of software for personal computers. The name Microsoft tells you something. The American electronics and software multinational are best known for its Windows operating system. 

Microsoft Office suites, Internet Explorer and Edge web browsers are famous in their long portfolio. The company is headquartered in Washington, USA. Even for the blind, it is evident that Microsoft cannot be left out when the top ten companies in the world are mentioned.

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Fujitsu

Fujitsu

Fujitsu is a Japanese multinational computer equipment and services company. It was the world’s sixth-largest IT service provider by revenue in 1921. It produces and supplies various products, such as computer hardware, software, networking solutions, and mobile phones.

Conclusion 

From the above, it is evident that these consumer durables companies have a wide range of products, including computers, laptops, chips, microprocessors, etc. They have left their mark over time, producing some of today’s innovative gadgets used in our homes or offices. 

These companies have made leaps and bounds globally and cannot be omitted when talking about the top ten consumer durable goods companies. The next time you buy durable goods, which of these 10 companies in the consumer durables field will you frequent?