Is Consumer Durables A Good Career Path
Suppose you’ve been debating whether pursuing a career in the consumer sector is a wise move. If that is the case, our post will provide you with the ideal response to the question “Is Consumer Durables A Good Career Path in 2022?” as well as some advantages of doing so.
Is a Career in Consumer Durables a Good Option in 2022?
Yes! Young professionals looking to improve their skills and earn sustainable incomes in the consumer non-durables sector are sure to be excited.
There are many options for those looking for jobs in the consumer non-durable sector. The textile industry offers many opportunities to advance and grow their careers. Companies like Procter & Gamble Unilever, Coca-Cola and PepsiCo offer international career opportunities, including internships.
Most companies in the consumer non-durable industry are concerned about their employees’ well-being. Consumer non-durables is a promising career choice for 2022 young workers. The benefits and perks include health and insurance benefits, severance and retirement pay for employees, as well as a gym and fitness training facility within the company.
The consumer business is a worthwhile career route because it revolves around producing consumer goods, making it a viable career choice.
To address customers’ expectations for goods and products, the consumer business provides numerous prospects for growth and advancement. Over the past years, the industry has expanded to become a significant source of employment for the expanding population.
Reasons to Consider a Career in Consumer Durables in 2022
Technology intervention has been a key factor in the consumer industry’s growth. In order to stay in line of the latest trends, businesses need personnel who are tech-savvy, and they regularly train their staff members and offer workshops to help them advance their careers.
Therefore, one of the main reasons the consumer business is a desirable career path is the possibility of employees receiving training in the most recent technological advancements that will be advantageous to them in the long run.
But why is working in consumer goods thought to be rewarding? This article outlines the advantages of working in the consumer durables sector and the necessary skills for success.
Skills Required for Success in the Consumer Durables Sector
There has been an increase in employment in the consumer durables sector over the previous few years. Still, a survey by rickorford.com predicted that by June 2022, less than 3 million Americans would have managerial and sales representative roles in this sector.
We will list the skills you need to succeed in the durable consumer industry because it is expected that the increase in jobs in this sector will make it difficult to find employment. As a result, you will need to stand out from your competitors.
1. Research and Comprehend the Subject
Understanding the field in which you work and the products sold is one of the first skills you’ll possess to succeed in this industry. Doing so will help you get better at marketing to customers.
2. Acquire Expertise
Another important factor in the consumer durables sector is experience. While some jobs in this sector may require a degree, most call for a skill or credential.
So, becoming more skilled and experienced is very valuable in this industry. Employers will value you if you have a lot of experience in this industry.
Consumer durables are expensive things, which is the most evident cause. Individuals frequently want to deal with a reliable partner when making a big purchase like this. a knowledgeable person who is ready to assist them if anything goes wrong.
3. Display Competence
Consumer goods are a very competitive market. Businesses need to adapt and keep on top of trends since they are constantly seeking ways to enhance their offerings and attract new clients.
What Advantages Do Jobs in Consumer Durables Offer?
High salaries are the main advantage of operating in the consumer durables sector.
Consumer durables are incredibly profitable. Your pay would undoubtedly increase if a product was consistently in demand.
Your Career Advances
Some consumer goods companies will assist you in acquiring new talents while you’re employed, including IT fundamentals and leadership abilities. This will aid in their employees’ professional advancement.
You Can Change The World
You may make someone’s day a little bit easier by helping them choose the greatest product to suit their needs or by helping them develop a product. One of the obvious advantages of working in the consumer durables sector is this.
What Jobs Can You Expect In Consumer Durables?
The duties of a few consumer durables jobs, together with their salaries, are listed below.
Products Manager
A product manager supervises all facets of creating, developing, and introducing new goods.
He might also spend his days looking into customer trends, creating new features, collaborating with engineers to create prototypes, and overseeing the manufacturing process.
Strong project management abilities and familiarity with the product development cycle are required.
Product managers make $9,166 per month and $110,000 per year.
Sales Representative
Sales agents are in charge of marketing and selling the firm’s goods to distributors or end-users.
This could entail creating product displays with store managers, creating marketing collateral, or providing product presentations.
You would require great marketing abilities and in-depth product knowledge to succeed as a sales representative.
Sales agents make $6,009 per month and $72,115 per year.
Product Designer
A product designer is in control of creating a product that satisfies consumer demands and is well-liked by customers.
In addition to being visually appealing, consumer durables should also be reasonably priced and offer good value.
Product designers are paid $81,456 per year and $6,788 per month.
Marketing Manager
One of the most hardly filled positions in the sector of consumer durables is this one.
The burden of managing and estimating budgets falls on the marketing manager.
Additionally, you must create a sales contract and an ad contract. To advertise the business and its goods, you are there.
Earnings for a marketing manager are $11,872 per month and $142,470 per year.
Business Analyst
The consumer sector is led by business analysts, who study the commercial side of life and develop durables that would be profitable for the company.
They evaluate and analyze the business demands of the sector to enhance and develop business operations using data analysis. They collaborate with every department in the company to accomplish this efficiently.
Business analysts are paid $6,833 per month and $82,000 per year.
Accounts Manager
A customer’s accounts, including contracts, agreements, and negotiations, are managed by an account manager.
He creates, preserves, and solidifies enduring relationships with clients.
Account Managers make $6,991 per month and $83,900 per year.
The benefits of working in the Consumer Non-durables Industry
Employees in the consumer industry have many benefits. This is something that job seekers who are looking for employment in this industry should consider. Here are some benefits:
1. Opportunities for advancement and training
Regular training is a positive aspect of these companies, which are involved in the production of non-durable consumer goods.
They may employ non-professionals to train them and make them competent to perform in the roles they have been assigned.
This training stage, along with self-development training is meant to help them achieve and bring out the best in themselves.
This allows workers to expand their skills and knowledge while also allowing them to pursue new opportunities in their chosen profession.
2. Many departments are available to accommodate staff.
There are hundreds of departments in the oil and gas industry that can accommodate large numbers of employees.
The majority of companies that fall under Non-durable consumers are large firms with billions and millions of dollars in annual revenues.
These organisations are able to grow and hire qualified professionals in response to the ever-increasing market demand.
3. Opportunities for regular employment
The consumer non-durables industry is one of the most desirable industries to work in. This is because, aside from regular vacancy updates, you will be promoted when necessary and the remuneration promises to be high.
Many job openings are created by companies like Coca-Cola and Unilever. Qualified job seekers can apply without having to have any connections.
4. Motivating and great compensation.
For many people who are passionate about humanity, being part of the industry is fulfilling and motivating.
You can also travel abroad and meet new people, as well as receive a monthly salary.
The table below shows companies that are in the Consumer Non-Durables Field.
COMPANY | MARKET VALUE (JAN-2022) |
PROCTER AND GAMBLE COMPANY | $393.820 Billion |
NESTLE AG | $372.720 Billion |
UNILEVER GROUP | $137.220 Billion |
ESTEE LAUDER COMPANIES | $127.760 Billion |
CHRISTIAN DIOR | $143.380 Billion |
PHILIP MORRIS INTERNATIONAL | $154.340 Billion |
PEPSICO | $240.690 Billion |
NIKE | $248.460 Billion |
L’OREAL | $249.140 Billion |
COCA-COLA COMPANY | $260.590 Billion |
DIAGEO | $123.290 Billion |
ALTRIA GROUP | $91.427 Billion |
BRITISH AMERICAN TOBACCO | $89.470 Billion |
ANHEUSER-BUSCH IMBEV | $109.500 Billion |
COLM Columbia Sportswear Co | $5.9Billion |
CROX Crocs Inc | $4.6Billion |
DECK Deckers Outdoor Corp | $7.3Billion |
COLGATE-PALMOLIVE COMPANY | $71.170 Billion |
RECKITT BENCKISER GROUPE | $62.297 Billion |
WESFARMERS | $47.592 Billion |
FIGS FIGS Inc | $3.2Billion |
GENERAL MILLS | $41.362 Billion |
GIVAUDAN SA | $46.065 Billion |
HBI HanesBrands Inc | $5.3Billion |
TE CONNECTIVITY | $51.743 Billion |
List of the Top-Paying Jobs in Consumer Non-Durables 2022
Due to an increasing population and rising demands, the consumer non-durables industry is growing rapidly. Many companies are now investing in consumer non-durables products.
The demand for labour will rise with thousands of companies expanding production and increasing their workforces around the globe.
Learn: The Best-Paying Jobs in Capital Goods 2022
Here’s a list of the highest-paying jobs in non-durable consumer goods:
1. Pharmaceutical Manufacturing
Humans and animals alike need medication and other pharmaceutical products. The pharmaceutical manufacturing industry is one of the most lucrative in the non-durable consumer sector.
This industry requires experts and professionals in a variety of positions. These include analysts and researchers, lab specialists, and labourers who ensure that final goods reach consumers.
Salary.com indicates that the median pay for drug-producing professionals in this industry is $25 an hour, $168 in 7 Hours, $840 per week, and $3,360 per Month.
The median compensation for certified pharmacists or drug specialists is over $125,000 annually, without any other remuneration or bonuses. This makes the pharmaceutical manufacturing industry one of the most lucrative jobs in the non-durable consumer sector.
What does a Consumer Non-Durable Job in a Pharmaceutical Company pay?
Here’s how much pharmacists make in the US.
The top 10 states where pharmacists make the most in the United States
- California: $152,011
Alaska: $151,493
New Jersey: $150 459
Massachusetts: $148,064
Connecticut: 147,248
New York: $146.023
Washington: $145,342
Rhode Island: $143,437
Delaware: $142,893
Hawaii: $142,784
2. Beauty and cosmetic industry
One of the most promising fields for job seekers is the cosmetic industry. Although the opportunity is vast, it is important to understand the nature and requirements of the job.
A job in the cosmetics sector may be the perfect career choice for someone who is passionate about beauty products. Cosmetics jobs can be part-time or full-time.
The cosmetics industry has more than one million jobs (from manufacturing to retail). The industry is expected to grow at between 10% and 15% as more people require cosmetics.
International cosmetic companies such as Unilever Group and P&G are among the fastest-moving, largest non-durables manufacturing firms. They also have all-year-round recruitment.
L’Oreal, a French cosmetics and beauty products manufacturing company, is located in France. It is one of the largest companies in France that employ thousands of people in non-durable consumer goods.
The beauty and cosmetics industry has a high salary and it is easy to climb the ladder in non-durable consumer companies.
The average cosmetic and beauty industry job is worth $69,251.
3. Food Manufacturing
There is no other food industry like it. As animals and humans need to eat to remain healthy, the demand for food is constant.
There are many high-paying jobs available. Understanding the industry is essential. A degree in food science, product design, logistics and food value chain management can help you reach the top.
According to BLS data, the average hourly wage for all occupations in food production is $23.50.
The average hourly wage for production workers and those not working in administrative positions is more than $20.
4. Companies that produce farm tools and agricultural equipment
Farm tools production requires you to be physically strong. You might consider the responsibilities and requirements that this industry brings. This is a highly lucrative industry that pays the best in non-durable consumer goods. It also offers many benefits to its employees.
Companies pay workers between $25- $35, depending on their position and responsibility.
5. Shoes and wears
The United States generates the largest global footwear market revenues ($86.1 Million), followed by Brazil ($49.6 Mill), China ($66.1 Mill), Japan ($27.9 Mil), and Russia ($15.8 Mil) Many companies have been able to grow their workforce by seeing a steady increase in revenue over the last few years.
Nike, Inc.’s headquarters in Oregon employs close to 75,000 people and has an annual revenue of $38.7 billion (see table below).
The Latest salaries by job title and department
The annual salary at Nike Inc. is $119.348, or $57 an hour. The median salary is $109.730 or $52 an hour.
Take a look at this table to see that the footwear and footwear industries are among the highest-paying in the non-durable consumer industry.
Top Shoe Manufacturers and Companies from the USA
Below is information about the most prominent shoe-making companies in America, along with their annual sales and number of employees.
Company | Headquarters | No. No. | Annual Sales | |
1. | Nike, Inc. | Oregon | 74,400 | $38.7 Bil |
2. | VF Corporation | North Carolina | 70,000 | $12.3 Bil |
3. | Coach, Inc. (Tapestry, Inc.) | New York | 21,000 | $6 Bil |
4. | Under Armour, Inc. | Maryland | 15,800 | $5.2 Bil |
5. | Skechers USA, Inc. | California | 11,800 | $4.64 Bil |
6. | New Balance Athletics, Inc. | Massachusetts | 8,000 | $4 Bil |
7. | Caleres Inc. | Missouri | 13,400 | $2.57 Bil |
8. | Genesco Inc. | Tennessee | 21,000 | $2.2 Bil |
9. | Wolverine World Wide Inc | Michigan | 4,000 | $2 Bil |
10. | Deckers Brands | California | 3,200 | $1.9 Bil |
11. | Steve Madden, Ltd. | New York | 3,800 | $1.4 Bil |
12. | Crocs, Inc. | Colorado | 4,000 | $1 Bil |
13. | Kenneth Cole Productions, Inc. | New York | 1,600 | $576 Mil |
14. | Weyco Group | Wisconsin | 640 | $320.5 Million |
15. | Rocky Brands, Inc. | Ohio | 1,600 | $259 Mil |
16. | Iconix Brand Group Inc | New York | 122 | $187 Million |
17. | R.G. Barry Corporation | Ohio | 119 | $114 Million |
Information from Thomasnet.com and owler.com, dnb.com, manta.com and zoominfo.com.
6. Paper Manufacturing
Paper is a commodity that must be kept in circulation, despite their non-durability. Paper-related products like paper towels, tissue, napkins, bathroom tissue and printer paper are in high demand. This ensures that the industry is able to continue growing and increasing its workforce. These products are often used quickly and need to be replaced regularly.
This is one of the highest-paid consumer jobs, particularly in the US. According to the BLS, paper production pays around $29 an hour. The average hourly rate of production and non-supervisory workers is around $24, which is among the highest-paying jobs in this industry. ZipRecruiter estimated that the average annual salary for workers in paper manufacturing was $56,535
7. Petroleum and the oil and gas industry
The most lucrative and highest-paying non-durable sector is the oil and gas industry.
Because they produce and sell gasoline and other products that can be used directly, the oil-and-gas industry is one of the less durable sectors.
This industry is known for its high-paying salaries and large employee base. It’s not surprising, as there are many departments that offer many positions, including engineers, ITs and marketing. Sales, branding, production, logistics, and other roles are all available.
You can find civil engineers, geoscientists and chemical engineers in the engineering department.
The Salary Range in Oil & Gas and Energy is between 31,000 USD per Year (minimum annual salary) and 197,000 USD (maximum annual salary, actual maximum higher).
The median annual salary for Oil & Gas and Energy workers is 81.900 USD. This means that 50% of those working in this industry earn less than 81.900 USD, while the other half make more than 81.900 USD.
Are Consumer Non-Durables a good career path in 2022?
Yes! Young professionals looking to improve their skills and earn sustainable incomes in the consumer non-durables sector are sure to be excited.
The consumer business is a worthwhile career route because it revolves around producing consumer goods, making it a viable career choice.
To address customers’ expectations for goods and products, the consumer business provides numerous prospects for growth and advancement. Over the past years, the industry has expanded to become a significant source of employment for the expanding population.
There are many options for those looking for jobs in the consumer non-durable sector. The textile industry offers many opportunities to advance and grow their careers. Companies like Procter & Gamble Unilever, Coca-Cola and PepsiCo offer international career opportunities, including internships.
Most companies in the consumer non-durable industry are concerned about their employees’ well-being. Consumer non-durables is a promising career choice for 2022 young workers. The benefits and perks include health and insurance benefits, severance and retirement pay for employees, as well as a gym and fitness training facility within the company.
The benefits of working in the Consumer Non-durables Industry
Employees in the consumer industry have many benefits. This is something that job seekers who are looking for employment in this industry should consider. Here are some benefits:
1. Opportunities for advancement and training
Regular training is a positive aspect of these companies, which are involved in the production of non-durable consumer goods.
They may employ non-professionals to train them and make them competent to perform in the roles they have been assigned.
This training stage, along with self-development training is meant to help them achieve and bring out the best in themselves.
This allows workers to expand their skills and knowledge while also allowing them to pursue new opportunities in their chosen profession.
2. Many departments are available to accommodate staff.
There are hundreds of departments in the oil and gas industry that can accommodate large numbers of employees.
The majority of companies that fall under Non-durable consumers are large firms with billions and millions of dollars in annual revenues.
These organisations are able to grow and hire qualified professionals in response to the ever-increasing market demand.
3. Opportunities for regular employment
The consumer non-durables industry is one of the most desirable industries to work in. This is because, aside from regular vacancy updates, you will be promoted when necessary and the remuneration promises to be high.
Many job openings are created by companies like Coca-Cola and Unilever. Qualified job seekers can apply without having to have any connections.
4. Motivating and great compensation.
For many people who are passionate about humanity, being part of the industry is fulfilling and motivating.
You can also travel abroad and meet new people, as well as receive a monthly salary.
Conclusion
We hope this answers your question, “Will a Career in Consumer Durables Be Good in 2022?” This article perfectly addresses the question.
The consumer durables sector is particularly profitable because there are so many different products coming to the market that there are always prospects and chances to advance.
To stay on top of your game, you must stay up to date with current trends.
Working in the consumer goods sector can be a great way to grow your career and can also be a great way to maximize your income.