Recently, we have dedicated ourselves to helping people channel their course in life. We provide them with useful tips on which industry is best to pick a career. We understand that choosing a career path is important, so we are not holding anything back to make sure you get the right information you need. In that theme, we will be helping to provide an answer to the question, ‘is consumer non-durable a good career path?’
The consumer non-durable industry could be a promising career path for anyone with love for manufacturing. The industry comprises companies that produce consumer goods that are used and replaced in a very short time. Usually, this is not more than 3 years, and examples of these products are packaged food and drinks.
The industry deals more with the production of everyday products that people need. So if you don’t mind picking a career in such a field, you should keep reading this post. Here, we will show you some promising things about the consumer non-durable industry that make it promising to choose a career. So let’s get a deeper dive as we look into ‘is consumer non-durables a good career path?’
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Is Consumer Non-Durables A Good Career Path?
Let’s quickly answer the question before we go into more details about the topic. If you are really concerned about if consumer non-durables is a good career path, then the answer is yes.
Because of the high demand for the products produced in the industry, there is always a high demand for people to work there. There are numerous job opportunities in the industry for anyone who wants to go into it.
Pay is attractive, and you will get the chance to work in companies even beyond the shores of your country. That means international career opportunity is quite high in the industry.
Compared to other industries like banking and finance, where their products are abstract, the physical products produced in the consumer non-durable industry make it more satisfying to work there. Job satisfaction is high because you get to see the products you produce and how it’s doing in the market.
Now that you have an idea that the consumer non-durable industry could be perfect for you, let’s take a step further. Let’s consider some more reasons the industry is an interesting one. But first, let’s see what consumer non-durables are and some of its examples.
Consumer Non-Durables; What Exactly Are They?
In case you are not even sure of what the industry is all about, let’s talk a little about it. Consumer goods, in general, are goods produced for final consumers. Unlike products produced in the basic industries which are meant to be used by other manufacturing companies, consumer goods are produced to be used straight away by the final consumer.
However, consumer goods are also divided into two categories –durable and non-durable goods. As the name implies, durable goods are products meant to serve consumers for a long time. Examples include furniture, cars, garden tools, and kitchenware. Although these products are produced for final consumers, they can be used and reused again and again before thinking of a replacement.
On the other hand, consumer non-durable goods are meant to be replaced after a short time – mostly after the first use. Because of that, consumers have to buy these products every time to satisfy their needs. Examples of consumer non-durables are packaged food and drinks, medicine, paper products, etc.
Common Consumer Non-Durable Industries; How Much Do Workers Earn There?
One of the major factors that drives what career path one chooses is payment. Everyone wants to know how lucrative an industry is before choosing to pursue a career there. Generally, the consumer non-durable industry is lucrative because of the high demand for people to work there.
But even within the industry, companies don’t pay their workers equal. So, let’s take a look at some common sub-industries in the consumer non-durable industry and what salary looks like for workers there.
Food manufacturing industry; $24 per hour
This is a major industry in consumer non-durables. The products produced by the companies here are highly non-durable. But since both humans and animals will always need food to survive, there is always a high demand for products produced in the food manufacturing industry. And that’s the reason these companies are always looking for people to work with them so they can scale up production and meet consumer needs.
If you are interested in picking a career in the food manufacturing industry, then there is a wide range of positions you can fit into based on your skills and education levels. Common positions there are machine operators, food science professionals, batch makers, packers, etc. For someone working in the food manufacturing industry, you can expect to earn an average of $24 per hour.
Pharmaceutical manufacturing industry; $24 per hour
This is another interesting industry to consider for anyone asking, ‘is consumer non-durables a good career path?’ Products produced by companies in this industry are always in high demand. Everyone wants to be fit and healthy, and medications play a critical role in ensuring this. So irrespective of your education level, there will always be a job opening available for you in the pharmaceutical manufacturing industry – unless you don’t want to pick a career there.
Common positions here include laboratory technicians, production workers, scientists, and researchers. Workers in the industry can expect to earn an average of $24 per hour. But for the highly educated scientists and researchers in the industry, the pay can be more than $125,000 per annum.
Paper manufacturing industry; $24 – $29 per hour
Who doesn’t use paper products in their daily lives? Almost everyone uses the products produced by the paper manufacturing companies, so there is always a high demand for workers to help them meet the increasing demand. Whether it be for production or scientific roles, there will always be a job available for you in the industry.
Some items produced by the industry include paper towels, tissues, toilet paper, napkins, and notebook paper. The average pay for workers there is $24 per hour for production and nonsupervisory workers, while office workers can earn up to $29 per hour working in the paper manufacturing industry.
Wholesalers; $26 per hour
Of course, when other companies in the consumer non-durables finish producing their products, they will need some people to help them get the products down to the final consumers who need them. That is why wholesalers are also an important part of the industry. If production is not really your thing, and yet love the consumer non-durable industry, you can pick a career in the wholesalers industry and be satisfied with what you do.
Companies and businesses in this industry need people to fill up different roles, including sales representatives, freight movers, shipping workers. Truck drivers, etc. In this industry, the average pay a worker gets is $26 per hour plus some other interesting compensations.
Is Consumer Non-Durables A Good Career Path; Some Factors to Consider
Let’s learn about “Is Consumer Non-Durables A Good Career Path” in detail:
Let’s take a deeper dive into the question as we consider some reasons we think the industry could be perfect for anyone seeking a career in the production industry.
#1: There are several job opportunities
This is a big deal in the job market today. Youths of nowadays want to choose a career in an industry they can be sure of getting a job whenever they are ready. Of course, the consumer non-durable industry is great in that aspect. There are lots of job opportunities there. There is high demand for consumer products, and companies in the industry are always looking for people to work for them to meet up with the huge demand for their products.
#2: Payment is really attractive
This is usually the major thing people consider when they ask, ‘is consumer non-durables a good career path?’ And, of course, jobs in the industry are really lucrative. Payment is attractive and comes with lots of other incentives and remuneration benefits.
Workers in Coca-Cola, for instance, earn around $82,000 per year with additional incentives averaging to about $12,000 every year. Indeed that’s good pay for anyone working in such a company.
#3: There are different job types in the industry
Dot you have a flair for production? There is always a position in the consumer non-durable industry perfect for you. There is a variety of job opportunities in the industry, providing enough options for job seekers. Again, in a company like Coca-Cola, there are lots of sales and marketing roles available for people to occupy. At the same time, if you are not interested in working full-time, you can decide to pick up a part-time role or even work as an intern.
#4: Training and exposure
Most companies in the industry always want to make sure their workers are up to date with technology and some other things that concern production. Because of that, there is always room for workers to go for different training to improve their skills and expertise. Most of the time, the company foot the bills for this training. Some companies even send their workers abroad to learn new things that could benefit the company. That kind of exposure will come as a great benefit for any worker working in the industry.
So, if you have always dreamed of working in an industry where you will have the chance to travel abroad, meet new people, and experience new cultures, choosing a career in the consumer non-durable industry might be the next big thing for you. So quit asking, ‘is consumer non-durables a good career path?’ Just go for it!
#5: You will have the chance to enjoy an amazing work culture
This is another attractive thing about the industry. Most companies there has a high and amazing work culture that anyone will want to be part of. The roles of individual workers are well laid out and there is high diversity rooted in the cultures of most companies there.
Is Consumer Non-Durable A Good Career Path For Students?
Yes, companies in this industry usually have outstanding internship programs that students can benefit from. And after the internship, you will have a higher chance of getting hired and incorporated into the company’s work culture.
Again, the pay some of these companies offer interns cannot be matched by any other industry. For instance, Unilever has an internship program that allows students to work as interns for 5 to 6 months, working for 32 hours per week. But the pay for the program is highly lucrative. So if you are asking, ‘is consumer non-durable a good career path for students?’ Then your answer would be yes!
The Top 5 Companies in Consumer Non-Durables Based On Market Cap and Net Income
Let’s see some interesting facts about the industry. So, let’s check some of the top-ranking companies in the industry based on their market capitalization and how much income they make annually.
Nestle AG:
Has more than 291,000 employees and earns up to $13,242 million net income by December 2020. Nestle’s market cap is $348.550 billion.
Procter & Gamble Company:
This company has a market cap of $345.770 billion and a net income of $13,030 million by the end of 2020. The total number of workers in the company is 99,000.
L’oreal:
This French company made $4,172 million in net income in 2020 and presently has a market cap of $262.430 billion. The total number of employees is 88,000.
Nike:
Nike is a North American company with a market cap of $260.800 billion. Its total annual net income for 2020 was $2,530 million and employed about 75,400 people working for the company.
Coca-Cola Company:
This popular non-alcoholic beverage producing company earned a net income of $7,750 million in 2020. Its present market cap is $243.070 billion. The total number of people working for Coca-Cola is 86,200 (as of 2019).
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