Katana VentraIP

Final good

A final good or consumer good is a final product ready for sale that is used by the consumer to satisfy current wants or needs, unlike an intermediate good, which is used to produce other goods. A microwave oven or a bicycle is a final good.

When used in measures of national income and output, the term "final goods" includes only new goods. For example, gross domestic product (GDP) excludes items counted in an earlier year to prevent double counting based on resale of items. In that context, the economic definition of goods also includes what are commonly known as services.


Manufactured goods are goods that have been processed in any way. They are distinct from raw materials, but include both intermediate goods and final goods.

Mergers and acquisitions[edit]

In the consumer product sector, there have been 107,891 deals announced between 1985 and 2018, which cumulates to a total value of around US$5,835 billion. 2007 was the year with the largest value (US$4,888 billion) followed by a steep slump in 2009 (-70.9%).[2] After the first wave in 2007, now is the second big M&A wave in the consumer products sector, and a decline is expected.

Back-story (production)

Fast-moving consumer goods

Product/process distinction