Not necessarily.

I remember this very good charging cable from a premium phone I bought way back when. Truly felt premium in the hands with a matte finish and soft to the touch.

Lo and behold, after 6 months of regular use the cable started staining, and cleaning only made worse. Then after a year it frayed. 6 more months and I'm sure it would have looked like the one in the picture.

Moral of the story: there are good and bad products in all price categories and no, not every single product design is foolproof. No matter how universal and genericized the category it's in is, as innovation sometimes also breaks stuff.

Bad stuff's also on the market.