consumer market

consumer market
consumer market UK US noun [C]
ECONOMICS, COMMERCE the activity of selling goods or services to people for their own use, or a situation in which this happens: »

The company entered the consumer market last year.

»

The U.S. consumer market accounts for about 16% of the $140 billion global PC market.

COMMERCE a particular group of customers who buy goods or services for their own use: »

Russia is one of the largest untapped consumer markets in the world.


Financial and business terms. 2012.

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