consumer market
noun[C]
ukusECONOMICS,COMMERCE
theactivityofsellinggoodsorservicestopeoplefortheirown use, or asituationin which thishappens:
Thecompanyenteredtheconsumermarketlastyear.
The U.S.consumermarketaccountsfor about 16% of the $140billionglobalPCmarket.
COMMERCE
aparticulargroupofcustomerswhobuygoodsorservicesfortheirown use:
Russia is one of thelargestuntappedconsumermarketsin theworld.