national market

Definition

The domestic marketplace for goods and services operating within the borders of and governed by the regulations of a particular country. The health of its home country's national market in terms of the supply and demand for the product that a business offers can be a strong determinant of its success.

Use national market in a sentence

  • The national market had been increasing in its demand for our sector of the market so we doubled our advertising.

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  • The company wished to expand out of the south east region. They needed national market information to create a plan for expanding.

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  • When we go to the national market, we find good quality items at very reasonable prices. In comparison to other businesses of this nature, we have found this one to be of the best value.

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