global demand

Planet-wide market hunger

Global demand is the total worldwide desire and purchasing power for a good, service, or resource.

Economists and businesses track global demand to understand markets: Global demand for oil has rebounded since the pandemic.

Rising global demand typically drives up prices and production, while falling demand signals economic contraction or shifting preferences.

Opposites
geographic scope

global demanddomestic consumption

Spending within one's country

local markets

market direction

global demandglobal supply

Worldwide distribution of goods

global production

presence/absence of need

global demandmarket saturation

Maximum product penetration reached

Family

demand, global

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Abstract · Rated G