local market

Corner grocery store

A local market is a marketplace serving a particular geographic area, as opposed to national or international markets.

The term can mean a physical place where nearby vendors sell goods—often produce, crafts, or specialty items—or more abstractly, the economic conditions of a specific region: Housing prices depend on your local market.

In business contexts, companies distinguish local markets from broader ones when analyzing demand or competition.

Related

produce · fresh picked · bazaar · town square · neighborhood · corner store · fresh · bargain · haggle · community · downtown · shopkeeper · streetside · awning · street food · regional · grocery · handmade

Categories
Opposites
scale and reach

local marketmegastore

Enormous retail establishment

hypermarket · Walmart · Costco · Amazon · Tesco

economic geography

local marketglobal market

International trade system

world market · export market · national market · regional market · domestic market

community embeddedness

local marketfaceless corporation

Family

local, market, locale, locally, locality, localize, localized, localization, locals

Familiarity
Top 100,000
Profile
Known to kids · Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G