consumer marketnoun [ C ]
ukusECONOMICS, 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.