luxury market - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “luxury market”

luxury market

noun [S]
 
 
MARKETING
a market for expensive goods that are not necessary but are bought for pleasure: The fashion company is trying to enter China's booming luxury market. When it comes to cars, they focus on the luxury market.
(Definition of luxury market from the Cambridge Business English Dictionary © Cambridge University Press)
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