Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

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)
What is the pronunciation of luxury market?
Add Cambridge dictionaries to your browser to your website

Word of the Day

sling

to throw or drop something carelessly

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More