new market vs new markets

Both 'new market' and 'new markets' are correct, but they are used in different contexts. 'New market' refers to a single market that is new, while 'new markets' refers to multiple markets that are new. The choice between the singular and plural form depends on whether you are talking about one market or multiple markets.

Last updated: March 22, 2024 • 616 views

new market

This phrase is correct and commonly used in English to refer to a single market that is new.

Use 'new market' when referring to a single market that is new, such as a new product line entering a specific market segment.

Examples:

The company is targeting a new market with its latest product launch.
Entering a new market requires thorough market research and analysis.

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But it gives us credibility in this new market.
You have to know when there's a new market ready to explode.
Data roaming is a new market and its proper development would be impeded by such price regulation.
This new market may improve the entire industry.
The new market has been rapidly accepted.
We have to create an effective and functioning new market for services.
The increasing popularity of smart phones has created a new market in terms of technology, software and applications.
Martin Goodman wanted to capitalize on this new market, and the first thing he published was Marvel Comics #1.
You know, move to a new market, check out the lay of the land.
It's to transform any new product into a new market.
Since the formal launch of the new market, the ECB and nine Eurosystem NCBs have provided technical assistance to the STEP Secretariat.
Entrepreneurs invested capital and know-how in the expectation that they would be able to make a profit in this new market.
The need for biofuels in the European Union and thus in other countries could open up a new market for innovative agricultural products.
The information society opens up a new market in which SMEs from the candidate countries can be immediately competitive.
It is extremely important that we move in this direction, but this should not be limited to the creation of a new market.
I envisage a central role for the public sector here in giving impetus to a new market.
One could find that, as with the car batteries' recycling - before the EU destroyed it - a new market would be created.
Paragraph 7 expresses the wish to find a legal framework for the problems which are bound to arise on this new market.
Thanks to the development and export of clean technology, we are creating a new market for cleaner production processes.
We believe that peace, democracy and human rights are more important than the creation of a new market for military equipment.

Alternatives:

fresh market
emerging market
untapped market
novel market
brand-new market

new markets

This phrase is correct and commonly used in English to refer to multiple markets that are new.

Use 'new markets' when referring to multiple markets that are new, such as expanding into new geographical regions or targeting different customer segments.