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 • 714 views

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

"new market"

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.

Show examples from the web [+]

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

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

"new markets"

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

Examples:

The company is exploring new markets for its products in Asia.
Our strategy involves entering new markets to diversify our revenue streams.

Show examples from the web [+]

Demand-side measures will open new markets for biotechnology innovation.
We are looking into new markets in European gas.
Had to close some foreign licensing deals, open new markets.
Al-Qaeda continues to find new markets to expand into.
Virgin territory for the man who knows how to open up new markets.
Article 20 Aid for development of new markets and promotional campaigns
The promotion of IWT is also a way to of developing new markets.
Our business communities are also looking for new markets and are ready to compete honestly.
It has opened up new markets and broken down barriers to trade.
This is because entering new markets requires substantial investment in promotion and in setting up the whole logistical system.
If this can be achieved, SMEs could have easier access to new markets.
Moreover, these expansions have not enabled the municipality to enter new markets.
The situation in the new markets for high-speed services is less obvious.
Adapting to the new markets requires staff trained in the use of new technologies.
However, they have shown that they are able quickly to redirect exports and penetrate new markets.
To "open up or enter new markets".
New standards will be introduced and greater flexibility will open up new markets.
Export credit guarantees are an important means of helping entrepreneurs to acquire new markets and create new jobs.
Massive economic opportunities exist for both parties to grow and take advantage of new markets.
If new markets can be created, farmers will become less dependent on public subsidies.

Alternatives:

fresh markets
emerging markets
untapped markets
novel markets
brand-new markets

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new market vs new markets

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