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domestic brands
A domestic market, also referred to as an internal market or domestic trading, is the supply and demand of goods, services, and securities within a single country. In domestic trading, a firm faces only one set of competitive, economic, and market issues and essentially must deal with only one set of customers, although the company may have several segments in a market.
The term is also used to refer to the customers of a single business who live in the country where the business operates.
There are certain limitations when competing in a domestic market, many of which encourage firms to expand abroad. The main reasons why a business would decide to expand abroad are limited market size and limited growth within the domestic market.
2025 mid-year China auto market: Chinese brands dominate under 34,750 USD, higher tiers held by international brands
The post China’s H1 2025 auto sales: domestic brands reign below 34,750 USD, premium market stays with international giants appeared first on CarNewsChina.com.
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