Definition, Meaning & Synonyms

flourishing-market

noun

/ˈflʊərɪʃɪŋ ˈmɑrkɪt/

Definition

A flourishing market is one that is growing vigorously and showing signs of significant economic health and prosperous activity.

Examples

The tech industry has become a flourishing market due to the rise of digital transformations.
Investors are keen to put their money into the flourishing market of renewable energy.
Start-ups are thriving in this flourishing market, attracting attention from venture capitalists.

Meaning

The term indicates not only a high level of business activity but also an environment where products and services are in demand, leading to increased sales and competitiveness among businesses.