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What (who) is domestic market - definition
![Domestic partnerships in Washington]] are only available when at least one of the partners is 62 years of age or older.](https://commons.wikimedia.org/wiki/Special:FilePath/Same-sex unions by US counties and cities.svg?width=200 "Domestic partnerships in Washington]] are only available when at least one of the partners is 62 years of age or older.")
![Domestic partnerships in Washington]] are only available when at least one of the partners is 62 years of age or older.](https://commons.wikimedia.org/wiki/Special:FilePath/Same-sex unions in the United States.svg?width=200 "Domestic partnerships in Washington]] are only available when at least one of the partners is 62 years of age or older.")
Wikipedia
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.
