1. A market with defined geographical, demographic, or product boundaries; a market segment that has clear limits or constraints on its size, growth, or scope
The bounded market for luxury yachts is limited to high-net-worth individuals in coastal regions.
O mercado limitado de iates de luxo é restrito a indivíduos de alta renda líquida em regiões costeiras.
2. A market where the potential customer base or sales volume is restricted by external factors such as regulations, geography, or market saturation
The pharmaceutical company faced challenges in a bounded market due to strict government regulations.
A empresa farmacêutica enfrentou desafios em um mercado limitado devido a regulamentações governamentais rigorosas.