Further theory on geographical market boundaries

The geographical market boundaries or geographical segmentation of a market may be determined by differences in:

• natural geography (climate, landscape, transport distances etc.),
• regulation or administration (regulation of competition and market transparency, legislative product requirements, product standards, taxes, subsidies),
• consumer culture.

Geographical segments can be identified and documented by the lack of imports of the product across the geographical boundary.

How to cite this: Consequential-LCA (2017). Further theory on geographical market boundaries. Last updated: 2017-05-22. www.consequential-lca.org.