Pent-Up Demand

Pent-Up Demand

A situation in which demand for a product rises precipitously. For example, if demand for cell phones has been low, then suddenly jumps and remains high, it may be due to pent-up demand. This may occur following a recession due to increased spending as an economy recovers.
References in periodicals archive ?
USPRwire, Wed Apr 15 2015] BMI attributes growth in vehicle sales over the year-to-date to low base effects and pent-up demand in the market following years of sustained declines.
The good news is the worst is likely over, and pent-up demand will accelerate overall IT sales through the rest of the year, the research firm said.
for the for the pent-up pent-up demand from would-be buyers is said to have been boosted by Demand from would-be buyers is said to have been boosted by improving consumer confidence in the economy, mortgage rates which are still very cheap by historic standards and Government mortgage support schemes such as Help to Buy.
Pent-up demand after several tight years, and an improving economy, got shoppers out in force on "Black Friday," too.
The ongoing general improvement in auto sales shows pent-up demand and willingness to act on that pent-up demand," Duy said.
However, new research from the National Association of Real Estate Investment Trusts (NAREIT) shows a dearth of new apartment construction, coupled with a record level of pent-up demand for apartment space, have created an approximately 2.
7 per cent - due to a combination of traditional seasonal factors and pent-up demand following a very weak second half of 2010.
It believes there is pent-up demand for small works in most households - a demand which has been severely restricted by a lack of confidence and economic uncertainty.
Selling operations director David Barford said: "Trade was helped by the snow finally melting away and customers' pent-up demand to get back to shopping.
Dubai: Strong growth backed by huge pent-up demand, a growing population and liberalisation of the real estate sector is expected to keep prices strong for the next five to seven years according to a report by EFG-Hermes, a regional investment bank.
There's a pent-up demand for people who haven't traveled since 9-11 to see their relatives,'' LAX spokeswoman Nancy Castles said.
Capital investments by the plastic industry are forecasted to grow 10%-15% this year due to pent-up demand, favorable financials and increased profit margins.