cottage industry

Definition

An industry where the creation of products and services is home-based, rather than factory-based. While products and services created by cottage industry are often unique and distinctive given the fact that they are usually not mass-produced, producers in this sector often face numerous disadvantages when trying to compete with much larger factory-based companies.

Use cottage industry in a sentence

You may find that you are in a cottage industry and will need to find new ways to work around the problems.

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The cottage industry in the developing country was unexpected, however the flexible and resourceful team of ours was happy to adapt.

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After my brother lost his job, his wife decided to take advantage of the internet and began to develop her own cottage industry selling quilts on Etsy out of her home.

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