The phrase identifies top-tier seasonal retail events held in Germany during the Advent season. These events feature a variety of artisan crafts, traditional food and drink, and festive entertainment, creating an immersive cultural experience.
Their significance lies in their contribution to local economies, promotion of regional traditions, and creation of communal spaces for celebration. Historically, these markets originated as winter markets where citizens could stock up on supplies, gradually evolving into the cherished holiday attractions they are today.