The Carbon Market is the largest market in Cebu City, Philippines. It is the oldest market in the Central Visayas region. As the largest market in the city, various wares are sold in Carbon, including dry goods such as clothing, kitchenware, and handicrafts, as well as wet goods, such as fruits, vegetables, and meat, among other goods, sold by approximately 6,000 vendors in the market.

In the 2020s, the market started undergoing redevelopment works aimed at modernizing the market. These works include the construction of a new main building for the market, as well as other retail amenities aside from the market. The first of the three new public market buildings is scheduled to be finished by December 2026.