New traders - including fresh produce, street food, gifts and clothing stalls - will be joined by the Pearly King and Queen of Peckham and musicians from Bowjangles to celebrate the rejuvenation of the historic market.
Face painting, free tasters and giveaways will also be available.
The market is now under the control of Westminster Artisans as part of a one-year pilot agreement with Lambeth Council.
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