Turkey Apparel Retail Market Summary, Competitive Analysis and Forecast to 2027
Summary
Apparel Retail in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Childrenswear includes all clothing designed for children between the ages of 0-15, such as baby clothing, boys’ casualwear, boys’ school wear, boys’ underwear (vests, underpants, socks) and nightwear, boys’ formalwear-occasion, boys’ outerwear including regional or national attire, girls’ casualwear, girls’ school wear, girls’ underwear (knickers, bras, vests, socks, and tights) and nightwear, girls’ formalwear-occasion, girls’ outerwear including regional and national attire, such as saris, and toddler clothing. It also includes all sportswear and fancy dress.
- The Turkish apparel retail industry had total revenues of $32.3 billion in 2022, representing a compound annual growth rate (CAGR) of 37.8% between 2017 and 2022.
- The womenswear segment accounted for the industry's largest proportion in 2022, with total revenues of $14.5 billion, equivalent to 44.8% of the industry's overall value.
- The growth in the Turkish apparel retail industry is influenced by several macroeconomic factors, such as rising GDP and growing consumer confidence. For instance, according to the Turkish Statistical Institute, Turkey's consumer confidence indicator rose to 91.1 in May 2023 from 75.6 in December 2022.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the apparel retail market in Turkey
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel retail market in Turkey
- Leading company profiles reveal details of key apparel retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Turkey apparel retail market with five year forecasts
- What was the size of the Turkey apparel retail market by value in 2022?
- What will be the size of the Turkey apparel retail market in 2027?
- What factors are affecting the strength of competition in the Turkey apparel retail market?
- How has the market performed over the last five years?
- How large is Turkey’s apparel retail market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths and strategies of the leading players?
- 8 Company Profiles
- 8.1. LC Waikiki Magazacilik Hizmetleri Ticaret AS
- 8.2. Koton Magazacilik Tekstil Sanayi ve Ticaret AS
- 8.3. OZON Giyim San ve Tic AS
- 8.4. Inditex SA
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Turkey apparel retail industry value: $ million, 2017–22
- Table 2: Turkey apparel retail industry category segmentation: % share, by value, 2017–2022
- Table 3: Turkey apparel retail industry category segmentation: $ million, 2017-2022
- Table 4: Turkey apparel retail industry geography segmentation: $ million, 2022
- Table 5: Turkey apparel retail industry distribution: % share, by value, 2022
- Table 6: Turkey apparel retail industry value forecast: $ million, 2022–27
- Table 7: LC Waikiki Magazacilik Hizmetleri Ticaret AS: key facts
- Table 8: LC Waikiki Magazacilik Hizmetleri Ticaret AS: Key Employees
- Table 9: Koton Magazacilik Tekstil Sanayi ve Ticaret AS: key facts
- Table 10: OZON Giyim San ve Tic AS: key facts
- Table 11: OZON Giyim San ve Tic AS: Key Employees
- Table 12: Inditex SA: key facts
- Table 13: Inditex SA: Annual Financial Ratios
- Table 14: Inditex SA: Key Employees
- Table 15: Inditex SA: Key Employees Continued
- Table 16: Turkey size of population (million), 2018–22
- Table 17: Turkey gdp (constant 2005 prices, $ billion), 2018–22
- Table 18: Turkey gdp (current prices, $ billion), 2018–22
- Table 19: Turkey inflation, 2018–22
- Table 20: Turkey consumer price index (absolute), 2018–22
- Table 21: Turkey exchange rate, 2018–22
- List of Figures
- Figure 1: Turkey apparel retail industry value: $ million, 2017–22
- Figure 2: Turkey apparel retail industry category segmentation: $ million, 2017-2022
- Figure 3: Turkey apparel retail industry geography segmentation: % share, by value, 2022
- Figure 4: Turkey apparel retail industry distribution: % share, by value, 2022
- Figure 5: Turkey apparel retail industry value forecast: $ million, 2022–27
- Figure 6: Forces driving competition in the apparel retail industry in Turkey, 2022
- Figure 7: Drivers of buyer power in the apparel retail industry in Turkey, 2022
- Figure 8: Drivers of supplier power in the apparel retail industry in Turkey, 2022
- Figure 9: Factors influencing the likelihood of new entrants in the apparel retail industry in Turkey, 2022
- Figure 10: Factors influencing the threat of substitutes in the apparel retail industry in Turkey, 2022
- Figure 11: Drivers of degree of rivalry in the apparel retail industry in Turkey, 2022
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