Turkey Real Estate Market Summary, Competitive Analysis and Forecast to 2028
Summary
Real Estate in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Real estate refers to physical property and consists of land and buildings. The market scope includes renting and leasing various types of real estate properties.
- The Turkish real estate industry recorded revenues of $33.8 billion in 2023, representing a negative compound annual growth rate (CAGR) of 26.5% between 2018 and 2023.
- Industry consumption volume increased with a CAGR of 2.3% between 2018 and 2023, to reach a total of 17.2 million units in 2023.
- Turkey accounted for a 1.7% share of the European real estate industry. The recent earthquake in Turkey has disrupted the real estate industry in Turkey.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the real estate market in Turkey
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the real estate market in Turkey
- Leading company profiles reveal details of key real estate market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Turkey real estate market with five year forecasts
- What was the size of the Turkey real estate market by value in 2023?
- What will be the size of the Turkey real estate market in 2028?
- What factors are affecting the strength of competition in the Turkey real estate market?
- How has the market performed over the last five years?
- What are the main segments that make up Turkey's real estate market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume 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 strategies of the leading players?
- 7.3. What are the recent developments in the industry?
- 8 Company Profiles
- 8.1. Alarko Holding AS
- 8.2. Is Gayrimenkul Yatirim Ortakligi AS
- 8.3. Dogus Holding AS
- 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 real estate market value: $ million, 2018-23
- Table 2: Turkey real estate market volume: thousand units, 2018-23
- Table 3: Turkey real estate market category segmentation: % share, by value, 2018-2023
- Table 4: Turkey real estate market category segmentation: $ million, 2018-2023
- Table 5: Turkey real estate market geography segmentation: $ million, 2023
- Table 6: Turkey real estate market value forecast: $ million, 2023-28
- Table 7: Turkey real estate market volume forecast: thousand units, 2023-28
- Table 8: Alarko Holding AS: key facts
- Table 9: Alarko Holding AS: Annual Financial Ratios
- Table 10: Alarko Holding AS: Key Employees
- Table 11: Is Gayrimenkul Yatirim Ortakligi AS: key facts
- Table 12: Is Gayrimenkul Yatirim Ortakligi AS: Annual Financial Ratios
- Table 13: Is Gayrimenkul Yatirim Ortakligi AS: Key Employees
- Table 14: Dogus Holding AS: key facts
- Table 15: Dogus Holding AS: Key Employees
- Table 16: Turkey size of population (million), 2019-23
- Table 17: Turkey gdp (constant 2005 prices, $ billion), 2019-23
- Table 18: Turkey gdp (current prices, $ billion), 2019-23
- Table 19: Turkey inflation, 2019-23
- Table 20: Turkey consumer price index (absolute), 2019-23
- Table 21: Turkey exchange rate, 2019-23
- List of Figures
- Figure 1: Turkey real estate market value: $ million, 2018-23
- Figure 2: Turkey real estate market volume: thousand units, 2018-23
- Figure 3: Turkey real estate market category segmentation: $ million, 2018-2023
- Figure 4: Turkey real estate market geography segmentation: % share, by value, 2023
- Figure 5: Turkey real estate market value forecast: $ million, 2023-28
- Figure 6: Turkey real estate market volume forecast: thousand units, 2023-28
- Figure 7: Forces driving competition in the real estate market in Turkey, 2023
- Figure 8: Drivers of buyer power in the real estate market in Turkey, 2023
- Figure 9: Drivers of supplier power in the real estate market in Turkey, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the real estate market in Turkey, 2023
- Figure 11: Factors influencing the threat of substitutes in the real estate market in Turkey, 2023
- Figure 12: Drivers of degree of rivalry in the real estate market in Turkey, 2023
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