Apparel Retail in Turkey
SummaryApparel Retail in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The apparel retail market includes baby clothing, toddler clothing and casual wear, essentials, formalwear, formalwear-occasion, and outerwear for men, women, boys and girls; excludes sports-specific clothing.
- The Turkish apparel retail industry had total revenues of $17.1bn in 2018, representing a compound annual growth rate (CAGR) of 10.3% between 2014 and 2018.
- The womenswear segment was the industry's most lucrative in 2018, with total revenues of $10.1bn, equivalent to 59.4% of the industry's overall value.
- According to the World Bank, the percentage of the population living below the poverty line fell from 20.9% in 2004 to 1.6% in 2015 (the latest available figures). This has been a key driver in the growth of the apparel retail industry; as it has meant a larger proportion of the population have increased spending power.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, 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
Reasons to Buy
- What was the size of the Turkey apparel retail market by value in 2018?
- What will be the size of the Turkey apparel retail market in 2023?
- What factors are affecting the strength of competition in the Turkey apparel retail market?
- How has the market performed over the last five years?
- What are the main segments that make up Turkey's apparel retail market?
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