Construction in Turkey
SummaryConstruction in Turkey industry profile provides top-line qualitative and quantitative summary information including: market share, 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
- The construction market is defined as the value of work put in place annually for both, residential and non-residential construction.
- The Turkish construction industry had total revenues of $106,155.2 million in 2022, representing a negative compound annual growth rate (CAGR) of 12% between 2017 and 2022.
- The residential construction segment accounted for the industry's largest proportion in 2022, with total revenues of $63,986.7 million, equivalent to 60.3% of the industry's overall value.
- According to in-house research, consumer price inflation in Turkey in 2022 stood at 71.2%, up from 19.6% in 2021. After a shaky 2022, the economy is predicted to stabilize in 2024, despite the unexpected and quick increase in rates.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction market in Turkey
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in Turkey
- Leading company profiles reveal details of key construction market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Turkey construction market with five year forecasts
Reasons To Buy
- What was the size of the Turkey construction market by value in 2022?
- What will be the size of the Turkey construction market in 2027?
- What factors are affecting the strength of competition in the Turkey construction market?
- How has the market performed over the last five years?
- Who are the top competitiors in Turkey's construction market?
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