Home and Garden Product Retail in Turkey - Market Summary, Competitive Analysis and Forecast to 2025
Home and Garden Product Retail in Turkey - Market Summary, Competitive Analysis and Forecast to 2025
Summary
Home & Garden Product Retail in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The home & garden products market consists of gardening and outdoor living products, home improvement products, and homewares. Gardening and outdoor living includes garden buildings, manual and electric garden tools, garden utensils, outdoor living products (garden furniture, barbecues, ornaments), and plants and growing media (bulbs, compost, domestic fertilizer, flowering plants, seeds, shrubs and trees). Home improvement includes retail (not trade) sales of decorating materials (paint, varnish, wall tiles, wallpaper), Electricals hardware (alarms, light fittings, plugs, switches), hardware (brackets, locks, nails, bolts, nuts, etc.), other materials (adhesive, aggregates, boards, cement, doors, window frames, glass, bricks, timber, etc.), and manual and power tools. Homewares includes retail sales of home hardware (crockery, cutlery, glassware, rubbish bins, storage, mechanical utensils and home devices e.g. scales), lamps and lampshades, textiles and soft furnishings (bathroom textiles, beddings, cushions, futons, hammocks, mattresses, table linen, furniture covers, doormats), and window dressings (blinds, curtain poles, rails, curtains, hooks).
- The Turkish home & garden product retail market is expected to generate total revenues of $3.0bn in 2020, representing a compound annual growth rate (CAGR) of 11.6% between 2016 and 2020.
- The home improvement segment is expected to be the market's most lucrative in 2020, with total revenues of $1.7bn, equivalent to 56.8% of the market's overall value.
- Turkey's retail market is still fragmented between moderate sized local players. As penetration rates improve, this market will become more saturated and the strong growth will temper.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the home & garden product retail market in Turkey
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the home & garden product retail market in Turkey
- Leading company profiles reveal details of key home & garden product retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Turkey home & garden product retail market with five year forecasts
Reasons to Buy
- What was the size of the Turkey home & garden product retail market by value in 2020?
- What will be the size of the Turkey home & garden product retail market in 2025?
- What factors are affecting the strength of competition in the Turkey home & garden product retail market?
- How has the market performed over the last five years?
- What are the main segments that make up Turkey's home & garden product retail market?