Product Code: ETC009778 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Furniture market in Turkiye is projected to grow at a stable growth rate of 0.13% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.
The Turkey Furniture Market is expected to grow at a CAGR of 5.5% during the forecast period 2020-2026. The market is being driven by factors such as mounting construction activities, rising living standards of people and growing e-commerce industry in the country. In addition, increasing popularity for furniture made from eco-friendly materials and changing lifestyle are also driving the growth of the market in Turkey.
Furthermore, government initiatives to attract more foreign investors and stabilize economic conditions are likely to create positive outlook for furniture manufacturers over the forecast period. On account of technological advancements, availability of advanced machinery & equipment has enabled production process with better efficiency which is anticipated to propel demand for different types of furniture products among consumers.
However, fluctuating raw material prices may hamper overall market growth during forecast timeline owing to relatively lower profit margin for local players operating in this sector. Also increase in freight charges due to shortage supply chain will act as major restraint on overall revenue generation opportunities in this space over next few years
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Turkey Furniture Market Overview |
3.1 Turkey Country Macro Economic Indicators |
3.2 Turkey Furniture Market Revenues & Volume, 2019 & 2026F |
3.3 Turkey Furniture Market - Industry Life Cycle |
3.4 Turkey Furniture Market - Porter's Five Forces |
3.5 Turkey Furniture Market Revenues & Volume Share, By Material Types, 2019 & 2026F |
3.6 Turkey Furniture Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Turkey Furniture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Turkey Furniture Market Trends |
6 Turkey Furniture Market, By Types |
6.1 Turkey Furniture Market, By Material Types |
6.1.1 Overview and Analysis |
6.1.2 Turkey Furniture Market Revenues & Volume, By Material Types, 2016 - 2026F |
6.1.3 Turkey Furniture Market Revenues & Volume, By Plastic, 2016 - 2026F |
6.1.4 Turkey Furniture Market Revenues & Volume, By Wood, 2016 - 2026F |
6.1.5 Turkey Furniture Market Revenues & Volume, By Metal, 2016 - 2026F |
6.1.6 Turkey Furniture Market Revenues & Volume, By Other, 2016 - 2026F |
6.2 Turkey Furniture Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Turkey Furniture Market Revenues & Volume, By Residential, 2016 - 2026F |
6.2.3 Turkey Furniture Market Revenues & Volume, By Commercial, 2016 - 2026F |
7 Turkey Furniture Market Import-Export Trade Statistics |
7.1 Turkey Furniture Market Export to Major Countries |
7.2 Turkey Furniture Market Imports from Major Countries |
8 Turkey Furniture Market Key Performance Indicators |
9 Turkey Furniture Market - Opportunity Assessment |
9.1 Turkey Furniture Market Opportunity Assessment, By Material Types, 2019 & 2026F |
9.2 Turkey Furniture Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Turkey Furniture Market - Competitive Landscape |
10.1 Turkey Furniture Market Revenue Share, By Companies, 2019 |
10.2 Turkey Furniture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |