Turkey Retail Market Size by Sector and Channel including Online Retail, Key Players and Forecast to 2028

Turkey Retail Market Size by Sector and Channel including Online Retail, Key Players and Forecast to 2028
Summary

This report uses data from GlobalData’s Retail database showing the trends in the market and sectors by value. It also reveals the major retailers by market share in 2022 in each of the sectors.

This report provides both the historical and forecast market data of total retail sales in the Turkey. It illustrates the data with charts, graphs and tables summarizing the value trends, with individual sector details in overall retail. The report also reveals major retailers in each sector and their market share along with their price and market positioning in 2022.

ScopeThe overall retail industry in Turkey is forecast to grow at a CAGR of 40.3% between 2022 and 2027 to reach TRY 20,849 bn.Food & grocery is the fastest growing and dominating sector with TRY 1,925 bn in 2022, which will grow at 48.7% CAGR between 2022-2027 to reach TRY 13,976 bn in 2027.Hypermarkets, supermarkets and hard discounters is the leading channel, but Drug stores and health and beauty stores is expected to see the maximum growth during the forecast period, registering a CAGR of 49.6% between 2022-2027 to reach TRY 1,031 bn.The Turkey retail industry is dominated by mass market playersReasons to BuyGain a comprehensive view of the Turkey retail industry and forecasts to 2027Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of recent events on the retail market in TurkeyInvestigate current and forecast trends in the Turkey retail sectors to identify the opportunities offering the most potentialUnderstand who the main competitors are in the sectors and their price positioning