Turkey Construction Industry Databook Series – Market Size & Forecast (2014 – 2023) by Value and Volume (area and units) across 40+ Market Segments in Residential, Commercial, Industrial, Institutional and Infrastructure Construction, Opportunities in Top 10 Cities, and Risk Assessment
Report Description
Turkey seeks to uplift the US$ 800 billion economy amid the ongoing crisis that affected banks and corporate balance sheets, crashing the lira, while anticipates the economic growth to remain sluggish over the medium term.
Turkey’s economy slowed sharply in the last two quarters of 2018 owing to the volatility of financial market and soaring inflation. Industrial production and annual retail sales growth have been severely impacted, resulting in increased unemployment. Consequently, construction activity has been impacted across building and infrastructure sectors.
ConsTrack360 expects construction activity to improve in 2019. However, the growth will remain subdued. Corrective measures taken by government to strengthen fiscal and monetary policies will be critical. Private consumption is expected to remain sluggish.
According to Constrack360, the construction industry in Turkey is expected to record a CAGR of 5.7% to reach TRY 268.2 billion by 2023. The residential construction industry in value terms increased at a CAGR of -1.2% during 2014-2018. The commercial building construction market in value terms is expected to record a CAGR of 6.7% over the forecast period. The infrastructure construction was estimated to be TRY 67.3 billion in 2018, posting a CAGR of -0.7% during review period.
This report from ConsTrack360 provides data and trend analyses on construction industry in Turkey, with over 100 KPIs. This is a data-centric report and it provides trend analyses with over 140+ charts and 110+ tables. It details market size & forecast, emerging trends, market opportunities, and investment risks in over 40 segments in residential, commercial, industrial, institutional, and infrastructure construction sectors.
It provides a comprehensive understanding of construction industry sectors in both value and volume (both by activity and units) terms. The report focuses on combining industry dynamics with macro-economic scenario and changing consumer behavior to offer a 360-degree view of the opportunities and risks.
In addition to country level analysis, this report offers a detailed market opportunity assessment across key cities, helping clients assess key regions to target within the city.
Report Scope
Market Data and Insights: This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2014-2023 in Turkey. KPIs covered include the following:
Market size by value
Market size by volume of construction
Number of units
Turkey Residential Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
Housing type (multi family, single family)
Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation)
Top 10 cities in Turkey
Price point / income level (luxury, mid-tier, affordable)
Construction stage (new construction, re-development, maintenance)
Turkey Commercial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
Office building (further broken down by Grade A, Grade B, and Grade C)
Retail building
Hospitality and luxury building
Restaurant
Entertainment
Sports facility
Construction stage (new construction, re-development, maintenance)
Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation)
Top 10 cities in Turkey
Turkey Industrial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
Manufacturing plants
Chemical & pharmaceutical
Metal & material processing
Construction stage (new construction, re-development, maintenance)
Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation)
Top 10 cities in Turkey
Turkey Institutional Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
Healthcare construction
Educational construction
Public sector
construction stage (new construction, re-development, maintenance)
Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation)
Top 10 cities in Turkey
Turkey Infrastructure Construction Sectors: 10- year market size & forecast in value terms by
Marine and inland water infrastructure
Utility system construction (oil and gas infrastructure, communication infrastructure, power infrastructure, water and sewer infrastructure)
Transportation infrastructure (highway, street and bridge construction, railway construction, airport construction, and tunnel construction)
Construction stage (new construction, re-development, maintenance)
Cities Covered
Istanbul
Ankara
Izmir
Bursa
Adana
Gaziantep
Konya
Çankaya
Antalya
Bağcılar
Reason to Buy
In-depth Understanding of Construction Market Dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 40+ market segments and sub-segments of building and infrastructure construction industry in Turkey.
Volume and Value Data: Get detailed understanding of the market both from value and volume (both by activity and units) perspective for historical as well as forecast period
Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market specific key trends, drivers and risks in construction industry.
City Level Insights: Get city level trend analyses to identify unique opportunities across key cities and also by tier-1, tier-2, and tier-3 cities.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook