The market is dominated by domestic suppliers, as imports account for 35.1% of total market size in 2023. Households drive market demand, with household spending representing 84.0% of total demand in 2023. Turkey has the sixth largest market size for footwear regionally, with demand reaching USD3.2 billion in 2023. Gezer Ayakkabi Deri San ve Tic AS is the largest company in Turkey, generating 2.6% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 8.4% of total production value in 2023. The total number of companies increases in 2023, to 14,234 units. The costs of the industry increase by 15.7% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 18.6% of production value in 2023, the 10th highest regionally. The industry’s exports share decreases in 2023 to 48.0% of total production output. With production value of USD3.7 billion, Turkey accounts for 10.4% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Footwear in Turkey: ISIC 192. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Footwear in Turkey: ISIC 192 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cordage, rope, twine and netting, finishing of textiles, made-up textile articles, spinning of textile fibers; weaving of textiles, tanning and dressing of leather, and technical textiles, labels, badges and other textile products.
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