The market is dominated by domestic suppliers, as imports account for 3.7% of total market size in 2023. Households drive market demand, with household spending representing 90.2% of total demand in 2023. Turkey has the third largest market size for made-up textile articles regionally, with demand reaching USD7.0 billion in 2023. Gulsan Sentetik Dokuma San ve Tic AS is the largest company in Turkey, generating 2.7% 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 14,671 units. The costs of the industry increase by 16.7% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 30.8% of production value in 2023, the highest regionally. The industry’s exports share decreases in 2023 to 26.6% of total production output. With production value of USD7.3 billion, Turkey accounts for 26.2% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Made-up Textile Articles in Turkey: ISIC 1721. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Made-up Textile Articles in Turkey: ISIC 1721 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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