The market is dominated by domestic suppliers, as imports account for 24.5% of total market size in 2023. Households drive market demand, with household spending representing 64.4% of total demand in 2023. Turkey has the 12th largest market size for publishing of recorded audio media regionally, with demand reaching USD261 million in 2023. Universal Music Taxim Edition is the largest company in Turkey, generating 3.1% of the industry’s total production value in 2023. The industry is fragmented, with the top two companies generating 4.9% of total production value in 2023. The total number of companies increases in 2023, to 79 units. The costs of the industry increase by 14.8% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 35.1% of production value in 2023, the highest regionally. The industry’s exports share decreases in 2023 to 1.5% of total production output. With production value of USD139 million, Turkey accounts for 1.1% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Publishing of Recorded Audio Media in Turkey: ISIC 2213. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Publishing of Recorded Audio Media in Turkey: ISIC 2213 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Information and Communication is an aggregation of Telecommunications, Computer and Related Services; Filmmaking, Radio and TV, Publishing and Printing.
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