B2B drives market demand, with B2B spending representing 86.1% of total demand in 2023. Turkey has the largest market size for finishing of textiles regionally, with demand reaching USD6.0 billion in 2023. Flokser Tekstil San ve Tic AS is the largest company in Turkey, generating 1.5% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 5.4% of total production value in 2023. The total number of companies increases in 2023, to 6,644 units. The costs of the industry increase by 8.8% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 42.5% of production value in 2023, the highest regionally. With production value of USD5.6 billion, Turkey accounts for 41.9% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Finishing of Textiles in Turkey: ISIC 1712. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Finishing of Textiles in Turkey: ISIC 1712 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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