Market Size of Turkey Home Textile Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | 1.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Turkey Home Textile Market Analysis
The COVID-19 outbreak has had a significant impact on business sectors and the overall economy of Turkey. The lockdowns in Turkey have led to the disruption of many business activities including Home Textiles industry and affected the supply chain.
Turkish home textile is a growing, dynamic, and developing sector both with its production and domestic and foreign trade volume. Turkey is one of the major centers in setting trends and fashion in the global home textiles industry. Turkey is one of the world's top exporters of home textiles. Turkish Home Textile companies are intensively exporting to countries such as Germany, United States, Bulgaria, France, United Kingdom, Italy, the Netherlands, Poland, Iran, Spain, and others.
Turkey Home Textile Industry Segmentation
Home textiles are fabrics and clothes used specifically for furnishing a residence. The materials and design of each are defined by the functional and aesthetic uses of each. A complete background analysis of the Turkey Home Textile Market, which includes an assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics, and logistics spending by the end-user industries, is covered in the report. Turkey Home Textile Market is Segmented By Product (Bed Linen, Bath Linen, Kitchen Linen, Upholstery and Floor Covering), By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Online and Other Distribution Channels).
By Product | |
Bed Linen | |
Bath Linen | |
Kitchen Linen | |
Upholstery Covering | |
Floor Covering |
By Distribution | |
Supermarkets & Hypermarkets | |
Specialty Stores | |
Online | |
Other Distribution Channels |
Turkey Home Textile Market Size Summary
The home textile market in Turkey is a vibrant and evolving sector, significantly impacted by the COVID-19 pandemic, which disrupted business activities and supply chains. Despite these challenges, Turkey has established itself as a key player in the global home textiles industry, known for setting trends and fashion standards. The country is a leading exporter, with Turkish companies exporting to numerous countries, including Germany, the United States, and various European nations. The sector's success is attributed to its strong quality image, advanced technological infrastructure, and a skilled workforce capable of producing a diverse range of products. Brand creation, high value-added quality products, and a focus on intellectual property rights and total quality management further enhance the sector's competitiveness.
The growth of the Turkish home textile market is driven by increased consumer spending and higher disposable incomes, which are expected to boost expenditure on home textiles. The expanding hospitality and residential sectors, along with a rising awareness of home decor trends, are also contributing to market growth. The market is characterized by the presence of major international players, although technological advancements and product innovations are enabling mid-size and smaller companies to expand their market presence. Notable companies in the sector include Sasa Polyester Sanayi AS, Menderes Tekstil, and Merinos Hali Sanayi Ve Ticaret AS. Innovations such as Aksa Akrilik's Everfresh technology, which enhances textile products' safety, and significant investments by companies like Merinos Carpet, underscore the sector's dynamic nature and potential for continued expansion.
Turkey Home Textile Market Size - Table of Contents
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1. MARKET INSIGHTS AND DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Industry Value Chain Analysis
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1.5 Industry Attractiveness- Porters' Five Forces Analysis
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1.5.1 Threat of New Entrants
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1.5.2 Bargainning Power of Buyers
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1.5.3 Bargainning Power of Suppliers
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1.5.4 Threat of Substitutes
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1.5.5 Intensity of Competative Rivalry
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1.6 Insights into Latest Technological Innovations and Recent Trends in the Industry
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1.7 Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Product
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2.1.1 Bed Linen
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2.1.2 Bath Linen
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2.1.3 Kitchen Linen
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2.1.4 Upholstery Covering
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2.1.5 Floor Covering
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2.2 By Distribution
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2.2.1 Supermarkets & Hypermarkets
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2.2.2 Specialty Stores
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2.2.3 Online
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2.2.4 Other Distribution Channels
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Turkey Home Textile Market Size FAQs
What is the current Turkey Home Textile Market size?
The Turkey Home Textile Market is projected to register a CAGR of greater than 1% during the forecast period (2024-2029)
Who are the key players in Turkey Home Textile Market?
Sasa Polyester Sanayi AS, Menderes Tekstil, Zorluteks Tekstil, Merinos Hali Sanayi Ve Ticaret AS and Kipas Mensucat Isletmeleri AS are the major companies operating in the Turkey Home Textile Market.