Summary
Construction in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Construction market includes both residential and non-residential construction. Market value refers to the total output value of construction activity in a specific year. Construction output value is defined as the total value of construction activity in any given period, including costs related to all materials, equipment, and services used.
- The Turkish construction industry recorded revenues of $180.6 billion in 2024, representing a compound annual growth rate (CAGR) of 13.1% between 2019 and 2024.
- The residential segment accounted for the industry's largest proportion in 2024, with total revenues of $117.0 billion, equivalent to 64.8% of the industry's overall value.
- In 2024, the Turkish construction industry recorded an annual growth of 29.2%. The growth is attributed to robust public infrastructure investment and ambitious housing targets. Projects such as the Kanal Istanbul and various upgrades to the national energy transmission network are supporting the industry’s growth.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction market in Turkey
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in Turkey
- Leading company profiles reveal details of key construction market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Turkey construction market with five year forecasts
Reasons to Buy
- What was the size of the Turkey construction market by value in 2024?
- What will be the size of the Turkey construction market in 2029?
- What factors are affecting the strength of competition in the Turkey construction market?
- How has the market performed over the last five years?
- What are the main segments that make up Turkey's construction market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
8 Company Profiles
8.1. Alarko Holding AS
8.2. ENKA Insaat ve Sanayi AS
8.3. Nurol Holding Inc
8.4. Ronesans Holding AS
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Turkey construction industry value: $ million, 2019-24
Table 2: Turkey construction industry category segmentation: % share, by value, 2019-24
Table 3: Turkey construction industry category segmentation: $ million, 2019-24
Table 4: Turkey construction industry geography segmentation: $ million, 2024
Table 5: Turkey construction industry value forecast: $ million, 2024-29
Table 6: Alarko Holding AS: Key Facts
Table 7: Alarko Holding AS: Annual Financial Ratios
Table 8: Alarko Holding AS: Key Employees
Table 9: ENKA Insaat ve Sanayi AS: Key Facts
Table 10: ENKA Insaat ve Sanayi AS: Annual Financial Ratios
Table 11: ENKA Insaat ve Sanayi AS: Key Employees
Table 12: ENKA Insaat ve Sanayi AS: Key Employees Continued
Table 13: Nurol Holding Inc: Key Facts
Table 14: Nurol Holding Inc: Key Employees
Table 15: Ronesans Holding AS: Key Facts
Table 16: Ronesans Holding AS: Key Employees
Table 17: Turkey Size of Population (Million), 2020-24
Table 18: Turkey Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 19: Turkey GDP (Current Prices, $ Billion), 2020-24
Table 20: Turkey Inflation, 2020-24
Table 21: Turkey Consumer Price Index (Absolute), 2020-24
Table 22: Turkey Exchange Rate, 2019-24
List of Figures
Figure 1: Turkey construction industry value: $ million, 2019-24
Figure 2: Turkey construction industry category segmentation: $ million, 2019-24
Figure 3: Turkey construction industry geography segmentation: % share, by value, 2024
Figure 4: Turkey construction industry value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the construction industry in Turkey, 2024
Figure 6: Drivers of buyer power in the construction industry in Turkey, 2024
Figure 7: Drivers of supplier power in the construction industry in Turkey, 2024
Figure 8: Factors influencing the likelihood of new entrants in the construction industry in Turkey, 2024
Figure 9: Factors influencing the threat of substitutes in the construction industry in Turkey, 2024
Figure 10: Drivers of degree of rivalry in the construction industry in Turkey, 2024
