Turkey Retail Report - Business Monitor International - Industry Reports

Turkey Retail Report

Turkey Retail Report - Business Monitor International - Industry Reports
Turkey Retail Report
Published Sep 10, 2016
63 pages — Published Sep 10, 2016
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

Essentials will continue to account for most household retail spending, with housing and utilities accounting for --.- in ----, followed by food and non-alcoholic drinks on --.- , and transport on --.- . Over the long term, rising incomes will create increasing opportunities for retail expansion in Turkey. ...In general the population is ageing, which will create challenges for retailers in the long term. The tense political situation as well as the the spate of terror attacks and the weakening of the lira are dampening consumer and investor confidence, and have seriously damaged Turkey s hugely important tourism industry. All of this will affect investment in the country s retail industry, and consumer spending. In May ---- PayPal Holdings Inc announced that the Turkish banking regulator had denied the US- based firm s licence application. As of early June, PayPal suspended its Turkish operations.

...With a mainly young population of some --mn people, Turkey is one of the largest countries in Europe. The key --- to ---year-old demographic is large, at more than -- of the population, although we do see this falling over our forecast period. ...This makes it relatively easy for retailers to serve large groups of customers, and reduces distribution costs. Proximity to Western Europe and the Gulf has attracted wealthy tourists generating sales for retailers in medium and high price range segments. Customs union with the EU and bilateral agreements with Russia and other countries protects foreign retailers in the country. ...Customs union with the EU and bilateral agreements with Russia and other countries protects foreign retailers in the country. Legislation is responsive to the developments in the market and does not exclude foreign companies from investing.

...BMI View: Turkey s retail industry benefits from a large urban population that is enjoying steadily rising incomes. Over our five-year forecast period to ---- we expect economic growth to be fairly slow but steady, averaging -.- a year. ...

  
Source:
Document ID
2040-9249
Country
Industry
Format:
PDF Adobe Acrobat
Buy Now

Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

About the Author


Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Turkey Retail Report" Sep 10, 2016. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Turkey-Retail-Report-2026-999>
  
APA:
Business Monitor International - Industry Reports. (2016). Turkey Retail Report Sep 10, 2016. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Turkey-Retail-Report-2026-999>
  
US$ 1,295.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Market Research from one place.