Residential Construction in Turkey - Market Summary, Competitive Analysis and Forecast to 2025

May 2021 | 35 pages | ID: R348B90B2E6AEN
MarketLine

Abstracts

Residential Construction in Turkey - Market @Summary, Competitive Analysis and Forecast to 2025

SUMMARY

Residential Construction in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

KEY HIGHLIGHTS

• The residential construction market is defined as the value of work put in place annually for residential buildings. Market value is defined in general as the total output value of construction activity in any given time period, including costs related to construction materials, equipment and services for new construction, refurbishment, repair and maintenance and demolition. All market data and forecasts are represented in nominal terms (i.e. without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2020 annual average exchange rates.
• The Turkish residential construction market had total revenues of $69.5bn in 2020, representing a compound annual rate of change (CARC) of -10.3% between 2016 and 2020.
• The new construction segment was the market's most lucrative in 2020, with total revenues of $47.5bn, equivalent to 68.3% of the market's overall value.
• The Turkish government’s Five-Year Development Plan for 2019-2023 will continue to make a positive contribution to the residential construction market in the coming years, with a plan to build 250,000 social houses for low-income and disadvantaged families across the four years.

SCOPE

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the residential construction market in Turkey
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the residential construction market in Turkey
• Leading company profiles reveal details of key residential construction market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Turkey residential construction market with five year forecasts

REASONS TO BUY

• What was the size of the Turkey residential construction market by value in 2020?
• What will be the size of the Turkey residential construction market in 2025?
• What factors are affecting the strength of competition in the Turkey residential construction market?
• How has the market performed over the last five years?
• What are the main segments that make up Turkey's residential construction market?

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 were the leading players in 2020?
7.2. How do Turkish contractors compete with larger multinationals?
7.3. Who was behind the biggest residential construction projects in 2020?

8 COMPANY PROFILES

8.1. Ronesans Gayrimenkul Yat?r?m AS
8.2. Nurol Construction and Trading Co Inc
8.3. Alarko 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

LIST OF TABLES

Table 1: Turkey residential construction sector value: $ million, 2016-20
Table 2: Turkey residential construction sector category segmentation: $ million, 2020
Table 3: Turkey residential construction sector geography segmentation: $ million, 2020
Table 4: Turkey residential construction sector value forecast: $ million, 2020-25
Table 5: Ronesans Gayrimenkul Yat?r?m AS: key facts
Table 6: Ronesans Gayrimenkul Yat?r?m AS: Key Employees
Table 7: Nurol Construction and Trading Co Inc: key facts
Table 8: Nurol Construction and Trading Co Inc: Key Employees
Table 9: Alarko Holding AS: key facts
Table 10: Alarko Holding AS: Annual Financial Ratios
Table 11: Alarko Holding AS: Key Employees
Table 12: Turkey size of population (million), 2016-20
Table 13: Turkey gdp (constant 2005 prices, $ billion), 2016-20
Table 14: Turkey gdp (current prices, $ billion), 2016-20
Table 15: Turkey inflation, 2016-20
Table 16: Turkey consumer price index (absolute), 2016-20
Table 17: Turkey exchange rate, 2016-20

List Of Figures

LIST OF FIGURES

Figure 1: Turkey residential construction sector value: $ million, 2016-20
Figure 2: Turkey residential construction sector category segmentation: % share, by value, 2020
Figure 3: Turkey residential construction sector geography segmentation: % share, by value, 2020
Figure 4: Turkey residential construction sector value forecast: $ million, 2020-25
Figure 5: Forces driving competition in the residential construction sector in Turkey, 2020
Figure 6: Drivers of buyer power in the residential construction sector in Turkey, 2020
Figure 7: Drivers of supplier power in the residential construction sector in Turkey, 2020
Figure 8: Factors influencing the likelihood of new entrants in the residential construction sector in Turkey, 2020
Figure 9: Factors influencing the threat of substitutes in the residential construction sector in Turkey, 2020
Figure 10: Drivers of degree of rivalry in the residential construction sector in Turkey, 2020