Construction Industry in Turkey Sees Robust Growth with CAGR of 3.6% by 2027
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Dublin, Jan. 12, 2024 (GLOBE NEWSWIRE) -- The "Turkey Construction Industry Databook Series - Market Size & Forecast by Value and Volume (area and units), Q2 2023 Update" report has been added to ResearchAndMarkets.com's offering.

The construction industry in Turkey is expected to grow steadily over the next four quarters. The growth momentum is expected to continue over the forecast period, recording a CAGR of 3.6% during 2023-2027. The construction output in Turkey is forecast to reach TRY 316.045 billion by 2027.

This market intelligence report provides a detailed view of market opportunities in the building and infrastructure construction industry at country level. With over 100+ KPIs, covering growth dynamics in building construction, infrastructure construction, construction cost structure analysis and analysis by key cities in Turkey, this databook offering primarily provides data-centric analysis with charts and tables.

  • Market Dynamics by Value, Volume, and No. of Units: Provides a comprehensive data-centric view of size and structure, industry dynamics, and end market opportunities in the building and infrastructure construction industry in Turkey.

  • Residential Construction Outlook: Provides market analysis by type of construction, development stage, price point, and key cities. KPIs include value, volume and number of units.

  • Commercial Construction Outlook: Provides construction outlook by value and volume across office buildings, retail buildings, hospitality buildings, restaurant buildings, and sports facilities.

  • Institutional Construction Outlook: Provides construction outlook by value and volume across manufacturing plant buildings, metal & material processing buildings, chemical & pharmaceutical buildings.

  • Industrial Construction Outlook: Provides construction outlook by value and volume across manufacturing plants, educational buildings.

  • Infrastructure Construction Outlook: Provides growth dynamics and market analysis by three key sections such as marine and inland, utility system and transport infrastructure construction.

  • City Level Analysis: Provides outlook of top 10 cities in Turkey by construction value.

  • Construction Cost Structure Analysis: Provides outlook of different construction cost like material, labour, equipment, and others costs by construction value. At granular level, this module provides in detail material cost analysis by type of materials and labour cost by type of work by construction value.

Market Data and Insights:

This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2018-2027 in Turkey.

KPIs covered include the following:

  • Market size by value

  • Market size by volume of construction

  • Number of units