Turkey Courier, Express, and Parcel Companies (2024 - 2029)

Turkey Courier, Express, and Parcel Market Companies Summary

The courier, express, and parcel (CEP) market in Turkey is projected to experience significant growth in the coming years. This growth is expected to be driven by various factors, including the impact of the COVID-19 pandemic, which has led to changes in consumer behavior and an increase in demand for online delivery services. To meet this demand, logistics firms have expanded their online delivery capacities. Additionally, the Turkish government's Transport Vision 2053 program, which aims to enhance the development of all transport modes in the country, is anticipated to contribute to the CEP market's growth. Furthermore, the growth of the e-commerce sector in Turkey is also expected to boost the CEP market. In response to the increasing e-commerce sales, a major Chinese e-commerce company has planned a substantial investment to establish a logistics hub at Istanbul Airport and a data center near Ankara. This investment, coupled with the Turkish government's initiatives to improve logistics infrastructure and the growing demand for temperature-controlled logistics due to the rapid growth of the pharmaceutical industry, are likely to fuel the growth of the CEP market in Turkey.