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Turkey Floor Covering Market Size (2024 - 2029)

The floor covering market in Turkey is experiencing growth driven by the production of high-quality products and the country's status as a leading carpet exporter. The market's expansion is supported by increasing exports, which significantly contribute to the national economy. Key factors influencing the market size include construction activities, rising industrialization, and the expanding middle class, alongside substantial spending in non-residential and commercial construction. The industry's integration with technology is enhancing production capacity to meet growing demand and quality standards.

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Market Size of Turkey Floor Covering Industry

Turkey Floor Covering Market Overview
Study Period 2020 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2020 - 2022
CAGR 9.60 %

Major Players

Turkey Floor Covering Market Key Players

*Disclaimer: Major Players sorted in no particular order

Turkey Floor Covering Market Analysis

The market for floor covering in Turkey has been gaining momentum due to the qualitative products produced in the country. Turkey is also known as one of the largest carpet exporters in the world and have sold their products to around 177 countries during the first half of 2019. Furthermore, it earned nearly USD 1.18 billion through the carpets and other floor covering material exports. The exports are increasing on an annual and monthly basis according to Turkey Exporters Assembly (TİM) Carpet Sector Council, and they are contributing a major share to the country's economy. In terms of provinces, the city Gaziantep made USD 782 million of the total exports, followed by Istanbul with USD 281 million, Usak with USD 43 million, Bursa with USD 18 million, and Denizli with USD 7 million. The market is primarily driven by the construction activities that are occurring in the country and worldwide, followed by the rising industrialization and the rapidly expanding middle class. The spending on non-residential and commercial construction is also contributing a major share to the revenue of the floor covering market. The integration among the different verticals of the industry and the technology is enhancing the production capacity, in order to cope with the growing demand and quality standards.

Turkey Floor Covering Industry Segmentation

The report provides a detailed study, with the underlying factors for the variations in the floor covering market growth trends. The report also provides a competitive landscape, covering company market shares, with detailed profiling for major revenue-contributing companies.

By Material
Carpet and Area Rugs
Resilent Flooring
Vinyl Flooring
Other Resilient Flooring
Non-resilent Flooring
Wood Flooring
Ceramic Flooring
Laminate Flooring
Stone Flooring
By Distribution Channel
Contractors
Specialty Stores
Home Centers
Other Distribution Channels
By End User
Residential Replacement
Commercial
Builder
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Turkey Floor Covering Market Size Summary

The floor covering market in Turkey is experiencing significant growth, driven by the country's reputation for producing high-quality products and its status as a leading carpet exporter globally. Turkey's carpet industry is renowned for its superior quality, securing a substantial share of the global carpet trade, second only to China. The market's expansion is fueled by robust construction activities, increasing industrialization, and a rapidly growing middle class. The integration of technology across various industry verticals is enhancing production capacity to meet the rising demand and quality standards. The market is also benefiting from substantial investments in non-residential and commercial construction, which contribute significantly to its revenue.

Turkey's carpet exports have shown remarkable growth, with the Middle Eastern countries and the United States being major importers. The country's carpet export trade has been a significant contributor to its economy, with key markets including Germany, Saudi Arabia, and Iraq. The floor covering market is undergoing transformation due to technological advancements and product innovation, with a noticeable shift towards eco-friendly and recyclable materials. Major players in the market are investing heavily in research and development to meet these new demands. Companies like Graniser, Anka Toprak Urunleri Sanayi ve Ticaret A S, Bien Seramik, Okur Zemin, and Usak Seramik Sanayii AS are prominent in this evolving landscape.

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Turkey Floor Covering Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

    2. 1.2 Market Restraints

    3. 1.3 Trends in Turkey Floor Covering Market

    4. 1.4 Value Chain Analysis

    5. 1.5 Porter's Five Forces Analysis

    6. 1.6 Technological Innovations

    7. 1.7 Impact of COVID-19 on Turkey Floor Covering Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Material

      1. 2.1.1 Carpet and Area Rugs

      2. 2.1.2 Resilent Flooring

        1. 2.1.2.1 Vinyl Flooring

        2. 2.1.2.2 Other Resilient Flooring

      3. 2.1.3 Non-resilent Flooring

        1. 2.1.3.1 Wood Flooring

        2. 2.1.3.2 Ceramic Flooring

        3. 2.1.3.3 Laminate Flooring

        4. 2.1.3.4 Stone Flooring

    2. 2.2 By Distribution Channel

      1. 2.2.1 Contractors

      2. 2.2.2 Specialty Stores

      3. 2.2.3 Home Centers

      4. 2.2.4 Other Distribution Channels

    3. 2.3 By End User

      1. 2.3.1 Residential Replacement

      2. 2.3.2 Commercial

      3. 2.3.3 Builder

Turkey Floor Covering Market Size FAQs

The Turkey Floor Covering Market is projected to register a CAGR of 9.60% during the forecast period (2024-2029)

Graniser , Anka Toprak Urunleri Sanayi ve Ticaret A S, Bien Seramik, Okur Zemin and Usak Seramik Sanayii AS are the major companies operating in the Turkey Floor Covering Market.

Turkey Floor Covering Market Report Snapshots

Turkey Floor Covering Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)