Turkey Freight and Logistics Market 2021-2026 skyrocketed revenue with key players PO Logistics, DBÊSchenker, Agility Logistics, DHL, KuehneÊ+ Nagel

Latest research on Turkey Freight and Logistics Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Turkey Freight and Logistics market. This report included a special section on the Impact of COVID19. Also, Turkey Freight and Logistics Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the Turkey Freight and Logistics industry.

Turkey Freight and Logistics market is growing at a CAGR of 8% during the forecast period (2021-2026).

The Turkey Freight and Logistics market is highly competitive and consists of a number of major players. Top Companies like PO Logistics, DBÊSchenker, Agility Logistics, DHL, KuehneÊ+ Nagel, Nippon Express, C.H. Robinson, HellmannÊWorldwide Logistics, OmsanÊLogistics, CEVAÊLogistics, KarincaÊLogistics, KITAÊLogistics, EkolÊLogistics, NetlogÊLogistics, Mars Logistics*

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Regional Analysis:

Furthermore, to broaden the understanding, researchers have studied the global Turkey Freight and Logistics market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.

Turkey Freight and Logistics Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.

Scope of the Report

The key growth drivers for the market include increasing online purchasing boosting the e-commerce market, the Middle Corridor Initiative by Turkey, increasing yearly investments by the government to improve the state of infrastructure in the country such as road & rail networks, and expansion of airports and seaports.

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Key Market Trends

Roadways have Largest market Share for Domestic Freight Transportation

The manufacturing and the automotive industries have been the major driving force for the growth of the logistics industry in Turkey. The manufacturing sector contributed to almost 25.0% of the country’s GDP. The machinery and equipment manufacturing sector has been the major contributor to the exported items in Turkey. As a result, Turkey is the fourteenth major automotive producer in the world and fifth-largest in Europe, with a 78.0% average export rate. For the domestic manufacturer’s in these industries the transportation costs are a huge segment of the product’s final cost, as a result the roadways are more preferred over any other mode of freight transportation. More than 85% of domestic freight is transported through roads in turkey, a huge majority compared to the next largest market sector, rail, with 5%.

Infrastructure Investments and Public Private Partnership (PPP)

Turkish economy is rapidly growing with an average annual GDP growth rate of 5.5%. With increasing population and urbanization, the manufacturing industries are also flourishing. Therefore, Turkey’s growing trade volume and strategic location compels the country to develop its infrastructure. Till mid-2019, Turkey has implemented $139 Billion worth of Public Private Partnership (PPP) projects in a variety of sectors from transportation to healthcare and energy, ample opportunities for investment are available. Turkey has implemented a variety of mega projects with Build-Operate-Transfer model such as New Istanbul Airport, Yavuz Sultan Selim Bridge, Gebze- Orhangazi  Izmir Motorway and Eurasia Tunnel. A total of 242 projects have been set up from 1986 till 2018. Transportation and energy infrastructure projects dominate the PPP market in Turkey. From 2003 - 2018, a total of 515 billion _ worth of infrastructure investments have been done including completed PPP projects and government investments.

What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Turkey Freight and Logistics Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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