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Turkey Flooring Market Overview, 2027

Turkey Flooring Market Overview, 2027

Bonafide Research 29-06-2022 51 Pages Figures : 6 Tables : 14
Region : MEA Country : Turkey Category : Manufacturing & Industry Construction & Building Materials

Turkey's floor-covering sector has been gaining traction as a result of the country's high-quality products. Turkey is also noted for being one of the world's leading carpet exporters, with products shipped to 177 countries in the first half of 2019. According to the Turkey Exporters' Assembly Carpet Sector Council, exports are expanding on an annual and monthly basis, and they contribute a significant portion of the country's GDP. Construction operations in the country and around the world are the primary drivers of the market, followed by rising industrialization and a rapidly expanding middle class. Non-residential and home construction projects spending account for a significant portion of the floor-covering market's revenue. Integration of the many verticals of business and technological advancements is increasing production capacity to meet continued growth and quality standards. Turkish carpet manufacturing is well-known all over the world. The outstanding quality of the carpets has made them among the top producers and exporters in the world, with a large market share second only to China in the carpet trade. Over time, Turkey's carpet and rug export trade developed dramatically. In Turkey, there are many companies, and they have huge buyers from all over the world. They have many manufacturing companies and are located in many cities, such as Istanbul, Tekkekoy, Ataehir, and other cities. The main product which is exported and supplied to different countries is laminate flooring. And this flooring is basically for residential use. People install it in their houses because it is more UV light resistant, stain resistant, scratch resistant, anti-slip resistance, and anti-bacterial resistance. These products have received certification with FSC ISO 9001, ISO 10002, ISO 27001, and EPA TSCA TS EN717-1. The other products which are offered are carpet tiles, mosque carpet, PVC flooring, and vinyl flooring, and these products are sold in bulk and wholesale. Turkey is located in such a place that most of the time in the year, the country experiences summer temperatures which exceed 32o C. And they use the product that makes the room temperature cool and pleasant. Therefore, stone flooring and laminate flooring would be good to use. The addition of carpet and rugs also benefits residential use. There is less maintenance and dirt accumulation than with carpets and rugs. According to the research report, "Turkey Flooring Market Outlook, 2027," published by Bonafide Research, the flooring market is anticipated to grow at a 5.63% CAGR in terms of value during this forecasted period. Growing investment by major market players in the research and development of flooring has impacted the market's growth. Different types of flooring markets have gained market share in every region except Turkey. The majority of companies manufacture these products for residential use, both non-resilient and resilient. Resilient housing is in demand and construction has surged. They want both the exterior and interior to be designed. This has led to demand and fuelled market growth. Carpets, rugs, and non-resilient materials are also in high demand and is expected to grow rapidly because there is a continuous increase in construction of buildings, malls, and corporate institutions. As a result, market growth will increase. Fvilxn Co., Ltd. has been operating for 11 years. Corporate headquarters are spread out across a large area and are organised into highly functional departments for R & D, production, quality testing, storage, packaging, and distribution. Each unit is fully equipped with high-speed machinery, allowing us to optimise our productivity. The products, laminate, vinyl, and wood flooring, give a better sense for installing in residential areas, which gives advantages for the people for maintenance. Kahrs is one of the companies. It has a product line that consists of wood floors, vinyl floors, and accessories for both wood and vinyl floors. They assure us that the product will protect the floor from dirt. Some of the features are that it keeps the sand outside, using protective pads on furniture allows it to be kept clean, and maintenance is low. A carpet that is installed is light and protects against dirt. Maintenance and cleaning are less because the stains can be removed from the wood. The other types of flooring are resilient, and they transport the flooring sheets. Their main features are that they are anti-slip sprint track flooring tiles, they are durable vinyl static floors, and they are resilient flooring for transport sheets. This flooring is specifically meant for sports flooring. Products are for sports flooring, gym flooring, commercial flooring, and accessories added to it. Considered in this report: • Geography: Turkey Flooring market • Historic year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecasted year: 2027 Aspects covered in this report: •Turkey Flooring Market with its value and forecast along with its segments • Application wise flooring market distribution • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By material flooring material type in the report: • Resilient Flooring • Non-resilient flooring • Carpet and Rugs End use of flooring market in the report: • Residential • Commercial • Industrial The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to solar panel coating industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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