Consumer Products, DURABLE GOODS & RETAIL
When the times are financially uncertain, one of the first industries to go under extreme pressure is Consumer driven industries. Recent unfortunate global economic chaos has created new marketplace realities with extremely cautious consumers, which retail and consumer products companies had to address in a short period of time. Companies that are receptive and quick to respond are staying ahead of the competition.
Steady economic growth with strong economic policies backed by a population with increasing purchasing power helped Turkey survive the wave and retail industry and consumer market is still expected to grow. The Turkey retail market size was TRY 3,829 billion in 2022. The market is expected to grow at a CAGR of more than 40% during 2022-2027. The Turkey retail market research report provides both historic and forecast market data for total retail sales in Turkey.
At ICS, we understand what it takes to keep up with the constant changes affecting this marketplace. In this volatile industry, success requires quick, effectively implemented decisions, accurate forecasting of trends, and the guidance of an active advisor.
Our experienced associates will help you remain focused on your long-term goals while implementing new ways to create value and control costs in today’s intensely competitive marketplace and conform to legislation.