UKTI Turkey Turkey

Opportunities for Retail operations interested in opening to international markets via franchise, distribution or concession.

Turkish Retail sector is one of the most appealing sectors for investors and consumers alike. The size of the retail sector reaches $280 billion in 2014 and fashion retail accounts for $30 billion of this figure. The market is expected to grow at a pace of 7% in value and 4% in volume between 2015 and 2018.

  • Clothing & Footwear sector received a high level of investor interest in recent years
  • It is expected to grow 8% in the next 3 years and reach $37 billion in 2018
  • Turkey is a rapidly emerging luxury market with increasing number of luxury fashion brands due to growing local clientele coupled with rising tourist inflow, especially from the Middle East
  • Istanbul is becoming a fashion centre in its own right
Ms Guliz Kiymaz
Ms Guliz Kiymaz
UKTI Trade Manager