How Turkey Logistics Market Is Is Positioned?
Overview: Turkey Logistics Market comprises of both organized and unorganized players which provide both logistics and warehousing services in the country. The logistics operations are majorly centered in the Western and the Southern side of Turkey. The country is now among the world’s leading producers of agricultural products; textiles; motor vehicles, transportation equipment, and others.
Due to high growth in the manufacturing and automotive sector, players have begun turning to 3PL (Third Party Logistics). They have also been witnessed to adopt new technology. In 2012, Turkey bagged the overall rank of 27 on the LPI index but plunged to 47th position in 2018 due to a significant decline in timeliness and international shipment rankings.
Turkey Logistics and Warehousing Market
By Service Mix: Freight forwarding segment has dominated the logistics industry of Turkey and has grown at a five-year CAGR of ~% during the period 2013-2018. The market was witnessed to grow from TRY ~ billion in 2013 to TRY ~ billion in 2018. This is primarily due to an increase in bilateral trade with different countries and rising demand for transportation of goods from one place to another. Increasing export and import value have positively impacted the freight forwarding industry of the country. Courier and parcel market is the second-largest contributor in the logistics industry of Turkey and reached TRY ~ billion in 2018 owing to an increasing number of online shopping. The warehousing market acquired a revenue share of TRY ~ billion in the year 2018 which was an increment from 2013. The industry is still growing with the increasing investment in the logistics centers by the government.
Turkey Freight Forwarding Market Segmentation
By Mode of Service: Turkey freight forwarding market was dominated by road freight owing to the high transportation of cargo through roads. Sea freight and air freight acquired the second and third largest share respectively in 2018. Rail freight acquired the least share of ~% in 2018.
By Mode of Freight: This includes domestic and international freight. In terms of revenue, international freight forwarding contributed the majority share of ~% in 2018. The remaining share of ~% was occupied by domestic freight in 2018.
By Flow Corridors: European Countries flow corridor is the largest contributor in terms of revenue in the freight forwarding market owing to the trade agreement between the EU and Turkey.
Revenue by End Users: The major end-users of freight forwarding services in Turkey include the Manufacturing and Automotive sector.
By 3PL and Integrated Logistics: Third-Party Logistics dominated the freight forwarding market of Turkey in 2018 as most companies preferred to undertake third party logistics for providing freight forwarding solutions to their clients.
Turkey Warehousing Market Segmentation
By Type of Warehouses: The market share of closed warehouses in the country was evaluated to be approximate ~%. Open yards warehouses captured the market share of ~% in 2018. Cold storage warehouses captured the remaining market share of ~% in 2018.
By Business Model: The industrial and retail warehouses dominated the overall Turkey warehousing market with a revenue share of ~% in 2018. This is primarily due to increasing investment done by automotive, manufacturing and others in the country in the past few years.
By 3PL and Integrated Logistics: 3PL warehousing is gaining popularity in Turkey owing to fewer investment requirements.
By Regions: Istanbul and Izmir are the two prime locations in Turkey in terms of trade and logistics. Therefore, the warehousing space in Turkey has been clustered around these two regions.
Revenue by End Users: The major end-users of warehousing services in Turkey include F&B, Automotive, Manufacturing, Consumer Retail, and Others.
Key Segments Covered:-
Logistics and Warehousing:
By Service Mix (Freight Forwarding, Warehousing, Courier Express, and Parcel Activities and Value Added Services)
By Mode of Service (Road Freight and via Pipelines, Sea Freight, Air Freight, and Rail Freight)
Volume Data for Sea, Air, and Rail in Thousand Tonnes
By Mode of Freight (Domestic and International Freight Forwarding)
By Flow Corridors (European Countries, Asian Countries, American Countries, and Others)
By End Users (Manufacturing, Automotive, Food and Beverages, Consumer Retail and Others)
By Third-Party Logistics (3PL) and Integrated Logistics
By Business Model (Industrial/Retail, Container Freight/Inland Container Depot, and Cold Storage)
By Type of Warehouses (Closed Warehouses, Open Yards, and Cold Storage)
By Region (Istanbul, Izmir, Ankara, Bursa, and Others)
By Third-Party Logistics (3PL) and Integrated Logistics
End Users (Food and Beverages, Automotive, Manufacturing, and Consumer Retail & Others)
By Phases of Delivery (Hub-Hub, Hub-Spoke, and Spoke-Door)
By Service Mix (Freight Forwarding and Warehousing)
Snapshot on Turkey Courier, Express and Parcel Market
Competition Scenario in Turkey Courier and Parcel Market
Snapshot on Turkey E-Commerce Logistics Market
Competition Scenario in Turkey E-Commerce Logistics Market
Key Target Audience
Cold Chain Companies
Courier and Parcel Companies
Express Logistics Companies
E-Commerce Logistics Companies
Investors and Private Equity Companies
Time Period Captured in the Report:-
Historical Period: 2013-2018
Forecast Period: 2019-2025
Key Companies Covered:
Freight Forwarding and Warehousing Market:
Kuehne + Nagel
Yusen Inci Logistics
Hellmann Worldwide Logistics
Barsan Global Logistics
Courier and Parcel Market:
Key Topics Covered in the Report:-
Turkey E-Commerce Logistics Market
Warehousing Services in Turkey
Major Players Express Delivery Turkey
Warehousing Type Turkey
Freight Forwarding Market Turkey
Third-Party Logistics Market Turkey
Free Trade Agreements of Turkey
Shipping Fleet Major Turkey Seaports
Cargo Throughput Turkey Seaports
Cargo Shipment Turkey Airports
Turkey Pipeline Transport Market
Turkey Logistics Master Plan 2023
Growth Express Delivery Services Turkey
Turkey Cross Border Transportation Market
Turkey Sea Freight Forwarding Market
Turkey Air Freight Forwarding Market
Turkey Road Freight Forwarding Market
Turkey International Freight Forwarding Market
Turkey Inland Container Depot Market
Turkey Ekol Logistics Market Share
DHL Turkey Logistics Market Revenue
CEVA Logistics Turkey Warehousing Space Share
DB Schenker Warehousing Space Turkey
Kuehne + Nagel Logistics Market Growth
Turkey Hellmann Worldwide Logistics Market
For More Information On The Research Report, Refer To Below Link:-
Turkey Logistics and Warehousing Market Outlook to 2025
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