The market is dominated by domestic suppliers, as imports account for 29.2% of total market size in 2023. B2B drives market demand, with B2B spending representing 57.7% of total demand in 2023. Turkey has the sixth largest market size for plastic products regionally, with demand reaching USD17.6 billion in 2023. Firat Plastik Kaucuk Sani Ve Tic AS is the largest company in Turkey, generating 1.9% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 5.5% of total production value in 2023. The total number of companies increases in 2023, to 31,396 units. The costs of the industry increase by 10.5% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 37.5% of production value in 2023, the highest regionally. The industry’s exports share decreases in 2023 to 48.3% of total production output. With production value of USD21.2 billion, Turkey accounts for 7.0% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Plastic Products in Turkey: ISIC 252. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Plastic Products in Turkey: ISIC 252 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Rubber and Plastic is an aggregation of Plastic and Rubber products.
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