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Motor Vehicle Wholesaling & Retailing in Turkey - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

TR-G451 March 2024 Factsheet

Revenue

€37.6bn

2019-2024 30.1 %
2024-2029 X.X %

Employees

52,099

2019-2024 0.0 %
2024-2029 X.X %

Businesses

14,368

2019-2024 0.0 %
2024-2029 X.X %

Wages

€XXX.Xm

2019-2024 XX.X %
2024-2029 X.X %

Motor Vehicle Wholesaling & Retailing in Turkey market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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National industry coverage with a European twist

  • Market estimates from 2014-2029
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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Turkey compared to Europe?

Country Benchmarking

Industry Data Turkey

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#9 In Europe
Business
#9 In Europe
Employees
#9 In Europe
Wages
#19 In Europe

The Motor Vehicle Wholesaling & Retailing in Turkey ranks 9 in Europe with regards to its 2024 revenue (€37.6bn). Revenue received by operators in Turkey has been high in volatility over the past five-year period, with the average annual change in revenue (30.1 %) most comparable to...

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Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

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What is the market size of the Motor Vehicle Wholesaling & Retailing industry in Turkey in 2024?

The market size of the Motor Vehicle Wholesaling & Retailing industry in Turkey is €37.6bn in 2024.

How many businesses are there in the Motor Vehicle Wholesaling & Retailing in Turkey industry in 2024?

There are 14,368 businesses in the Motor Vehicle Wholesaling & Retailing industry in Turkey, which has declined at a CAGR of 0.0 % between 2019 and 2024.

Has the Motor Vehicle Wholesaling & Retailing industry in Turkey grown or declined over the past 5 years?

The market size of the Motor Vehicle Wholesaling & Retailing industry in Turkey has been declining at a CAGR of 30.1 % between 2019 and 2024.

What is the forecast growth of the Motor Vehicle Wholesaling & Retailing industry in Turkey over the next 5 years?

Over the next five years, the Motor Vehicle Wholesaling & Retailing industry in Turkey is expected to

What are the biggest companies in the Motor Vehicle Wholesaling & Retailing market in Turkey?

The biggest companies operating in the Motor Vehicle Wholesaling & Retailing market in Turkey are Volkswagen AG, Stellantis NV and Toyota Motor Europe NV/SA

What does the Motor Vehicle Wholesaling & Retailing in Turkey include?

Diesel vehicles and Petrol vehicles are part of the Motor Vehicle Wholesaling & Retailing industry.

Which companies have the highest market share in the Motor Vehicle Wholesaling & Retailing in Turkey?

The company holding the most market share in Turkey is Volkswagen AG.

How competitive is the Motor Vehicle Wholesaling & Retailing industry in Turkey?

The level of competition is moderate and steady in the Motor Vehicle Wholesaling & Retailing industry in Turkey.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

Companies in this industry sell new and used cars. The industry includes retailers (which sell directly to consumers) and wholesalers (which sell to car dealers). Passenger motor vehicles and specialised motor vehicles fall under this industry.

What's included in this industry?

Diesel vehiclesPetrol vehiclesElectric vehiclesCommercial vehicles

Industry Code

ISIC 2006

451 - Sale of motor vehicles in Turkey

Performance

Revenue Highlights

Trends
  • Revenue
  • Current Year Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Motor Vehicle Wholesaling & Retailing in Turkey
  • Employees in the Motor Vehicle Wholesaling & Retailing in Turkey
  • Business in the Motor Vehicle Wholesaling & Retailing in Turkey
  • Profit in the Motor Vehicle Wholesaling & Retailing in Turkey

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Future bans on new petrol and diesel car sales intensify. The UK and the EU will effectively ban the sale of new petrol and diesel cars by 2030 and 2035 respectively to reduce greenhouse gas emissions.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Motor Vehicle Wholesaling & Retailing in Turkey industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

A semiconductor shortage leads to severe lost sales opportunities.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Motor Vehicle Wholesaling & Retailing in Turkey industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.