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Tanks, Reservoir & Metal Container Manufacturing in Turkey - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

TR-C2512 June 2024 Factsheet

Revenue

€2.3bn

2019-2024 33.9 %
2024-2029 X.X %

Employees

22,908

2019-2024 7.7 %
2024-2029 X.X %

Businesses

776

2019-2024 0.7 %
2024-2029 X.X %

Wages

€XXX.Xm

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

Tanks, Reservoir & Metal Container Manufacturing in Turkey market size outlook

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

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  • 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
#3 In Europe
Business
#3 In Europe
Employees
#3 In Europe
Wages
#6 In Europe

The Tanks, Reservoir & Metal Container Manufacturing in Turkey ranks 3rd in Europe with regards to its 2024 revenue (€2.3bn). Revenue received by operators in Turkey has been high in volatility over the past five-year period, with the average annual change in revenue (33.9 %) 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 Tanks, Reservoir & Metal Container Manufacturing industry in Turkey in 2024?

The market size of the Tanks, Reservoir & Metal Container Manufacturing industry in Turkey is €2.3bn in 2024. 

How many businesses are there in the Tanks, Reservoir & Metal Container Manufacturing in Turkey industry in 2024?

There are 776 businesses in the Tanks, Reservoir & Metal Container Manufacturing industry in Turkey, which has grown at a CAGR of 0.7 % between 2019 and 2024.

Has the Tanks, Reservoir & Metal Container Manufacturing industry in Turkey grown or declined over the past 5 years?

The market size of the Tanks, Reservoir & Metal Container Manufacturing industry in Turkey has been declining at a CAGR of 0.7 % between 2019 and 2024. 

What is the forecast growth of the Tanks, Reservoir & Metal Container Manufacturing industry in Turkey over the next 5 years?

Over the next five years, the Tanks, Reservoir & Metal Container Manufacturing industry in Turkey is expected to decline.

What are the biggest companies in the Tanks, Reservoir & Metal Container Manufacturing market in Turkey?

The biggest companies operating in the Tanks, Reservoir & Metal Container Manufacturing market in Turkey are Vaillant GmbH, Robert Bosch GmbH and Remeha Group BV

What does the Tanks, Reservoir & Metal Container Manufacturing in Turkey include?

Boilers and Radiators are part of the Tanks, Reservoir & Metal Container Manufacturing industry.

Which companies have the highest market share in the Tanks, Reservoir & Metal Container Manufacturing in Turkey?

The company holding the most market share in Turkey is Vaillant GmbH.

How competitive is the Tanks, Reservoir & Metal Container Manufacturing industry in Turkey?

The level of competition is moderate and steady in the Tanks, Reservoir & Metal Container Manufacturing industry in Turkey.

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Table of Contents

About this industry

Industry definition

Companies in this industry manufacture radiant panels, central heating radiators, boilers for central heating, boiler parts, control valves, pipework and parts for installation in residential, commercial, industrial and institutional buildings. They also manufacture reservoirs, tanks and similar metal containers.

What's included in this industry?

Boilers Radiators Boiler PartsOther metal containers

Industry Code

ISIC 2006

2512 - Manufacture of tanks, reservoirs and containers of metal in Turkey

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue CAGR
  • 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 Tanks, Reservoir & Metal Container Manufacturing in Turkey
  • Employees in the Tanks, Reservoir & Metal Container Manufacturing in Turkey
  • Business in the Tanks, Reservoir & Metal Container Manufacturing in Turkey
  • Profit in the Tanks, Reservoir & Metal Container Manufacturing 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

Companies must adhere to various European standards. Regulations include ISO 9001 for quality management, ISO 14001 for environmental management and ISO 45001 for occupational health and safety management, consistent across Europe.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Tanks, Reservoir & Metal Container Manufacturing in Turkey industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Surging metal and component costs raise purchases and dent profit. Rapid price hikes in steel prices have pushed up purchase costs for manufacturers. For example, in 2021, the world price of steel more than doubled, squeezing profit.

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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 Tanks, Reservoir & Metal Container Manufacturing 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.