Turkey’s Furniture Demand to Present Double Digit Increase

In accordance with latest search report “Turkey Furniture Market Analysis”, Turkey has been at

the cutting edge of the furniture industry growths in the entire Middle East and Europe. Growth in

revenue degrees, altering preference towards high end fashionable furniture products, and

ameliorating alternate frequency has caused this sector to be one of the most attractive business

sections in Turkey. The industry almost charged the post recessive damaging affects and

maintained a positive year during year increase in 2009. It has been discovered that, on 2010-

2013, the furniture demand will keep going to post around 16.1% CAGR growth.

The search discovered that fast economical growths have inculcated the profit degrees of the

population. The per capita income of residents has developed considerably on the past few years

and therefore, the available income has also blown up. It's anticipated that by 2014, per head

available income will exceed US$ 5700, which will increase consumer’s spending on life-style and

household products. Furniture, which is a big expense class, will experience a major boost in

demand and the industry will maintain its reputation.

At the segment front, household furniture is the most appealing market segment for local

producers. Margins of profit in household furniture segment are commonly higher than office

furniture as bulk buys rarely come about. Customization and vast diversity in the segment also

step-ups product prices and profit levels. It's expected that household segment will keep on

dominating the industry’s demand-supply mix on the back of various factors talked over and

studied in the report.

Our report “Turkey Furniture Market Analysis” is an consequence of widespread research and

abstract analysis of the Turkish furniture industry potentials. It allows for data and statistics on

furniture industry structure, production developments, demand trends, and import-export

scenarios. The report allows for segment wise furniture production and demand forecasts to ease

forefront of market intelligence. The report also covers up consumer behavior analysis and

demonstrates information on territorial market developments. Short overview of the key industry

participants have been also expanded to allow for a balanced search outlook of the concerned

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