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Turkey Travel and Tourism Market Summary and Forecast

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    Report

  • 41 Pages
  • January 2024
  • Region: Turkey
  • MarketLine
  • ID: 5934979
Travel & Tourism in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The travel & tourism industry consists of revenues generated by passenger airlines, passenger rail, hotels & motels, foodservice, travel intermediaries, and casinos & gaming.
  • The Turkish travel & tourism industry had total revenues of $42.9 billion in 2022, representing a compound annual growth rate (CAGR) of 5.5% between 2017 and 2022.
  • The passenger airlines segment accounted for the industry's largest proportion in 2022, with total revenues of $20.8 billion, equivalent to 48.6% of the industry's overall value.
  • The growth of the industry is also attributed to rising leisure and business tourism, growth in the hotel and motel industry, an increasing number of global events attracting large visitors, boosting infrastructure development, easing mobility, and emerging adventure tourists. For instance, according to GlobalData, the proportion of travel and tourism in the GDP of Turkey increased to 4.80% in 2022 from 4.16% in the previous year.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Turkey
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Turkey
  • Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Turkey travel & tourism market with five year forecasts

Reasons to Buy

  • What was the size of the Turkey travel & tourism market by value in 2022?
  • What will be the size of the Turkey travel & tourism market in 2027?
  • What factors are affecting the strength of competition in the Turkey travel & tourism market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Turkey's travel & tourism market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
8 Company Profiles
8.1. McDonald's Corp
8.2. Wyndham Hotels & Resorts Inc
8.3. Turkish Airlines
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Turkey travel & tourism industry value: $ million, 2017-22
Table 2: Turkey travel & tourism industry category segmentation: % share, by value, 2017-2022
Table 3: Turkey travel & tourism industry category segmentation: $ million, 2017-2022
Table 4: Turkey travel & tourism industry geography segmentation: $ million, 2022
Table 5: Turkey travel & tourism industry value forecast: $ million, 2022-27
Table 6: McDonald's Corp: key facts
Table 7: McDonald's Corp: Annual Financial Ratios
Table 8: McDonald's Corp: Key Employees
Table 9: McDonald's Corp: Key Employees Continued
Table 10: Wyndham Hotels & Resorts Inc: key facts
Table 11: Wyndham Hotels & Resorts Inc: Annual Financial Ratios
Table 12: Wyndham Hotels & Resorts Inc: Key Employees
Table 13: Turkish Airlines: key facts
Table 14: Turkish Airlines: Key Employees
Table 15: Turkey size of population (million), 2018-22
Table 16: Turkey gdp (constant 2005 prices, $ billion), 2018-22
Table 17: Turkey gdp (current prices, $ billion), 2018-22
Table 18: Turkey inflation, 2018-22
Table 19: Turkey consumer price index (absolute), 2018-22
Table 20: Turkey exchange rate, 2018-22
List of Figures
Figure 1: Turkey travel & tourism industry value: $ million, 2017-22
Figure 2: Turkey travel & tourism industry category segmentation: $ million, 2017-2022
Figure 3: Turkey travel & tourism industry geography segmentation: % share, by value, 2022
Figure 4: Turkey travel & tourism industry value forecast: $ million, 2022-27
Figure 5: Forces driving competition in the travel & tourism industry in Turkey, 2022
Figure 6: Drivers of buyer power in the travel & tourism industry in Turkey, 2022
Figure 7: Drivers of supplier power in the travel & tourism industry in Turkey, 2022
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Turkey, 2022
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Turkey, 2022
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Turkey, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • McDonald's Corp
  • Wyndham Hotels & Resorts Inc
  • Turkish Airlines