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Textile, Clothing & Leather Processing Machinery Manufacturing in Turkey - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

TR-C2826 August 2024 Factsheet

Revenue

€1.3bn

2019-2024 15.6 %
2024-2029 X.X %

Employees

15,856

2019-2024 5.0 %
2024-2029 X.X %

Businesses

337

2019-2024 11.1 %
2024-2029 XX.X %

Wages

€XXX.Xm

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

Textile, Clothing & Leather Processing Machinery Manufacturing in Turkey market size outlook

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

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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
#4 In Europe
Business
#2 In Europe
Employees
#2 In Europe
Wages
#4 In Europe

The Textile, Clothing & Leather Processing Machinery Manufacturing in Turkey ranks 4 in Europe with regards to its 2024 revenue (€1.3bn). Revenue received by operators in Turkey has been moderate in volatility over the past five-year period, with the average annual change in revenue (15.6 %) 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 Textile, Clothing & Leather Processing Machinery Manufacturing industry in Turkey in 2024?

The market size of the Textile, Clothing & Leather Processing Machinery Manufacturing industry in Turkey is €1.3bn in 2024.

How many businesses are there in the Textile, Clothing & Leather Processing Machinery Manufacturing in Turkey industry in 2024?

There are 337 businesses in the Textile, Clothing & Leather Processing Machinery Manufacturing industry in Turkey, which has declined at a CAGR of 11.1 % between 2019 and 2024.

Has the Textile, Clothing & Leather Processing Machinery Manufacturing industry in Turkey grown or declined over the past 5 years?

The market size of the Textile, Clothing & Leather Processing Machinery Manufacturing industry in Turkey has been declining at a CAGR of 15.6 % between 2019 and 2024.

What is the forecast growth of the Textile, Clothing & Leather Processing Machinery Manufacturing industry in Turkey over the next 5 years?

Over the next five years, the Textile, Clothing & Leather Processing Machinery Manufacturing industry in Turkey is expected to grow.

What are the biggest companies in the Textile, Clothing & Leather Processing Machinery Manufacturing market in Turkey?

The biggest companies operating in the Textile, Clothing & Leather Processing Machinery Manufacturing market in Turkey are KARL MAYER Holding SE & Co KG and Prosmh Makina Pazarlama San ve Tic AS

What does the Textile, Clothing & Leather Processing Machinery Manufacturing in Turkey include?

Textile weaving machines and Textile finishing machines are part of the Textile, Clothing & Leather Processing Machinery Manufacturing industry.

Which companies have the highest market share in the Textile, Clothing & Leather Processing Machinery Manufacturing in Turkey?

The company holding the most market share in Turkey is KARL MAYER Holding SE & Co KG.

How competitive is the Textile, Clothing & Leather Processing Machinery Manufacturing industry in Turkey?

The level of competition is moderate and steady in the Textile, Clothing & Leather Processing Machinery Manufacturing industry in Turkey.

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Table of Contents

About this industry

Industry definition

Companies in this industry manufacture machinery used in textile, apparel and leather production, such as textile processing, knitting, sewing and leatherworking machines. This includes machines for fibre preparation, dyeing, finishing, printing textiles, laundry operations and footwear or leather goods production or repair.

What's included in this industry?

Textile weaving machinesTextile finishing machinesLeather working machinesMachine parts

Industry Code

ISIC 2006

2826 - Manufacture of machinery for textile, apparel and leather production in Turkey

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 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 Textile, Clothing & Leather Processing Machinery Manufacturing in Turkey
  • Employees in the Textile, Clothing & Leather Processing Machinery Manufacturing in Turkey
  • Business in the Textile, Clothing & Leather Processing Machinery Manufacturing in Turkey
  • Profit in the Textile, Clothing & Leather Processing Machinery 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

Europe imposes stringent safety regulations on machinery manufacturers. Legislation aims to ensure the safety of users and maintain high product quality standards.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Textile, Clothing & Leather Processing Machinery Manufacturing in Turkey industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Economic woes hit profitability. Rising commodity costs, tough competition from low-cost foreign rivals and low consumer and business spending have all limited manufacturers’ returns.

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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 Textile, Clothing & Leather Processing Machinery 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. 

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