NEW YORK, Dec. 11, 2023 /PRNewswire/ — The wood manufacturing market in Turkey is expected to grow by USD 1.24 billion from 2023 to 2028. In addition, the growth momentum of the market will progress at a CAGR of 4.12% during the forecast period, according to Technavio. The growing urban population is notably driving the wood manufacturing market in Turkey. However, factors such as high volatility in raw material prices may impede market growth. The market is segmented by application (residential and commercial), end-user (construction, furniture, and others), and product type (sawnwood, paper and paperboard, fiberboard, particle board, and others). We provide a detailed analysis of 20 companies operating in the wood manufacturing market in Turkey, including AGT Agac Sanayi ve Ticaret A.S., Bahar Orman Urunleri San. Ve Tic. AS, Cameroon Timber Export Sarl, Camsan Entegre Agac Sanayi ve Ticaret A.S, Cevizoglu Magazacilik San. ve Tic. A.S., Daco Parke, Deksan Kontrplak Agac San. Ltd. Sti., Kastamonu Entegre, Kronospan Ltd., M.Y WOOD INDUSTRY Co., Novawood AS, Salkim Orman Urunleri San. ve Tic. A.S, Tanwood Orman Urunleri, and Yildiz Entegre.The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request a Free Sample Report.
Wood Manufacturing Market In Turkey 2024-2028: Company Analysis
AGT Agac Sanayi ve Ticaret A.S: The company offers wood manufacturing products such as lam coated panel, polymer coated panel, wall profile, and furniture profile.
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Wood Manufacturing Market In Turkey 2024-2028: Segmentation
Application
- The market growth by residential segment is significant during the forecast period. Factors including the increase in new home-building activities, home remodeling and renovation initiatives, and a growing emphasis on visually beautiful, sustainable timber interiors are contributing to the growth of this segment. In addition, the increasing demand for wood products from residential segment fuels the growth of this segment. Furthermore, the growing preference towards hardwood residential applications is presenting prospects for producers to introduce novel ideas and address the changing preferences of homeowners and their sustainability concerns. Hence, such factors are fueling the growth of this segment, which in turn drives the market growth during the forecast period.
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a Free PDF Sample Report
Wood Manufacturing Market In Turkey 2024-2028: Key Highlights
- Historic Market Size 2018-2022
- CAGR of the market during 2024-2028
- Detailed information on factors that will assist Turkey wood manufacturing market in growth during the next five years
- Estimation of the Turkey wood manufacturing market size and its contribution to the parent market
- Forecasts on upcoming trends and changes in consumer behavior
- The growth of the wood manufacturing market in Turkey
- Analysis of the competitive landscape and detailed information on companies
- Comprehensive details of factors that will impede the growth of Turkey wood manufacturing market.
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Turkey Wood Manufacturing Market Scope |
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Report Coverage |
Details |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.12% |
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Market Growth 2024-2028 |
USD 1.24 billion |
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Market structure |
Concentrated |
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YoY growth 2022-2023 (%) |
3.81 |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by End-user
Market Segmentation by Product type
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
SOURCE Technavio
