Turkey Construction Market (2026-2032) | Segmentation, Size & Revenue, Share, Outlook, Trends, Analysis, Forecast, Industry, Growth, Competitive Landscape, Value, Companies

Market Forecast By Product (Heavy and Civil Engineering, General Construction), By Sector (Urban, Rural), By Category (New, Renovation) And Competitive Landscape

Product Code: ETC9811812 Publication Date: Sep 2024 Updated Date: Jan 1970 Product Type: Market Research Report
Publisher: 6Wresearch Author: Sumit Sagar No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Turkey Construction Market Growth Rate

According to 6Wresearch internal database and industry insights, the Turkey Construction Market is projected to grow at a compound annual growth rate (CAGR) of 6.1% during the forecast period (2026–2032).

Five-Years Growth Trajectory of the Turkey Construction Market with Core Drivers

Below is the evaluation of the year-wise growth rate along with key drivers:

Years Estimated Annual Growth (%) Growth Drivers
2021 4.3 Rising urbanization and demand for residential buildings
2022 4.7 Increase in government infrastructure projects and commercial construction
2023 5 Growth in the demand for eco-friendly and energy-efficient buildings
2024 5.3 Rise in tourism and hospitality sectors driving commercial projects
2025 5.7 Expansion of e-commerce leading to more retail construction

Topics Covered in the Turkey Construction Market Report

The Turkey Construction Market report thoroughly covers the market by Product Types, Sectors, and Categories. The report provides a detailed analysis of ongoing market trends, opportunities/high-growth areas, and market drivers that will help stakeholders devise and align strategies according to current and future market dynamics.

Turkey Construction Market Highlights

Report Name Turkey Construction Market
Forecast period 2026-2032
CAGR 6.1%
Growing Sector Construction and Infrastructure

Turkey Construction Market Synopsis

The Turkey Construction Industry is expanding due to rising demand for residential, commercial, and infrastructure projects. Growth is being fueled by heightened investments from both public and private sectors. Urbanization, a recovering real estate market, and government backing for major infrastructure initiatives are all playing a key role in market expansion. Moreover, the emphasis on sustainable building practices, energy efficiency, and the rise of the green construction industry are driving current market trends. Technological progress, particularly in the digitalization of construction, is also speeding up market development.

Evaluation of Growth Drivers in the Turkey Construction Market

Below are some prominent drivers and their influence on the Turkey Construction Market dynamics:

Drivers Primary Segments Affected Why it Matters
Urbanization By Sector (Urban) Rising population and increasing urban development is driving construction demand in cities.
Infrastructure Projects By Product (Heavy and Civil Engineering) Government investment in transportation, energy, and public infrastructure is increasing project execution.
Eco-Friendly Construction Practices By Category (New) The shift to sustainable construction methods is pushing demand for green buildings.
Private Investments in Real Estate By Sector (Urban, Commercial) The growing interest in urban housing and commercial spaces is driving the sector.

The Turkey Construction Market is expected to grow at a CAGR of 6.1% during the forecast period (2026–2032). The growth of the market is driven driven by many factors, such as increasing demand for homes and businesses, urbanisation of populations, and increased investment in technological advancements. The recent focus on creating sustainable and environmentally friendly products will also contribute to the overall growth of the industry. The ongoing trend toward creating "green" buildings and the installation of energy-efficient systems will also help drive growth in the construction industry over the next several years.

Evaluation of Restraints in the Turkey Construction Market

Below are some prominent restraints and their influence on the Turkey Construction Market dynamics:

Restraints Primary Segments Affected What this Means
High Raw Material Costs By Product (Wood, Metal, Concrete) Fluctuating prices of construction materials such as steel and cement can raise production costs.
Regulatory Constraints By Product (General Construction) Adhering to stringent environmental and building regulations can result in project delays and increased costs.
Economic Instability By Sector (Commercial, Residential) Project delays and budget overruns may occur due to inflation and the devaluation of currency.
Limited Skilled Labor By Sector (Urban, Rural) The lack of skilled workers may cause construction timelines to stretch and negatively impact the quality of the project.

Turkey Construction Market Challenges

The Turkey Construction Industry is dealing with several challenges such as fluctuating raw material prices, high project costs, and regulatory limitations. A shortage of skilled labor, economic instability, and the growing demand for eco-friendly solutions are pushing costs higher. However, competition from cheaper imports and the difficulty of obtaining funding for large-scale projects are further complicating market growth. Construction firms need to develop effective solutions to navigate these hurdles while maintaining steady progress and delivering projects on schedule and within financial limits.

Turkey Construction Market Trends

Several key trends are shaping the Turkey Construction Market Growth:

  • Smart City Development: Growing smart city initiatives are boosting the need for modern construction methods, energy-saving buildings, and intelligent infrastructure.
  • Sustainability and Green Building Practices: The growing emphasis on eco-friendly construction and green building certifications, such as BCA Green Mark, is having a significant impact on the industry.
  • Modular and prefabrication methods: focus on factory-built components that are transported and installed on-site, reducing construction time and labor needs.
  • Public-Private Partnerships (PPP): Increasing PPPs between governments and private companies are becoming more common as a result of the government willingness to partner with the private sector on larger scale infrastructure and construction projects.

Investment Opportunities in the Turkey Construction Market

Some notable investment opportunities include:

  • Sustainable Construction: Public initiatives prioritize green construction practices through funding for environmentally responsible and energy-saving buildings.
  • Smart Infrastructure: There are certain ways through which funding for modern infrastructure considering technology could be expanded.
  • Residential Development: Growing demand for residential units in urban centers supports ongoing expansion prospects for developers.
  • Transportation and Utility Projects: Turkey is spending large amounts of money on transportation networks and utilities, creating significant growth opportunities in heavy civil engineering and infrastructure projects.

Top 5 Leading Players in the Turkey Construction Market

Some leading players operating in the Turkey Construction Market Share include:

1. Enka İnşaat ve Sanayi A.Ş.

Company Name Enka İnşaat ve Sanayi A.Ş.
Established Year 1957
Headquarters Istanbul, Turkey
Official Website Click Here

A leading Turkish contractor, Enka specializes in construction, infrastructure, and industrial projects globally. Enka has a significant presence in energy, transportation, and residential developments.

2. Tekfen Construction

Company Name Tekfen Construction
Established Year 1956
Headquarters Istanbul, Turkey
Official Website Click Here

Tekfen Construction is a leading player in the Turkish construction industry, known for its expertise in large-scale infrastructure and industrial projects. The company also focuses on residential and commercial developments.

3. STFA Group

Company Name STFA Group
Established Year 1958
Headquarters Istanbul, Turkey
Official Website -

STFA Group is known for its involvement in heavy civil engineering projects, including infrastructure, bridges, and transportation systems, with a global presence in the construction sector.

4. Rönesans Holding

Company Name Rönesans Holding
Established Year 1993
Headquarters Istanbul, Turkey
Official Website Click Here

A multinational construction company, Rönesans is involved in commercial and residential construction, as well as infrastructure and energy projects, and has a significant role in global markets.

5. Yapı Merkezi

Company Name Yapı Merkezi
Established Year 1965
Headquarters Istanbul, Turkey
Official Website -

Yapı Merkezi is a prominent Turkish contractor, focusing on high-profile projects in civil engineering, residential construction, and large-scale infrastructure across the globe.

Government Regulations Introduced in the Turkey Construction Market

According to Turkish Government data, with initiatives like the Green Building Certification and Sustainable Construction Regulations, there is a strong push for eco-friendly building materials and practices. These initiatives provide financial rewards and tax incentives for projects that emphasize energy efficiency, sustainability, and reducing carbon emissions in construction. Key government strategies, including the National Energy Efficiency Action Plan (NEEAP), aim to lower energy consumption in buildings and enhance the energy performance of construction projects.

Future Insights of the Turkey Construction Market

The Turkey Construction Market is projected to maintain its growth due to rising demand for residential, commercial, and infrastructure projects. Government backing for sustainable building practices, along with investments in urban development, infrastructure, and energy-efficient buildings, will fuel market growth. Furthermore, the sector focus on incorporating new technologies like 3D printing and smart homes, combined with increasing demand for energy-efficient buildings, will drive long-term expansion and development in the market.

Market Segmentation Analysis

The report offers a comprehensive study of the following market segments and their leading categories:

By Product – General Construction to Lead the Market

According to Ritika Kalra, Senior Research Analyst at 6Wresearch, General construction will dominate the market, with rising residential and commercial projects fueled by urbanization and a growing population. The demand for infrastructure projects such as highways, airports, and energy-efficient buildings will continue to rise in the coming years.

By Sector – Urban to Lead the Market

Urban construction will remain a key market driver, supported by the swift urbanization of cities, rising demand for residential and commercial properties, and large infrastructure developments in urban areas.

By Category – New Construction to Lead the Market

New construction will lead the market, driven by high demand for residential buildings, commercial complexes, and large infrastructure projects in Turkey's growing urban areas.

Key Attractiveness of the Report

  • 10 Years of Market Numbers
  • Historical Data Starting from 2022 to 2025
  • Base Year: 2025
  • Forecast Data until 2032
  • Key Performance Indicators Impacting the Market
  • Major Upcoming Developments and Projects

Key Highlights of the Report:

  • Turkey Construction Market Outlook
  • Market Size of Turkey Construction Market, 2025
  • Forecast of Turkey Construction Market, 2032
  • Historical Data and Forecast of Turkey Construction Revenues & Volume for the Period 2022- 2032
  • Turkey Construction Market Trend Evolution
  • Turkey Construction Market Drivers and Challenges
  • Turkey Construction Price Trends
  • Turkey Construction Porter's Five Forces
  • Turkey Construction Industry Life Cycle
  • Historical Data and Forecast of Turkey Construction Market Revenues & Volume By Product for the Period 2022- 2032
  • Historical Data and Forecast of Turkey Construction Market Revenues & Volume By Heavy and Civil Engineering for the Period 2022- 2032
  • Historical Data and Forecast of Turkey Construction Market Revenues & Volume By General Construction for the Period 2022- 2032
  • Historical Data and Forecast of Turkey Construction Market Revenues & Volume By Sector for the Period 2022- 2032
  • Historical Data and Forecast of Turkey Construction Market Revenues & Volume By Urban for the Period 2022- 2032
  • Historical Data and Forecast of Turkey Construction Market Revenues & Volume By Rural for the Period 2022- 2032
  • Historical Data and Forecast of Turkey Construction Market Revenues & Volume By Category for the Period 2022- 2032
  • Historical Data and Forecast of Turkey Construction Market Revenues & Volume By New for the Period 2022- 2032
  • Historical Data and Forecast of Turkey Construction Market Revenues & Volume By Renovation for the Period 2022- 2032
  • Turkey Construction Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Sector
  • Market Opportunity Assessment By Category
  • Turkey Construction Top Companies Market Share
  • Turkey Construction Competitive Benchmarking By Technical and Operational Parameters
  • Turkey Construction Company Profiles
  • Turkey Construction Key Strategic Recommendations

Markets Covered

The report offers a comprehensive study of the following market segments:

By Product

  • Heavy and Civil Engineering
  • General Construction

By Sector

  • Urban
  • Rural

By Category

  • New Construction
  • Renovation

Turkey Construction Market (2026-2032): FAQs

The Turkey Construction Market is projected to grow at a CAGR of 6.1% during the forecast period 2026–2032.
The market faces challenges such as fluctuating raw material prices, skilled labor shortages, and stringent regulations.
Increasing urbanization, infrastructure development, and growing investments in residential and commercial construction are the primary growth drivers.
Programs from the government supporting sustainable construction, energy-efficient buildings, and large infrastructure projects are vital for driving the growth of the market.
6Wresearch actively monitors the Turkey Construction Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Turkey Construction Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Turkey Construction Market Overview
3.1 Turkey Country Macro Economic Indicators
3.2 Turkey Construction Market Revenues & Volume, 2022 & 2032F
3.3 Turkey Construction Market - Industry Life Cycle
3.4 Turkey Construction Market - Porter's Five Forces
3.5 Turkey Construction Market Revenues & Volume Share, By Product, 2022 & 2032F
3.6 Turkey Construction Market Revenues & Volume Share, By Sector, 2022 & 2032F
3.7 Turkey Construction Market Revenues & Volume Share, By Category, 2022 & 2032F
4 Turkey Construction Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.2.1 Government infrastructure development projects
4.2.2 Growing urban population leading to increased demand for residential and commercial spaces
4.2.3 Foreign direct investments in the construction sector
4.3 Market Restraints
4.3.1 Economic instability affecting funding for construction projects
4.3.2 Fluctuating raw material prices impacting construction costs
4.3.3 Regulatory challenges and bureaucratic procedures delaying project timelines
5 Turkey Construction Market Trends
6 Turkey Construction Market, By Types
6.1 Turkey Construction Market, By Product
6.1.1 Overview and Analysis
6.1.2 Turkey Construction Market Revenues & Volume, By Product, 2022- 2032F
6.1.3 Turkey Construction Market Revenues & Volume, By Heavy and Civil Engineering, 2022- 2032F
6.1.4 Turkey Construction Market Revenues & Volume, By General Construction, 2022- 2032F
6.2 Turkey Construction Market, By Sector
6.2.1 Overview and Analysis
6.2.2 Turkey Construction Market Revenues & Volume, By Urban, 2022- 2032F
6.2.3 Turkey Construction Market Revenues & Volume, By Rural, 2022- 2032F
6.3 Turkey Construction Market, By Category
6.3.1 Overview and Analysis
6.3.2 Turkey Construction Market Revenues & Volume, By New, 2022- 2032F
6.3.3 Turkey Construction Market Revenues & Volume, By Renovation, 2022- 2032F
7 Turkey Construction Market Import-Export Trade Statistics
7.1 Turkey Construction Market Export to Major Countries
7.2 Turkey Construction Market Imports from Major Countries
8 Turkey Construction Market Key Performance Indicators
8.1 Number of new construction permits issued
8.2 Investment in construction technology and innovation
8.3 Rate of urbanization and population growth in key cities
8.4 Sustainability practices adopted in construction projects
8.5 Level of public-private partnerships in infrastructure development
9 Turkey Construction Market - Opportunity Assessment
9.1 Turkey Construction Market Opportunity Assessment, By Product, 2022 & 2032F
9.2 Turkey Construction Market Opportunity Assessment, By Sector, 2022 & 2032F
9.3 Turkey Construction Market Opportunity Assessment, By Category, 2022 & 2032F
10 Turkey Construction Market - Competitive Landscape
10.1 Turkey Construction Market Revenue Share, By Companies, 2022 & 2032F
10.2 Turkey Construction Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer

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