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The freight and logistics market size in Turkey is estimated to grow by USD 11.86 billion at a CAGR of 7.69% between 2023 and 2028. The Turkish freight and logistics market is experiencing significant growth, driven by several key factors. The burgeoning e-commerce sector in Turkey is a major catalyst, as the increasing number of online shoppers fuels a heightened demand for efficient and reliable delivery services. Additionally, the expanding manufacturing industry is contributing to the market's growth, as companies seek to streamline their supply chains and reduce transportation costs. Furthermore, the trend towards outsourcing logistics functions is gaining momentum, enabling businesses to focus on their core competencies while leveraging the expertise of specialized logistics providers. Overall, these factors are fueling the growth of the Turkish freight and logistics market, making it an attractive destination for investors and businesses alike.
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The market plays a crucial role in facilitating the movement of goods from one place to another, ensuring the smooth functioning of various industries such as Agriculture, Fishing, Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, and more. The logistics function encompasses several sectors including Courier and Parcel, Freight Forwarding, Freight Transport, and Warehousing and Storage. The Freight Transport Volume is significantly influenced by the Manufacturing sectors, e-commerce, and global supply chains. Leasing activity in the Freight Shipping industry is on the rise, with Rail, Trucks, Road Cars, Large Boats, and Airplanes being the primary modes of transport. The market is segmented into Freight Transport, Warehousing, and Value-added Services. Freight Forwarding and Contract Logistics are key services offered in the market, providing end-to-end solutions for businesses. The market is also driven by trade-related agreements, ensuring seamless cross-border movements of goods. Overall, the Freight and Logistics market is a vital component of the global economy, enabling businesses to efficiently manage their supply chains and meet customer demands. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The growing e-commerce industry in Turkey is notably driving the market growth analysis. The e-commerce industry in Turkey has been growing significantly over the past few years and is expected to continue during the forecast period. There are major e-commerce players in the country. For instance, Trendyol, an e-commerce platform based in Turkey, had a revenue of USD 3.2 billion in 2021.
Additionally, hepsiburada.com and lcwaikiki.com as the second and third largest stores, with USD 1.3 billion and USD 514 million, respectively. These top three industries accounted for 30% of online revenue in Turkey. Moreover, 40% of the Turkish population bought at least one product online in 2021. Fashion is the highest segment in Turkey, accounting for 42% of the e-commerce revenue in Turkey. Thus, the growth of the e-commerce industry will drive the demand for freight and logistics services from the e-commerce industry, which will boost the growth of the freight and logistics market in Turkey during the market research and growth period.
The increasing popularity of multimodal transportation is the primary trend in the market. Multimodal transportation is under a single contract carrier that uses different modes of transport but under one single bill of lading. The single transport carrier is responsible for moving shipments in all different modes. This means that a single company is responsible for the movement of goods via multimodal transportation.
Some advantages of multimodal transportation include a single contract, reduction of risk or loss or damage of the goods and personnel, goods can be tracked at a single point, and reduction of the number of documents handled. The increasing convenience offered to shippers while transporting goods through multimodal transportation is expected to enhance the growth of the freight and logistics market in Turkey during the market forecast period.
High infrastructure cost is the major challenge impeding the market growth. High investments in infrastructure are required to ship goods through intermodal transportation. Investments include the installation of gantry cranes and other heavy-duty cranes necessary to lift the containers at different ports while changing the mode of transport. For example, whenever the container arrives at a seaport, it needs to be transferred on either a flatbed, rail, or truck.
In addition, necessary investments for rail and road access are also required. For example, a seaport should have a rail line so that railways can transport goods to and from the seaport. Similarly, roads are necessary so that trucks can easily access these ports. The high investments are often delayed and time-consuming, thus having a negative impact on the demand for freight logistics. Hence, these high infrastructure cost requirements are expected to impede the growth of the freight logistics market in Turkey during the market forecasting period.
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Freight and Logistics Market Customer Landscape in Turkey
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Omsan Lojistik AS - The company offers solutions for freight and logistics with free and bonded warehousing, distribution, and customs clearance services to customers in different sectors such as e-commerce and telecommunications. The company includes logistics services such as International Land Transportation, Domestic Land Transportation, Air Cargo Transportation, and others
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market share growth of the road segment will be significant during the forecast period. On-road vehicles are mostly preferred in all transportation operations except for the first and final stages. The total number of passengers and tons of freight planned to be transported on the road network is 378 billion and 422 billion, respectively. The e-commerce segment is one of the key drivers of the road freight segment in terms of domestic transportation leg and last-mile logistics.
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The road segment was valued at USD 10.27 billion in 2018. Turkey is one of the most popular e-commerce marketplaces in Europe, attracting the interest of both domestic and international businesses, Turkey's e-commerce industry is now expanding quickly and is positioned to become a worldwide powerhouse during the forecast period.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments
Freight and logistics play a pivotal role in the smooth functioning of various sectors, including Agriculture, Fishing, Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, and more. The logistics function encompasses several activities, such as freight forwarding, freight transport, warehousing and storage, and contract logistics. Freight transport volume is influenced by several factors, including the manufacturing sectors' leasing activity, parcel volumes, gasoline prices, and the adoption of Electric Vehicles (EVs) in freight shipping. Rail, trucks, road cars, large boats, and airplanes are the primary modes of transportation for freight. In the context of e-commerce, the logistics infrastructure has seen significant growth, with an increasing focus on value-added services and digital marketing. Global supply chains are shaped by trade-related agreements and the evolution of transportation technology. Technical improvements in the logistics sector, such as the integration of AI and IoT, have streamlined processes and enhanced efficiency. The shipping type can vary, with airways, railways, roadways, and waterways catering to different requirements. The logistics landscape is influenced by global trade, with the interconnectedness of economies driving the need for seamless and efficient logistics solutions. The role of freight and logistics in the success of businesses across industries cannot be overstated.
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Industry Scope |
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Report Coverage |
Details |
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Page number |
151 |
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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 7.69% |
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Market growth 2024-2028 |
USD 11.86 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
6.99 |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Agility Public Warehousing Co. K.S.C.P, Alfares Lojistik, ATA Freight, BATI INNOVATIVE LOGISTICS, C H Robinson Worldwide Inc., CEVA Logistics, DB Schenker, Deutsche Post AG, Ekol Lojistik AS, Hellmann Worldwide Logistics SE and Co KG, KARINCA Lojistik AS, KITA Logistics, Kuehne Nagel Management AG, Mars Logistics, Netlog Logistics, Nippon Express Holdings Inc., Omsan Lojistik AS, ORAS, United Parcel Service Inc., and XPO Inc. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, Market growth and Forecasting, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Delivery Mode
7 Market Segmentation by Service
8 Market Segmentation by End-user
9 Customer Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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