The forecast for the turnover in the retail sale in non-specialized stores sector in Turkey demonstrates a steady growth from 2024 to 2028, with values reaching 525.72 billion TRY in 2024 and expected to rise to 732.73 billion TRY by 2028. In 2023, the sector registered an actual turnover of 474.35 billion TRY.
Year-on-year variations show the following percentage increases:
- 2024: 10.84%
- 2025: 9.99%
- 2026: 9.00%
- 2027: 8.17%
- 2028: 7.49%
The compounded annual growth rate (CAGR) from 2024 to 2028 is approximately 8.89%.
Future trends to watch for include the potential impact of inflation on consumer spending, technological advancements in retail operations, and shifts in consumer preferences towards e-commerce, which may influence the overall growth trajectory of the non-specialized stores sector.
