In 2023, household expenditure on home goods in Türkiye stood at 5.1% of GDP. For the forecast period from 2024 to 2028, the expenditure remains constant at 5.1% of GDP each year. This stability indicates no year-on-year variation over the forecasted period. The average Compound Annual Growth Rate (CAGR) is 0.0%, reflecting no growth or decline in the household expenditure percentage relative to GDP over the five years.
Future trends to watch for:
• Macroeconomic policies and their impact on disposable income and consumer spending.
• Inflation rates and their effect on the purchasing power of households.
• Changes in housing market dynamics influencing home goods demand.
• Technological advancements and consumer preferences shifting demand patterns.
