The number of employees in the transportation and warehousing sector in Turkey has shown a steady increase from 2014 to 2023, reaching 962 thousand units in 2023. The year-on-year growth rate over the last two years has been consistent, with the most recent being 1.05% for 2023. The compound annual growth rate (CAGR) over the last five years is 1.18%, indicating a stable upward trend.
The forecasted data suggests that this growth will continue, with the sector expected to reach 1,010 thousand employees by 2028, though the CAGR is predicted to moderate to 0.71% over the next five years. This indicates a decelerating but still positive trend.
Future trends to watch for:
- Technological advancements in logistics and transportation.
- Changes in trade policies and international logistics networks.
- Increased demand for sustainable and eco-friendly transportation solutions.
- Impact of economic factors like inflation and consumer behavior on transportation demand.