Turkey's Social Commerce Market Poised to Reach $2.97 Billion in 2023, Unveiling Lucrative Growth Opportunities


Dublin, Sept. 15, 2023 (GLOBE NEWSWIRE) -- The "Turkey Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q2 2023 Update" report has been added to ResearchAndMarkets.com's offering.

Turkey's social commerce industry is on a robust growth trajectory, with expectations to reach US$2.97 billion in 2023.

The report anticipates steady expansion in the social commerce sector in Turkey, projecting a Compound Annual Growth Rate (CAGR) of 34.6% from 2023 to 2028.

By 2028, the Gross Merchandise Value (GMV) in Turkey's social commerce market is predicted to reach US$13.08 billion.

This comprehensive report provides a data-centric analysis of the social commerce industry in Turkey, offering insights into market opportunities and risks.

With over 50 key performance indicators (KPIs) specific to Turkey, the report offers a comprehensive understanding of market dynamics, size, forecasts, and market share statistics.

Scope

The report covers various aspects of the social commerce industry in Turkey, including:

  1. Market Size and Growth Dynamics: Analyzing the growth trajectory of both e-commerce and social commerce industries in Turkey from 2019 to 2028.
  2. Retail Product Categories: Providing market size and forecasts for social commerce in various retail product categories, including clothing & footwear, beauty and personal care, food & grocery, appliances and electronics, home improvement, travel, and hospitality.
  3. End Use Segments: Segmenting the social commerce market by end use, including B2B, B2C, and C2C.
  4. End Use Devices: Analyzing market size and forecasts based on end-use devices, such as mobile and desktop.
  5. Location: Examining the social commerce market based on location, including domestic and cross-border transactions, as well as tier-1, tier-2, and tier-3 cities.
  6. Payment Method: Providing insights into payment methods used in social commerce transactions, including credit cards, debit cards, bank transfers, prepaid cards, digital and mobile wallets, other digital payments, and cash.
  7. Platforms: Covering various social commerce platforms, including video commerce, social network-led commerce, social reselling, group buying, and product review platforms.
  8. Consumer Demographics & Behavior: Analyzing consumer demographics and behavior, including age, income level, and gender.

Reasons to Buy

The report offers several compelling reasons for businesses and investors to consider:

  1. Understanding Market Dynamics: Gain insights into market trends, opportunities, and forecasts in Turkey's social commerce industry.
  2. Opportunity Assessment: Assess emerging opportunities across different end-use sectors within the social commerce market.
  3. Market-Specific Strategies: Identify growth segments and formulate strategies to target specific opportunities in the social commerce industry, considering key trends, drivers, and risks.

For more information about this report visit https://www.researchandmarkets.com/r/61zn7k

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