Noida, UP India (PressExposure) April 22, 2011 -- Turkey's balanced and diversified economy attracts global business giants. Information technology, education industry, manufacturing sector, and automobile market are growing dynamically and business environment is improving with the passage of time. Furniture and furnishings spending in offices has been showing the same trend as MNC's and local companies are now following office interior and fit-out trends of the Western style. The US design trends are very popular in Istanbul and Ankara business regions. Resultantly, the office furniture market is anticipated to grow at a CAGR of nearly 19% during 2011 - 2013, says our new research report "Turkey Furniture Market Analysis".
Our team of experts has done extensive research and found that the expanding office space in the country is expected to propel the industry's revenue in near future. As per the estimates, up to 0.6 Million Sq Meter of new office space will be added in the Istanbul office market alone by 2012. Additionally, in Ankara, the new office space to be added by 2011 end will be to the tune of 50,000 Sq Meter. Such an impressive future outlook for office space construction will ramp up the demand for office furniture in Turkey. Moreover, various other reasons have been identified, which will help in surging the revenue of office furniture market in Turkey.
Our report has carefully segmented the furniture market of the country into office furniture and household furniture on the basis of production developments and demand potentials. Besides, detail description of exports and imports of the furniture market has been included in the report.
"Turkey Furniture Market Analysis" provides thorough research and rational analysis along with reliable statistics of the Turkey furniture market. Analysis and statistics regarding market size, growth, share, segmentation, and geographic distribution have been thoroughly studied in the report to present a comprehensive view of the Turkish office furniture market. The report has thoroughly examined current market trends; industrial developments, and competitive landscape to enable clients understand the market structure and its progress in coming years.
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