Key Insights as of Jun 2025

Market Demographics
Population size

2,688,004 people

Population growth rate

1.8 %

Age distribution

35.2 median age

Household size

3.2 people

Household composition

65 % families

Education levels

42 % tertiary

Economic Indicators
Median household income

12,500 USD

Employment rate

68 %

Job growth

2.5 %

Dominant industries

Tourism, Retail, Agriculture

Cost of living index

65 index

Consumer Spending & Buying Power
Retail sales per capita

3,200 USD

Disposable income

9,800 USD

Spending behavior - apparel

15 %

Spending behavior - dining

25 %

Spending behavior - electronics

10 %

Competition & Retail Presence
Existing retail mix

Apparel, F&B, Electronics

Number of competitors

120 stores

Market saturation

Moderate

Presence of anchor tenants

H&M, Zara, Migros

Foot traffic from nearby businesses

High

Real Estate & Infrastructure
Rent costs

15 USD/sq.m

Property values

1,200 USD/sq.m

Zoning laws

Flexible

Business permits

Moderate

Availability of retail space

35,000 sq.m

Proximity to major roads

High

Public transportation access

Good

Parking availability

1,500 spaces

Traffic & Accessibility
Pedestrian traffic

25,000 daily visitors

Vehicle traffic

50,000 daily vehicles

Public transport accessibility

75 %

Commute times

25 minutes

Work patterns

Flexible

Psychographics & Consumer Lifestyle
Shopping preferences

In-store preferred

Brand affinity

Zara, LC Waikiki

Consumer loyalty

Moderate

Entertainment and leisure trends

Dining, Beach activities

Crime Rates & Safety
Crime statistics

2,500 incidents/100,000

Shoplifting rates

1.2 %

Public safety measures

High

Tourism & Seasonal Factors
Tourist spending

1,500 USD/tourist

Tourist footfall

15,000,000 annual visitors

Major local events

Antalya Film Festival

Seasonal attractions

Beaches, Historical sites

Online vs. In-Store Shopping Trends
E-commerce penetration

18.6 %

Click-and-collect adoption

12 %

Local preference for in-store shopping

75 %

Retail & Mall Performance
Total retail space

500,000 sq.m

Retail space per capita

0.19 sq.m

Projected growth in retail space

3.5 %

Retail leakage rate

15 %

Sustainable retail demand

High

Major upcoming retail projects

New mall in Kepez

Consumer Behavior & Spending
Grocery market share - Retailer 1

Migros, 30 %

Grocery market share - Retailer 2

BIM, 25 %

Grocery market share - Retailer 3

CarrefourSA, 20 %

Consumer spending patterns

Seasonal peaks

Grocery expenditure trends

5 % growth

Luxury retail performance

Moderate

Top mall shopping preferences

Ozdilek, TerraCity

Shopping trips to other cities

10 %

Key drivers for mall visits

Dining, Entertainment

Preferred brand categories

Value fashion

Competitive & Site Analysis
Number of existing malls

10 malls

Total retail footfall

50,000,000 annual visits

Retail market gaps

Luxury retail

Trade area population

3,500,000 people

Retail potential in catchment area

High

Projected retail growth rate

4 %

Preferred mall layouts

Open-air, Mixed-use

Site & Accessibility
Public transport access

80 %

Walkability score

70 index

Road infrastructure & car access

High

Parking capacity in comparable malls

2,000 spaces

Surrounding land use & future developments

Tourism, Residential