Key Insights as of Jun 2025

Market Demographics
Population size

367,990 people

Population growth rate

1.5 %

Age distribution

0-14: 22, 15-64: 68, 65+: 10 %

Household size

3.2 people

Household composition

Single: 20, Married: 65, Extended: 15 %

Education levels

High school or less: 50, Bachelor’s or higher: 30, Vocational: 20 %

Economic Indicators
Median household income

48,000 TRY

Employment rate

60 %

Job growth

2.0 %

Dominant industries

Manufacturing: 40, Services: 35, Trade: 20 %

Cost of living index

85 index

Consumer Spending & Buying Power
Retail sales per capita

12,000 TRY

Disposable income

36,000 TRY

Spending behavior by category

Apparel: 25, Dining: 30, Electronics: 15 %

Competition & Retail Presence
Existing retail mix

Apparel: 30, F&B: 25, Electronics: 20 %

Number of competitors

15 count

Market saturation

Moderate

Presence of anchor tenants

Yes

Foot traffic from nearby businesses

High

Real Estate & Infrastructure
Rent costs

150 TRY/sqm

Property values

5,000 TRY/sqm

Zoning laws

Flexible

Business permits

Moderate

Availability of retail space

Available

Proximity to major roads

High

Public transportation access

Good

Parking availability

Adequate

Traffic & Accessibility
Pedestrian traffic

10,000 daily visits

Vehicle traffic

50,000 daily vehicles

Public transport accessibility

70 %

Commute times

25 minutes

Work patterns

9-5: 60, Shift work: 30 %

Psychographics & Consumer Lifestyle
Shopping preferences

In-store: 65, Online: 35 %

Brand affinity

Local: 40, International: 60 %

Consumer loyalty

Moderate

Entertainment and leisure trends

Cinema: 30, Dining: 40, Events: 20 %

Crime Rates & Safety
Crime statistics

500 incidents/100,000 people

Shoplifting rates

2 %

Public safety measures

Adequate

Tourism & Seasonal Factors
Tourist spending

5,000 TRY/visitor

Tourist footfall

50,000 annual visitors

Major local events

Festivals: 2, Markets: 3 count

Seasonal attractions

Summer: 60, Winter: 40 %

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

30 %

Click-and-collect adoption

15 %

Local preference for in-store shopping

65 %

Retail & Mall Performance
Total retail space

200,000 sqm

Retail space per capita

0.54 sqm/person

Projected growth in retail space

3 %

Retail leakage rate

20 %

Sustainable retail demand

Stable

Major upcoming retail projects

1 count

Consumer Behavior & Spending
Grocery market share distribution

Migros: 30, Carrefour: 25, BİM: 20 %

Consumer spending patterns

Grocery: 40, Apparel: 20, Electronics: 15 %

Grocery expenditure trends

5 %

Luxury retail performance

Low

Top mall shopping preferences

Symbol: 50, 41 Burda: 40 %

Shopping trips to other cities

15 %

Key drivers for mall visits

Dining: 35, Shopping: 30, Entertainment: 25 %

Preferred brand categories

Value fashion: 50, Electronics: 30, Luxury fashion: 10 %

Competitive & Site Analysis
Number of existing malls

3 count

Total retail footfall

5,000,000 annual visits

Retail market gaps

Luxury retail, Specialty stores

Trade area population

500,000 people

Retail potential in catchment area

High

Projected retail growth rate

4 %

Preferred mall layouts

Mixed-use: 70, Traditional: 30 %

Site & Accessibility
Public transport access

Good

Walkability score

75 index

Road infrastructure & car access

High

Parking capacity in comparable malls

2,000 spaces

Surrounding land use & future developments

Commercial: 50, Residential: 40 %