Key Insights as of Jun 2025

Market Demographics
Population size

137,353 people

Population growth rate

1.8 %

Age distribution - 0-14

20,600 people

Age distribution - 15-64

89,279 people

Age distribution - 65+

27,474 people

Household size

3.2 people

Household composition - Families

70 %

Education levels - High school or above

85 %

Economic Indicators
Median household income

45,000 TRY

Employment rate

92 %

Job growth

2.5 %

Dominant industries - Manufacturing

40 %

Cost of living index

85 index

Consumer Spending & Buying Power
Retail sales per capita

6,500 TRY

Disposable income

35,000 TRY

Spending behavior - Apparel

15 %

Spending behavior - Dining

20 %

Spending behavior - Electronics

10 %

Competition & Retail Presence
Existing retail mix - Local brands

60 %

Number of competitors

150 stores

Market saturation

Moderate

Presence of anchor tenants

Yes

Foot traffic from nearby businesses

High

Real Estate & Infrastructure
Rent costs

25 TRY/sq.m

Property values

3,500 TRY/sq.m

Zoning laws

Commercial

Business permits

90 days

Availability of retail space

10,000 sq.m

Proximity to major roads

Yes

Public transportation access

High

Parking availability

Adequate

Traffic & Accessibility
Pedestrian traffic

5,000 people/day

Vehicle traffic

20,000 vehicles/day

Public transport accessibility

80 %

Commute times

25 minutes

Work patterns - Hybrid

40 %

Psychographics & Consumer Lifestyle
Shopping preferences - Value

60 %

Brand affinity - Local

70 %

Consumer loyalty

High

Entertainment and leisure trends - Dining

50 %

Crime Rates & Safety
Crime statistics

1,200 incidents/100,000 people

Shoplifting rates

150 incidents/year

Public safety measures

Moderate

Tourism & Seasonal Factors
Tourist spending

2,000,000 TRY

Tourist footfall

50,000 visitors/year

Major local events

2 events

Seasonal attractions

Moderate

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

25 %

Click-and-collect adoption

15 %

Local preference for in-store shopping

65 %

Retail & Mall Performance
Total retail space

150,000 sq.m

Retail space per capita

1.1 sq.m/person

Projected growth in retail space

5 %

Retail leakage rate

20 %

Sustainable retail demand

High

Major upcoming retail projects

1 projects

Consumer Behavior & Spending
Grocery market share - CarrefourSA

30 %

Grocery market share - Migros

25 %

Grocery market share - BIM

20 %

Consumer spending patterns - Essentials

60 %

Grocery expenditure trends

4 %

Luxury retail performance

Low

Top mall shopping preferences - Optimum Mall

40 %

Shopping trips to other cities

15 %

Key drivers for mall visits - Convenience

50 %

Preferred brand categories - Value fashion

60 %

Competitive & Site Analysis
Number of existing malls

2 malls

Total retail footfall

5,000,000 visits/year

Retail market gaps - Luxury

High

Trade area population

200,000 people

Retail potential in catchment area

High

Projected retail growth rate

6 %

Preferred mall layouts - Open-air

60 %

Site & Accessibility
Public transport access

High

Walkability score

70 index

Road infrastructure & car access

High

Parking capacity in comparable malls

2,000 spaces

Surrounding land use - Commercial

50 %