Key Insights as of Jun 2025

Market Demographics
Population size

407,000 people

Population growth rate

1.8 %

Age distribution

0-14: 22%, 15-34: 35%, 35-54: 30%, 55+: 13% %

Household size

3.4 people

Household composition

Married: 60%, Single: 25%, Extended: 15% %

Education levels

High school or less: 55%, Vocational: 30%, University: 15% %

Economic Indicators
Median household income

40,000 TRY/year

Employment rate

65 %

Job growth

2.5 %

Dominant industries

Manufacturing, Logistics, Automotive

Cost of living index

90 index

Consumer Spending & Buying Power
Retail sales per capita

8,000 TRY/year

Disposable income

32,000 TRY/year

Spending behavior - apparel

15 %

Spending behavior - dining

20 %

Spending behavior - electronics

10 %

Competition & Retail Presence
Existing retail mix

Supermarkets: 40%, Apparel: 30%, Electronics: 15%, Specialty: 15% %

Number of competitors

50 stores

Market saturation

Moderate

Presence of anchor tenants

Migros, CarrefourSA

Foot traffic from nearby businesses

High

Real Estate & Infrastructure
Rent costs

150 TRY/sqm/month

Property values

2,500,000 TRY

Zoning laws

Commercial zones designated

Business permits

Moderate complexity

Availability of retail space

20,000 sqm

Proximity to major roads

High

Public transportation access

Good

Parking availability

Adequate

Traffic & Accessibility
Pedestrian traffic

Moderate

Vehicle traffic

High

Public transport accessibility

80 %

Commute times

30 minutes

Work patterns

Shift-based

Psychographics & Consumer Lifestyle
Shopping preferences

Value-driven

Brand affinity

Migros, LC Waikiki, Samsung

Consumer loyalty

Moderate

Entertainment and leisure trends

Cafes, Cinemas

Crime Rates & Safety
Crime statistics

1,200 incidents/100,000 people

Shoplifting rates

2 %

Public safety measures

Police patrols, CCTV

Tourism & Seasonal Factors
Tourist spending

500 TRY/visitor

Tourist footfall

Low

Major local events

Industrial fairs

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

25 %

Click-and-collect adoption

15 %

Local preference for in-store shopping

70 %

Retail & Mall Performance
Total retail space

150,000 sqm

Retail space per capita

0.37 sqm/person

Projected growth in retail space

5 %

Retail leakage rate

20 %

Sustainable retail demand

Stable

Major upcoming retail projects

Gebze Center expansion

Consumer Behavior & Spending
Grocery market share - Top 3 retailers

Migros: 30%, CarrefourSA: 20%, BIM: 15% %

Consumer spending patterns

Essentials-focused

Grocery expenditure trends

10 % growth

Luxury retail performance

Low

Top mall shopping preferences

Gebze Center

Shopping trips to other cities

30 %

Key drivers for mall visits

Convenience, Variety

Preferred brand categories

Value fashion, Electronics

Competitive & Site Analysis
Number of existing malls

2 malls

Total retail footfall - annual visits

2,000,000 visits

Retail market gaps

Luxury retail, Entertainment

Trade area population

600,000 people

Retail potential in catchment area

Moderate

Projected retail growth rate

6 %

Preferred mall layouts

Open-air, Mixed-use

Site & Accessibility
Public transport access

High

Walkability score

60 index

Road infrastructure & car access

Excellent

Parking capacity in comparable malls

1,500 spaces

Surrounding land use & future developments

Industrial, Residential