
Evaluating the Economic Landscape of Turkey’s Cosmetics Industry (2020–2022)
Chapter from the book:
Tahtalı,
Y.
&
Demir,
İ.
&
Bayyurt,
L.
(eds.)
2025.
Current Approaches in Applied Statistics I.
Synopsis
This study aims to analyze the economic performance of the Turkish cosmetics industry during the 2020–2022 period in terms of exports, imports, and market dynamics. Based on quantitative data analysis, the research utilizes updated datasets from the Ministry of Trade, the Turkish Statistical Institute (TURKSTAT), and international trade databases. The findings reveal that the sector recorded an average annual export growth rate of 18.7%. Key determinants of the industry's competitive strength include the asymmetric distribution across product categories (e.g., shaving products accounting for 24.7%), geographic market dependency (notably Iraq and the EU with a combined share of 39.2%), and low R&D intensity (1.8% of total revenue). The study recommends policy strategies focused on branding, green transformation, and market diversification to enable Turkey to ascend within the global cosmetics value chain.