The need for storage space will double in five years

DepOrtak Co-Founder Oruç Kaya stated that if planned and institutional measures are not taken as soon as possible, Turkey expects a serious storage space bottleneck, ⁇ While the storage space registered in Turkey is not even 20 million square meters (m2) yet, it is announced that the need for storage space will increase by 2 times in the next 5 years and an additional 25 million square meters will be needed.

As a matter of fact, an additional 18 thousand m2 of storage space for every 1 billion euro worth of production investment, 3 times more storage space for e-commerce than normal retail merchandising, and approximately 116 thousand m2 of storage space may be required for every 1 billion dollars of e-commerce sales increase.

e-commerce is looking for solutions for delivery

According to e-Commerce Information Platform data, while there were 136 billion TL e-commerce volume, 1.3 billion orders and 68 thousand 457 businesses in 2019, these figures increased to 800 billion TL volume, 4.8 billion orders and 548 thousand 688 businesses in 2022.

According to the latest data from TÜİK ⁇ , the use of e-commerce is increasing exponentially. While it was 10.3 percent for individuals to order online in 2012, this rate was 49.5 percent as of August 2023.

They accept an additional fee for short-term delivery

DepOrtak Founding Partner Oruç Kaya, who explained that 90 percent of e-commerce is logistics and especially ⁇ fulfillment ⁇ transactions made in warehouses, ⁇ E-commerce sector is looking for solutions to be much closer to the consumer and to be able to deliver in a much shorter time. On a global scale, customers are increasingly willing to receive in a much shorter period of time, and they are willing to pay additional fees for this.

According to the ⁇ The 3 Biggest Last-Mile Challenges the Retail Industry is Facing Today ⁇ report prepared by The Fabric, 81 percent of customers stated that they would make more e-commerce purchases if the same day ⁇ delivery was made, and 67 percent of customers said that they could pay extra for the same day ⁇ delivery ⁇ .

Turkey is the right country for Europe's supply chain

Underlining that Turkey is the right country to be the supply chain country of Europe with its geographical proximity and production competence due to the need to find production and supply resources in nearby geographies due to the impact of the pandemic, Kaya pointed out that in this case, the need for storage space in Turkey will be too much.