Apparel Retail in Belgium
Summary
Apparel Retail in Belgium industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The apparel retail market is segmented into childrenswear, menswear, and womenswear. The market value represents retail sales.
- The Belgian apparel retail industry recorded revenues of $8.7 billion in 2023, representing a negative compound annual growth rate (CAGR) of 0.7% between 2018 and 2023.
- The womenswear segment accounted for the industry's largest proportion in 2023, with total revenues of $4.4 billion, equivalent to 51.1% of the industry's overall value.
- The growth of the apparel retail industry is significantly driven by the expansion of online retail, which has become increasingly accessible and popular among consumers. The convenience of shopping online has led to a noticeable shift in consumer behavior, with more individuals turning to digital platforms for their fashion needs. According to GlobalData, the Belgian online retail market reached $7.7 billion in 2023, marking a 4.1% increase from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the apparel retail market in Belgium
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel retail market in Belgium
- Leading company profiles reveal details of key apparel retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Belgium apparel retail market with five year forecasts by both value and volume
- What was the size of the Belgium apparel retail market by value in 2023?
- What will be the size of the Belgium apparel retail market in 2028?
- What factors are affecting the strength of competition in the Belgium apparel retail market?
- How has the market performed over the last five years?
- Who are the top competitors in Belgium's apparel retail market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strategies of the leading players?
- 7.3. What are the strengths of the leading players?
- 8 Company Profiles
- 8.1. H & M Hennes & Mauritz AB
- 8.2. Esprit Holdings Ltd
- 8.3. C&A Mode GmbH & Co KG
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Belgium apparel retail industry value: $ million, 2018-23
- Table 2: Belgium apparel retail industry category segmentation: % share, by value, 2018-23
- Table 3: Belgium apparel retail industry category segmentation: $ million, 2018-23
- Table 4: Belgium apparel retail industry geography segmentation: $ million, 2023
- Table 5: Belgium apparel retail industry distribution: % share, by value, 2023
- Table 6: Belgium apparel retail industry value forecast: $ million, 2023-28
- Table 7: David Kraus Investments, Inc.: key facts
- Table 8: H & M Hennes & Mauritz AB: key facts
- Table 9: H & M Hennes & Mauritz AB: Annual Financial Ratios
- Table 10: H & M Hennes & Mauritz AB: Key Employees
- Table 11: H & M Hennes & Mauritz AB: Key Employees Continued
- Table 12: Esprit Holdings Ltd: key facts
- Table 13: Esprit Holdings Ltd: Annual Financial Ratios
- Table 14: Esprit Holdings Ltd: Key Employees
- Table 15: C&A Mode GmbH & Co KG: key facts
- Table 16: C&A Mode GmbH & Co KG: Key Employees
- Table 17: Belgium Size of Population (million), 2019-23
- Table 18: Belgium real GDP (Constant 2010 Prices, $ billion), 2019-23
- Table 19: Belgium GDP (Current Prices, $ Billion), 2019-23
- Table 20: Belgium Inflation, 2019-23
- Table 21: Belgium Consumer Price Index (Absolute), 2019-23
- Table 22: Belgium exchange rate, 2018-23
- List of Figures
- Figure 1: Belgium apparel retail industry value: $ million, 2018-23
- Figure 2: Belgium apparel retail industry category segmentation: $ million, 2018-23
- Figure 3: Belgium apparel retail industry geography segmentation: % share, by value, 2023
- Figure 4: Belgium apparel retail industry distribution: % share, by value, 2023
- Figure 5: Belgium apparel retail industry value forecast: $ million, 2023-28
- Figure 6: Forces driving competition in the apparel retail industry in Belgium, 2023
- Figure 7: Drivers of buyer power in the apparel retail industry in Belgium, 2023
- Figure 8: Drivers of supplier power in the apparel retail industry in Belgium, 2023
- Figure 9: Factors influencing the likelihood of new entrants in the apparel retail industry in Belgium, 2023
- Figure 10: Factors influencing the threat of substitutes in the apparel retail industry in Belgium, 2023
- Figure 11: Drivers of degree of rivalry in the apparel retail industry in Belgium, 2023
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