Belgium Online Retail Market Summary, Competitive Analysis and Forecast to 2026
Summary
Online Retail in Belgium industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The online retail market includes all sales within Clothing & Footwear, Electricals, Food & Grocery, Health & Beauty, Home and Other (Books, News & Stationery, Jewelry & Watches, Luggage & Leather Goods, Music, Video & Entertainment Software, Sports & Leisure Equipment and others) segments, provided they take place over the internet, where the payment does not occur in-store on a later occasion. Data is included irrespective of whether the vendor is a pure-play internet company or the online offering of a bricks and mortar retailer. Online specialists retailers include sell only via the internet. Other online retail is a sell done online by retailers that also operate via offline channels (in-store, mail order, direct selling, etc.)
- The Belgian online retail market had total revenues of $12,865.8m in 2021, representing a compound annual growth rate (CAGR) of 18.1% between 2017 and 2021.
- Online Specialists account for the largest proportion of sales in the Belgian online retail market in 2021, sales through this channel generated $6,912.6m, equivalent to 53.7% of the market's overall value.
- Belgium consumers increasingly prefer cross-border purchases. This has enabled several international ecommerce retailers to enter the Belgian market. Major international ecommerce retailers in the Belgium market are the US firm Amazon, the Netherlands firms Coolblue and Bol.com, and the German firms Zalando and MediaMarkt.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the online retail market in Belgium
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the online retail market in Belgium
- Leading company profiles reveal details of key online retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Belgium online retail market with five year forecasts
- What was the size of the Belgium online retail market by value in 2021?
- What will be the size of the Belgium online retail market in 2026?
- What factors are affecting the strength of competition in the Belgium online retail market?
- How has the market performed over the last five years?
- What are the main segments that make up Belgium's online 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 main business models in the market?
- 7.3. What strategies do the leading players follow?
- 7.4. Who are the main challengers to the incumbents?
- 7.5. What is the rationale for the recent M&A activity?
- 8 Company Profiles
- 8.1. Coolblue BV
- 8.2. bol.com bv
- 8.3. Zalando SE
- 8.4. Veepee
- 8.5. H & M Hennes & Mauritz AB
- 8.6. Amazon.com, Inc.
- 8.7. Apple Inc
- 8.8. Fnac Darty SA
- 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 online retail sector value: $ million, 2016–21
- Table 2: Belgium online retail sector category segmentation: % share, by value, 2016–2021
- Table 3: Belgium online retail sector category segmentation: $ million, 2016-2021
- Table 4: Belgium online retail sector geography segmentation: $ million, 2021
- Table 5: Belgium online retail sector distribution: % share, by value, 2021
- Table 6: Belgium online retail sector value forecast: $ million, 2021–26
- Table 7: Coolblue BV: key facts
- Table 8: Coolblue BV: Key Employees
- Table 9: bol.com bv: key facts
- Table 10: Zalando SE: key facts
- Table 11: Zalando SE: Annual Financial Ratios
- Table 12: Zalando SE: Key Employees
- Table 13: Veepee: key facts
- Table 14: Veepee: Key Employees
- Table 15: H & M Hennes & Mauritz AB: key facts
- Table 16: H & M Hennes & Mauritz AB: Annual Financial Ratios
- Table 17: H & M Hennes & Mauritz AB: Key Employees
- Table 18: H & M Hennes & Mauritz AB: Key Employees Continued
- Table 19: Amazon.com, Inc.: key facts
- Table 20: Amazon.com, Inc.: Annual Financial Ratios
- Table 21: Amazon.com, Inc.: Key Employees
- Table 22: Amazon.com, Inc.: Key Employees Continued
- Table 23: Apple Inc: key facts
- Table 24: Apple Inc: Annual Financial Ratios
- Table 25: Apple Inc: Key Employees
- Table 26: Apple Inc: Key Employees Continued
- Table 27: Fnac Darty SA: key facts
- Table 28: Fnac Darty SA: Annual Financial Ratios
- Table 29: Fnac Darty SA: Key Employees
- Table 30: Belgium size of population (million), 2017–21
- Table 31: Belgium gdp (constant 2005 prices, $ billion), 2017–21
- Table 32: Belgium gdp (current prices, $ billion), 2017–21
- Table 33: Belgium inflation, 2017–21
- Table 34: Belgium consumer price index (absolute), 2017–21
- Table 35: Belgium exchange rate, 2017–21
- List of Figures
- Figure 1: Belgium online retail sector value: $ million, 2016–21
- Figure 2: Belgium online retail sector category segmentation: $ million, 2016-2021
- Figure 3: Belgium online retail sector geography segmentation: % share, by value, 2021
- Figure 4: Belgium online retail sector distribution: % share, by value, 2021
- Figure 5: Belgium online retail sector value forecast: $ million, 2021–26
- Figure 6: Forces driving competition in the online retail sector in Belgium, 2021
- Figure 7: Drivers of buyer power in the online retail sector in Belgium, 2021
- Figure 8: Drivers of supplier power in the online retail sector in Belgium, 2021
- Figure 9: Factors influencing the likelihood of new entrants in the online retail sector in Belgium, 2021
- Figure 10: Factors influencing the threat of substitutes in the online retail sector in Belgium, 2021
- Figure 11: Drivers of degree of rivalry in the online retail sector in Belgium, 2021
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