Belgium E-commerce Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The Belgium E-commerce market is anticipated to register a CAGR of 7.42% over the forecast period from 2022 to 2027. There has been a significant increase in the adoption of digital commerce recently as internet penetration has increased in the country. Further, companies such as Amazon expanding its services in the country have fueled the adoption of e-commerce.
Key HighlightsIn Belgium, the competition in the E-commerce market has increased as the customer's adoption of online sales channels has grown. An increase aids this growth in internet penetration. Further, brands such as Amazon, E-Bay, Coolblue, Bol.com, and many more expand their reach by providing customer-centric services that enhance customers' online shopping experience.
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