Belgium's Social Commerce Industry Poised for Strong Growth: Projected to Reach $2.02 Billion by 2028

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Aug 31, 2023, 19:15 ET

DUBLIN, Aug. 31, 2023 /PRNewswire/ -- The "Belgium Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q2 2023 Update" report has been added to ResearchAndMarkets.com's offering.

The social commerce industry in Belgium is poised for robust growth, with an anticipated annual increase of 16.5%, reaching a total value of US$0.97 billion in 2023.

The sector is projected to maintain steady growth, boasting a Compound Annual Growth Rate (CAGR) of 15.9% from 2023 to 2028. During this period, the Gross Merchandise Value (GMV) of social commerce in Belgium is forecasted to rise from US$0.97 billion in 2023 to a significant US$2.02 billion by 2028.

Market Overview:

An upcoming report presents an exhaustive and data-centric analysis of Belgium's social commerce industry, providing insights into market opportunities and associated risks. Featuring over 50 key performance indicators (KPIs) at the national level, the report offers a comprehensive understanding of market dynamics, size, forecasts, and market share statistics.

Key Market Segments Covered:

Belgium Ecommerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2019-2028

Belgium Social Commerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2019-2028

Belgium Social Commerce Industry Market Size and Forecast by Retail Product Categories, 2019-2028

Clothing & Footwear
Beauty and Personal Care
Food & Grocery
Appliances and Electronics
Home Improvement
Travel
Hospitality

Belgium Social Commerce Industry Market Size and Forecast by End Use Segment, 2019-2028

Belgium Social Commerce Industry Market Size and Forecast by End Use Device, 2019-2028

Mobile
Desktop

Belgium Social Commerce Industry Market Size and Forecast by Location, 2019-2028

Domestic
Cross Border

Belgium Social Commerce Industry Market Size and Forecast by Location, 2019-2028

Tier-1 Cities
Tier-2 Cities
Tier-3 Cities

Belgium Social Commerce Industry Market Size and Forecast by Payment Method, 2019-2028

Credit Card
Debit Card
Bank Transfer
Prepaid Card
Digital & Mobile Wallet
Other Digital Payment
Cash

Belgium Social Commerce Industry Market Size and Forecast by Platforms

Video Commerce
Social Network-Led Commerce
Social Reselling
Group Buying
Product Review Platforms

Belgium Social Commerce Industry Market Size and Forecast by Consumer Demographics & Behaviour, 2022

By Age
By Income Level
By Gender

Reasons to Invest:

In-depth Understanding of Social Commerce Market Dynamics: Gain insights into market opportunities and trends, coupled with forecasts from 2019 to 2028.
Opportunity Identification by End-Use Sectors: Identify emerging opportunities across various sectors by understanding market dynamics within each segment.
Develop Targeted Strategies: Formulate strategies tailored to market segments, taking into account key trends, drivers, and risks.

For more information about this report visit https://www.researchandmarkets.com/r/34obx8

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