The main reason for the strong growth of internet retailing in 2014 was technological progress from both manufacturers and consumers. On the one hand, due to high rental and labour costs, an increasing number of store-based manufacturers developed their web shops in 2013 and 2014, in order to better compete against internet pure play retailers. For the same reason, 55% of internet retailing players offered apps for m-commerce by the end of 2013; a strong increase compared with the middle of the review period.
Competitive Landscape
In a very fragmented competitive landscape, Amazon.com and Bol.com ranked first in internet retailing in 2014, each with a 5% value share. In the context of the strong popularity of internet retailing and consumers’ increasing trust with regard to online transactions, both international, internet pure play retailers benefited from their strong brand names and managed to gain share in 2014.
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Industry Prospects
Belgians are expected to become increasingly confident with regard to buying goods online over the forecast period 2014-2019. Such a trend, coupled with a better economic context in terms of disposable incomes and consumer expenditure, is likely to result in very strong growth for internet retailing over the forecast period.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Internet Retailing industry in Belgium with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Internet Retailing industry in Belgium, our research will save you time and money while empowering you to make informed, profitable decisions.
The Internet Retailing in Belgium market research report includes:
* Analysis of key supply-side and demand trends
* Detailed market shares for international and locally-based retailers
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
* Who are the leading retailers in Belgium?
* How quickly is internet retailing growing in Belgium?
* What products are selling best over the internet?
* Which internet sites are attracting the most sales?
Reasons to Get this Report
* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
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You may also be interested in these related reports:
- Internet Retailing in South Korea
- Internet Retailing in Japan
- Internet Retailing in France
- Internet Retailing in New Zealand
- Internet Retailing in Russia
Report Published: "Internet Retailing in Belgium"
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001