The Social Commerce Industry in Belgium is Expected to Grow by 22.5% on Annual Basis to Reach US$818.5 million in 2022 - PayNXT360| Social Commerce Industry Market Size and Forecast by End Use Segment| Social Commerce Industry Market Size and Forecast by

Social Commerce industry in Belgium has recorded strong growth over the last four quarters, supported by increased e-commerce penetration and rising social commerce adoption in small cities.

According to PayNXT360's Q1 2022 Social Commerce Survey, social commerce industry in Belgium is expected to grow by 22.5% on annual basis to reach US$818.5 million in 2022.

The social commerce industry is expected to grow steadily over the forecast period, recording a CAGR of 23.3% during 2022-2028. The social commerce GMV in the country will increase from US$818.5 million in 2022 to reach US$2,894.9 million by 2028.

Scope

This report provides in-depth, data-centric analysis of social commerce in Belgium. Below is a summary of key market segments:

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
¬--Others

• Belgium Social Commerce Industry Market Size and Forecast by End Use Segment, 2019-2028
¬--B2B
¬--B2C
¬--C2C

• 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 Consumer Demographics & Behaviour,2021
¬--By Age
¬--By Income Level
¬--By Gender

To get detailed insights and FREE sample report please click here @
https://www.paynxt360.com/report-store/view/belgium-social-commerce-market-int-1356

Reason to buy

• In-depth Understanding of Social Commerce Market Dynamics: Understand market opportunities and key trends along with forecast (2019-2028).

• Insights into Opportunity by end-use sectors - Get market dynamics by end-use sectors to assess emerging opportunity across various end-use sectors.

• Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate social commerce strategy; assess market specific key trends, drivers, and risks in the industry.

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This release was published on openPR.