Social Media to Upsurge Belgian Clothing and Footwear Market: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Ken Research has recently announced its latest publication “Clothing & Footwear Retailing in Belgium-Market Summary & Forecasts; Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2020” which seeks to provide information about Key market trends of clothing and footwear industry of Belgium. It also gives Comprehensive analysis of economy of Belgium, key macroeconomic and consumer trends in market in forecast period (2015-20). It further provides global market Quantitative and qualitative analysis of all the segments of industry. Detailed discussion of leading domestic and players and their strategies are also included in the report. Overview of clothing and footwear sector of Belgium Being a strong nation of Europe, Belgium has shown remarkable comeback in European economy despite immense economic downturns in European and global economy. Manufacturing and service sector has shown amazing growth and expansion to bring out economy out of recession. Agriculture sector though has only a meagre contribution to economic growth but is performing well according to European standards. Belgium’s culture and tradition has always admired fashionable clothing and footwear. This sector witnessed superb craftsmanship and extraordinary production skills which is improving even more in recent past. Not only sales of domestic firms is increasing but international brands who ventured into Belgian market also experienced overwhelming demand for clothing and footwear. JBC, Benetton Group S.p.A. Inditex and ZEB are the leading market players of the industry in Belgium. Sales in all the segments of industry i.e. men, women and kids is escalating but largest growth is observed in sales of women clothing and footwear retail. Industry is expected to experience compound annual growth rate of 1.79% in the forecast period. Key drivers of demand in the sector This significant expansion and expected growth in forecast period is demand-led. Consumers are increasing their demand for footwear and clothing due to the following reasons: Economic prosperity Since Belgian economy has witnessed positive growth and rapid expansion in the recent past, it has contributed significantly to rising income of all the strata of society. This has led to massive rise in consumption demand in Belgium. Demand for luxury clothing and footwear brands is also extraordinary. Technological considerations In this world of gizmos and gadgets smartphones and laptops are accessible to all. This has given a boost to online shopping laden to rapid increase in sales. Social media influence With rising impact of social media fashion blogs are becoming immensely popular and it has huge effect on latest fashion trends which are changing every day. This is leading to rise in sales volume. New channels of sales and distribution Earlier sale of clothing and footwear was limited to shops in local markets but now new modes of sales have been introduced which gained popularity really quickly. Online sales, sales in hypermarkets, supermarkets, specialized retail shops, luxury retail shops, etc. have been introduced which resulted in sky rocketing of sales in the sector. Future of Belgian clothing and sales industry It is quite evident that Belgian footwear and clothing industry will grow significantly in the forecast period. Retail sales in clothing sector is expected to rise in the forecast period and per capita spending on clothing is predicted to experience Compound annual growth rate of 1.14% by 2015-20. However, the market is expected to face the following challenges: Entry of numerous foreign players are driving local players out of market. Local players posing threat to small scale industries. Economic recession which is leading to demand deficiency. For more coverage click on the link below: https://www.kenresearch.com/consumer-products-and-retail/textile-apparel-and-footwear/clothing-footwear-retailing-belgium/37633-95.html Related Reports https://www.kenresearch.com/consumer-products-and-retail/textile-apparel-and-footwear/clothing-footwear-retailing-canada/7281-95.html https://www.kenresearch.com/consumer-products-and-retail/textile-apparel-and-footwear/clothing-footwear-retailing-denmark-market/8415-95.html Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com +91-124-4230204 Post Views: 5 Tags: Belgium Apparel Industry Research, Belgium Clothing and Footwear Industry, Belgium Clothing and Footwear Market Research Report, Belgium Clothing and Footwear Online Sales, Belgium E-commerce Market, Belgium Footwear Market Size, Belgium Kids Apparel Sector, Belgium Mens Wear Market Size, Belgium Online Retail Sales, Belgium Retail Industry, Belgium Retail Industry Forecast, Belgium Womens Wear Market Size