Belgium Remittance Market Analysis, Industry Revenue and Future Outlook: Ken Research What is the Size of Belgium Remittance Industry? Belgium Remittance market is growing at a CAGR of ~% in 2017-2022 and is expected to reach EUR ~ Bn by 2027F. The Belgium Remittance Market is largely driven by a rise in outbound remittances, which is led by stronger growth in the employment prospects in the… Read More »
Belgium Remittance Market Outlook 2027F: Ken Research Belgium Remittance Market Ecosystem The Belgium Remittance Market is currently in the growth stage & has both formal & informal payment service providers including banks, money transfer operators, mobile wallets, postal networks etc. The market has been fueled by increased government support for new players, increased migration, improved banking & financial system knowledge & increased… Read More »
The Belgium Remittance Market is moderately concentrated & in its growth phase driven by the flow of personal remittances: Ken Research Corona Effect: A lot of jobs were lost around the globe during the period 2020-2021 as a result of which the amount of inbound & outbound remittances declined enormously. The decline in remittance flows in 2020-21 affected Belgium & other European countries drastically with the region showcasing the steepest decline of almost ~%. The impact… Read More »
