Key Market Indicators
Belgian home goods expenditure is projected to climb to €18.6 billion by 2028, up from €16.4 billion in 2023. This marks an annual growth rate of 2% over the period. Since the turn of the century, Belgium has seen a consistent rise in demand, with an average annual increase of 3.8%. In 2023, Belgium ranked eighth in home goods expenditure, trailing Poland, which posted the same €16.4 billion figure. Italy, the United Kingdom, and France secured the second, third, and fourth spots, respectively, in the same ranking.