Forecast: Number of Employees in Retail Sale Via Mail Order Houses or Via Internet Sector in Belgium

The number of employees in the retail sale via mail order houses or via the internet sector in Belgium has shown significant growth from 2018 to 2023, with a noticeable acceleration starting in 2020. In 2023, the sector employed 5.77 thousand individuals. Over the last two years, the year-on-year variation has been 17.87% in 2022 and 15% in 2023, indicating a robust upward trend. The last five years' CAGR is calculated at 20.12%, underscoring a strong and sustained expansion.

Going forward, the forecast anticipates continued positive growth, albeit at a slower pace, with a projected 5-year CAGR of 7.66% from 2024 to 2028. By 2028, the number of employees is expected to rise to 9.42 thousand, reflecting a 44.62% growth rate over this period.

Key future trends to watch for include:

• Further digital transformation and technology adoption in the retail sector.
• Increased consumer preference for online shopping post-pandemic.
• Emerging market regulations and labor policies that could impact employment growth rates.
• Continued innovation in delivery and logistics solutions to support e-commerce businesses.