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

In Belgium, the employment in the retail sale via mail order houses or via the internet sector demonstrated significant growth from 2.96 thousand employees in 2013 to 15.66 thousand in 2023. The sector initially experienced fluctuations, but from 2018 onwards, a strong upward trajectory was observed, with employment soaring particularly between 2018 and 2020. The year-on-year variation peaked at 88.91% in 2018 and maintained an impressive growth rate, despite some moderation, reaching a 16.53% increase in 2023. Over the last five years, the CAGR stood at 21.88%, indicating robust, consistent growth.

Future trends to watch for include the forecasted annual growth rate of 8.16%, leading to a 48.04% increase by 2028. Key factors will be the adoption of new technologies, shifts in consumer behavior towards online shopping, and the expansion of e-commerce platforms. Monitoring these trends will be crucial for stakeholders in the sector to adapt and capitalize on emerging opportunities.