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Luggage and Leather Goods Retailing in Belgium – Market Summary & Forecasts; Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2020

Luggage and Leather Goods Retailing in Belgium – Market Summary & Forecasts; Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2020

Summary

Belgium’s luggage and leather goods retail market, with a share of 0.41% in 2015, is expected to be the sector with optimum growth during the forecast period. The retail market for luggage and leather goods will witness a CAGR of 2.14% over 2015-2020, to reach EUR0.320 billion by 2020. Per capita spending on luggage and leather goods in Belgium is also anticipated to grow at a CAGR of 1.7% over the next five years.

Key Findings

  • Luggage and leather goods sales accounted for a marginal share of 0.41% of the total retail sales in 2015
  • Commanding a 45.4% share of the overall sales in the segment, specialist retailers dominate the luggage and leather goods market in Belgium
  • Online sales of the luggage and leather goods category is expected to grow at a CAGR of 9.2% during 2015-2020
Synopsis

“Luggage and Leather Goods Retailing in Belgium – Market Summary & Forecasts” is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2020.

What else does this report offer?
  • A thorough analysis of consumer trends changing economic and population factors
  • Both qualitative and quantitative insights and analysis of the shifting luggage and leather goods retail dynamics from 2010 to 2020
  • Sales of luggage and leather goods through the following channels from 2010 to 2020: Department stores; other specialist retailers; online; hypermarkets, supermarkets and hard-discounters; value, variety stores and general merchandise retailers; other general and non-specialist direct retailers; cash and carries and warehouse clubs; duty free retailers; clothing, footwear, accessories and luxury goods specialists
  • An overview of key luggage and leather goods retailers operating across Belgium and their presence across distribution channels
Reasons To Buy
  • Gain a comprehensive knowledge on luggage and leather goods sector in the Belgium retail market and develop a competitive advantage from the start of your supply chain
  • Investigate current and forecast behaviour trends in luggage and leather goods category to identify the best opportunities to exploit
  • Analyze the recommended actions to align your marketing strategies with the crucial trends influencing the consumer behaviour
  • Understand the fastest growing categories including luggage and leather goods, with insights on performance across key channels from 2010, with forecasts until 2020
  • Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the luggage and leather goods market
  • Analysis of key international and domestic players operating in the luggage and leather goods market – including store counts and revenues that give you a competitive edge - identify opportunities to improve your market share


  • Introduction
    • What is this Report About?
  • Executive Summary & Outlook
  • Market Context
    • A steadily growing economy with opportunities for retailers
      • A modest recovery in the economy, indicates a gradual improvement in retail spending
      • Stable savings rate shows a consistency in retail consumption
      • Service remains the dominant sector for employment
      • Improving labor market set to drive retail spending
      • Improving inflation level may influence retail sales growth
      • Household consumption expenditure is set to grow with a rise in income
    • Balanced demography and social rise in the economy will favor retail market
  • Belgian Shoppers
    • Belgium E- Commerce- A poised domestic market
    • Belgian food and grocery retailing and changing market leaders
    • Belgium- The land of fashion
    • Increasing inbound tourists offering growth opportunities in retail sector
  • Doing Business in Belgium
    • Summary
      • Bureaucracy
      • Business culture
      • Geography
      • Infrastructure and logistics
    • Key taxation policies
    • Belgian tax break is now termed illegal by the European Union
  • Retail - Product Sectors
    • Product Sector Analysis
      • Luggage and Leather Goods
    • Luggage and Leather Goods Category Analysis
      • Luggage and Leather Goods
        • Table Belgium Luggage and Leather Goods Retail Sales (EUR mn), by Channel Group, 2010-2015
        • Table Belgium Luggage and Leather Goods Retail Sales Forecast (EUR mn), by Channel Group, 2015-2020
        • Table Belgium Luggage and Leather Goods Retail Sales (US$ mn), by Channel Group, 2010-2015
        • Table Belgium Luggage and Leather Goods Retail Sales Forecast (US$ mn), by Channel Group, 2015-2020
        • Table Belgium Luggage and Leather Goods Retail Segmentation, by Channel Group, 2010-2020
    • Major Retailers
      • Luggage and Leather Goods
        • Table Key Luggage and Leather Goods Retailers in Belgium
  • Appendix
    • Definitions
      • This report provides 2014 actual sales; while forecasts are provided for 2015 - 2019
        • Table Belgium Exchange Rate EUR-US$ (Annual Average), 2009-2014
        • Table Belgium Exchange Rate EUR-US$ (Annual Average), 2015-2019
        • Table Verdict Retail Channel Definitions
        • Table Verdict Retail Category Definitions
    • Summary Methodology
      • Overview
      • The triangulated market sizing method
      • Industry surveys in the creation of retail market data
      • Quality control and standardized processes
    • About Verdict Retail
    • Disclaimer

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