Benelux POS – mPOS Hardware Software Market Share
Benelux POS Software Market Share
2022 Total Retail Sales: €165 Billion ($174 Billion), up 5.6% from 2021
Country Overview
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7th Largest EMEA economy €1.4 Trillion ($1.6 Trillion)
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9th Largest retail market in the region
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6th Largest EMEA POS Installed Base
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5.0% unemployment
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€5,552 ($5,851 USD) per capita retail sales.
Key Trends
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Consists of Belgium, the Netherlands and Luxembourg.
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Retail markets in all three countries are saturated, as strong competition has eliminated weaker players.
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The Dutch have a traditional zeal for commerce, their accomplishments nothing short of historic over hundreds of years. Their current retail trade is among the best organized and most efficient in Europe. It is a mature market, highly regulated with tight controls on physical development that has kept the bulk of retail space on High Street as opposed to out-of-town.
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Belgium (most notably Brussels) and Luxembourg both cater to a more prosperous clientele, with luxury and high-end specialty retailers.
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While Luxembourg is a magnet for foreign retailers (Louis Delhaize, Auchan, M&S, etc), Belgian and Dutch retailers like Colruyt, Ahold Delhaize, Brantano, Makro and Blokker have successfully ventured into other European, Asia and North American markets.