Benelux POS Terminal Market – 2025

Benelux POS Terminal Market

Benelux POS Terminal Market

A Progressive and Innovation-Driven Retail Technology Landscape

The Benelux region (Belgium, Netherlands, Luxembourg) represents one of Europe’s most progressive retail technology ecosystems. With high cashless payment adoption, advanced logistics infrastructure, and early adoption of retail innovations, this compact market punches well above its weight in the European retail landscape.

€247B
Total Retail Sales
(↑ 2.4% from 2023)
€1.6T
Combined GDP
#8
Largest Retail Market in EMEA
#4
Largest POS Installed Base in EMEA
€8,517
Per Capita Retail Sales

Market Trends

  • The Netherlands leads Europe in cashless payment adoption with over 70% of transactions being cashless, driving demand for advanced payment-enabled POS systems.
  • The Benelux region has one of the highest e-commerce penetration rates in Europe (approximately 16% of total retail sales), forcing brick-and-mortar retailers to invest heavily in omnichannel POS solutions.
  • Sustainability is a major market driver, with retailers increasingly seeking energy-efficient POS hardware and systems that can reduce paper usage through digital receipts.
  • The region’s high labor costs (averaging €35/hour in retail) have accelerated adoption of self-checkout terminals and scan-and-go solutions to optimize staffing.
  • Cross-border retail activity is significant, with many retailers operating across all three countries, creating demand for POS systems with multi-currency, multi-language, and multi-tax capabilities.

Leading Retailers

Ahold Delhaize (#13 worldwide), Louis Delhaize Group (#127), Colruyt Group (#147), Jumbo (#153), Action (#166), Hema (#192), Albert Heijn, Carrefour Belgium, Cora, Kruidvat, Media Markt, Blokker.

Market Size & Growth Projections

€300M

2024 Market Size

€336M

Expected 2029 Market Size

12.1%

Total Growth

2.3%

CAGR

Key Vendors

Key POS Hardware Vendors
Hewlett Packard
NCR Voyix
Diebold Nixdorf
Toshiba Global Commerce Solutions
Fujitsu
HP Inc.
Key POS Software Vendors
Lightspeed
Oracle
NCR Voyix
Diebold Nixdorf
Extenda Retail

IHL Studies for Benelux POS Terminal Market

2025 EMEA POS Terminal Market Study

2024 EMEA POS / mPOS Software Market Share

2024 EMEA POS Terminal Hardware Market Share by Vendor

2025 EMEA Retail Stores/POS Sizing by Retail Chain Size

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