Brussels and Antwerp are Belgium’s most economically vibrant cities. Meanwhile, Ghent holds the highest potential for future economic growth. However, challenges for the country’s cities will persist in the near term due to the continuing global economic slowdown and the impact of tight financial conditions. In the longer run, Belgium’s cities, such as Bruges, are set to face an increase in ageing populations.
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Overview:
Belgium Cities Review is based on Euromonitor’s City Scorecard. The scorecard is a benchmarking tool used to evaluate the consumer and economic performance of 1,000+ largest cities globally. The scorecard considers indicators across eight key pillars that are at the core of a city’s consumer market development. The scorecard is built by ranking cities in a country/regional context and provides an easy-to-understand system to quickly identify city-specific risks and opportunities.
Euromonitor’s City Scorecard covers over 30 indicators in eight pillars:
• Population
• Consumer Expenditure
• Digital Consumer
• Wealth
• Possession of Household Durables
• Economy
• Labour
• Transport
Belgium Cities Review helps to evaluate potential market size by city and formulate a more informed image of the urban consumer. Key economic indicators combined with income, spending and employment data help businesses map potential market sizes. Comparative data and newest city insights will help businesses customize and tailor country market entry strategies pinpointing the cities with the most future potential.
The Belgium Cities Review market research report includes:
- Major Belgium cities scorecard
- Detailed ranking of cities in terms of future growth, wealth, labour and other key consumer and economic indicators
- Historic data on population, consumer expenditure, digital consumer and other indicators
- Five-year forecasts of trends and city growth
The Belgium Cities Review in Belgium report answers:
- How does a specific city fair in terms of consumer market attractiveness compared to a country/region?
- Which cities will be the fastest growing in Belgium?
- What is the consumer market potential in specific cities?
- Which cities in Belgium have the largest number of wealthy consumers?
- How does the city affordability differ across country and region?
- How does labour productivity differ across cities?
- What is the household profile in different cities?
Belgium Cities Review
HEADLINES
The most populous city in Belgium, Brussels, remains an attractive destination for education and employment opportunities
High internet connectivity makes cities in Belgium ready for adopting smart city solutions
Bruges to offer the highest disposable income in Belgium
High unemployment rates in Brussels restricts growth in consumer expenditure
Brussels to remain the largest contributor to Belgium’s economy by 2028
Passenger cars in use decreased in Brussels
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- Gain competitive intelligence about cities
- Track key cities trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions This cities review originates from Passport, our Cities market research database.
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