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Consumer Values and Behaviour in Belgium

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Description

This report visually explores everyday habits and behaviours that reflect consumers' beliefs and values, linking behavioural trends with purchase and consumption habits in Belgium.

Euromonitor's Consumer Values and Behaviour in Belgium report analyses factors influencing national consumer expenditure. Consumer lifestyles reports include coverage of: population, urban development, home ownership, household profiles, labour, income, consumer and family expenditure, health, education, eating habits, drinking habits, shopping habits, personal grooming, clothing, leisure habits, savings and investments, media, communication, transport and travel and tourism. Use this report to understand the factors influencing a nation's lifestyle choices.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

Get a detailed picture of the Consumer Values market; Pinpoint growth sectors and identify factors driving change; Understand the competitive environment, the market's major players and leading brands; Use five-year forecasts to assess how the market is predicted to develop.
Table of Contents
Product Code: CLBEcv

TABLE OF CONTENTS

Consumers have lower preference for branded goods than global average

Gen X keen to try new products/services; Boomers want tailored services

Millennials optimistic that their investments will have long-term value

Belgians have more pessimistic outlook than global average

Consumers sceptical that more activities will shift to in-person

Younger generations have more positive outlook on their financial future

Belgians have less faith in the world being a safer place in future

Nearly half believe that the world will more dangerous in next five years

All generations feel that climate change will have more impact in future

Gen Z more active in most home-based activities than other generations

Half of Belgian respondents look for homes that are energy efficient

More women than men want outside space and proximity to transport

Home cooking is favoured over ordering food from foodservice outlets

High percentage of respondents absolved from cooking

Millennials enjoy the convenience of having food delivered

Low interest in nutrition labels but healthy ingredients valued

Healthy ingredients most important consideration for all ages

Work-life balance and flexibility more critical for women than men

Gen X have strongest feelings on being able to work close to home

Job security and earning a high salary have equal appeal to Belgians

Gen Z have clear sights on high salaries, while Gen X also want security

Over 60% of Belgians are looking for ways to simplify their lives

Gen Z show least inclination to search for simplification

Socialising online has been a lifeline, but day trips are still popular

All generations have high levels of interaction with friends online

Shopping is a top leisure activity; sporting events and cinema are popular

Millennials are the top cinema goers

Group fitness classes not as popular as cycling as a form of exercise

Cycling more appealing as a regular exercise than running to Gen Z

Spa visits/massage used for stress reduction by more men than women

Older generations use herbal remedies far more than Gen Z

Climate change is a key concern for nearly 60% of respondents

Baby Boomers working to have a positive impact on the planet

Reducing food waste is top of the agenda for Belgian consumers

Gen Z focus on reducing carbon emissions; Boomers on food waste

Purpose-driven brands/companies do not resonate strongly with Belgians

Energy efficient products used more by older generations

A quarter of consumers will boycott brands that do not share their ethos

Millennials more likely to decide to buy from brands that share beliefs

High percentage of consumers like to find bargains

Bargain hunting becomes more attractive with age

Consumers avoid unnecessary purchases and willing to buy used items

Baby Boomers focus on purchasing private label and low-cost products

Belgians have low rates of purchasing items using their smartphones

High % of Baby Boomers buy personal and healthcare items in store

Belgians most inclined to increase spending on travel and health

Gen Z intend to spend more on clothing and their health, in particular

Belgians not as comfortable sharing their data or communicating online

Gen Z more focused on cultivating their personal brand online

Belgians have low inclination to buy, share or retweet on social media

Millennials just ahead of Gen Z in interacting with company posts

Over half of Belgian consumers use mobile banking every week

Millennials and Gen X most prolific users of mobile banking services