Within the research scope of this report, it shows that the global Buy Now Pay Later (BNPL) market had a market size of about 14236.52 Million USD in 2022, growing at a CAGR of 30.89% during 2023-2029 to 93702.06 Million USD in 2029.
MARKET COMPETITIVE LANDSCAPE:
Major players in this market include Klarna, Affirm, Afterpay, Paypal, humm, and etc.
---The combined market share of the Top 3 players in the global Buy Now Pay Later (BNPL) market is about 38.25%.
REGION SHARE:
The report covers the market size information of major regions/Countries around the world, including NA/United States, EU/Germany, APAC/China, LA/SA, MEA and etc.
---In the geographical distribution of Buy Now Pay Later (BNPL) market in 2022, the Europe has the largest market size and its market share is about 56.00%, followed by North America and its market share is about 24.00%.
SEGMENT OVERVIEW:
This report conducts segment analysis on type and application level. Type segment includes Online Channel, POS Channel, etc. Application segment includes Retail Shopping, Home Improvement, etc.
--- Online Channel contributes approximately 75.00% share to the market in 2022.
--- Fashion garment contributes approximately 28.00% share to the market in 2022.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Buy Now Pay Later (BNPL) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Buy Now Pay Later (BNPL) market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Buy Now Pay Later (BNPL) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Buy Now Pay Later (BNPL) market.
Global Buy Now Pay Later (BNPL) Scope and Market Size
Buy Now Pay Later (BNPL) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Buy Now Pay Later (BNPL) market will be able to gain the upper hand as they use the report as a powerful resource.
The impact of the outbreak of COVID-19 and the Russia-Ukraine War on the Buy Now Pay Later (BNPL) industry is considered in the report, covering the dynamic analysis of the development of the Buy Now Pay Later (BNPL) industry, including trends, technologies, opportunities, constraints. To ensure report buyers are able to gain in-depth knowledge of the market.
The market trend for Buy Now Pay Later (BNPL) services is as follows:
Rapid Growth and Adoption: The BNPL market has experienced significant growth in recent years, with increasing adoption by consumers globally. The convenience and flexibility offered by BNPL services, allowing consumers to make purchases and pay in installments without interest or fees, have appealed to a wide range of customers. The market trend for BNPL is driven by the growing popularity and acceptance of this payment method.
Expansion into Various Retail Sectors: Initially popular in e-commerce, BNPL services have expanded their presence into various retail sectors, including fashion, electronics, home goods, and more. Retailers across different industries are partnering with BNPL providers to offer installment payment options to their customers, enhancing their competitiveness and driving sales. The market trend for BNPL is influenced by the increasing integration of BNPL services across diverse retail sectors.
Attraction of Younger Demographics: BNPL services have gained traction among younger demographics, such as millennials and Generation Z. These age groups often prefer flexible payment options and are more comfortable with digital and mobile-based transactions. The market trend for BNPL is driven by the appeal of this payment method to younger consumers who value convenience and budgeting flexibility.
Shift in Consumer Payment Preferences: Traditional credit card usage has seen a shift with the rise of BNPL services. Consumers are increasingly opting for BNPL as an alternative to credit cards, as it allows them to manage their finances more effectively, avoid interest charges, and make purchases without a long-term commitment. The market trend for BNPL is influenced by the changing payment preferences of consumers.
Collaboration between BNPL Providers and Retailers: BNPL providers are forming strategic partnerships and collaborations with retailers to offer seamless and integrated payment experiences. This includes embedding BNPL options directly into retailer websites or integrating them into point-of-sale (POS) systems. Such collaborations enhance the accessibility and visibility of BNPL services, driving their market trend.
Global Expansion of BNPL Players: BNPL providers are expanding their operations beyond their home markets to cater to the growing demand for installment payment solutions globally. This expansion involves entering new regions and partnering with local retailers to offer BNPL services to a broader customer base. The market trend for BNPL is driven by the international expansion of BNPL players.
Highlights-Regions
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Spain
Nordic
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
Egypt
South Africa
UAE
Turkey
Saudi Arabia
Player list
Klarna
Affirm
Afterpay
Paypal
humm
Zippay
Perpay
Sezzle
Payl8r (Social Money Ltd.)
Latitude Financial Services
Laybuy Group Holdings Limited
Openpay
Splitit
Others
Types list
Online Channel
POS Channel
Application list
Retail Shopping
Home Improvement
Leisure & Entertainment
Healthcare and Wellness
Fashion garment
Consumer eletronics
Education
Automotive
Others
List of Tables and Figures
Figure Buy Now Pay Later (BNPL) Picture
Table Product Definition of Buy Now Pay Later (BNPL)
Table Economic Analysis of Global Regions
Table Inflation Analysis
Table The Impact of the Russian-Ukrainian War on the Market
Figure 2020 (COVID-19) Impact on Global Economic Growth 2019, 2020, 2021
Figure Population infected by the Covid-19 of Major Countries
Table Global Buy Now Pay Later (BNPL) Market Size by Type (2018 VS 2023 VS 2029)
Table Global Buy Now Pay Later (BNPL) Revenue and Market Size by Type (2018-2023)
Table Global Buy Now Pay Later (BNPL) Revenue and Market Share by Type (2018-2023)
Table Global Buy Now Pay Later (BNPL) Market Size by Application (2018 VS 2023 VS 2029)
Table Global Buy Now Pay Later (BNPL) Revenue Market Size by Application (2018-2023)
Table Global Buy Now Pay Later (BNPL) Revenue Market Share by Application (2018-2023)
Figure Global Buy Now Pay Later (BNPL) Revenue Market Size (2018-2023)
Table Buy Now Pay Later (BNPL) Market Size by Regions: 2018 VS 2023 VS 2029
Table Buy Now Pay Later (BNPL) Historic Revenue Market Size by Regions (2018-2023)
Table Buy Now Pay Later (BNPL) Historic Revenue Market Share by Regions (2018-2023)
Figure North America Buy Now Pay Later (BNPL) Market Size (2018-2023)
Figure Europe Buy Now Pay Later (BNPL) Market Size (2018-2023)
Figure Asia-Pacific Buy Now Pay Later (BNPL) Market Size (2018-2023)
Figure Latin America Buy Now Pay Later (BNPL) Market Size (2018-2023)
Figure Middle East & Africa Buy Now Pay Later (BNPL) Market Size (2018-2023)
Table North America Buy Now Pay Later (BNPL) Revenue by Countries (2018-2023)
Table North America Buy Now Pay Later (BNPL) Revenue Market Share by Countries (2018-2023)
Table North America Buy Now Pay Later (BNPL) Revenue by Types (2018-2023)
Table North America Buy Now Pay Later (BNPL) Revenue Market Share by Types (2018-2023)
Table North America Buy Now Pay Later (BNPL) Revenue by Applications (2018-2023)
Table North America Buy Now Pay Later (BNPL) Revenue Market Share by Applications (2018-2023)
Figure United States Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Figure Canada Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Table Asia-Pacific Buy Now Pay Later (BNPL) Revenue by Countries (2018-2023)
Table Asia-Pacific Buy Now Pay Later (BNPL) Revenue Market Share by Countries (2018-2023)
Table Asia Pacific Buy Now Pay Later (BNPL) Revenue by Types (2018-2023)
Table Asia Pacific Buy Now Pay Later (BNPL) Revenue Market Share by Types (2018-2023)
Table Asia Pacific Buy Now Pay Later (BNPL) Revenue by Applications (2018-2023)
Table Asia Pacific Buy Now Pay Later (BNPL) Revenue Market Share by Applications (2018-2023)
Figure China Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Figure Japan Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Figure Korea Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Figure Southeast Asia Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Figure India Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Figure Australia Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Table Europe Buy Now Pay Later (BNPL) Revenue by Countries (2018-2023)
Table Europe Buy Now Pay Later (BNPL) Revenue Market Share by Countries (2018-2023)
Table Europe Buy Now Pay Later (BNPL) Revenue by Types (2018-2023)
Table Europe Buy Now Pay Later (BNPL) Revenue Market Share by Types (2018-2023)
Table Europe Buy Now Pay Later (BNPL) Revenue by Applications (2018-2023)
Table Europe Buy Now Pay Later (BNPL) Revenue Market Share by Applications (2018-2023)
Figure Germany Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Figure France Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Figure UK Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Figure Italy Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Figure Russia Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Figure Spain Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Figure Nordic Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Table Latin America Buy Now Pay Later (BNPL) Revenue by Countries (2018-2023)
Table Latin America Buy Now Pay Later (BNPL) Revenue Market Share by Countries (2018-2023)
Table Latin America Buy Now Pay Later (BNPL) Revenue by Types (2018-2023)
Table Latin America Buy Now Pay Later (BNPL) Revenue Market Share by Types (2018-2023)
Table Latin America Buy Now Pay Later (BNPL) Revenue by Applications (2018-2023)
Table Latin America Buy Now Pay Later (BNPL) Revenue Market Share by Applications (2018-2023)
Figure Brazil Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Figure Argentina Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Figure Mexico Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Table Middle East & Africa Buy Now Pay Later (BNPL) Revenue by Countries (2018-2023)
Table Middle East & Africa Buy Now Pay Later (BNPL) Revenue Market Share by Countries (2018-2023)
Table Middle East & Africa Buy Now Pay Later (BNPL) Revenue by Types (2018-2023)
Table Middle East & Africa Buy Now Pay Later (BNPL) Revenue Market Share by Types (2018-2023)
Table Middle East & Africa Buy Now Pay Later (BNPL) Revenue by Applications (2018-2023)
Table Middle East & Africa Buy Now Pay Later (BNPL) Revenue Market Share by Applications (2018-2023)
Figure Egypt Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Figure South Africa Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Figure UAE Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Figure Turkey Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Figure Saudi Arabia Buy Now Pay Later (BNPL) Revenue and Growth (2018-2023)
Table Global Buy Now Pay Later (BNPL) Revenue by Players (2018-2023)
Table Global Buy Now Pay Later (BNPL) Revenue Market Share by Players (2018-2023)
Figure Global Top 3 Companies Revenue Share in 2022
Figure Global Top 6 Companies Revenue Share in 2022
Table Global Buy Now Pay Later (BNPL) Players Market Concentration Ratio (CR5) (2018-2023)
Table Buy Now Pay Later (BNPL) Players Head Office, Business Provided
Table Mergers & Acquisitions
Table New Entrants and Expansion Plans
Table Klarna Profile
Table Product Overview
Table Klarna Buy Now Pay Later (BNPL) Revenue, Gross and Gross Margin (2018-2023)
Figure Klarna Revenue and Growth Rate
Figure Klarna Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Affirm Profile
Table Product Overview
Table Affirm Buy Now Pay Later (BNPL) Revenue, Gross and Gross Margin (2018-2023)
Figure Affirm Revenue and Growth Rate
Figure Affirm Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Afterpay Profile
Table Product Overview
Table Afterpay Buy Now Pay Later (BNPL) Revenue, Gross and Gross Margin (2018-2023)
Figure Afterpay Revenue and Growth Rate
Figure Afterpay Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Paypal Profile
Table Product Overview
Table Paypal Buy Now Pay Later (BNPL) Revenue, Gross and Gross Margin (2018-2023)
Figure Paypal Revenue and Growth Rate
Figure Paypal Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table humm Profile
Table Product Overview
Table humm Buy Now Pay Later (BNPL) Revenue, Gross and Gross Margin (2018-2023)
Figure humm Revenue and Growth Rate
Figure humm Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Zippay Profile
Table Product Overview
Table Zippay Buy Now Pay Later (BNPL) Revenue, Gross and Gross Margin (2018-2023)
Figure Zippay Revenue and Growth Rate
Figure Zippay Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Perpay Profile
Table Product Overview
Table Perpay Buy Now Pay Later (BNPL) Revenue, Gross and Gross Margin (2018-2023)
Figure Perpay Revenue and Growth Rate
Figure Perpay Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Sezzle Profile
Table Product Overview
Table Sezzle Buy Now Pay Later (BNPL) Revenue, Gross and Gross Margin (2018-2023)
Figure Sezzle Revenue and Growth Rate
Figure Sezzle Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Payl8r (Social Money Ltd.) Profile
Table Product Overview
Table Payl8r (Social Money Ltd.) Buy Now Pay Later (BNPL) Revenue, Gross and Gross Margin (2018-2023)
Figure Payl8r (Social Money Ltd.) Revenue and Growth Rate
Figure Payl8r (Social Money Ltd.) Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Latitude Financial Services Profile
Table Product Overview
Table Latitude Financial Services Buy Now Pay Later (BNPL) Revenue, Gross and Gross Margin (2018-2023)
Figure Latitude Financial Services Revenue and Growth Rate
Figure Latitude Financial Services Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Laybuy Group Holdings Limited Profile
Table Product Overview
Table Laybuy Group Holdings Limited Buy Now Pay Later (BNPL) Revenue, Gross and Gross Margin (2018-2023)
Figure Laybuy Group Holdings Limited Revenue and Growth Rate
Figure Laybuy Group Holdings Limited Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Openpay Profile
Table Product Overview
Table Openpay Buy Now Pay Later (BNPL) Revenue, Gross and Gross Margin (2018-2023)
Figure Openpay Revenue and Growth Rate
Figure Openpay Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Splitit Profile
Table Product Overview
Table Splitit Buy Now Pay Later (BNPL) Revenue, Gross and Gross Margin (2018-2023)
Figure Splitit Revenue and Growth Rate
Figure Splitit Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Others Profile
Table Product Overview
Table Others Buy Now Pay Later (BNPL) Revenue, Gross and Gross Margin (2018-2023)
Figure Others Revenue and Growth Rate
Figure Others Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Global Buy Now Pay Later (BNPL) Revenue Market Size Forecast by Type (2023-2029)
Table Global Buy Now Pay Later (BNPL) Revenue Market Share Forecast by Type (2023-2029)
Table Global Buy Now Pay Later (BNPL) Revenue Market Size by Application (2023-2029)
Table Global Buy Now Pay Later (BNPL) Revenue Market Share by Application (2023-2029)
Figure Global Buy Now Pay Later (BNPL) Revenue Forecast Market Size (2023-2029)
Table Buy Now Pay Later (BNPL) Revenue Forecast Market Size by Regions (2023-2029)
Table Buy Now Pay Later (BNPL) Revenue Forecast Market Share by Regions (2023-2029)
Figure North America Buy Now Pay Later (BNPL) Revenue Forecast Market Size (2023-2029)
Figure Europe Buy Now Pay Later (BNPL) Revenue Forecast Market Size (2023-2029)
Figure Asia-Pacific Buy Now Pay Later (BNPL) Revenue Forecast Market Size (2023-2029)
Figure Latin America Buy Now Pay Later (BNPL) Revenue Forecast Market Size (2023-2029)
Figure Middle East & Africa Buy Now Pay Later (BNPL) Revenue Forecast Market Size (2023-2029)
Table Market Trends Analysis
Table Market Drivers Analysis
Table Market Challenges Analysis
Table Market Restraints Analysis
