Buy Now Pay Later Market Demand, Share, Trends and Future Investment 2032

Buy Now Pay Later Market Size- By Channel, By Enterprise Size, By End User- Regional Outlook, Competitive Strategies and Segment Forecasts to 2032

Buy Now Pay Later Market Size- By Channel, By Enterprise Size, By End User- Regional Outlook, Competitive Strategies and Segment Forecasts to 2032

Published: Dec 2022 Report ID: IACT2220 Pages: 1 - 239 Formats*:     
Category : Information & Communications Technology
Global Buy Now Pay Later Market Overview:

According to SPER Market Research, the Global Buy Now Pay Later Market is estimated to reach USD 51.83 billion by 2032 with a CAGR of 26.32%. 

Global Buy Now Pay Later is a type of short-term loan that allows you to buy household items, electronics, clothing, and other everyday items. It is a point-of-sale (POS) instalment payment mechanism that allows customers to purchase things and manage repayments. Individuals are benefiting from payment methods to buy now and pay later in a number of ways, including more affordable and convenient payment services, faster credit card transactions on retail platforms, and greater security of personal information., all of which contribute to growth. market. Additionally, the platform includes a QR code option that allows customers to pay with scannable codes and complete transactions via UPI, all contributing to the growth of the market. In addition, the Buy Now Pay Later platform allows customers to make secure payments without debit cards, facilitating global market expansion.

Impact of COVID-19 on the Global Buy Now Pay Later Market 
Other significant reasons boosting the market growth include the expanding number of internet users, more access to online services, and the increased deployment of e-prescriptions in healthcare services in the aftermath of the COVID-19 epidemic. During COVID-19 CVS Health began implementing new strategies to balance the demand for medications used throughout the treatment of both COVID-19 and other chronic conditions.  Also, Amazon started an online pharmacy service in the United States for both generic and prescription pharmaceuticals. Before COVID-19, majority of families were chronic-first consumers of Buy Now Pay Later Market because they saw superior value in these affordable and convenient services. Nevertheless, as buy now pay later market proved the need of the hour during the lockdown period, an identical amount of chronic-first and acute-first families were onboarded. Furthermore, the rising demand for over-the-counter (OTC) items such as masks, sanitizers, thermometers, and steamers, among others, is supporting the expansion of the buy now pay later market. As a result, the rapid use of OTC products will benefit the buy now pay later market sector.



Scope of the Report:
 Report Metric Details
 Market size available for years 2019-2032
 Base year considered 2021
 Forecast period 2022-2032
 Segments coveredBy Channel, By Enterprise Size, By End User
 Regions coveredNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa
 Companies CoveredAffirm Holdings Inc., Afterpay, Klarna Bank AB, Laybuy Group Holdings Limited, PayPal Holdings Inc., Payl8r (Social Money Ltd.), Perpay, Quadpay, Sezzle, Splitit
Global Buy Now Pay Later Market Segmentation:

By Channel: Based on the Channel, Global Buy Now Pay Later Market is segmented as; Online, Point of Sale.

By Enterprise Size: Based on the Enterprise Size, Global Buy Now Pay Later Market is segmented as; Large Enterprises, Small & Medium Enterprises.

By End User:
 Based on the End User, Global Buy Now Pay Later Market is segmented as; Consumer Electronics, Fashion & Garment, Leisure Entertainment, Retail. 

By Region: Due to rising prices for numerous household appliances, including music systems, smart TVs, and washing machines, Asia-Pacific is predicted to have considerable growth throughout the projection period. In addition, the growing demand for buy now pay later platforms among young people in Asia-emerging Pacific’s countries to acquire expensive electronic products like laptops, smartphones, and mobile tablets is fuelling the market's expansion in the region over the future years. 
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis

2. Research methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal Database
2.1.4. Premium Insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges 
4.2. COVID-19 Impacts of the Global Buy Now Pay Later Market

5. Market variables and outlook
5.1. SWOT analysis 
5.1.1. Strengths 
5.1.2. Weaknesses 
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL analysis 
5.2.1. Political landscape
5.2.2. Economic landscape
5.2.3. Social landscape 
5.2.4. Technological landscape 
5.2.5. Environmental landscape 
5.2.6. Legal landscape 
5.3. PORTER’S five forces analysis 
5.3.1. Bargaining power of suppliers 
5.3.2. Bargaining power of Buyers 
5.3.3. Threat of Substitute 
5.3.4. Threat of new entrant 
5.3.5. Competitive rivalry
5.4. Heat map analysis

6. Global Buy Now Pay Later Market, By Channel, 2019-2032 (USD million)
6.1. Online
6.2. Point of Sale

7. Global Buy Now Pay Later Market, By Enterprise Size, 2019-2032 (USD million)
7.1. Large Enterprises
7.2. Small & Medium Enterprises

8. Global Buy Now Pay Later Market, By End User, 2019-2032 (USD million)
8.1. Consumer Electronics 
8.2. Fashion & Garment
8.3. Leisure & Entertainment
8.4. Retail

9. Global Buy Now Pay Later Market., By Region, 2019-2032 (USD million)
9.1. North America
9.1.1. United States
9.1.2. Canada
9.1.3. Mexico
9.2. Europe
9.2.1. Germany
9.2.2. United Kingdom
9.2.3. France
9.2.4. Italy
9.2.5. Spain
9.2.6. Rest of Europe
9.3. Asia-Pacific
9.3.1. China
9.3.2. Japan
9.3.3. India
9.3.4. Australia
9.3.5. South Korea
9.3.6. Rest of Asia-Pacific
9.4. South America
9.4.1. Brazil
9.4.2. Argentina
9.4.3. Rest of South America
9.5. Middle East & Africa
9.5.1. Kingdom of Saudi Arabia 
9.5.2. United Arab Emirates
9.5.3. Rest of Middle East & Africa

10. Company Profiles
10.1. Affirm Holdings Inc.
10.1.1. Company details 
10.1.2. Financial outlook
10.1.3. Product summary 
10.1.4. Recent developments

10.2. Afterpay
10.2.1. Company details 
10.2.2. Financial outlook
10.2.3. Product summary 
10.2.4. Recent developments

10.3. Klarna Bank AB
10.3.1. Company details 
10.3.2. Financial outlook
10.3.3. Product summary 
10.3.4. Recent developments

10.4. Laybuy Group Holdings Limited
10.4.1. Company details 
10.4.2. Financial outlook
10.4.3. Product summary 
10.4.4. Recent developments

10.5. PayPal Holdings Inc.
10.5.1. Company details 
10.5.2. Financial outlook
10.5.3. Product summary 
10.5.4. Recent development

10.6. Payl8r (Social Money Ltd.)
10.6.1. Company details 
10.6.2. Financial outlook
10.6.3. Product summary 
10.6.4. Recent developments

10.7. Perpay
10.7.1. Company details 
10.7.2. Financial outlook
10.7.3. Product summary 
10.7.4. Recent developments

10.8. Quadpay
10.8.1. Company details 
10.8.2. Financial outlook
10.8.3. Product summary 
10.8.4. Recent developments

10.9. Sezzle
10.9.1. Company details 
10.9.2. Financial outlook
10.9.3. Product summary 
10.9.4. Recent developments

10.10. Splitit
10.10.1. Company details 
10.10.2. Financial outlook
10.10.3. Product summary 
10.10.4. Recent developments

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3


Frequently Asked Questions About This Report
The Buy Now Pay Later Market is projected to reach USD 51.83 billion by 2032, growing at a CAGR of 26.32% during the forecast period.
The Buy Now Pay Later Market grew in market size from 2021. The Market is expected to reach USD 51.83 billion by 2032, at a CAGR of 26.32% during the forecast period.
The Buy Now Pay Later Market CAGR of 26.32% during the forecast period.
You can get the sample pages by clicking the link - Click Here
The Buy Now Pay Later Market size is USD 51.83 billion from 2022 to 2032.
The Buy Now Pay Later Market segment is Covered By Channel, By Enterprise Size, By End User.
The North America region is anticipated to have the highest market share in the Buy Now Pay Later Market.
The key players in the market include Companies Covered Affirm Holdings Inc., Afterpay, Klarna Bank AB, Laybuy Group Holdings Limited, PayPal Holdings Inc., Payl8r (Social Money Ltd.), Perpay, Quadpay, Sezzle, Splitit.
The platform includes a QR code option that allows customers to pay with scannable codes and complete transactions via UPI, all contributing to the growth of the market.
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