France BNPL Services Market Introduction and Overview
According to SPER Market Research, the France BNPL Services Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the France BNPL Services Market, including market size and trends, product mix, applications, and supplier analysis. Purchasers can use Buy Now Pay Later (BNPL) services, which let customers make purchases and pay for them in instalments over a certain amount of time. A BNPL service gives consumers the option to spread out their payments, typically at low interest rates or no interest, rather than paying the entire amount at once. Among customers who would rather properly manage their budget and expenses, this payment option has grown in favour.
- July 2021: Air Tahiti and Uplift, a provider of Fly Now Pay Later services, have formed a strategic alliance. Travellers who book Air Tahiti under the partnership can use Uplift's BNPL payment option to pay in installments. Notably, Uplift offers its BNPL payment option to travellers globally through partnerships with over 200 airlines.
- November 2021: Younited Credit, a French FinTech company that offers BNPL services nationwide, has formed a strategic alliance with LiftForward, the top BNPL subscription platform, and Bankable, the world's pioneer in the development of Banking as a Service solutions. The three companies will provide a BNPL product to Italian consumers as part of their partnership.
Market Opportunities and Challenges
For market participants, the French buy-now-pay-later services industry offers a variety of alternatives. First off, there's room to grow in terms of the target clientele. Though there is room to grow, BNPL services currently mainly serve online consumers in the travel, healthcare, and education industries. Second, BNPL service providers can expand their customer base by forming alliances with merchants and online shopping portals. Partnerships with well-known brands make it possible for BNPL services to be seamlessly included into the shopping process, improving consumer satisfaction and stimulating market expansion. Finally, technical innovation and developments might result in the creation of new features and solutions that give customers more freedom and convenience.
Although there is a lot of room for expansion in the France buy now pay later services market, there are some obstacles in the way. The possibility of excessive consumer debt is one of the main worries. Customers may accrue debt that exceeds their ability to repay without sound financial planning and prudent usage, which could result in unstable finances. Furthermore, there are those who contend that the ease of use of BNPL services could lead to consumers making hasty purchases, increasing their debt loads. In order to solve these issues, industry participants and regulators must provide suitable rules as well as consumer education.
Market Competitive Landscape
The Buy Now Pay Later Services Market in France is characterised by a competitive environment, with multiple firms vying for market share. Payment service providers, fintech firms, and well-established financial institutions are all actively involved in this market. Prominent companies provide a range of features and services, including as interest-free instalments, postponed payments, and personalised payment schedules. Customers are using BNPL more and more frequently to pay for their online and in-store transactions. The acceptance of these online instalment loans and point-of-sale loans as payment methods by several retailers is generating chances for growth for BNPL solution providers. Over the course of the forecast period, the expanding e-commerce sector is anticipated to propel market expansion. The major players in the France BNPL Services market include: Alma, Klarna, Scalapay, Clearpay, Paypal, Younited Credit, Splitit, Uplift, Sezzle, Thunes, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Channel, By Product Category
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| Regions covered | Central Region, Northern Region, Southern Region
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| Companies Covered | Alma, Klarna, Scalapay, Clearpay, Paypal, Younited Credit, Splitit, Uplift, Sezzle, Thunes, Others
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COVID-19 Impact on France BNPL Services Market
The French market for buy-now-pay-later services was significantly impacted by the COVID-19 outbreak. Online buying and e-commerce activity increased as a result of the pandemic's lockdown regulations and restrictions. BNPL services became popular among customers as a practical and adaptable payment choice during these hard times. The market expanded as a result of the growing use of BNPL services, which also assisted retailers in lessening the pandemic's negative effects on their operations. Nonetheless, to comprehend the long-term consequences on the BNPL market, it is imperative to keep an eye on the post-pandemic environment and consumer purchasing trends.
Key Target Audience:
- Consumers with Irregular Income
- Consumers with No or Low Credit History
- Impulse Buyers
- Individuals Seeking Financial Flexibility
- Millennials and Gen Z
- Online Shoppers
- Small and Medium-Sized Businesses (SMBs)
- Others
Our in-depth analysis of the France BNPL Services Market includes the following segments:
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By Channel:
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Online
POS
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By Product Category:
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Consumer Electronics
Fashion and Personal Care
Health Care
Other Products
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By Region:
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Central Region
Northern Region
Southern Region
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Key Topics Covered in the Report:
- France BNPL Services Market Size (FY’2023-FY’2033)
- Overview of France BNPL Services Market
- Segmentation of France BNPL Services Market By Channel (Online, POS)
- Segmentation of France BNPL Services Market By Product Category (Consumer Electronics, Fashion and Personal Care, Health Care, Other Products)
- Statistical Snap of France BNPL Services Market
- Expansion Analysis of France BNPL Services Market
- Problems and Obstacles in France BNPL Services Market
- Competitive Landscape in the France BNPL Services Market
- Impact of COVID-19 and Demonetization on France BNPL Services Market
- Details on Current Investment in France BNPL Services Market
- Competitive Analysis of France BNPL Services Market
- Prominent Players in the France BNPL Services Market
- SWOT Analysis of France BNPL Services Market
- France BNPL Services Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
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 France BNPL Services Market
5. Market variable 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
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. Competitive Landscape
6.1. France BNPL Services Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in France BNPL Services Market
7. France BNPL Services Market, By Channel (USD Million)
7.1. France BNPL Services Market Value Share and Forecast, By Channel, 2023-2033
7.2. Online
7.3. POS
8. France BNPL Services Market, By Product Category (USD Million)
8.1. France BNPL Services Market Value Share and Forecast, By Product Category, 2023-2033
8.2. Consumer Electronics
8.3. Fashion and Personal Care
8.4. Health Care
8.5. Other Products
9. France BNPL Services Market Forecast, 2019-2033 (USD Million)
9.1. France BNPL Services Market Size and Market Share
10. France BNPL Services Market, By Channel, 2019-2033 (USD Million)
10.1. France BNPL Services Market Size and Market Share By Channel (2019-2026)
10.2. France BNPL Services Market Size and Market Share By Channel (2027-2033)
11. France BNPL Services Market, By Product Category, 2019-2033 (USD Million)
11.1. France BNPL Services Market Size and Market Share By Product Category (2019-2026)
11.2. France BNPL Services Market Size and Market Share By Product Category (2027-2033)
12. France BNPL Services Market, By Region, 2019-2033 (USD Million)
12.1. France BNPL Services Market Size and Market Share By Region (2019-2026)
12.2. France BNPL Services Market Size and Market Share By Region (2027-2033)
12.3. Central Region
12.4. Northern Region
12.5. Southern Region
13. Company Profile
13.1. Alma
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Klarna
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Scalapay
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Clearpay
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Paypal
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Younited Credit
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Splitit
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Uplift
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Sezzle
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Thunes
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
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.
