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  1. TB51
    1,788 Posts.
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    21/06/24
    08:37
    Post #: 74417858

    Global Buy Now Pay Later Analysis Report 2024: BNPL Market to Reach $1,209.9 Billion by 2030 with a CAGR of 21.5% - Trends, Forecasts and Competitive Landscape

    June 19, 2024 08:53 ET| Source: Research and Markets

    Global Buy Now Pay Later Analysis Report 2024: BNPL Market (globenewswire.com)

    Dublin, June 19, 2024 (GLOBE NEWSWIRE) -- The report has been added to ResearchAndMarkets.com's offering.

    The global buy now pay later market is expected to reach an estimated $1,209.9 billion by 2030 with a CAGR of 21.5% from 2024 to 2030.

    The future of the global buy now pay later market looks promising with opportunities in the retail, healthcare, leisure & entertainment, and automotive markets. The major drivers for this market are growing adoption of digital wallets and continuous expansion of e-commerce industry.

    Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies buy now pay later companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.

    Buy Now Pay Later Market Insights

    Online is expected to witness the highest growth over the forecast period.Retail will remain the largest segment due to increasing use of BNPL solutions in this industry to enable clients to conveniently spread out the cost of the purchase over a period of prearranged, interest-free payments.North America is expected to witness highest growth over the forecast period due to presence of key players in the region.

    Features of the Global Buy Now Pay Later Market

    Market Size Estimates: Buy now pay later market size estimation in terms of value ($B).Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.Segmentation Analysis: Buy now pay later market size by channel type, enterprise size, end use industry, and region in terms of value ($B).Regional Analysis: Buy now pay later market breakdown by North America, Europe, Asia Pacific, and Rest of the World.Growth Opportunities: Analysis of growth opportunities in different channel types, enterprise sizes, end use industries, and regions for the buy now pay later market.Strategic Analysis: This includes M&A, new product development, and competitive landscape of the buy now pay later market.Analysis of competitive intensity of the industry based on Porter's Five Forces model.
    ZIP Price at posting: $1.38 Sentiment: Buy Disclosure: Held
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