Buy Now Pay Later Industry Research Report 2023

Buy Now Pay Later Industry Research Report 2023


Buy Now Pay Later allow user to purchase products instantaneously and pay for it afterwards.

Highlights

The global Buy Now Pay Later market is projected to reach US$ million by 2029 from an estimated US$ million in 2023, at a CAGR of % during 2024 and 2029.
The largest company is Klarna, who owns 22.56% market share in 2019. The top five vendors held about 60% of the market, in terms of Buy Now Pay Later revenue in 2019.
As for the region, North America holding about 40% market share in 2019, followed by Europe, with about 34% market share.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Buy Now Pay Later, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Buy Now Pay Later.
The Buy Now Pay Later market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Buy Now Pay Later market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Buy Now Pay Later companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue by companies for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
Afterpay
QuadPay (Zip Co Limited)
VISA
Sezzle
Affirm
Klarna
Splitit
Latitude Financial Services
Flexigroup
Openpay

Product Type Insights

Global markets are presented by Buy Now Pay Later type, along with growth forecasts through 2029. Estimates on revenue are based on the price in the supply chain at which the Buy Now Pay Later are procured by the companies.
This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows revenue data by type, and during the historical period (2018-2023) and forecast period (2024-2029).
Buy Now Pay Later segment by Type
Individual
Enterprise

Application Insights

This report has provided the market size (revenue data) by application, during the historical period (2018-2023) and forecast period (2024-2029).
This report also outlines the market trends of each segment and consumer behaviors impacting the Buy Now Pay Later market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Buy Now Pay Later market.
Buy Now Pay Later Segment by Application
Fashion and Garment Industry
Consumer Electronics
Cosmetic Industry
Healthcare
Others

Regional Outlook

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue data of each region and country for the period 2018-2029.
The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America, Middle East & Africa. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2022 because of the base year, with estimates for 2023 and forecast revenue for 2029.
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the Buy Now Pay Later market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Reasons to Buy This Report

This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Buy Now Pay Later market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
This report will help stakeholders to understand the global industry status and trends of Buy Now Pay Later and provides them with information on key market drivers, restraints, challenges, and opportunities.
This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
This report stays updated with novel technology integration, features, and the latest developments in the market
This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Buy Now Pay Later industry.
This report helps stakeholders to gain insights into which regions to target globally
This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Buy Now Pay Later.
This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Core Chapters

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Buy Now Pay Later companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.

Frequently Asked Questions

What factors will challenge the Product Name market growth?
Which end-use segment will expand at the fastest CAGR in the Product Name market?
Which are the emerging players in the Product Name market?
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Which factors are positively contributing to the Product Name market growth?
Which are the novel product innovations in the Product Name market?
Which product segment will emerge as the most lucrative in the Product Name market?
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Which region will witness inactive growth during the forecast period?
What key trends are likely to emerge in the Product Name market in the coming years?


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Buy Now Pay Later by Type
2.2.1 Market Value Comparison by Type (2018 VS 2022 VS 2029)
1.2.2 Individual
1.2.3 Enterprise
2.3 Buy Now Pay Later by Application
2.3.1 Market Value Comparison by Application (2018 VS 2022 VS 2029)
2.3.2 Fashion and Garment Industry
2.3.3 Consumer Electronics
2.3.4 Cosmetic Industry
2.3.5 Healthcare
2.3.6 Others
2.4 Assumptions and Limitations
3 Buy Now Pay Later Breakdown Data by Type
3.1 Global Buy Now Pay Later Historic Market Size by Type (2018-2023)
3.2 Global Buy Now Pay Later Forecasted Market Size by Type (2023-2028)
4 Buy Now Pay Later Breakdown Data by Application
4.1 Global Buy Now Pay Later Historic Market Size by Application (2018-2023)
4.2 Global Buy Now Pay Later Forecasted Market Size by Application (2018-2023)
5 Global Growth Trends
5.1 Global Buy Now Pay Later Market Perspective (2018-2029)
5.2 Global Buy Now Pay Later Growth Trends by Region
5.2.1 Global Buy Now Pay Later Market Size by Region: 2018 VS 2022 VS 2029
5.2.2 Buy Now Pay Later Historic Market Size by Region (2018-2023)
5.2.3 Buy Now Pay Later Forecasted Market Size by Region (2024-2029)
5.3 Buy Now Pay Later Market Dynamics
5.3.1 Buy Now Pay Later Industry Trends
5.3.2 Buy Now Pay Later Market Drivers
5.3.3 Buy Now Pay Later Market Challenges
5.3.4 Buy Now Pay Later Market Restraints
6 Market Competitive Landscape by Players
6.1 Global Top Buy Now Pay Later Players by Revenue
6.1.1 Global Top Buy Now Pay Later Players by Revenue (2018-2023)
6.1.2 Global Buy Now Pay Later Revenue Market Share by Players (2018-2023)
6.2 Global Buy Now Pay Later Industry Players Ranking, 2021 VS 2022 VS 2023
6.3 Global Key Players of Buy Now Pay Later Head office and Area Served
6.4 Global Buy Now Pay Later Players, Product Type & Application
6.5 Global Buy Now Pay Later Players, Date of Enter into This Industry
6.6 Global Buy Now Pay Later Market CR5 and HHI
6.7 Global Players Mergers & Acquisition
7 North America
7.1 North America Buy Now Pay Later Market Size (2018-2029)
7.2 North America Buy Now Pay Later Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 North America Buy Now Pay Later Market Size by Country (2018-2023)
7.4 North America Buy Now Pay Later Market Size by Country (2024-2029)
7.5 United States
7.6 Canada
8 Europe
8.1 Europe Buy Now Pay Later Market Size (2018-2029)
8.2 Europe Buy Now Pay Later Market Growth Rate by Country: 2018 VS 2022 VS 2029
8.3 Europe Buy Now Pay Later Market Size by Country (2018-2023)
8.4 Europe Buy Now Pay Later Market Size by Country (2024-2029)
7.4 Germany
7.5 France
7.6 U.K.
7.7 Italy
7.8 Russia
7.9 Nordic Countries
9 Asia-Pacific
9.1 Asia-Pacific Buy Now Pay Later Market Size (2018-2029)
9.2 Asia-Pacific Buy Now Pay Later Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Asia-Pacific Buy Now Pay Later Market Size by Country (2018-2023)
9.4 Asia-Pacific Buy Now Pay Later Market Size by Country (2024-2029)
8.4 China
8.5 Japan
8.6 South Korea
8.7 Southeast Asia
8.8 India
8.9 Australia
10 Latin America
10.1 Latin America Buy Now Pay Later Market Size (2018-2029)
10.2 Latin America Buy Now Pay Later Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Latin America Buy Now Pay Later Market Size by Country (2018-2023)
10.4 Latin America Buy Now Pay Later Market Size by Country (2024-2029)
9.4 Mexico
9.5 Brazil
11 Middle East & Africa
11.1 Middle East & Africa Buy Now Pay Later Market Size (2018-2029)
11.2 Middle East & Africa Buy Now Pay Later Market Growth Rate by Country: 2018 VS 2022 VS 2029
11.3 Middle East & Africa Buy Now Pay Later Market Size by Country (2018-2023)
11.4 Middle East & Africa Buy Now Pay Later Market Size by Country (2024-2029)
10.4 Turkey
10.5 Saudi Arabia
10.6 UAE
12 Players Profiled
11.1 Afterpay
11.1.1 Afterpay Company Detail
11.1.2 Afterpay Business Overview
11.1.3 Afterpay Buy Now Pay Later Introduction
11.1.4 Afterpay Revenue in Buy Now Pay Later Business (2017-2022)
11.1.5 Afterpay Recent Development
11.2 QuadPay (Zip Co Limited)
11.2.1 QuadPay (Zip Co Limited) Company Detail
11.2.2 QuadPay (Zip Co Limited) Business Overview
11.2.3 QuadPay (Zip Co Limited) Buy Now Pay Later Introduction
11.2.4 QuadPay (Zip Co Limited) Revenue in Buy Now Pay Later Business (2017-2022)
11.2.5 QuadPay (Zip Co Limited) Recent Development
11.3 VISA
11.3.1 VISA Company Detail
11.3.2 VISA Business Overview
11.3.3 VISA Buy Now Pay Later Introduction
11.3.4 VISA Revenue in Buy Now Pay Later Business (2017-2022)
11.3.5 VISA Recent Development
11.4 Sezzle
11.4.1 Sezzle Company Detail
11.4.2 Sezzle Business Overview
11.4.3 Sezzle Buy Now Pay Later Introduction
11.4.4 Sezzle Revenue in Buy Now Pay Later Business (2017-2022)
11.4.5 Sezzle Recent Development
11.5 Affirm
11.5.1 Affirm Company Detail
11.5.2 Affirm Business Overview
11.5.3 Affirm Buy Now Pay Later Introduction
11.5.4 Affirm Revenue in Buy Now Pay Later Business (2017-2022)
11.5.5 Affirm Recent Development
11.6 Klarna
11.6.1 Klarna Company Detail
11.6.2 Klarna Business Overview
11.6.3 Klarna Buy Now Pay Later Introduction
11.6.4 Klarna Revenue in Buy Now Pay Later Business (2017-2022)
11.6.5 Klarna Recent Development
11.7 Splitit
11.7.1 Splitit Company Detail
11.7.2 Splitit Business Overview
11.7.3 Splitit Buy Now Pay Later Introduction
11.7.4 Splitit Revenue in Buy Now Pay Later Business (2017-2022)
11.7.5 Splitit Recent Development
11.8 Latitude Financial Services
11.8.1 Latitude Financial Services Company Detail
11.8.2 Latitude Financial Services Business Overview
11.8.3 Latitude Financial Services Buy Now Pay Later Introduction
11.8.4 Latitude Financial Services Revenue in Buy Now Pay Later Business (2017-2022)
11.8.5 Latitude Financial Services Recent Development
11.9 Flexigroup
11.9.1 Flexigroup Company Detail
11.9.2 Flexigroup Business Overview
11.9.3 Flexigroup Buy Now Pay Later Introduction
11.9.4 Flexigroup Revenue in Buy Now Pay Later Business (2017-2022)
11.9.5 Flexigroup Recent Development
11.10 Openpay
11.10.1 Openpay Company Detail
11.10.2 Openpay Business Overview
11.10.3 Openpay Buy Now Pay Later Introduction
11.10.4 Openpay Revenue in Buy Now Pay Later Business (2017-2022)
11.10.5 Openpay Recent Development
13 Report Conclusion
14 Disclaimer

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