Dublin, July 19, 2021 (GLOBE NEWSWIRE) -- The "Europe Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook - 75+ KPIs on Buy Now Pay Later Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics" report has been added to ResearchAndMarkets.com's offering.
BNPL is becoming increasingly popular among consumers owing to rise in consumer preference for deferred payment for online purchases. Consumers prefer BNPL due to affordability and convenience it offers. BNPL, consumer credit, or after pay enable consumers to pay money only after they meet their expectations. Some players offering BNPL service include Klarna, PayPal Credit, and Splitit.
Also, POS loans also called the consumer credit option, which offer online shoppers the option of an on-the-spot 'buy now, pay later' loan from a third party as they check out, are accessible at retail sites such as JD.Sports, ASOS, Nest, Arcadia Group, Media Markt, and others. Pay later is popular mainly in the retail sector due to versatile consumer behavior and intense competition .
Among countries in Europe, BNPL is more popular in the UK as compared to other nations including Italy or Germany. Shoppers in the UK observe retail finance as a convenient way to split the cost of expensive purchases.
However, in Germany, open invoice or pay after delivery is a popular payment method. In Germany, RatePay provides checkout lending solutions and open instalments for e-commerce. Other key players in the Western European market include Divido, Mash, CreditClick, and AfterPay.
Moreover, Chinese players also enabling BNPL service for western shoppers. For instance, in May 2019, Alipay, Adyen, and Klarna, partnered to enable shoppers at AliExpress to leverage Klarna's pay later solution.
This payment solution enables shoppers at AliExpress' shoppers in Germany, the Netherlands, Austria, and Finland, to use BNPL services . The convenience and increasing availability of BNPL services in Europe is expected to increase its adoption in the coming years.
Scope
BNPL Market Size and Spending Pattern
- Gross Merchandise Value Trend Analysis
- Average Value Per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Buy Now Pay Later Spend Analysis by Channel: Market Size and Forecast
- Online Channel
- POS Channel
Buy Now Pay Later in Retail Shopping: Market Size and Forecast
- Gross Merchandise Value Trend Analysis
- Average Value Per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Buy Now Pay Later in Home Improvement: Market Size and Forecast
- Gross Merchandise Value Trend Analysis
- Average Value Per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Buy Now Pay Later in Leisure & Entertainment: Market Size and Forecast
- Gross Merchandise Value Trend Analysis
- Average Value Per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Buy Now Pay Later in Healthcare and Wellness: Market Size and Forecast
- Gross Merchandise Value Trend Analysis
- Average Value Per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Buy Now Pay Later in Education: Market Size and Forecast
- Gross Merchandise Value Trend Analysis
- Average Value Per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Buy Now Pay Later in Automotive: Market Size and Forecast
- Gross Merchandise Value Trend Analysis
- Average Value Per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Buy Now Pay Later Analysis by Consumer Attitude and Behaviour
- Buy Now Pay Later Sales Uplift by Product Category
- Buy Now Pay Later Spend Share by Age Group
- Buy Now Pay Later Gross Merchandise Share by Income
- Buy Now Pay Later Gross Merchandise Value Share by Gender
- Buy Now Pay Later Adoption Rationale Gross Merchandise Value Analysis
This offering is a bundled offering, combining one regional and 15 country reports:
1. Europe Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook
2. Austria Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook
3. Belgium Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook
4. Denmark Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook
5. Finland Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook
6. France Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook
7. Germany Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook
8. Greece Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook
9. Italy Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook
10. Netherlands Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook
11. Norway Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook
12. Poland Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook
13. Spain Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook
14. Sweden Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook
15. Switzerland Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook
16. United Kingdom Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook
For more information about this report visit https://www.researchandmarkets.com/r/qiglnk