Global Buy Now Pay Later Market 2023 - 2030: Absence of Interest Fees Charged by BNPL Platforms Drives Growth


Dublin, April 11, 2023 (GLOBE NEWSWIRE) -- The "Buy Now Pay Later Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War" report has been added to ResearchAndMarkets.com's offering.

The global buy now pay later market is expected to grow at a CAGR of around 27.3% during 2023-2030.

Companies Mentioned

  • Afterpay
  • PayPal Holdings, Inc.
  • Affirm, Inc.
  • Klarna Inc.
  • Splitit
  • Sezzle
  • Perpay Inc.
  • Openpay
  • Quadpay, Inc.
  • LatitudePay

This report on global buy now pay later market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape.

The report presents a clear picture of the global buy now pay later market by segmenting the market based on channel, enterprise size, end use and region.

Also, detailed profiles of companies operating in the buy now pay later market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Dynamics

Drivers

  • Absence of interest fees charged by BNPL platforms
  • Increased among millennials and Gen Z customers
  • Implementation of favourable government policies

Challenges

  • High late fees charged by buy now pay later service providers
  • Costly technology and specialized tools

Historical & Forecast Period

  • Base Year: 2022
  • Historical Period: 2018-2022
  • Forecast Period: 2023-2030

MarketSegmentation

by Channel

  • Online
  • POS

by Enterprise Size

  • Large Enterprises
  • Small and Medium Enterprises

by End User

  • Consumer Electronics
  • Fashion & Garment
  • Healthcare
  • Leisure and Entertainment
  • Retail
  • Others

by Region

  • Europe
  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Rest of Asia Pacific
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America
  • Middle East & Africa
  • Saudi Arabia
  • Turkey
  • Iran
  • Rest of Middle East & Africa

For more information about this report visit https://www.researchandmarkets.com/r/uitgjf

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