Asia Pacific Buy Now, Pay Later Business Market Insights to 2028 – Players Include Payright, Alipay, Tencent and JD Baitio – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Asia Pacific Buy Now Pay Later Business and Investment Opportunities – 75+ KPIs on Buy Now Pay Later Trends by End-Use Sectors, Operational KPIs, Market Share, Retail Product Dynamics, and Consumer Demographics – Q3 2022 Update”- Report has been added ResearchAndMarkets.com Offer.

The Asia-Pacific BNPL payments industry has enjoyed strong growth over the past four quarters, supported by increasing e-commerce penetration as well as the impact of economic slowdown due to disruptions from the Covid-19 outbreak.

According to the publisher, BNPL payments in the region are projected to grow 45.3% annually and reach $201.9 billion in 2022.

The mid- to long-term growth story of the Asia-Pacific BNPL industry remains strong. The acceptance of BNPL payments is expected to increase steadily over the forecast period, registering a CAGR of 25.3% between 2022 and 2028. The gross merchandise value of BNPL in the region will increase to US$782.9 billion in 2028 from US$139.0 billion in 2021.

The Asia Pacific Buy Now, Pay Later (BNPL) market has seen strong growth for the past four to six quarters. The best BNPL companies in the world are based in Asia. Singapore, Indonesia, Malaysia, Australia, India and China all saw high demand for BNPL payment methods.

Australian consumers are among the early adopters of the Buy Now Pay Later (BNPL) payment method worldwide. The explosive popularity of the BNPL payment method during the onset of the global pandemic has seen many traditional financial services firms, including banks, quickly enter the BNPL space, despite initial reluctance, either partnering with established BNPL providers or launching theirs deferred payment service and skepticism towards these payment modalities.

Recent moves by BNPL providers like Afterpay also show where the next phase of growth of the BNPL industry could come from. The Australia-based company that acquired Square is breaking into the physical retail segment by integrating the BNPL payment method with Square’s in-store point-of-sale solutions.

BNPL providers are expanding their services into new product categories to drive growth in the face of increasing competition

Amid growing competition in Australia’s BNPL industry, companies are expanding their services into new product categories to resonate with consumers and drive growth.

The publisher expects the trend to continue to strengthen as players look to expand their services into more product categories amid growing competition in Australia’s BNPL market.

This title is a bundled offering that combines the following 12 reports:

1. Asia Pacific Buy now, pay later Insight Brief

2. Asia Pacific Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook

3. Australia Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook

4. China Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook

5. India Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook

6. Indonesia Buy Now Pay Later Business & Investment Opportunities (2019-2028) Databook

7. Japan Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook

8. Malaysia Buy Now Pay Later Business & Investment Opportunities (2019-2028) Databook

9. Philippines Buy Now Pay Later Business & Investment Opportunities (2019-2028) Databook

10. Singapore Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook

11. South Korea Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook

12. Thailand Buy Now Pay Later Business & Investment Opportunities (2019-2028) Databook

scope

Country reports in this bundled offering provide in-depth analysis of the Buy Now, Pay Later industry. Below is a summary of the key market segments:

BNPL market size and spending pattern

  • Gross merchandise value trend analysis

  • Trend analysis of average value per transaction

  • Trend analysis of transaction volume

Buy now, pay later Operational KPIs

  • Buy now, pay later, revenue, 2019-2028

  • Buy now, pay later Share by revenue segment

  • Buy Now, Pay Later Dealer Commission, 2019-2028

  • Buy now, pay later fee income for missed payments, 2019-2028

  • Buy Now, Pay Later, Pay Now and Other Earnings, 2019 – 2028

  • Buy Now Pay Later Accounts, 2019-2028

Buy Now, Pay Later Market share analysis by key players

Buy Now, Pay Later Spend Analysis by Channel: Market Size and Forecast

  • online channel

  • POS channel

Buy now, pay later retail: market size and forecast

  • Gross merchandise value trend analysis

  • Trend analysis of average value per transaction

  • Trend analysis of transaction volume

Buy now, pay later in home improvement: market size and forecast

  • Gross merchandise value trend analysis

  • Trend analysis of average value per transaction

  • Trend analysis of transaction volume

Buy Now, Pay Later in Leisure & Entertainment: Market Size and Forecast

  • Gross merchandise value trend analysis

  • Trend analysis of average value per transaction

  • Trend analysis of transaction volume

Buy now, pay later in healthcare and wellness: market size and forecast

  • Gross merchandise value trend analysis

  • Trend analysis of average value per transaction

  • Trend analysis of transaction volume

Buy Now, Pay Later in Other: Market Size and Forecast

  • Gross merchandise value trend analysis

  • Trend analysis of average value per transaction

  • Trend analysis of transaction volume

companies mentioned

  • zippay

  • Hm

  • OpenPay

  • wage law

  • Alipay

  • Tencent

  • JD Baitio

  • meituan

  • Easy

  • PineLabs

  • Zest money

  • Paytm

  • Lazypay

  • Akulaku

  • Credit

  • atom

  • Share it

  • GoJek Paylater

  • atom

  • hoola

  • To grab

  • Pine Labs All Tap

  • pay later

  • TendoPay

  • Cashalo

  • BillEase

  • Plentina

  • zipper

  • trust

  • Splits

  • Pay Naver

  • Pay for cocoa

  • pay coupang

  • Count on paying later

  • Shopee PayLater

  • Zilingo

  • PowerBuy

  • Pacepay

For more information about this report, visit https://www.researchandmarkets.com/r/g7gx1x

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