Indonesia Buy Now Pay Later Business Report 2023: BNPL Payments are Expected to Grow by 20.6% to Reach .4 Billion this Year – Market Forecast to 2028

Indonesia Buy Now Pay Later Business Report 2023: BNPL Payments are Expected to Grow by 20.6% to Reach $4.4 Billion this Year – Market Forecast to 2028

DUBLIN , Nov. 17, 2023 /PRNewswire/ — The “Indonesia Buy Now Pay Later Business and Investment Opportunities Databook – 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics – Q2 2023 Update” report has been added to  ResearchAndMarkets.com’s offering.

BNPL payments in Indonesia are expected to grow by 20.6% on an annual basis to reach US$4.4 billion in 2023.

Medium to long term growth story of BNPL industry in Indonesia remains strong. BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 12.6% during 2023-2028. The BNPL Gross Merchandise Value in the Indonesia will increase from US$3.7 billion in 2022 to reach US$8.0 billion by 2028.

The BNPL payment industry in Indonesia has recorded strong growth over the last four quarters, supported by increased ecommerce penetration. This report provides a detailed data centric analysis of Buy Now Pay Later (BNPL) industry, covering market opportunities and risks across a range of retail categories.

With over 75 KPIs at country level, this report provides a comprehensive understanding of BNPL market dynamics, market size and forecast, and market share statistics. It breaks down market opportunity by type of business model, sales channels (offline and online), and distribution models.

In addition, it provides a snapshot of consumer behaviour and retail spend dynamics in Indonesia. KPIs in both value and volume term help in getting in-depth understanding of end market dynamics.

Reasons to buy

Get a comprehensive understanding of market dynamics for Buy Now Pay Later: Identify market opportunities, major trends, and forecasting (2019-2028). Understand market trends through crucial KPIs like Gross Merchandise Value, Volume, and Average Value per Transaction, to stay ahead of the curve.Insights by end-use sectors: Evaluate new opportunities across multiple end-use sectors, and obtain market dynamics by end-use sectors in order to swiftly catch up with the latest and upcoming developments in BNPL markets.Market-specific strategies: Identify growth segments focused on specific opportunities, and analysing market-specific risks and important trends in the BNPL sector with our exclusive blend of quantitative forecasting and innovative insights.Gain knowledge of consumer attitudes and actions: This report identifies and interprets important Buy Now Pay Later KPIs, such as spend by age, gender, and income level, using data from a proprietary survey.Develop proactive and lucrative business strategies through market intelligence and forward-looking analysis of BNPL market spend and major opportunities in Indonesia.

Scope

Indonesia Buy Now Pay Later Market Share Analysis by Key Players

KredivoAtomeAkulakuSplititShopeeHome CreditGoJek PaylaterIndodana PayLaterAfterPayGoPayLater

Indonesia BNPL Market Size and Spending Pattern, 2019-2028

Gross Merchandise Value Trend AnalysisAverage Value Per Transaction Trend AnalysisTransaction Volume Trend Analysis

Indonesia Buy Now Pay Later Revenue Analysis, 2019-2028

Buy Now Pay Later RevenuesBuy Now Pay Later Share by Revenue SegmentsBuy Now Pay Later Revenue by Merchant CommissionBuy Now Pay Later Revenue by Missed Payment Fee RevenueBuy Now Pay Later Revenue by Pay Now & Other Income

Indonesia Buy Now Pay Later Operational KPIs & Statistics, 2019-2028

Buy Now Pay Later Active Consumer BaseBuy Now Pay Later Bad Debt

Indonesia BNPL by Purpose, 2019-2028

Convenience – Short Term LoansCredit – Long Term Loans

Indonesia BNPL by Business Model, 2019-2028

Two-Party (BNPL offered by retailers)Three-Party BNPL Offering

Indonesia BNPL by Merchant Ecosystem, 2019-2028

Open Loop SystemClosed Loop System

Indonesia BNPL by Distribution Model Analysis, 2019-2028

StandaloneBanks & Payment Service ProvidersMarketplaces

Indonesia BNPL Analysis by Channel, 2019-2028

Online ChannelPOS Channel

Indonesia Buy Now Pay Later in Retail Shopping: Market Size and Forecast, 2019-2028

Gross Merchandise Value Trend AnalysisAverage Value Per Transaction Trend AnalysisTransaction Volume Trend Analysis

Indonesia Buy Now Pay Later in Home Improvement: Market Size and Forecast, 2019-2028

Gross Merchandise Value Trend AnalysisAverage Value Per Transaction Trend AnalysisTransaction Volume Trend Analysis

Indonesia Buy Now Pay Later in Travel/Entertainment: Market Size and Forecast, 2019-2028

Gross Merchandise Value Trend AnalysisAverage Value per Transaction Trend AnalysisTransaction Volume Trend Analysis

Indonesia Buy Now Pay Later in Services: Market Size and Forecast, 2019-2028

Gross Merchandise Value Trend AnalysisAverage Value Per Transaction Trend AnalysisTransaction Volume Trend Analysis

Indonesia Buy Now Pay Later in Automotive: Market Size and Forecast, 2019-2028

Gross Merchandise Value Trend AnalysisAverage Value Per Transaction Trend AnalysisTransaction Volume Trend Analysis

Indonesia Buy Now Pay Later in Healthcare and Wellness: Market Size and Forecast, 2019-2028

Gross Merchandise Value Trend AnalysisAverage Value Per Transaction Trend AnalysisTransaction Volume Trend Analysis

Indonesia Buy Now Pay Later in Groceries: Market Size and Forecast

Gross Merchandise Value Trend AnalysisAverage Value Per Transaction Trend AnalysisTransaction Volume Trend Analysis

Indonesia Buy Now Pay Later Analysis by Consumer Attitude and Behaviour

Sales Uplift by Product CategoryShare by Age GroupShare by IncomeShare by GenderAdoption Rationale

For more information about this report visit https://www.researchandmarkets.com/r/xs6gfh

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected] 

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/indonesia-buy-now-pay-later-business-report-2023-bnpl-payments-are-expected-to-grow-by-20-6-to-reach-4-4-billion-this-year—market-forecast-to-2028–301992079.html

SOURCE Research and Markets