Colombia Buy Now Pay Later Business Report 2023: BNPL Gross Merchandise Value will Increase from $800 million in 2022 to Reach $4.4 Billion by 2028

DUBLIN, Nov. 24, 2023 /PRNewswire/ — The “Colombia 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 the Colombia are expected to grow by 52.2% on an annual basis to reach US$1.2 billion in 2023.

Medium to long term growth story of BNPL industry in Colombia remains strong. BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 30.1% during 2023-2028. The BNPL Gross Merchandise Value in the Colombia will increase from US$.8 billion in 2022 to reach US$4.4 billion by 2028.

The BNPL payment industry in Colombia 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 Colombia 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 Colombia. KPIs in both value and volume term help in getting in-depth understanding of end market dynamics.

The research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view on emerging business and investment market opportunities.

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 Colombia.

Scope

Colombia Buy Now Pay Later Market Share Analysis by Key Players

Addi

Colombia BNPL Market Size and Spending Pattern, 2019-2028

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

Colombia 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

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

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

Colombia BNPL by Purpose, 2019-2028

Convenience – Short Term LoansCredit – Long Term Loans

Colombia BNPL by Business Model, 2019-2028

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

Colombia BNPL by Merchant Ecosystem, 2019-2028

Open Loop SystemClosed Loop System

Colombia BNPL by Distribution Model Analysis, 2019-2028

StandaloneBanks & Payment Service ProvidersMarketplaces

Colombia BNPL Analysis by Channel, 2019-2028

Online ChannelPOS Channel

Colombia 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

Colombia 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

Colombia 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

Colombia 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

Colombia 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

Colombia 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

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

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

Colombia 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/9liidk

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