DUBLIN, Oct. 24, 2023 /PRNewswire/ — The “Belgium 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 Belgium are expected to grow by 20.2% on an annual basis to reach US$3.4 billion in 2023.
The Buy Now Pay Later (BNPL) payment industry in Belgium has witnessed robust growth over the past four quarters, driven by the expanding footprint of ecommerce.
Medium to long term growth story of BNPL industry in Belgium remains strong. BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 12.2% during 2023-2028. The BNPL Gross Merchandise Value in the Belgium will increase from US$2.9 billion in 2022 to reach US$6.1 billion by 2028.
This comprehensive report offers a data-centric analysis of the BNPL industry in Belgium, delving into market opportunities and potential risks spanning various retail categories. With an extensive collection of over 75 key performance indicators (KPIs) tailored to Belgium’s context, this report equips readers with a thorough grasp of the dynamics within the BNPL market. It provides critical insights into market size, forecasts, and statistics, including market share data.
Furthermore, the report dissects these opportunities by categorizing them based on business model types, sales channels (both offline and online), and distribution models. It also offers a glimpse into consumer behavior and the intricacies of retail spending in Belgium. The KPIs are articulated in terms of both value and volume, facilitating a profound understanding of the nuances characterizing the end market.
The research methodology adheres to industry best practices, ensuring an impartial analysis facilitated by a proprietary analytics platform. This approach provides a comprehensive perspective on emerging business and investment prospects within the Belgian BNPL market.
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 Belgium.
Scope
Belgium Buy Now Pay Later Market Share Analysis by Key Players
- Klarna
- Afterpay
- Cofidis
- Scalapay
Belgium BNPL Market Size and Spending Pattern, 2019-2028
- Gross Merchandise Value Trend Analysis
- Average Value Per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Belgium Buy Now Pay Later Revenue Analysis, 2019-2028
- Buy Now Pay Later Revenues
- Buy Now Pay Later Share by Revenue Segments
- Buy Now Pay Later Revenue by Merchant Commission
- Buy Now Pay Later Revenue by Missed Payment Fee Revenue
- Buy Now Pay Later Revenue by Pay Now & Other Income
Belgium Buy Now Pay Later Operational KPIs & Statistics, 2019-2028
- Buy Now Pay Later Active Consumer Base
- Buy Now Pay Later Bad Debt
Belgium BNPL by Purpose, 2019-2028
- Convenience – Short Term Loans
- Credit – Long Term Loans
Belgium BNPL by Business Model, 2019-2028
- Two-Party (BNPL offered by retailers)
- Three-Party BNPL Offering
Belgium BNPL by Merchant Ecosystem, 2019-2028
- Open Loop System
- Closed Loop System
Belgium BNPL by Distribution Model Analysis, 2019-2028
- Standalone
- Banks & Payment Service Providers
- Marketplaces
Belgium BNPL Analysis by Channel, 2019-2028
- Online Channel
- POS Channel
Belgium Buy Now Pay Later in Retail Shopping: Market Size and Forecast, 2019-2028
- Gross Merchandise Value Trend Analysis
- Average Value Per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Belgium Buy Now Pay Later in Home Improvement: Market Size and Forecast, 2019-2028
- Gross Merchandise Value Trend Analysis
- Average Value Per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Belgium Buy Now Pay Later in Travel/Entertainment: Market Size and Forecast, 2019-2028
- Gross Merchandise Value Trend Analysis
- Average Value per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Belgium Buy Now Pay Later in Services: Market Size and Forecast, 2019-2028
- Gross Merchandise Value Trend Analysis
- Average Value Per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Belgium Buy Now Pay Later in Automotive: Market Size and Forecast, 2019-2028
- Gross Merchandise Value Trend Analysis
- Average Value Per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Belgium Buy Now Pay Later in Healthcare and Wellness: Market Size and Forecast, 2019-2028
- Gross Merchandise Value Trend Analysis
- Average Value Per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Belgium Buy Now Pay Later in Groceries: Market Size and Forecast
- Gross Merchandise Value Trend Analysis
- Average Value Per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Belgium Buy Now Pay Later Analysis by Consumer Attitude and Behaviour
- Sales Uplift by Product Category
- Share by Age Group
- Share by Income
- Share by Gender
- Adoption Rationale
For more information about this report visit https://www.researchandmarkets.com/r/48swth
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
SOURCE Research and Markets
