DUBLIN, Feb. 16, 2024 /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 – Q1 2024 Update” report has been added to ResearchAndMarkets.com’s offering.
BNPL payments are expected to grow by 39.6% on an annual basis to reach US$1.63 billion in 2024.
The medium to long-term growth story of the BNPL industry in the country remains strong. BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 26.9% during 2024-2029. The BNPL gross merchandise value in the country will increase from US$1.17 billion in 2023 to reach US$5.37 billion by 2029.
The BNPL payment industry in Colombia has recorded strong growth over the last four quarters, supported by increased e-commerce penetration.
This report provides a detailed data-centric analysis of the Buy Now Pay Later (BNPL) industry, covering market opportunities and risks across a range of retail categories. With over 75 KPIs at the country level, this report provides a comprehensive understanding of BNPL market dynamics, market size and forecast, and market share statistics.
It breaks down market opportunities by type of business model, sales channels (offline and online), and distribution models. In addition, it provides a snapshot of consumer behaviour and retail spending dynamics. KPIs in both value and volume terms help in getting an 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 (2020-2029). 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 BNPL Market Size and Spending Pattern, 2020-2029
Gross Merchandise Value Trend Analysis
Average Value Per Transaction Trend Analysis
Transaction Volume Trend Analysis
Colombia Buy Now Pay Later Revenue Analysis, 2020-2029
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
Colombia Buy Now Pay Later Operational KPIs & Statistics, 2020-2029
Buy Now Pay Later Active Consumer Base
Buy Now Pay Later Bad Debt
Colombia BNPL by Purpose, 2020-2029
Convenience – Short Term Loans
Credit – Long Term Loans
Colombia BNPL by Business Model, 2020-2029
Two-Party (BNPL offered by retailers)
Three-Party BNPL Offering
Colombia BNPL by Merchant Ecosystem, 2020-2029
Open Loop System
Closed Loop System
Colombia BNPL by Distribution Model Analysis, 2020-2029
Standalone
Banks & Payment Service Providers
Marketplaces
Colombia BNPL Analysis by Channel, 2020-2029
Online Channel
POS Channel
Colombia Buy Now Pay Later in Retail Shopping: Market Size and Forecast, 2020-2029
Gross Merchandise Value Trend Analysis
Average Value Per Transaction Trend Analysis
Transaction Volume Trend Analysis
Colombia Buy Now Pay Later in Home Improvement: Market Size and Forecast, 2020-2029
Gross Merchandise Value Trend Analysis
Average Value Per Transaction Trend Analysis
Transaction Volume Trend Analysis
Colombia Buy Now Pay Later in Travel: Market Size and Forecast, 2020-2029
Gross Merchandise Value Trend Analysis
Average Value per Transaction Trend Analysis
Transaction Volume Trend Analysis
Colombia Buy Now Pay Later in Media and Entertainment: Market Size and Forecast, 2020-2029
Gross Merchandise Value Trend Analysis
Average Value per Transaction Trend Analysis
Transaction Volume Trend Analysis
Colombia Buy Now Pay Later in Services: Market Size and Forecast, 2020-2029
Gross Merchandise Value Trend Analysis
Average Value Per Transaction Trend Analysis
Transaction Volume Trend Analysis
Colombia Buy Now Pay Later in Automotive: Market Size and Forecast, 2020-2029
Gross Merchandise Value Trend Analysis
Average Value Per Transaction Trend Analysis
Transaction Volume Trend Analysis
Colombia Buy Now Pay Later in Healthcare and Wellness: Market Size and Forecast, 2020-2029
Gross Merchandise Value Trend Analysis
Average Value Per Transaction Trend Analysis
Transaction Volume Trend Analysis
Colombia Buy Now Pay Later in Others: Market Size and Forecast
Gross Merchandise Value Trend Analysis
Average Value Per Transaction Trend Analysis
Transaction Volume Trend Analysis
Colombia 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
Average Monthly Expense segments
For more information about this report visit https://www.researchandmarkets.com/r/vp6sf1
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