Skip to content


Previous article
Now Reading:
Exploding BNPL Market: Trends & Forecasts to 2029

Exploding BNPL Market: Trends & Forecasts to 2029

The "Global B2C Buy Now Pay Later Market Intelligence Databook Subscription - Q1 2024" report highlights the explosive growth of the Buy Now Pay Later (BNPL) industry, forecasting a rise from US$543.8 billion in 2023 to US$1,088.3 billion by 2029, with a compound annual growth rate (CAGR) of 11.4% from 2024 to 2029. The report indicates a growing adoption of BNPL services across various regions due to factors such as the unbanked population in Latin America and Africa, inflation in Europe, and the cost of living crisis prompting more consumers to opt for flexible payment solutions. Strategic partnerships are becoming a norm in the industry, with firms like Klarna and Zip Co. expanding their reach. New players, including Google Pay, are piloting BNPL services to meet rising consumer demand. Regulatory activities are also increasing, with central banks in the Middle East imposing new regulations, and states like New York considering licensing requirements for BNPL providers. The databook provides extensive analysis of market dynamics, consumer behavior, and key performance indicators (KPIs) across a range of retail categories and countries.

Read the full article here.



Your cart is currently empty.

Start Shopping

Select options