Saudi Arabia Buy Now Pay Later Business Report 2023: A $2.7 Billion Market by 2028 - 75+ KPIs on Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics

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Oct 23, 2023, 06:45 ET

DUBLIN, Oct. 23, 2023 /PRNewswire/ -- The "Saudi Arabia 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 Saudi Arabia are expected to grow by 21.7% on an annual basis to reach US$1.4 billion in 2023.

Medium to long term growth story of BNPL industry in Saudi Arabia remains strong. BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 13.1% during 2023-2028. The BNPL Gross Merchandise Value in the Saudi Arabia will increase from US$1.2 billion in 2022 to reach US$2.7 billion by 2028.

The Buy Now Pay Later (BNPL) payment sector in Saudi Arabia has experienced robust growth in the past four quarters, bolstered by the increasing prevalence of ecommerce.

This report offers a comprehensive data-centric analysis of the BNPL industry, delving into market opportunities and potential risks spanning various retail categories. Boasting an extensive repertoire of over 75 key performance indicators (KPIs) customized to the country's specific context, this report delivers an exhaustive understanding of the BNPL market's dynamics. It encompasses critical aspects such as market size, forecasts, and statistics regarding market share.

The report further dissects these opportunities by categorizing them based on the type of business model, sales channels (offline and online), and distribution models. Additionally, it provides a snapshot of consumer behavior and the dynamics of retail spending in Saudi Arabia. The KPIs, presented in both value and volume terms, facilitate a nuanced comprehension of the dynamics operative in 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 view of emerging business and investment opportunities in the 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 Saudi Arabia.

Scope

Saudi Arabia Buy Now Pay Later Market Share Analysis by Key Players

tamara
Spotti
Tabby
Postpay
Cashew Payments

Saudi Arabia BNPL Market Size and Spending Pattern, 2019-2028

Gross Merchandise Value Trend Analysis
Average Value Per Transaction Trend Analysis
Transaction Volume Trend Analysis

Saudi Arabia 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

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

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

Saudi Arabia BNPL by Purpose, 2019-2028

Convenience - Short Term Loans
Credit - Long Term Loans

Saudi Arabia BNPL by Business Model, 2019-2028

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

Saudi Arabia BNPL by Merchant Ecosystem, 2019-2028

Open Loop System
Closed Loop System

Saudi Arabia BNPL by Distribution Model Analysis, 2019-2028

Standalone
Banks & Payment Service Providers
Marketplaces

Saudi Arabia BNPL Analysis by Channel, 2019-2028

Online Channel
POS Channel

Saudi Arabia 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

Saudi Arabia 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

Saudi Arabia 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

Saudi Arabia 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

Saudi Arabia 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

Saudi Arabia 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

Saudi Arabia 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

Saudi Arabia 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/m8koyv

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