DUBLIN, February 14, 2024 (GLOBE NEWSWIRE) — “Belgium Buy Now Pay Later Business and Investment Opportunities Data Book – BNPL Market Size, End-Use Sector, Market Share, Product Analysis, Business Model, Population Added “More than 75 KPIs on dynamics – Q1 2024 Update” report ResearchAndMarkets.com Recruitment.
BNPL payments are expected to grow by 16.2% annually, reaching USD 4 billion in 2024.
The medium- to long-term growth story of the country’s BNPL industry remains strong. The adoption of BNPL payments is expected to increase steadily during the forecast period, registering a CAGR of 10.8% between 2024 and 2029. The country’s BNPL gross merchandise value is expected to reach USD 6.7 billion by 2029, up from USD 3.44 billion in 2023.
The Belgian BNPL payments industry has recorded significant growth over the past four quarters, supported by the increasing penetration of e-commerce. This report provides a detailed data-centric analysis of the Buy Now Pay Later (BNPL) industry, covering market opportunities and risks across various retail categories. The report includes 75+ KPIs at the country level to provide a comprehensive understanding of BNPL market dynamics, market size and forecast, and market share statistics.
Segment the market opportunity by type of business model, sales channel (offline and online), and distribution model. Additionally, it provides a snapshot of consumer behavior and retail spending dynamics. KPIs, both monetary and quantitative, help provide a deep understanding of end market dynamics.
Reasons to buy
- Get a comprehensive understanding of buy now, pay later market dynamics. Identify market opportunities, key trends, and forecasts (2020-2029). To stay ahead of the curve, understand market trends through key KPIs such as total product value, volume, and average value per transaction.
- Insights by End-Use Sector: Evaluate emerging opportunities across multiple end-use sectors and obtain market dynamics by end-use sector to quickly understand the latest and upcoming developments in the BNPL market.
- Market-specific strategies: A unique combination of quantitative forecasting and innovative insights to identify growth segments with a focus on specific opportunities, analyze market-specific risks and key trends in the BNPL sector.
- Gain knowledge about consumer attitudes and behavior: This report uses data from proprietary research to identify key buy now, pay later trends, including spending by age, gender, and income level. Identify and interpret KPIs.
- Develop proactive and profitable business strategies through market intelligence and forward-looking analysis of BNPL market spending and key opportunities in Belgium.
Key attributes:
| report attributes | detail |
| number of pages | 88 |
| Forecast period | 2024-2029 |
| Estimated market value in 2024 (USD) | 4 billion dollars |
| Projected market value to 2029 (USD) | $6.7 billion |
| compound annual growth rate | 10.8% |
| Target area | Belgium |
range
Belgium BNPL Market Size and Spending Patterns, 2020-2029
- Trend analysis of gross merchandise value
- Trend analysis of average value per transaction
- Transaction volume trend analysis
Belgium Buy Now Pay Later Revenue Analysis, 2020-2029
- Buy now, pay later earnings
- Buy Now Pay Later Share by Revenue Segment
- Earn money from buy now, pay later seller fees
- Buy now Pay later Revenue from missed payments Commission revenue
- Buy now, pay later Pay now earnings and other income
Belgium Buy Now Pay Later Operational KPIs and Statistics, 2020-2029
- Buy now, pay later Active consumer base
- Buy now, pay later bad debts
Belgian BNPL by purpose, 2020-2029
- Convenience – short term loans
- Credit – long term loan
Belgium BNPL by business model, 2020-2029
- Bilateral (BNPL provided by retailer)
- Three-party BNPL service
Belgium BNPL (by merchant ecosystem), 2020-2029
- open loop system
- closed loop system
Belgian BNPL by distribution model analysis, 2020-2029
- standalone
- Banks and payment service providers
- market place
Belgium BNPL analysis by channel, 2020-2029
- online channel
- POS channel
Belgium Buy now, pay later in retail shopping: market size and forecast, 2020-2029
- Trend analysis of gross merchandise value
- Trend analysis of average value per transaction
- Transaction volume trend analysis
Belgium Buy now, pay later home renovations: market size and forecast, 2020-2029
- Trend analysis of gross merchandise value
- Trend analysis of average value per transaction
- Transaction volume trend analysis
Belgium Buy now, pay later: market size and forecast, 2020-2029
- Trend analysis of gross merchandise value
- Trend analysis of average value per transaction
- Transaction volume trend analysis
Belgium Media and Entertainment Buy Now, Pay Later: Market Size and Forecast, 2020-2029
- Trend analysis of gross merchandise value
- Trend analysis of average value per transaction
- Transaction volume trend analysis
Belgium Buy now, pay later services: market size and forecast, 2020-2029
- Trend analysis of gross merchandise value
- Trend analysis of average value per transaction
- Transaction volume trend analysis
Belgium Automotive Industry Buy Now, Pay Later: Market Size and Forecast, 2020-2029
- Trend analysis of gross merchandise value
- Trend analysis of average value per transaction
- Transaction volume trend analysis
Belgium Healthcare and Wellness Buy Now, Pay Later: Market Size and Forecast, 2020-2029
- Trend analysis of gross merchandise value
- Trend analysis of average value per transaction
- Transaction volume trend analysis
Belgium Buy now, pay later in the rest of the world: market size and forecast
- Trend analysis of gross merchandise value
- Trend analysis of average value per transaction
- Transaction volume trend analysis
Belgium Buy Now, Pay Later Analysis of Consumer Attitudes and Behaviors
- Sales increase by product category
- Share by age group
- Share by income
- Share by gender
- Basis for adoption
- Average monthly cost segment
For more information about this report, please visit https://www.researchandmarkets.com/r/515yyw.
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source of international market research reports and market data. We provide the latest data on international and regional markets, key industries, top companies, new products and latest trends.
-
Belgium’s “buy now, pay later” market