DUBLIN–(BUSINESS WIRE)–The “South Korea 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 South Korea are expected to grow by 20.9% on an annual basis to reach US$12.4 billion in 2023.
Medium to long term growth story of BNPL industry in South Korea remains strong. BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 12.6% during 2023-2028. The BNPL Gross Merchandise Value in the South Korea will increase from US$10.3 billion in 2022 to reach US$22.5 billion by 2028.
The Buy Now Pay Later (BNPL) payment sector in South Korea has demonstrated robust growth in the past four quarters, driven by the increasing penetration of ecommerce. This report offers an in-depth, data-centric analysis of the BNPL industry, shedding light on both its promising opportunities and potential risks across various retail categories.
Featuring a wealth of over 75 key performance indicators (KPIs) tailored to the country’s specific landscape, this report provides a comprehensive grasp of the dynamics within the BNPL market. It covers essential aspects such as market size, forecasts, and statistics on market share.
The report further dissects the market’s opportunities, delineating them by business model, sales channels (offline and online), and distribution models. Additionally, it offers a snapshot of consumer behavior and the spending patterns prevalent in South Korea. The KPIs, furnished in both value and volume terms, provide a nuanced understanding of the dynamics at play in the end market.
The research methodology adheres to industry best practices, delivering an impartial analysis that capitalizes on a proprietary analytics platform. This approach furnishes a comprehensive perspective on emerging prospects for business and investment in the market.
Reasons to buy
Scope
South Korea Buy Now Pay Later Market Share Analysis by Key Players
South Korea BNPL Market Size and Spending Pattern, 2019-2028
South Korea Buy Now Pay Later Revenue Analysis, 2019-2028
South Korea Buy Now Pay Later Operational KPIs & Statistics, 2019-2028
South Korea BNPL by Purpose, 2019-2028
South Korea BNPL by Business Model, 2019-2028
South Korea BNPL by Merchant Ecosystem, 2019-2028
South Korea BNPL by Distribution Model Analysis, 2019-2028
South Korea BNPL Analysis by Channel, 2019-2028
South Korea Buy Now Pay Later in Retail Shopping: Market Size and Forecast, 2019-2028
South Korea Buy Now Pay Later in Home Improvement: Market Size and Forecast, 2019-2028
South Korea Buy Now Pay Later in Travel/Entertainment: Market Size and Forecast, 2019-2028
South Korea Buy Now Pay Later in Services: Market Size and Forecast, 2019-2028
South Korea Buy Now Pay Later in Automotive: Market Size and Forecast, 2019-2028
South Korea Buy Now Pay Later in Healthcare and Wellness: Market Size and Forecast, 2019-2028
South Korea Buy Now Pay Later in Groceries: Market Size and Forecast
South Korea Buy Now Pay Later Analysis by Consumer Attitude and Behaviour
For more information about this report visit https://www.researchandmarkets.com/r/yf5cty
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