Colombia's “buy now, pay later” market
DUBLIN, April 11, 2024 (GLOBE NEWSWIRE) — “Columbia Buy Now Pay Later Business and Investment Opportunities Data Book – BNPL Market Size, End-Use Sector, Market Share, Product Analysis, Business Model, Population Added 75+ KPIs for Statistics – Q1 2024 Update report ResearchAndMarkets.com Recruitment.
The country's BNPL payment value is expected to increase by 39.6% on an annual basis, reaching USD 1.63 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 26.9% from 2024 to 2029. The country's BNPL gross merchandise value is expected to reach USD 5.37 billion by 2029, up from USD 1.17 billion in 2023.
Colombia's BNPL payments industry has recorded significant growth over the past four quarters, supported by increasing 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 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
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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.
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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.
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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.
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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.
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Develop proactive and profitable business strategies through market intelligence and forward-looking analysis of BNPL market spending and key opportunities in Colombia.
Key attributes:
report attributes |
detail |
number of pages |
88 |
Forecast period |
2024-2029 |
Estimated market value in 2024 (USD) |
$1.6 billion |
Projected market value to 2029 (USD) |
$5.4 billion |
compound annual growth rate |
26.9% |
Target area |
Columbia |
range
Colombia BNPL Market Size and Spending Patterns, 2020-2029
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Trend analysis of gross merchandise value
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Trend analysis of average value per transaction
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Transaction volume trend analysis
Colombia Buy Now Pay Later Revenue Analysis, 2020-2029
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Buy now, pay later earnings
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Buy Now Pay Later Share by Revenue Segment
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Earn money from buy now, pay later seller fees
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Buy now Pay later Revenue from missed payments Commission revenue
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Buy now, pay later Pay now earnings and other income
Colombia Buy Now Pay Later Operational KPIs and Statistics, 2020-2029
Colombian BNPL by purpose, 2020-2029
Colombia BNPL by Business Model, 2020-2029
Colombia BNPL by Merchant Ecosystem, 2020-2029
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open loop system
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closed loop system
Colombia BNPL by distribution model analysis, 2020-2029
Colombia BNPL Analysis by Channel, 2020-2029
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online channel
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POS channel
Colombia Buy Now, Pay Later in Retail Shopping: Market Size and Forecast, 2020-2029
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Trend analysis of gross merchandise value
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Trend analysis of average value per transaction
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Transaction volume trend analysis
Colombia Buy Now, Pay Later for Home Improvement: Market Size and Forecast, 2020-2029
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Trend analysis of gross merchandise value
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Trend analysis of average value per transaction
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Transaction volume trend analysis
Colombia Buy now, pay later on travel: market size and forecast, 2020-2029
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Trend analysis of gross merchandise value
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Trend analysis of average value per transaction
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Transaction volume trend analysis
Buy Now, Pay Later in Columbia Media and Entertainment: Market Size and Forecast, 2020-2029
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Trend analysis of gross merchandise value
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Trend analysis of average value per transaction
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Transaction volume trend analysis
Colombia Buy Now Pay Later: Market Size and Forecast, 2020-2029
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Trend analysis of gross merchandise value
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Trend analysis of average value per transaction
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Transaction volume trend analysis
Colombia Automotive Industry Buy Now, Pay Later: Market Size and Forecast, 2020-2029
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Trend analysis of gross merchandise value
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Trend analysis of average value per transaction
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Transaction volume trend analysis
Columbia Healthcare and Wellness Buy Now, Pay Later: Market Size and Forecast, 2020-2029
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Trend analysis of gross merchandise value
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Trend analysis of average value per transaction
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Transaction volume trend analysis
Colombia Buy now, pay later: market size and forecast
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Trend analysis of gross merchandise value
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Trend analysis of average value per transaction
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Transaction volume trend analysis
Colombia Buy Now, Pay Later Analysis of Consumer Attitudes and Behaviors
For more information about this report, please visit https://www.researchandmarkets.com/r/xxo7w8.
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