ResearchAndMarkets.com, the world’s largest market research store, has just launched a handbook entitled the “Philippines 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 – Q1 2023 Update”, which provides a detailed data centric analysis of the BNPL industry in the Philippines while also covering the market opportunities and risks across a wide range of retail categories.
According to the handbook, BNPL payments in the Philippines are expected to grow by 22.5% on an annual basis to reach US$1,917.7 million in 2023.
The BNPL payment industry in the Philippines has also recorded strong growth over the last four quarters, as it had ably been supported by increased e-commerce penetration.
Growth story of the BNPL industry in PH remains strong
According to the report, BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 12.4% during 2023-2028. The BNPL Gross Merchandise Value in the country will also increase from US$1,566.0 million in 2022 to reach US$3,447.7 million by 2028.
With over 75 KPIs at the country level, this report provides a comprehensive understanding of BNPL market dynamics, market size and forecast, and market share statistics.
It breaks down market opportunities by type of business model, sales channels (offline and online), and distribution models. In addition, it provides a snapshot of consumer behavior, and the dynamics of retail spending in the Philippines.
KPIs in both value and volume term help in getting an in-depth understanding of end market dynamics.
The research methodology is also based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view of emerging business and investment market opportunities.
Reasons to buy the handbook
- 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 analyze 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 the Philippines.
The handbook’s scope of coverage
1. The Philippines’ Buy Now Pay Later Market Share Analysis by Key Players
- TendoPay
- Cashalo
- BillEase
- Grab Pay Later
- UnaPay
- Plentina
- Zip
- Spotti
2. The Philippines’ BNPL Market Size and Spending Pattern, 2019-2028
- Gross Merchandise Value Trend Analysis
- Average Value Per Transaction Trend Analysis
- Transaction Volume Trend Analysis
3. The Philippines’ 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
4. The Philippines’ Buy Now Pay Later Operational KPIs & Statistics, 2019-2028
- Buy Now Pay Later Active Consumer Base
- Buy Now Pay Later Bad Debt
5. The Philippines BNPL by Purpose, 2019-2028
- Convenience – Short-term Loans
- Credit – Loan Term Loans
6. The Philippines’ BNPL by Business Model, 2019-2028
- Two-Party (BNPL offered by retailers)
- Three-Party BNPL Offering
7, The Philippines’ BNPL by Merchant Ecosystem, 2019-2028
- Open Loop System
- Closed Loop System
8. The Philippines‘ BNPL by Distribution Model Analysis, 2019-2028
- Standalone
- Banks & Payment Service Providers
- Marketplaces
9. The Philippines’ BNPL Analysis by Channel, 2019-2028
- Online Channel
- POS Channel
10. The Philippines’ 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
11. The Philippines’ 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
12. The Philippines’ 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
13. The Philippines’ 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
14. The Philippines’ 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
15. The Philippines’ BNPL 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
16. The Philippines’ 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
17. The Philippines’ Buy Now Pay Later Analysis by Consumer Attitude and Behavior
- Sales Uplift by Product Category
- Share by Age Group
- Share by Income
- Share by Gender
- Adoption Rationale
For more information about the book, check out https://www.researchandmarkets.com/r/rifx8r-buy?w=5