“ResearchAndMarkets.com is excited to announce the release of the “Colombia 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 2024 Update” report. The report projects a 39.6% annual growth in BNPL payments in Colombia, reaching US$1.63 billion by 2024. This optimistic growth story is expected to continue, with a steady increase over the forecast period, recording a CAGR of 26.9% during 2024-2029. The BNPL gross merchandise value in Colombia is estimated to rise from US$1.17 billion in 2023 to US$5.37 billion by 2029.
Reported to have recorded strong growth over the last four quarters, the BNPL payment industry in Colombia is supported by increased e-commerce penetration. The report provides comprehensive, detailed data-centric analysis, covering market opportunities and risks across various retail categories, and it is expected to offer vital insights for businesses looking to thrive in the competitive landscape. ResearchAndMarkets.com’s report is packed with over 75 KPIs at the country level, which is a great resource for getting up to speed with BNPL market dynamics, market size and forecast, and market share statistics.
The scope of the report covers Colombia’s BNPL Market Size and Spending Pattern, Revenue Analysis, Operational KPIs & Statistics, BNPL by Purpose, Business Model, Merchant Ecosystem, Distribution Model Analysis, Channel Analysis, as well as market sizes and forecasts for various categories such as Retail Shopping, Home Improvement, Travel, Media and Entertainment, Services, Automotive, Healthcare and Wellness, and Others. For anyone interested in understanding the Colombia BNPL market, this data will be a goldmine for valuable market insights.
For those looking to develop proactive and lucrative business strategies, the report offers insights on market intelligence and forward-looking analysis of BNPL market spend and major opportunities in Colombia. Comprehensive market dynamics for Buy Now Pay Later will become apparent, recognizing major trends to guide market strategies and stay ahead of the curve.
If your goal is to stay current with the latest and upcoming developments in BNPL markets across multiple end-use sectors, the report is a robust resource. It evaluates new opportunities across sectors, and obtains market dynamics by end-use sectors, bridging the gap between your business strategies and the market’s potential. Moreover, it provides multiple market-specific strategies focused on specific opportunities, and analyses market-specific risks and important trends in the BNPL sector with a blend of quantitative forecasting and innovative insights.
The report further identifies and interprets important Buy Now Pay Later KPIs, such as spend by age, gender, and income level through data from a proprietary survey. These insights will present you with valuable knowledge for consumer attitudes and actions, which will support the execution of essential business strategies across the Colombian BNPL market.
For more information and to obtain crucial market data, the report can be found at [https://www.researchandmarkets.com/r/vp6sf1][3].
As a world-leading source for international market research reports and market data, ResearchAndMarkets.com continues to provide the latest data on international and regional markets, key industries, top companies, new products, and the latest trends. The senior manager Laura Wood can be reached via [email protected]
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