Hot topics | Coronavirus pandemic

India Buy Now Pay Later Market Report 2021: BNPL Payments will be expected to grow by 72,7% - Forecast to 2028

India Buy Now Pay Later Market Report 2021: BNPL Payments will be expected to grow by 72,7% - Forecast to 2028

The report "India Buy Now Pay Later Business and Investment Opportunities (2019-2028) - 75+ KPIs on Buy now Pay later Trends by End-Use Sectors, Operational KIPs, Market ResearchAndMarkets.com's Research And Markets site. Offers.

In India, the buy now, pay later (BNPL) flexible payment method initially started with e-commerce marketplaces gradually moved into other industry verticals. In some of the sectors where BNPL providers have a lot of growth, such as food delivery, the travel industry, and online grocery shopping are some examples of some sectors.

The growth of the industry is driving the increase in the purchase capacity offered by BNPL in times of coronavirus pandemic. The rise of India's BNPL segment is based on informal access to credit, but the informal nature of accessing credit is the primary driver for the development of the AP. According to the BNPL survey, the amount of a nPL in the country will grow by 72.7% on annual basis and reach 6327.2 million in 2021.

The digital payment industry is one such segment that experienced tremendous growth in Covid-19. India was well on track to record significant growth in the digital payment industry even before the pandemic. However, the global coronavirus outbreak has dramatically accelerated the shift.

Moreover, the e-commerce sector's strong growth helped startups and fintech giants to establish their footprints in the India space. For example, the pay later service offered by Amazon has more than two million users in India and has been used more by more over 10 million times since its launch in April 2020.

The rising popularity of credit among consumers in India has forced traditional bank players to venture into the BNPL space. For attracting non-credit card users in the country, convention banking players such as ICICI Bank and HDFC Bank have added BNPL product offerings to their existing financial products. In November 2020, ICICI Bank launched a flexible payment solution that lets consumers make online payments.

The long-term growth story of the BNPL industry in India remains strong. The BNPL payment adoption is expected to grow steadily in the forecast period, with a CAGR of 28,9 % during 2021-2028. The Gross Merchandise Value of the BNPL in the country will increase from $3663 in 2020 to $37,440.2 in 2028.

The Scope

India BNPL Market Size and Spending Pattern - India India's neoliberal BMX Market and Indian Spends Pattern (DPP) / Indias National Statistical Association (BNLP)/India

  • Trend Analysis Analysis of the Gross Merchandise Value Trend.
  • Value per transaction-trend Analysis, the average value is the market-to-value basis of the upcoming value.
  • Volume Trend Analysis

India Buy Now Pay Later Market Share Analysis by Key Players Buy Later by Players Identify Key players for India buy Now India Pay a Later market Share Analyse by players. Players Analytical by key Players for Developing Countries

India Buy Now Pay Later Spend Analysis by Channel: Market Size and Forecast: Buy and forecast India buy Now Buy And Pay Now.

  • Online Channel
  • The POS Channel is connected to a ping channel.

India Buy Now Pay Later in Retail Shopping: Market Size and Forecast: Buy and forecast India buy Now Buy Pay Now in India.

  • The Trend Analysis of the Gross Merchandise Value Trend analysis analysis.
  • Average Value per Transaction Trend Analysis Analysis of the average value per transaction Trend.
  • Trends in volume: analysis

India Buy Now Pay Later in Home Improvement: Market Size and Forecast: market Size & Forecast.

  • Brutto-Merchandise - Trend Analysis Analysis of the Gross Sales Value Trend.
  • Values per transaction tends to average by average value per week Analysis of the underlying trend.
  • Volume-wide trend analysis

India Buy Now Pay Later in Leisure & Entertainment: Market Size and Forecast: Mark and forecast: Buy and sell India Now - Pay Now, Pay later in the year...

  • Compared to gross sales, Trends Analysis Analysis of gross Merchandise value Trend Analysis.
  • Compared to the average value of transactions, the analysis of the Trend Analysis of a Average Value and % Analysis Analysis.
  • Volume Trend Analysis

India Buy Now Pay Later in Healthcare and Wellness: Market Size and Forecast: Forecast and Price.

  • An analysis of the gross Merchandise Value Trend Analysis, the Brutto-Merced Value Analysis.
  • Average Value per Transaction Trend Analysis Analysis, Average-Valid Per Transaction Tendance Analysis.
  • Volume data analysis

India Buy Now Pay Later in Education: Market Size and Forecast: market size and forecast.

  • Trending Analysis of Gross Merchandise Value Analysis Analyse of the Gross Average Value of a Inventor Gross Market.
  • A report analyzed the average value for the transaction for analysis.
  • Volume versus volume analysis

India Buy Now Pay Later in Automotive: Market Size and Forecast: market size and forecast. Buy now Pay later in India: Buy and sell: Time and place.

  • Trend Analysis of the Gross Merchandise Value Trend (WAR) Analysis, Trends in Gross and Gross Value Analysis.
  • Average Value Per Transaction Trend Analysis: The average value is calculated based on the average price of each transaction.
  • The volume of the volume is adjusted to the trend.

India Buy Now Pay Later Analysis by Consumer Attitude and Behaviour by India.

  • Pay Now Pay Later Sales Uplift by Product Category.
  • Buy Now Pay Later Spend Share by Age Group Share Buy Today Pay Now Share Share By Age group Share Divide Divide Share - Buy By NowPay Later Share-in-one-day-seat-by-age group.
  • Buy Now Pay Later Gross Merchandise Share by Income.
  • Buy Now Pay Later Gross Merchandise Share by Gender Share Buy Today Pay Now.
  • Buy Now Pay Later Adoption Rationale Gross Merchandise Value Analysis of the value of acquisitions Gross Value Analyse Analysis Value analysis Analytical Purchasing Value.

Companies endorsed by Mentioned Companies.

  • Simplify the process.
  • ZestMoney
  • LazyPay is a lazypayer.
  • Capital Float floatat Capital.
  • PineLabs produces woodwork.
  • Paytm Postpaid Payroll Pay Paydaym Paypayroll Postpaypayt
  • OlaMoney Postpaid by OlamoMony.
  • Amazon Pay Later to Amazon.
  • Flipkart Pay Later.

For more information about this report, visit https://www.researchandmarkets.com/r/crjl2c. For information, please visit http://no.sea/are/search.h

Media Contact Contact:

E.S.T office hours: +1-800-526-8630 For GMT office, -353-1-416-8900 Fax: 646-607-1904 Faxx (outside U.s.):

SOURCE Research and Markets SURCE.

Related Links

http://www.researchandmarkets.com/index.php?lang=.

You may also like: