Singapore Buy Now Pay Later (BNPL) Market Size- By Channel, By Enterprise Type, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Description

Singapore Buy Now Pay Later Market Introduction and Overview

According to SPER market research, 'Singapore Buy Now Pay Later Market Size- By Channel, By Enterprise Type, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2033'state that the Singapore Buy Now Pay Later Market is predicted to reach USD 3806.55 Million by 2033 with a CAGR of 11.6%.

Customers in Singapore can make purchases online and in physical places without having to pay the entire amount at once thanks to the buy now pay later (BNPL) system. The reasons for this market's growth in Singapore are the continued digitization, increased merchant acceptance, rising younger demographic patronage, and the rise of new businesses offering financing through BNPL services. Younger consumers find BNPL services particularly tempting since they offer a number of advantages, such as the option to purchase expensive things like laptops and smartphones and make payments for daily essentials like stationery.

In Singapore, the Buy Now Pay Later (BNPL) industry had a boost from the COVID-19 outbreak. When consumers started looking for flexible payment methods for online purchases during lockdowns, there was a spike in demand for BNPL services. Spending prudence, however, rose as a result of shifting consumer spending habits and economic uncertainty. Regulators also started to focus more on responsible lending practices and thoroughly examine the BNPL industry.

Scope of the Report:

Report Metric Details

Market size available for years 2020-2033

Base year considered 2023

Forecast period 2024-2033

Segments covered By Channel, By Enterprise Type, By End User

Regions covered Eastern Region, Northern Region, Southern Region, Western Region

Companies Covered Atome, CashShield, GrabPay, Hoolah, Oxicash, Quadpay, Razer Fintech, Rely, Split, Others.

Singapore BNPL Services Market Key Segments Covered

By Channel: Based on the Channel, Singapore Buy Now Pay Later Market is segmented as; Online, Point of Sale (POS).

By Enterprise Type: Based on the Enterprise Type, Singapore Buy Now Pay Later Market is segmented as; Large Enterprises, Small & Medium-sized Enterprises (SMEs).

By End User: Based on the End User, Singapore Buy Now Pay Later Market is segmented as; Consumer Electronics, Fashion & Garment, Healthcare, Media & Entertainment, Retail.

Product Code: IACT2445

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
4.2. COVID-19 Impacts of the Singapore Buy Now Pay Later Market

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Singapore Buy Now Pay Later Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Singapore Buy Now Pay Later Market

7. Singapore Buy Now Pay Later Market, By Channel (USD Million)

7.1. Singapore Buy Now Pay Later Market Value Share and Forecast, By Channel, 2024-2033
7.2. Online
7.3. Point of Sale (POS)

8. Singapore Buy Now Pay Later Market, By Enterprise Type (USD Million)

8.1. Singapore Buy Now Pay Later Market Value Share and Forecast, By Enterprise Type, 2024-2033
8.2. Large Enterprises
8.3. Small & Medium-sized Enterprises (SMEs)

9. Singapore Buy Now Pay Later Market, By End User (USD Million)

9.1. Singapore Buy Now Pay Later Market Value Share and Forecast, By End User, 2024-2033
9.2. Consumer Electronics
9.3. Fashion & Garment
9.4. Healthcare
9.5. Media & Entertainment
9.6. Retail

10. Singapore Buy Now Pay Later Market Forecast, 2020-2033 (USD Million)

10.1. Singapore Buy Now Pay Later Market Size and Market Share

11. Singapore Buy Now Pay Later Market, By Channel, 2020-2033 (USD Million)

11.1. Singapore Buy Now Pay Later Market Size and Market Share By Channel (2020-2027)
11.2. Singapore Buy Now Pay Later Market Size and Market Share By Channel (2028-2033)

12. Singapore Buy Now Pay Later Market, By Enterprise Type, 2020-2033 (USD Million)

12.1. Singapore Buy Now Pay Later Market Size and Market Share By Enterprise Type (2020-2027)
12.2. Singapore Buy Now Pay Later Market Size and Market Share By Enterprise Type (2028-2033)

13. Singapore Buy Now Pay Later Market, By End User, 2020-2033 (USD Million)

13.1. Singapore Buy Now Pay Later Market Size and Market Share By End User (2020-2027)
13.2. Singapore Buy Now Pay Later Market Size and Market Share By End User (2028-2033)

14. Singapore Buy Now Pay Later Market, By Region, 2020-2033 (USD Million)

14.1. Singapore Buy Now Pay Later Market Size and Market Share By Region (2020-2027)
14.2. Singapore Buy Now Pay Later Market Size and Market Share By Region (2028-2033)
14.3. Eastern Region
14.4. Northern Region
14.5. Southern Region
14.6. Western Region

15. Company Profile

15.1. Atome
- 15.1.1. Company details
- 15.1.2. Financial outlook
- 15.1.3. Product summary
- 15.1.4. Recent developments
15.2. CashShield
- 15.2.1. Company details
- 15.2.2. Financial outlook
- 15.2.3. Product summary
- 15.2.4. Recent developments
15.3. GrabPay
- 15.3.1. Company details
- 15.3.2. Financial outlook
- 15.3.3. Product summary
- 15.3.4. Recent developments
15.4. Hoolah
- 15.4.1. Company details
- 15.4.2. Financial outlook
- 15.4.3. Product summary
- 15.4.4. Recent developments
15.5. Oxicash
- 15.5.1. Company details
- 15.5.2. Financial outlook
- 15.5.3. Product summary
- 15.5.4. Recent developments
15.6. Quadpay
- 15.6.1. Company details
- 15.6.2. Financial outlook
- 15.6.3. Product summary
- 15.6.4. Recent developments
15.7. Razer Fintech
- 15.7.1. Company details
- 15.7.2. Financial outlook
- 15.7.3. Product summary
- 15.7.4. Recent developments
15.8. Rely
- 15.8.1. Company details
- 15.8.2. Financial outlook
- 15.8.3. Product summary
- 15.8.4. Recent developments
15.9. Split
- 15.9.1. Company details
- 15.9.2. Financial outlook
- 15.9.3. Product summary
- 15.9.4. Recent developments
15.10. Others