PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1455703
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1455703
Thailand Buy Now Pay Later Market Introduction and Overview
According to SPER market research, 'Thailand Buy Now Pay Later Market Size- By Channel, By Enterprise Type, By Category - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Thailand Buy Now Pay Later Market is predicted to reach USD 10.86 billion by 2033 with a CAGR of 11.22%.
Financial services that let customers make advance purchases and later payment are known as "buy now pay later" (BNPL) services. Credit evaluation, repayment plans, payment methods, retail partners, application procedures, and interest expenses are some of its phases and constituents. Paying for consumer goods, clothing, furniture, vehicles, travel, lodging, and online shopping is a common use of BNPL payments. Customers can purchase upscale, luxurious goods with the aid of this incredibly beneficial service, which promotes ease, reduces financial restraints, and grants them financial independence.
The buy now pay later (BNPL) sector in Thailand has been significantly impacted by the COVID-19 outbreak. The health crisis, like it did in many other nations, led to widespread economic instability and changed consumer purchasing habits. When individuals got used to lockdowns and other forms of social separation, there was an early surge in internet shopping; but, the subsequent economic crisis made them more frugal with their money.
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 Category
Regions covered Eastern Region, Western Region, Southern Region, Northern Region
Companies Covered SpayLater, Pay Next, Atome, K PAY LATER, Shop Now Pay Later.
Thailand Buy Now Pay Later Market Segmentation:
By Channel: Based on the Channel, Thailand Buy Now Pay Later Market is segmented as; Point of Sale, Online.
By Enterprise Type: Based on the Temperature Type, Thailand Buy Now Pay Later Market is segmented as; SMEs, Large Enterprises.
By Category: Based on the Category, Thailand Buy Now Pay Later Market is segmented as; Banking, Financial Services and Insurance, Consumer Electronics, Fashion & Garment, Healthcare, Retail, Media and Entertainment, Others.
By Region: This research also includes data for Eastern Region, Western Region, Southern Region, Northern Region.