Mexico Buy Now Pay Later Business Report 2023: BNPL Payments are Expected to Grow by 52% to Reach $5.2 Billion in 2023 - Forecast to 2028
DUBLIN, Nov. 20, 2023 /PRNewswire/ -- The "Mexico 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 - Q2 2023 Update" report has been added to ResearchAndMarkets.com's offering.
BNPL payments in Mexico are expected to grow by 52.0% on an annual basis to reach US$5.2 billion in 2023.
Medium to long term growth story of BNPL industry in Mexico remains strong. BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 31.8% during 2023-2028. The BNPL Gross Merchandise Value in the Mexico will increase from US$3.4 billion in 2022 to reach US$20.6 billion by 2028.
The BNPL payment industry in Mexico has recorded strong growth over the last four quarters, supported by increased ecommerce penetration. This report provides a detailed data centric analysis of Buy Now Pay Later (BNPL) industry, covering market opportunities and risks across a range of retail categories.
With over 75 KPIs at country level, this report provides a comprehensive understanding of BNPL market dynamics, market size and forecast, and market share statistics. It breaks down market opportunity by type of business model, sales channels (offline and online), and distribution models.
In addition, it provides a snapshot of consumer behaviour and retail spend dynamics in Mexico. KPIs in both value and volume term help in getting in-depth understanding of end market dynamics.
Reasons to buy
Mexico Buy Now Pay Later Market Share Analysis by Key Players
Mexico BNPL Market Size and Spending Pattern, 2019-2028
Mexico Buy Now Pay Later Revenue Analysis, 2019-2028
Mexico Buy Now Pay Later Operational KPIs & Statistics, 2019-2028
Mexico BNPL by Purpose, 2019-2028
Mexico BNPL by Business Model, 2019-2028
Mexico BNPL by Merchant Ecosystem, 2019-2028
Mexico BNPL by Distribution Model Analysis, 2019-2028
Mexico BNPL Analysis by Channel, 2019-2028
Mexico Buy Now Pay Later in Retail Shopping: Market Size and Forecast, 2019-2028
Mexico Buy Now Pay Later in Home Improvement: Market Size and Forecast, 2019-2028
Mexico Buy Now Pay Later in Travel/Entertainment: Market Size and Forecast, 2019-2028
Mexico Buy Now Pay Later in Services: Market Size and Forecast, 2019-2028
Mexico Buy Now Pay Later in Automotive: Market Size and Forecast, 2019-2028
Mexico Buy Now Pay Later in Healthcare and Wellness: Market Size and Forecast, 2019-2028
Mexico Buy Now Pay Later in Groceries: Market Size and Forecast
Mexico Buy Now Pay Later Analysis by Consumer Attitude and Behaviour
For more information about this report visit https://www.researchandmarkets.com/r/h6c6sp
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