Categories: Wire Stories

Taiwan Buy Now Pay Later Market Report 2021: BNPL Payments to Grow by 70.5% in 2021 – Forecast to 2028 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Taiwan Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook – 75+ KPIs on Buy Now Pay Later Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics” report has been added to ResearchAndMarkets.com’s offering.

BNPL payment industry in Taiwan has recorded strong growth over the last four quarters, supported by increased ecommerce penetration along with impact of economic slowdown due to disruption caused by Covid-19 outbreak.

According to the Q2 2021 BNPL Survey, BNPL payment in the country is expected to grow by 70.5% on annual basis to reach US$ 646.8 million in 2021.

Medium to long term growth story of BNPL industry in Taiwan remains strong. The BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 28.4% during 2021-2028. The BNPL Gross Merchandise Value in the country will increase from US$ 379.3 million in 2020 to reach US$ 3721.4 million by 2028.

Scope

Taiwan BNPL Market Size and Spending Pattern

  • Gross Merchandise Value Trend Analysis
  • Average Value Per Transaction Trend Analysis
  • Transaction Volume Trend Analysis

Taiwan Buy Now Pay Later Market Share Analysis by Key Players

Taiwan Buy Now Pay Later Spend Analysis by Channel: Market Size and Forecast

  • Online Channel
  • POS Channel

Taiwan Buy Now Pay Later in Retail Shopping: Market Size and Forecast

  • Gross Merchandise Value Trend Analysis
  • Average Value Per Transaction Trend Analysis
  • Transaction Volume Trend Analysis

Taiwan Buy Now Pay Later in Home Improvement: Market Size and Forecast

  • Gross Merchandise Value Trend Analysis
  • Average Value Per Transaction Trend Analysis
  • Transaction Volume Trend Analysis

Taiwan Buy Now Pay Later in Leisure & Entertainment: Market Size and Forecast

  • Gross Merchandise Value Trend Analysis
  • Average Value Per Transaction Trend Analysis
  • Transaction Volume Trend Analysis

Taiwan Buy Now Pay Later in Healthcare and Wellness: Market Size and Forecast

  • Gross Merchandise Value Trend Analysis
  • Average Value Per Transaction Trend Analysis
  • Transaction Volume Trend Analysis

Taiwan Buy Now Pay Later in Education: Market Size and Forecast

  • Gross Merchandise Value Trend Analysis
  • Average Value Per Transaction Trend Analysis
  • Transaction Volume Trend Analysis

Taiwan Buy Now Pay Later in Automotive: Market Size and Forecast

  • Gross Merchandise Value Trend Analysis
  • Average Value Per Transaction Trend Analysis
  • Transaction Volume Trend Analysis

Taiwan Buy Now Pay Later Analysis by Consumer Attitude and Behaviour

  • Buy Now Pay Later Sales Uplift by Product Category
  • Buy Now Pay Later Spend Share by Age Group
  • Buy Now Pay Later Gross Merchandise Share by Income
  • Buy Now Pay Later Gross Merchandise Value Share by Gender
  • Buy Now Pay Later Adoption Rationale Gross Merchandise Value Analysis

Reasons to buy

  • In-depth Understanding of Buy Now Pay Later Market Dynamics: Understand market opportunities and key trends along with forecast (2019-2028). Understand market dynamics through essential KPIs such as Gross Merchandise Value, Volume, and Average Value Per Transaction.
  • Insights into Opportunity by end-use sectors – Get market dynamics by end-use sectors to assess emerging opportunity across various end-use sectors.
  • Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate BNPL strategy; assess market specific key trends, drivers, and risks in the BNPL industry.
  • Get Insights into Consumer Attitude and Behaviour: Drawing from proprietary survey results, this report identifies and interprets key Buy Now Pay Later KPIs, including spend by age, gender, and income level.

For more information about this report visit https://www.researchandmarkets.com/r/fd4fux

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Alex

Recent Posts

REDEX to be an exclusive partner to TNBX in Malaysia to support the Malaysia Green Attribute Trading System (mGATS) platform

SINGAPORE - Media OutReach Newswire - 20 May 2024 - REDEX will be an exclusive…

20 mins ago

Swiss Re Foundation aims to boost health and environmental innovations through Shine Southeast Asia

Shine, Swiss Re Foundation's flagship social entrepreneurship programme, invites participation from social entrepreneurs from Indonesia,…

20 mins ago

Kirin Holdings will begin online sales of “Electric Salt Spoon”, a spoon that uses electricity to enhance salty and umami taste*1, on May 20

With this new business, Kirin aims to solve social issue of excessive salt intake. Spoons…

47 mins ago

Kyocera Corporation to Exhibit at Automotive Engineering Exposition 2024

Company to Unveil Next-Generation In-Car Sensor Technology and Road Communications KYOTO, Japan--(BUSINESS WIRE)--Kyocera Corporation (President:…

48 mins ago

MSIG Hong Kong launches its new brand campaign “Serving with Heart, Putting You above All”

The campaign will highlight MSIG’s Hong Kong’s excellence in extraordinary claims services and its offer…

50 mins ago

NEON Japan to Showcase the Asia Premiere of Ramses and the Gold of the Pharaohs in Tokyo, Following Phenomenal Successes in the US, Europe & Oceania

SINGAPORE - Media OutReach Newswire - 20 May 2024 - In partnership with the Egyptian…

1 hour ago