UAE Buy Now Pay Later Market Report 2021: BNPL Payments are Expected to Grow by 52.6%

Dublin, Aug. 27, 2021 (GLOBE NEWSWIRE) -- The "UAE 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 United Arab Emirates 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 Q4 2020 BNPL Survey, BNPL payment in the country is expected to grow by 52.6% on annual basis to reach US$ 509.5 million in 2021.

Medium to long term growth story of BNPL industry in United Arab Emirates remains strong. The BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 17.8% during 2021-2028. The BNPL Gross Merchandise Value in the country will increase from US$ 333.9 million in 2020 to reach US$ 1603.3 million by 2028.

This report provides a comprehensive view on size and structure, industry dynamics, market trends, consumer attitude and behaviour, and competitive landscape in Buy Now Pay Later industry in UAE. The report focuses on data-centric analysis of Buy Now Pay Later market dynamics to help companies understand business and investment opportunities along with risks.

It details market opportunities across 40 market segments in Buy Now Pay Later for the period 2019-2028 and identifies opportunities in UAE. It captures essential KPIs such as Gross Merchandise Value, Volume, and Average Value Per Transaction across end-use segments.

Scope

UAE BNPL Market Size and Spending Pattern

• Gross Merchandise Value Trend Analysis

• Average Value Per Transaction Trend Analysis

• Transaction Volume Trend Analysis

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

• Online Channel

• POS Channel

UAE 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

UAE 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

UAE 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

UAE 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

UAE 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

UAE 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

UAE 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

For more information about this report visit https://www.researchandmarkets.com/r/a0ig0n

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