The BNPL payments in the country are expected to grow by 17.8% on an annual basis to reach US$3.43 billion in 2024.
The medium to long-term growth story of the BNPL industry in the country remains strong. BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 11.9% during 2024-2029. The BNPL gross merchandise value in the country will increase from US$2.91 billion in 2023 to reach US$6.03 billion by 2029.
The BNPL payment industry in Thailand has recorded strong growth over the last four quarters, supported by increased e-commerce penetration.
This report provides a detailed data-centric analysis of the Buy Now Pay Later (BNPL) industry, covering market opportunities and risks across a range of retail categories. With over 75 KPIs at the country level, this report provides a comprehensive understanding of BNPL market dynamics, market size and forecast, and market share statistics.
It breaks down market opportunities by type of business model, sales channels (offline and online), and distribution models. In addition, it provides a snapshot of consumer behaviour and retail spending dynamics. KPIs in both value and volume terms help in getting an in-depth understanding of end market dynamics.
The publisher’s research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view of emerging business and investment market opportunities.
The medium to long-term growth story of the BNPL industry in the country remains strong. BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 11.9% during 2024-2029. The BNPL gross merchandise value in the country will increase from US$2.91 billion in 2023 to reach US$6.03 billion by 2029.
The BNPL payment industry in Thailand has recorded strong growth over the last four quarters, supported by increased e-commerce penetration.
This report provides a detailed data-centric analysis of the Buy Now Pay Later (BNPL) industry, covering market opportunities and risks across a range of retail categories. With over 75 KPIs at the country level, this report provides a comprehensive understanding of BNPL market dynamics, market size and forecast, and market share statistics.
It breaks down market opportunities by type of business model, sales channels (offline and online), and distribution models. In addition, it provides a snapshot of consumer behaviour and retail spending dynamics. KPIs in both value and volume terms help in getting an in-depth understanding of end market dynamics.
The publisher’s research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view of emerging business and investment market opportunities.
Scope
This report provides in-depth, data-centric analysis of Buy Now Pay Later industry in Thailand through 55 tables and 71 charts. Below is a summary of key market segments:Thailand BNPL Market Size and Spending Pattern, 2020-2029
- Gross Merchandise Value Trend Analysis
- Average Value Per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Thailand Buy Now Pay Later Revenue Analysis, 2020-2029
- Buy Now Pay Later Revenues
- Buy Now Pay Later Share by Revenue Segments
- Buy Now Pay Later Revenue by Merchant Commission
- Buy Now Pay Later Revenue by Missed Payment Fee Revenue
- Buy Now Pay Later Revenue by Pay Now & Other Income
Thailand Buy Now Pay Later Operational KPIs & Statistics, 2020-2029
- Buy Now Pay Later Active Consumer Base
- Buy Now Pay Later Bad Debt
Thailand BNPL by Purpose, 2020-2029
- Convenience - Short Term Loans
- Credit - Long Term Loans
Thailand BNPL by Business Model, 2020-2029
- Two-Party (BNPL offered by retailers)
- Three-Party BNPL Offering
Thailand BNPL by Merchant Ecosystem, 2020-2029
- Open Loop System
- Closed Loop System
Thailand BNPL by Distribution Model Analysis, 2020-2029
- Standalone
- Banks & Payment Service Providers
- Marketplaces
Thailand Buy Now Pay Later Market Share Analysis by Key Players
Thailand BNPL Analysis by Channel, 2020-2029
- Online Channel
- POS Channel
Thailand Buy Now Pay Later in Retail Shopping: Market Size and Forecast, 2020-2029
- Gross Merchandise Value Trend Analysis
- Average Value Per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Thailand Buy Now Pay Later in Home Improvement: Market Size and Forecast, 2020-2029
- Gross Merchandise Value Trend Analysis
- Average Value Per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Thailand Buy Now Pay Later in Travel: Market Size and Forecast, 2020-2029
- Gross Merchandise Value Trend Analysis
- Average Value per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Thailand Buy Now Pay Later in Media and Entertainment: Market Size and Forecast, 2020-2029
- Gross Merchandise Value Trend Analysis
- Average Value per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Thailand Buy Now Pay Later in Services: Market Size and Forecast, 2020-2029
- Gross Merchandise Value Trend Analysis
- Average Value Per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Thailand Buy Now Pay Later in Automotive: Market Size and Forecast, 2020-2029
- Gross Merchandise Value Trend Analysis
- Average Value Per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Thailand Buy Now Pay Later in Healthcare and Wellness: Market Size and Forecast, 2020-2029
- Gross Merchandise Value Trend Analysis
- Average Value Per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Thailand Buy Now Pay Later in Others: Market Size and Forecast
- Gross Merchandise Value Trend Analysis
- Average Value Per Transaction Trend Analysis
- Transaction Volume Trend Analysis
Thailand Buy Now Pay Later Analysis by Consumer Attitude and Behaviour
- Sales Uplift by Product Category
- Share by Age Group
- Share by Income
- Share by Gender
- Adoption Rationale
- Average Monthly Expense segments
Reasons to buy
- Gain a thorough grasp of the dynamics of the industry for Buy Now Pay Later: Determine key trends, market opportunities, and projections for the years 2020-2029. To keep on top of the game, utilise critical KPIs such as volume, average value per transaction, and gross merchandise value to understand market trends.
- Get market dynamics by end-use sectors and assess new prospects across various end-use sectors to quickly stay up to date on the most recent and impending developments in BNPL markets.
- Market-specific strategies include identifying growth areas that are concentrated on particular opportunities and using our unique combination of quantitative forecasting and cutting-edge insights to analyse market-specific risks and significant trends in the BNPL sector.
- Learn about the attitudes and behaviours of consumers: This study uses information from a proprietary survey to identify and interpret key Buy Now Pay Later KPIs, such as spending by age, gender, and income level.
- Create profitable and proactive business plans by utilising market research and a forward-looking study of BNPL market spend and significant prospects in Thailand.
Table of Contents
1 About this Report
2 Thailand Buy Now Pay Later Industry Attractiveness
3 Thailand Buy Now Pay Later Operational KPIs
4 Buy Now Pay Later Spend Analysis by Business Model, 2020-2029
5 Buy Now Pay Later Spend Analysis by Purpose, 2020-2029
6 Buy Now Pay Later Spend Analysis by Functional Attribute, 2020-2029
7 Buy Now Pay Later Spend Analysis by Distribution Model, 2020-2029
8 Thailand Buy Now Pay Later Spend Analysis by Sales Channel
9 Thailand Buy Now Pay Later Snapshot by End-Use Sector, 2020-2029
10 Thailand Buy Now Pay Later in Retail Shopping: Market Size and Forecast, 2020-2029
11 Thailand Buy Now Pay Later Market Size and Forecast by Retail Product Categories
12 Thailand Buy Now Pay Later in Home Improvement: Market Size and Forecast, 2020-2029
13 Thailand Buy Now Pay Later in Travel: Market Size and Forecast, 2020-2029
14 Thailand Buy Now Pay Later in Media and Entertainment: Market Size and Forecast, 2020-2029
15 Thailand Buy Now Pay Later in Service: Market Size and Forecast, 2020-2029
16 Thailand Buy Now Pay Later in Automotive: Market Size and Forecast, 2020-2029
17 Thailand Buy Now Pay Later in Healthcare and Wellness: Market Size and Forecast, 2020-2029
18 Thailand Buy Now Pay Later in Others: Market Size and Forecast, 2020-2029
19 Thailand Buy Now Pay Later Analysis by Consumer Attitude and Behaviour, 2020-2029
20 Further Reading
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 88 |
Published | August 2024 |
Forecast Period | 2024 - 2029 |
Estimated Market Value ( USD | $ 3.4 Billion |
Forecasted Market Value ( USD | $ 6 Billion |
Compound Annual Growth Rate | 11.9% |
Regions Covered | Thailand |
No. of Companies Mentioned | 4 |