DUBLIN, Nov. 8, 2021 /PRNewswire/ — The “Thailand 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, Market Share, Retail Product Dynamics, and Consumer Demographics” report has been added to ResearchAndMarkets.com’s offering.
According to the Q2 2021 BNPL Survey, BNPL payment in the country is expected to grow by 71.5% on annual basis to reach US$ 697.1 million in 2021.
BNPL payment industry in Thailand 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.
Medium to long term growth story of BNPL industry in Thailand remains strong. The BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 29.1% during 2021-2028. The BNPL Gross Merchandise Value in the country will increase…