Dublin, Jan. 29, 2024 (GLOBE NEWSWIRE) — The “Israel 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.
The rapidly evolving Buy Now Pay Later (BNPL) sector is experiencing a robust growth trajectory in Israel, according to a latest comprehensive research publication added to our website. A surge by 52.0% on an annual basis is anticipated, bringing the BNPL payments in Israel to US$1.1 billion in 2023.
A deeper exploration of the BNPL market reveals a strong medium to long-term growth forecast, with a projected Compound Annual Growth Rate (CAGR) of 31.6% from 2023 to 2028. This momentum suggests an increment in the Gross Merchandise Value in Israel’s BNPL market from US$.7 billion in 2022 to a staggering US$4.4 billion by 2028.
Data-driven insights from the report highlight how the BNPL payment industry has leveraged the extensive growth of ecommerce to reinforce its position over past quarters. A wide array of metrics and analytical representations facilitate a detailed understanding of the BNPL landscape.
Unprecedented Growth in BNPL Sectors
The document segments the BNPL market into various sectors, revealing the unique opportunities and trends within each. From retail shopping to healthcare and wellness, the analysis provides granularity that is critical for understanding sector-specific accelerations and consumer spending behavior.
Strategic Insights for Investors and Businesses
Investors and business decision-makers are offered a lucid view into market dynamics. Identifying high-growth segments, understanding consumer demographics, and evaluating sector-specific trends all culminate in a powerful tool for forming data-backed strategies poised for capitalizing on the burgeoning BNPL market in Israel.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 87 |
| Forecast Period | 2023 – 2028 |
| Estimated Market Value (USD) in 2023 | $1.1 Billion |
| Forecasted Market Value (USD) by 2028 | $4.4 Billion |
| Compound Annual Growth Rate | 31.6% |
| Regions Covered | Israel |
The report delves into an array of vital aspects that shape the BNPL sector:
- Detailed market size and forecast data
- Extensive analysis of revenue streams within the BNPL industry
- Operational KPIs suggesting consumer base and debt management scrutiny
- In-depth analysis of varying BNPL purposes such as short-term vs. long-term loans
- Dissection of differing BNPL business models and distribution strategies
- Market share intelligence spotlighting the competitive landscape
- Channel-based BNPL analysis – Online and Point of Sale (POS)
- Sector-specific insights covering Retail, Home Improvement, Travel, Services, and more
- Consumer behavior metrics, analyzing demographic influences and purchase rationale
Highlighted Key Performance Indicators (KPIs)
- Gross Merchandise Value
- Average Value Per Transaction
- Transaction Volume
Company Profiles
- Splitit
- Jifiti
- Sunbit Israel
- Charge After
- Fundbox
For more information about this report visit https://www.researchandmarkets.com/r/vosdjt
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