DUBLIN, Oct. 28, 2022 /PRNewswire/ — The “Argentina Buy Now Pay Later Business and Investment Opportunities Databook – 75+ KPIs on Buy Now Pay Later Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics – Q3 2022 Update” report has been added to ResearchAndMarkets.com’s offering.
The BNPL payment industry in Argentina has recorded strong growth over the last four quarters, supported by increased ecommerce penetration along with the impact of economic slowdown due to disruption caused by Covid-19 outbreak.
According to the publisher, BNPL payments in the country are expected to grow by 74.4% on an annual basis to reach US$1,312.5 million in 2022.
Medium to long term growth story of BNPL industry in Argentina remains strong. BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 31.7% during 2022-2028. The BNPL Gross Merchandise Value in the country will increase from US$752.7 million in 2021 to reach US$6,835.0 million by 2028.
This report provides in-depth, data-centric analysis of Buy Now Pay Later industry in Argentina. Below is a summary of key market segments: