The global number of BNPL users is predicted to grow by 150 percent between 2022 and 2027, as it continues to grow popular among consumers. This is according to a forecast released in 2023 from the United Kingdom. The source does not explore individual countries, bar one. India is described as "having potential for significant growth", although the source does not mention here whether the country will be the biggest in BNPL or not by 2027. In 2022, India ranked as the number four country worldwide in terms of buy now, pay later users.
Number of BNPL (buy now, pay later) users in India and worldwide in 2022, with a forecast for 2027
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Number of BNPL users in millions
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Juniper Research. (August 8, 2023). Number of BNPL (buy now, pay later) users in India and worldwide in 2022, with a forecast for 2027 (in millions) [Graph]. In Statista. Retrieved August 31, 2024, from https://www.statista.com/statistics/1448603/bnpl-number-of-users-worldwide/
Juniper Research. "Number of BNPL (buy now, pay later) users in India and worldwide in 2022, with a forecast for 2027 (in millions)." Chart. August 8, 2023. Statista. Accessed August 31, 2024. https://www.statista.com/statistics/1448603/bnpl-number-of-users-worldwide/
Juniper Research. (2023). Number of BNPL (buy now, pay later) users in India and worldwide in 2022, with a forecast for 2027 (in millions). Statista. Statista Inc.. Accessed: August 31, 2024. https://www.statista.com/statistics/1448603/bnpl-number-of-users-worldwide/
Juniper Research. "Number of Bnpl (Buy Now, Pay Later) Users in India and Worldwide in 2022, with a Forecast for 2027 (in Millions)." Statista, Statista Inc., 8 Aug 2023, https://www.statista.com/statistics/1448603/bnpl-number-of-users-worldwide/
Juniper Research, Number of BNPL (buy now, pay later) users in India and worldwide in 2022, with a forecast for 2027 (in millions) Statista, https://www.statista.com/statistics/1448603/bnpl-number-of-users-worldwide/ (last visited August 31, 2024)
Number of BNPL (buy now, pay later) users in India and worldwide in 2022, with a forecast for 2027 (in millions) [Graph], Juniper Research, August 8, 2023. [Online]. Available: https://www.statista.com/statistics/1448603/bnpl-number-of-users-worldwide/
