France 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 2024 Update

The BNPL payments in the country are expected to grow by 13.8% on an annual basis to reach US$11.40 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 8.8% during 2024-2029. The BNPL gross merchandise value in the country will increase from US$10.02 billion in 2023 to reach US$17.42 billion by 2029.

Key Developments in the BNPL Sector in France

In France, there have been important product launches and strategic developments in the Buy Now Pay Later (BNPL) sector.

Product Launches and Innovations

Klarna's Aggressive Expansion: Klarna is actively seeking to expand its presence in France and other European markets by forming in-store partnerships. This move is aimed at capitalizing on the increasing adoption of BNPL services among consumers of all ages, particularly in light of economic pressures such as inflation.

Launch of Niche BNPL Services: Various BNPL providers are focusing on launching niche-based services to capture specific market segments. This trend reflects the growing competition and the need for differentiation in the expanding BNPL market in France.

Strategic Partnerships

Klarna's Expansion: Klarna, a leading BNPL provider, continues to solidify its presence in France. It has partnered with various retailers to offer flexible payment options, which cater primarily to younger consumers, a demographic that is increasingly turning to BNPL services for online shopping.

Younited Credit Collaborations: Younited Credit, a French fintech specializing in BNPL, has engaged in strategic partnerships to expand its product offerings. Notably, it collaborated with Bankable and LiftForward to launch a new BNPL product aimed at consumers in Italy, indicating a cross-border strategy that may also influence its operations in France.

The BNPL landscape in France is rapidly evolving, with strategic partnerships and a focus on meeting diverse consumer and merchant needs.

Regulatory Changes

There are notable regulatory changes for Buy Now Pay Later (BNPL) services in France. Here are the key impacts of regulatory and government policies on the sector:

Ongoing Regulatory Uncertainty - The French government has been actively working on regulating the BNPL industry, but progress has been slow and uncertain. Despite initial plans to introduce legislation before 2024, the process has been postponed multiple times, leaving both BNPL providers and consumers in a state of uncertainty about the future regulatory framework.

Pressure from BNPL Providers - BNPL providers in France have been lobbying the government to water down the proposed regulations, fearing that overly strict rules could force them to exit the market. This pressure, combined with the government's desire to prioritize more popular policies ahead of any upcoming elections, has contributed to the delays in finalizing the regulatory framework.

The BNPL sector in France is experiencing significant growth and innovation, with key players like Klarna expanding aggressively and new niche services emerging. Strategic partnerships, such as those involving Klarna and Younited Credit, are reshaping the market. However, regulatory uncertainty remains a challenge, as the French government has delayed implementing new regulations amidst provider lobbying and political priorities.

The BNPL payment industry in France 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 France through 55 tables and 71 charts. Below is a summary of key market segments:

France BNPL Market Size and Spending Pattern, 2020-2029

• Gross Merchandise Value Trend Analysis
• Average Value Per Transaction Trend Analysis
• Transaction Volume Trend Analysis

France 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

France Buy Now Pay Later Operational KPIs & Statistics, 2020-2029

• Buy Now Pay Later Active Consumer Base
• Buy Now Pay Later Bad Debt

France BNPL by Purpose, 2020-2029

• Convenience - Short Term Loans
• Credit - Long Term Loans

France BNPL by Business Model, 2020-2029

• Two-Party (BNPL offered by retailers)
• Three-Party BNPL Offering

France BNPL by Merchant Ecosystem, 2020-2029

• Open Loop System
• Closed Loop System

France BNPL by Distribution Model Analysis, 2020-2029

• Standalone
• Banks & Payment Service Providers
• Marketplaces

France Buy Now Pay Later Market Share Analysis by Key Players

France BNPL Analysis by Channel, 2020-2029

• Online Channel
• POS Channel

France 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

France 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

France 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

France 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

France 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

France 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

France 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

France 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

France 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 France.