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Rapid Growth in Global BNPL Markets
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Growing BNPL Business Opportunities
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The Buy Now Pay Later (BNPL) markets in Mexico, Spain, Norway, and Belgium are experiencing significant growth, with projections indicating substantial market expansion by 2029. Mexico's BNPL market is expected to reach US$25.56 billion with a CAGR of 28.2%, while Spain, Norway, and Belgium forecast values of US$5.97 billion, strong growth with a CAGR of 9.5%, and a projected value of US$6.70 billion, respectively. Research reports from ResearchAndMarkets.com offer insights into market dynamics, consumer behavior, and future growth prospects within the BNPL sector in each country.
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How could the evolving landscape of BNPL impact traditional payment methods and financial institutions in these countries?
How might the increasing adoption of e-commerce further drive the growth of BNPL markets?
What factors could influence the CAGR variations among the BNPL markets in Mexico, Spain, Norway, and Belgium?
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