Australia Buy Now Pay Later Business Report 2026: Market to Grow by 17.5% to Reach $18.34 Billion this Year - Forecast to 2031 Featuring Afterpay, ZipPay, PayPal, Sezzle
Dublin, Feb. 03, 2026 (GLOBE NEWSWIRE) -- The "Australia Buy Now Pay Later Business and Investment Opportunities Databook - 90+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics - Q1 2026 Update" report has been added to ResearchAndMarkets.com's offering.
The BNPL payment market in Australia is expected to grow by 17.5% on annual basis to reach US$18.34 billion in 2026. The buy now pay later market in the country has experienced robust growth during 2022-2025, achieving a CAGR of 25.1%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 12.7% from 2026-2031. By the end of 2031, the BNPL sector is projected to expand from its 2025 value of USD 15.60 billion to approximately USD 33.30 billion.
Over the next 2-4 years, consolidation is likely as regulatory costs rise. Banks will play a larger role through credit-linked instalments, and BNPL providers will differentiate through risk discipline, merchant analytics and loyalty integrations. Market share will increasingly favour players with strong capital bases, diversified channels and compliance infrastructure.
Current State of the Market
Key Players and New Entrants
Key Trends and Drivers
Providers pivot from growth to profitability and disciplined underwriting.
BNPL embeds deeper into mainstream retail and digital ecosystems
Cost-of-living pressures and bank competition reshape BNPL's role in consumer credit.
Key Attributes:
Report Scope
Australia Buy Now Pay Later Key Companies
Australia Retail Industry & Ecommerce Market Size and Forecast
Australia Buy Now Pay Later Market Size and Industry Attractiveness
Australia Buy Now Pay Later Revenue Analysis
Australia Buy Now Pay Later Operational KPIs
Australia Buy Now Pay Later Spend Analysis by Business Model
Australia Buy Now Pay Later Spend Analysis by Purpose
Australia Buy Now Pay Later Spend Analysis by Merchant Ecosystem
Australia Buy Now Pay Later Spend Analysis by Distribution Model
Australia Buy Now Pay Later Spend Analysis by Channel
Australia Buy Now Pay Later By End-Use Sector: Market Size and Forecast
Australia Buy Now Pay Later By Retail Product Category: Market Size and Forecast
Australia Buy Now Pay Later Analysis by Consumer Attitude and Behaviour
For more information about this report visit https://www.researchandmarkets.com/r/dcg0l6
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