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Germany Buy Now Pay Later Databook 2024: Germany-Based Fintech Firms are Entering the Market with BNPL Product Launches

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DUBLIN, Feb. 14, 2024 /PRNewswire/ — The “Germany 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 – Q1 2024 Update” report has been added to  ResearchAndMarkets.com’s offering.

BNPL payments in Germany are expected to grow by 14.4% on an annual basis to reach US$70.07 billion in 2024. The medium to long-term growth story of the BNPL industry in Germany remains strong. BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 9.3% during 2024-2029. The BNPL gross merchandise value in Germany will increase from US$61.27 billion in 2023 to reach US$109.28 billion by 2029.

The buy now pay later industry is thriving on the back of rising inflation and subsequent decline in disposable income in Germany. The trend, in 2024, is projected to continue with adoption rising among consumers across age groups. The uptake is expected to be especially higher among young generation consumers. 

To tap into the high-growth market, new players also entered the industry in 2023. Going forward, more firms are expected to launch their innovative products to cater to the growing demand among Germans. This will drive the competitive landscape and support innovation in the sector. Overall, there is a robust growth outlook for the BNPL industry over the next three to four years in Germany.

The buy now pay later sector is growing at a strong rate amid higher adoption in the German market

With rising interest rates and inflationary pressure, consumers are flocking towards flexible payment solutions like BNPL at an accelerated pace in Germany. According to a report from Schufa, the German credit rating agency, there has been a 30% increase in BNPL usage in 12 months. The adoption, specifically, is much higher among young generation shoppers in Germany.

In 2024, the adoption of BNPL loans is expected to further increase in the German market, due to a persistent decline in disposable income amid a higher inflationary environment. This trend will support the growth of the industry over the medium term.

Germany-based fintech firms are entering the market with their BNPL product launches

With the industry projected to record strong growth over the next three to four years, more and more fintech firms are seeking to tap into the growth opportunity. These firms are launching their products, while also driving the competitive landscape in the sector.

Unzer, known for its payment and commerce solutions, launched a new buy now pay later product upaylater in 2023. This product combines invoice, installment payment options, and direct debit into a single interface, making it more convenient for merchants to offer BNPL services that customers are increasingly asking for. Unzer has a decade-long history of providing basic invoice, installment, and guaranteed direct debit payment methods, and now it aims to further expand its presence in the BNPL market.

More such fintech firms are expected to launch their innovative BNPL product offerings in the German market, subsequently driving the competitive landscape and market growth over the next three to four years.

To save consumers from BNPL debt traps, e-commerce providers are partnering with startups to launch a save now pay later service in Germany

The adoption has been growing at a rapid rate among young generation consumers, which in turn, is also driving the problem of delinquencies and debt trap. Consequently, to drive responsible consumption, e-commerce providers are forging strategic partnerships with innovative startups to launch save now pay later products in the market.

The widening distribution of save now pay later products, through strategic collaborations, can dampen the growth of the buy now pay later industry in the German market over the medium term.

Report Scope

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.

Below is a summary of key market segments:

Germany BNPL Market Size and Spending Pattern, 2020-2029Germany Buy Now Pay Later Revenue Analysis, 2020-2029Germany Buy Now Pay Later Operational KPIs & Statistics, 2020-2029Germany BNPL by Purpose, 2020-2029Germany BNPL by Business Model, 2020-2029Germany BNPL by Merchant Ecosystem, 2020-2029Germany BNPL by Distribution Model Analysis, 2020-2029Germany Buy Now Pay Later Market Share Analysis by Key PlayersGermany BNPL Analysis by Channel, 2020-2029Germany Buy Now Pay Later in Retail Shopping: Market Size and Forecast, 2020-2029Germany Buy Now Pay Later in Home Improvement: Market Size and Forecast, 2020-2029Germany Buy Now Pay Later in Travel: Market Size and Forecast, 2020-2029Germany Buy Now Pay Later in Media and Entertainment: Market Size and Forecast, 2020-2029Germany Buy Now Pay Later in Services: Market Size and Forecast, 2020-2029Germany Buy Now Pay Later in Automotive: Market Size and Forecast, 2020-2029Germany Buy Now Pay Later in Healthcare and Wellness: Market Size and Forecast, 2020-2029Germany Buy Now Pay Later in Others: Market Size and ForecastGermany Buy Now Pay Later Analysis by Consumer Attitude and Behaviour

For more information about this report visit https://www.researchandmarkets.com/r/33215t

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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The Battery Show Asia 2025: Uniting Global Innovators in Hong Kong

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July 15-17, 2025 | AsiaWorld-Expo, Hong Kong

HONG KONG, Sept. 20, 2024 /PRNewswire/ — The Battery Show, organized by Informa Markets, is a globally recognized platform for cutting-edge battery technology, energy storage solutions and electric/hybrid vehicle (EV/HV) innovations. It is expanding its reach with the inaugural The Battery Show Asia 2025, which will take place from July 15-17, 2025, at AsiaWorld-Expo in Hong Kong. This landmark event builds on the long-lasting success of The Battery Show in North America and Europe, highlighting the strategic importance of the Asian in the fast-evolving advanced battery, energy storage and e-mobility sectors. 

Over three days, The Battery Show Asia 2025 will feature 350+ exhibitors, attract over 15,000 industry professionals, and host 150+ expert speakers. The event will be a pivotal meeting ground for innovators, engineers, manufacturers, and thought leaders from Asia and around the world, offering a unique platform for collaboration, knowledge sharing, and business development in this dynamic industry.

Hong Kong, strategically located within the Greater Bay Area (GBA), is an ideal venue for this prestigious event. With its world-class connectivity and business-friendly environment, Hong Kong offers unparalleled access to the vibrant and diverse markets of China and the broader Asia-Pacific region, making it the perfect location for industry professionals looking to expand their global business footprint, either into Asia or from Asia to the rest of world.

The Battery Show Asia 2025 will feature a comprehensive exhibition showcasing the latest advancements in battery technology, energy storage solutions, and EV/HV innovations. Complementing the exhibition will be a cutting-edge conference program addressing critical topics such as policy and regulation, advanced technology, hydrogen energy, emerging applications, and investment trends. The show will be co-located with Mobility Tech Asia and Data Center Asia, further enhancing its appeal and reach across interconnected sectors.

Attendees will have exclusive opportunities to engage with leading battery and component manufacturers, EV/HV producers, renewable energy experts, and influential decision-makers from across the globe. With a strong international presence, the event promises to foster meaningful connections and strategic partnerships, particularly for those looking to engage with China’s rapidly advancing technology sector.

A series of exclusive networking events, including VIP receptions, an all-day Open Tech Forum, and the premium TBSA/MTA 2025 Conference, will offer additional opportunities for deep engagement and collaboration. Whether you’re showcasing innovations, exploring market insights, or expanding your professional network, The Battery Show Asia 2025 is the essential event to drive your business forward.

Contact:
For more information or partnership and sales inquiries, please contact:
info@thebatteryshow.asia

About Informa Markets:
Informa Markets creates platforms for industries and specialist markets to trade, innovate, and grow. Through our comprehensive portfolio of exhibitions, digital content, and services, we enable customers and partners to connect, discover new opportunities, and drive industry progress.

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SOURCE Informa Markets Asia-The Battery Show Asia & Mobility Tech Asia

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Valmet to supply a new BCTMP line and an evaporator line to JK Paper Limited in India

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Valmet Oyj press release, September 20, 2024, at 9:30 a.m. EEST

ESPOO, Finland, Sept. 20, 2024 /PRNewswire/ — Valmet is to supply a new bleached chemi-thermomechanical pulp (BCTMP) line and a related evaporator line to JK Paper Limited’s Fort Songadh mill in India. The new BCTMP line will manufacture high-quality BCTMP pulp for lightweight coated board production. The start-up is scheduled for the end of 2025.

The order was included in Valmet’s orders received of the second quarter 2024. The value of the order will not be disclosed.

“The new BCTMP and evaporator line will play a crucial role in our production process, enabling us to meet increasing market demands while adhering to the highest quality and environmental responsibility standards. Valmet’s unique high-temperature (HT) BCTMP technology will allow us to achieve superior pulp quality and energy efficiency, ensuring that we remain competitive in the global marketplace,” says A.S. Mehta, President, JK Paper Limited.

“The BCTMP order from JK Paper marks a significant continuation of our cooperation. We are privileged that Valmet has been chosen to contribute to their ongoing success. Our advanced HT-BCTMP and evaporator line technologies will enhance their production capabilities and support their efforts to minimize environmental impact through energy-efficient and resource-saving solutions,” says Fredrik Willgottson, Vice President, Pulp & Energy, Asia Pacific, Valmet.

Technical details about the delivery

The 400 ADMT/d BCTMP line is based on Valmet’s HT-BCTMP technology for optimized impregnation, producing pulp with high bulk and low shive content at minimum energy consumption. The line will include all main process technology for chip washing, pre-steaming, PREX impregnation, HC refining, MC bleaching, HC bleaching, LC refining, screening, reject refining, steam separation, heat recovery, and pulp washing.

The delivery includes a Mechanical Vapor Recompression (MVR) tube evaporator plant for handling the BCTMP plant liquor. It covers MVR evaporator effects, a tube concentrator, and a condensate treatment plant. The evaporator line includes Valmet’s patented Internal Condensate Treatment for producing cleaner condensate for recycling in the mill. The new line will have a design capacity of 180 tons of water per hour.

Information about JK Paper Limited

JK Paper Limited, an integrated pulp and paper plant, was established in 1962. The company is a leading Indian producer of office papers, coated papers, writing and printing papers, and high-end packaging boards. The company has three integrated Pulp and Paper Mills: Unit JKPM at Rayagada (Odisha), Unit CPM at Songadh (Gujarat), and Unit SPM at Kagaznagar, Telangana. The company’s installed capacity is around 800,000 tonnes per annum.

VALMET
Corporate Communications

For further information, please contact:
Pawan Kumar Agarwal, Director, India Region, Asia Pacific, Valmet, tel. +91 96540 69641
Fredrik Willgottson, Vice President, Pulp and Energy, Asia Pacific, Valmet, tel. +66 61384 7911

Valmet has a global customer base across various process industries. We are a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries, and with our automation and flow control solutions we serve an even wider base of process industries. Our more than 19,000 professionals around the world work close to our customers and are committed to moving our customers’ performance forward – every day.

The company has over 220 years of industrial history and a strong track record in continuous improvement and renewal. Valmet’s net sales in 2023 were approximately EUR 5.5 billion.

Valmet’s shares are listed on the Nasdaq Helsinki and the head office is in Espoo, Finland.

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The Second “FROM ZIQUEJIE TERRACES TO THE WORLD” Global Farming Culture Exchange and Mutual Learning Conference Held

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LOUDI, China, Sept. 20, 2024 /PRNewswire/ — On September 12, the opening ceremony and keynote speeches of the Second “FROM ZIQUEJIE TERRACES TO THE WORLD” Global Farming Culture Exchange and Mutual Learning Conference were presented in Xinhua County, Loudi City, Hunan Province. Over 200 guests, including representatives from international organizations such as the International Union for Conservation of Nature (IUCN), the Food and Agriculture Organization of the United Nations (FAO), diplomats from terrace-cultivating countries like France and Peru, and domestic and international experts from the agriculture, culture, and tourism sectors, gathered to discuss key issues including the protection of global agricultural cultural heritage and the development of the green agricultural economy. Together, they explored ways to preserve and promote farming culture, showcasing Hunan’s unique approach to agricultural heritage protection and innovation, while contributing China’s solutions for the safeguarding of global agricultural cultural heritage.

During the opening ceremony, the Consensus on the Integrated Development of Terraces in Agriculture, Culture, and Tourism was released. The document promotes the understanding of the value of terraces, the protection of terrace ecosystems, the preservation of farming culture, the active promotion of agriculture, culture, and tourism integration, enhanced international exchange and cooperation, and the innovation of development models. The aim is to promote the effective protection and sustainable development of terraces globally, deepen the integration of agriculture, culture, and tourism, build distinctive terrace-based industrial chains, enhance the overall competitiveness of terrace regions, and achieve ecological, economic, and social benefits for all.

Terraced fields exemplify the harmonious coexistence of human ingenuity and nature. They carry rich agricultural traditions and historical memories, and their value in preserving biodiversity, ensuring food security, and promoting regional economic development is immeasurable. The Ziquejie Terraces, recognized as both a Globally Important Agricultural Heritage System and a World Heritage Irrigation Structure, are the product of the collective labor of the Miao, Yao, Dong, Han, and other ethnic groups throughout history. These terraces are a historical testament to the merging of mountain hunting cultures with rice farming cultures.

Looking ahead, Loudi City will further strengthen the protection of agricultural cultural heritage, promote cultural inheritance, and foster the integration of agriculture, culture, and tourism. Through these efforts, it aims to provide concrete examples of “authentic protection, living use, and industrial integration” for the world.

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