The $1.2 – $1.5 Billion Worldwide Matchmaking Market Survives the Pandemic


couple on a date representing matchmaking industryMatchmakers are the normal, off-line, private contact professionals that assist singles to search out their soulmates, for a hefty payment. Trade sources estimate that there are 2,000+ skilled matchmakers now working in the USA, and Marketdata’s analysis finds that there are hundreds extra working in China, Japan, South Korea, India, and Europe.

Matchmaking continues to be primarily a mother & pop enterprise, with a number of unbiased feminine operators, each within the U.S. and overseas. The market is simple to enter, requiring minimal funding and no licenses or certifications, as most matchmakers depend on instinct based mostly on their private expertise in making matches.

Prime Issues to Know Concerning the Matchmaking Trade

  • How a lot the matchmaking business is value: This occupation is estimated to be value $1.2 to $1.5 billion globally, with almost 40% of the market situated in the USA. Revenues most likely slid no less than 25%, perhaps extra, in 2020, however have rebounded since then. Trade trackers say that 73% of matchmakers have been assembly purchasers just about throughout the pandemic.
  • Matchmaking market outlook: Marketdata forecasts 3.8% common annual progress within the worldwide matchmaking market’s revenues, from a spread of $1.28-$1.57 billion in 2023 to a spread of $1.48-$1.83 billion by 2027.
  • Very aggressive market: Extra matchmakers have entered the occupation currently, seeing the potential advantages of being their very own boss and dealing from house. The brand new, youthful matchmakers are providing providers at decrease costs than the long-established, nationally recognized ones.
  • Variety of matchmakers: Marketdata estimates that there are 12,000+ matchmakers worldwide, though many in Asia are part-time relations who work informally.
  • Nation potentials: America market represents the biggest share of the worldwide market and it’s mature. Reasonable annual income progress of 5.5% is forecast right here. The strongest progress markets embody China, the UK, Canada, and South Korea. Clearly, China has one of many fastest-growing economies, and a big inhabitants, which is turning into extra prosperous.

The place to Study Extra

To search out out extra in regards to the matchmaking business, you’ll want to learn the newly printed report The Worldwide Matchmaking Market: Discovering Love, for a Worth by Marketdata, which discusses the U.S. vs. international markets, matchmaking market statistics, how matchmakers function their companies, and profiles of many high U.S. unbiased matchmakers.

Concerning the Creator:  John LaRosa is the President of Marketdata LLC and is the creator of 100+ business and market research. His analysis seems in high media shops together with ABC, CNN, Fox, ForbesUSA At this timeThe Wall Road JournalThe New York Instances, and a wide range of commerce journals. 


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