Matchmakers are the standard, off-line, private contact professionals that assist singles to seek out their soulmates, for a hefty payment. Business sources estimate that there are 2,000+ skilled matchmakers now working in america, 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 Business
- How a lot the matchmaking business is price: This occupation is estimated to be price $1.2 to $1.5 billion globally, with almost 40% of the market situated in america. Revenues in all probability slid at the very least 25%, perhaps extra, in 2020, however have rebounded since then. Business trackers say that 73% of matchmakers had been assembly shoppers just about throughout the pandemic.
- Matchmaking market outlook: Marketdata forecasts 3.8% common annual progress within the worldwide matchmaking market’s revenues, from a variety of $1.28-$1.57 billion in 2023 to a variety of $1.48-$1.83 billion by 2027.
- Very aggressive market: Extra matchmakers have entered the occupation these days, seeing the potential advantages of being their very own boss and dealing from dwelling. The brand new, youthful matchmakers are providing providers at decrease costs than the long-established, nationally identified 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: The USA market represents the most important 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 concerning the matchmaking business, you should definitely learn the newly printed report The Worldwide Matchmaking Market: Discovering Love, for a Value by Marketdata, which discusses the U.S. vs. international markets, matchmaking market statistics, how matchmakers function their companies, and profiles of many prime U.S. unbiased matchmakers.
Concerning the Writer: John LaRosa is the President of Marketdata LLC and is the creator of 100+ business and market research. His analysis seems in prime media shops together with ABC, CNN, Fox, Forbes, USA Immediately, The Wall Road Journal, The New York Occasions, and a wide range of commerce journals.
