Casual Dating - Pakistan

Pakistan

Highlights

Revenue in the Casual Dating market is projected to reach US$420.80k in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of -2.10%, resulting in a projected market volume of US$378.40k by 2029.
In the Casual Dating market, the number of users is expected to amount to 394.2k users by 2029.
User penetration will be 0.1% in 2024 and is expected to hit 0.1% by 2029.
The average revenue per user (ARPU) is expected to amount to US$1.25.
In global comparison, most revenue will be generated United States (US$293.80m in 2024).
With a projected rate of 4.6%, the user penetration in the Casual Dating market is highest Armenia.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Online Dating market in Pakistan has seen significant growth in recent years, driven by changing customer preferences and the increasing popularity of online platforms.

Customer preferences: In Pakistan, traditional arranged marriages have long been the norm, with families playing a central role in finding suitable partners for their children. However, there has been a shift in customer preferences, particularly among the younger generation, towards more independent decision-making when it comes to choosing a life partner. This has led to a growing acceptance of online dating platforms as a way to meet potential partners outside of traditional social circles.

Trends in the market: One of the key trends in the Online Dating market in Pakistan is the rise of mobile dating apps. With the widespread adoption of smartphones and the availability of affordable mobile internet, more and more people are using dating apps to connect with others. These apps offer a convenient and discreet way to meet new people, and their popularity is only expected to increase in the coming years. Another trend in the market is the increasing focus on privacy and security. Given the cultural and social sensitivities surrounding dating in Pakistan, users are often cautious about sharing personal information online. As a result, dating platforms are investing in advanced security measures to protect user data and ensure a safe online environment. This includes features such as photo verification and the option to control who can view and contact them.

Local special circumstances: Pakistan is a conservative society with strong cultural and religious values. This can pose challenges for the Online Dating market, as there is still a stigma associated with meeting potential partners online. However, as more people become familiar with the concept of online dating and its potential benefits, this stigma is gradually diminishing. Additionally, the younger generation, which is more open to new ideas and experiences, is driving the growth of the market.

Underlying macroeconomic factors: Pakistan has a large and growing population, with a significant proportion of young people. This demographic factor, combined with increasing internet penetration and smartphone usage, provides a fertile ground for the Online Dating market to thrive. As more people gain access to the internet and become comfortable with online interactions, the market is expected to continue its upward trajectory. In conclusion, the Online Dating market in Pakistan is experiencing growth due to changing customer preferences, the rise of mobile dating apps, increased focus on privacy and security, and underlying macroeconomic factors such as a young population and increasing internet penetration. While there are still cultural and social challenges to overcome, the market is poised for further expansion in the coming years.

Data coverage:

The data encompasses B2C enterprises. Figures are based on Gross Merchandise Value (GMV) and represent what consumers pay for these products and services. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.

Modeling approach / Market size:

Market sizes are determined through a bottom-up approach, building on predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, urban population, usage of key players, and attitudes toward online services.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.