Matchmaking - Fiji

  • Fiji
  • Revenue in the Matchmaking market is projected to reach US$156.20k in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 0.77%, resulting in a projected market volume of US$162.30k by 2029.
  • In the Matchmaking market, the number of users is expected to amount to 7.1k users by 2029.
  • User penetration will be 0.7% in 2024 and is expected to hit 0.7% by 2029.
  • The average revenue per user (ARPU) is expected to amount to US$22.98.
  • In global comparison, most revenue will be generated in China (US$1,211.00m in 2024).
  • With a projected rate of 3.8%, the user penetration in the Matchmaking market is highest in South Korea.
 
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Analyst Opinion

The Casual Dating market in Fiji is experiencing steady growth due to changing customer preferences and increasing acceptance of casual relationships in the country.

Customer preferences:
In Fiji, there is a growing preference among individuals for casual dating over traditional committed relationships. This shift in customer preferences can be attributed to several factors. Firstly, the younger generation in Fiji is more open-minded and progressive, seeking freedom and flexibility in their relationships. They value their independence and prioritize personal growth and career advancement over settling down at an early age. Additionally, the influence of Western culture has played a role in shaping the attitudes towards casual dating, with many Fijians embracing the idea of exploring different relationships before committing to a long-term partnership.

Trends in the market:
One of the key trends in the Casual Dating market in Fiji is the increasing popularity of online dating platforms. With the widespread availability of smartphones and internet access, more Fijians are turning to dating apps and websites to meet potential partners. These platforms provide a convenient and efficient way to connect with like-minded individuals and explore casual dating opportunities. The anonymity and ease of use offered by online dating platforms have contributed to their growing popularity in Fiji. Another trend observed in the Casual Dating market in Fiji is the rise of casual dating events and social gatherings. These events provide a safe and comfortable environment for individuals to meet and interact with others who share similar interests. From speed dating events to casual meetups, these gatherings offer an opportunity for Fijians to expand their social circles and potentially find casual dating partners.

Local special circumstances:
Fiji's unique cultural and social dynamics contribute to the development of the Casual Dating market in the country. As a multiethnic society, Fiji embraces diversity and inclusivity, creating an environment where individuals feel more comfortable exploring different types of relationships. Additionally, the tourism industry in Fiji plays a significant role in shaping the Casual Dating market. With a large number of tourists visiting the country, there is a demand for casual dating experiences and services catering to both locals and visitors.

Underlying macroeconomic factors:
The growing Casual Dating market in Fiji is also influenced by underlying macroeconomic factors. As the country's economy continues to grow, individuals have more disposable income to spend on leisure activities, including casual dating. This increased spending power contributes to the overall growth of the market. Furthermore, the tourism industry, which is a major source of revenue for Fiji, attracts a diverse range of visitors, creating opportunities for casual dating experiences and services. In conclusion, the Casual Dating market in Fiji is experiencing growth due to changing customer preferences, the popularity of online dating platforms, the rise of casual dating events, local cultural dynamics, and underlying macroeconomic factors. As Fijians embrace the idea of casual dating and seek more flexibility in their relationships, the market is expected to continue to expand in the coming years.

Methodology

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.

Overview

  • Revenue
  • Analyst Opinion
  • Users
  • Global Comparison
  • Methodology
  • Key Market Indicators
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