Online Dating - Pakistan

Pakistan

Highlights

Revenue in the Online Dating market is projected to reach US$714.10k in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of -3.25%, resulting in a projected market volume of US$605.40k by 2029.
In the Online Dating market, the number of users is expected to amount to 2.4m users by 2029.
User penetration will be 0.9% in 2024 and is expected to hit 0.9% by 2029.
The average revenue per user (ARPU) is expected to amount to US$0.33.
In global comparison, most revenue will be generated United States (US$1.39bn in 2024).
With a projected rate of 17.7%, the user penetration in the Online Dating market is highest United States.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Matchmaking market in Pakistan has been experiencing steady growth in recent years, driven by changing customer preferences and the increasing acceptance of online dating platforms.

Customer preferences: In Pakistan, traditional matchmaking methods such as arranged marriages have long been the norm. However, there has been a shift in customer preferences, particularly among the younger generation. They are increasingly looking for more control and autonomy in choosing their life partners. This has led to a growing demand for matchmaking services that offer a wider range of options and allow individuals to have a greater say in the decision-making process.

Trends in the market: One of the key trends in the matchmaking market in Pakistan is the rise of online dating platforms. These platforms provide a convenient and accessible way for individuals to connect with potential partners, regardless of geographical location. The proliferation of smartphones and the increasing availability of internet access have further fueled the growth of online dating in the country. Another trend in the market is the growing popularity of niche matchmaking services. These services cater to specific religious, ethnic, or cultural communities, allowing individuals to find partners who share their values and beliefs. This trend reflects the diverse nature of Pakistani society and the desire for individuals to find compatible partners within their own community.

Local special circumstances: Pakistan is a conservative society with strong cultural and religious traditions. This has posed challenges for the matchmaking market, particularly in terms of addressing the concerns of individuals and families who are hesitant to embrace online dating. Matchmaking services in Pakistan have had to navigate these cultural sensitivities and build trust among their users.

Underlying macroeconomic factors: The growing middle class in Pakistan has played a significant role in driving the growth of the matchmaking market. As more individuals attain higher levels of education and economic stability, they are seeking partners who share their aspirations and values. This has created a demand for matchmaking services that cater to the needs and preferences of this emerging middle class. Additionally, the increasing urbanization in Pakistan has contributed to the growth of the matchmaking market. Urban areas provide a larger pool of potential partners and offer greater opportunities for individuals to meet and connect. This has led to the rise of offline matchmaking events and social gatherings, where individuals can interact and potentially find compatible partners. In conclusion, the matchmaking market in Pakistan is experiencing growth due to changing customer preferences, the rise of online dating platforms, and the increasing acceptance of alternative matchmaking methods. While cultural and religious sensitivities present challenges, the growing middle class and urbanization are driving demand for matchmaking services that cater to the evolving needs of Pakistani society.

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.