Industry Analysis & Industry Trends
The Dating Services industry has hit it off with Canadians over the past five years. The industry has experienced strong growth as a result of a declining stigma regarding the concept of online dating, as well as changing consumer preferences that favour online systems to complete everyday tasks. Furthermore, changing societal values over the past five years has propelled industry growth. Canadians are dating more before settling down with one partner and are choosing to get married later in life. Therefore, industry revenue has expanded due to more Canadians dating multiple people, including through online formats. Over the five years to 2021, the industry will continue to benefit from consumer preferences that favour using online systems, including for forming new relationships... purchase to read more
Industry Report - Industry Locations Chapter
Since the Dating Services industry's business is to help people form romantic relationships, the more people that operators have access to, the more revenue they can potently generate. As such, establishment distribution typically follows population distribution. Furthermore, players also look to position themselves in regions with a large, young and single population.
Ontario and Quebec
More than half of industry establishments are located in Ontario and Quebec, which account for 38.1% and 22.1% of industry establishments respectively. The provinces make up more than half of the country's population. In addition, about 61.6% of singles and 60.8% of those aged 20 to 29 live in these provinces... purchase to read more