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Life Coaches in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Life Coaches Market Research Report | Life Sciences | Wellness Services | Feb 2016

Realistic goals: Despite weakening demand, high-income earners will support growth

The Life Coaches market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$869m
Annual Growth 11-16
3.3%
Annual Growth 16-21
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Profit
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Employment
17,944
Businesses
12,043
Industry Analysis & Industry Trends

Demand for the Life Coaches industry grows when public confidence declines and people's ability to handle the issues on their own falters. When the housing bubble burst and the US economy fell into a recession, consumer confidence plummeted. This decline, coupled with high unemployment, falling incomes and bleak outlooks, caused Americans to seek out the assistance of professional coaches, benefiting the industry. However, as the economy slowly continues to recover and consumer confidence returns, demand for life coaches is expected to wane. Over the five years to 2019, although consumers will likely require less guidance, high-income households will serve as the primary vehicle of growth for the industry.... purchase to read more

Industry Report - Industry Key Buyers Chapter

Market share concentration for the Life Coaches industry is low. This industry comprises 12,043 companies, most of which are sole proprietorships. As such, the industry is highly fragmented, and most operators have very little market share. Although life coaches perform a large share of their coaching remotely, most serve only their local market, which enables them to perform face-to-face sessions that often complement remote coaching. The market's largest companies specialize in remote coaching and traveling workshops, enabling them to reach a national client base. However, such establishments constitute a minor segment of the market and still possess relatively little market share... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Life Coaches Industry?

This industry includes practitioners that primarily help clients set and achieve personal goals. Such goals can pertain to a client's job, personal life or interpersonal relationships. This industry does not include psychologists, mental health counselors or business analysts.

Industry Products
Career and financialExecutivePersonal improvementFamily and relationshipWeight loss and fitness
 
Industry Activities
Business coachingPersonal improvement coachingFamily and relationship coachingWeight loss and fitness coaching


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