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Life Coaches: Market Research Report

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

Life Coaches Market Research Report | NAICS OD4184 | Mar 2017

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

IBISWorld’s Life Coaches market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 12-17
Annual Growth 17-22
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Industry Analysis & Industry Trends

Operators in the Life Coaches industry assist individuals with personal, relationship and business matters. Demand for their services grows when public confidence declines and people's ability to handle issues on their own falters. However, because industry services are discretionary, demand is subject to changes in the level of disposable income, which is typically lower during times of poor consumer confidence. Over the five years to 2017, the industry has benefited from economic improvements. As a result, IBISWorld estimates industry revenue to have increased over the five-year period. During the next five years, the industry will continue to benefit from economic improvements... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry into the Life Coaches industry are low. Low barriers are indicated by the industry's composition, as nearly 75.0% of coaching establishments are sole proprietorships. Operators can often work from a home office, where they conduct phone and video chat coaching sessions. For in-person sessions, coaches often travel to clients' homes or offices, making a vehicle their main capital expense (which is not a major necessity for some coaches in major metropolitan areas). Coaches are not required to have professional certification, but due to the industry's growing participation, those that do have a competitive advantage. Cer.. 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
FinancialExecutivePersonal improvementFamily and relationshipWeight loss and fitness
Industry Activities
Career coachingPersonal improvement coachingFamily and relationship coachingWeight loss and fitness coaching

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