Research says 2024 is going to be the year of engagements.
According to research by a huge jewelry retailer published by Brides.com, 2.5 million proposals will happen this year. Moreover, these numbers will continue to soar for the next three years.
Using quantitative research studies and public data, including statistics on real estate, banking, and even pet adoption, jewelry experts were able to distinguish relationship patterns.
Their data shows that there are identified 45 milestones that indicate how a relationship progresses, from dating to engagement. Once a pair hits 25 to 30 of those milestones, they are more likely to get engaged.
Moreover, many single people are now eager to meet with those of the same relationship status, causing love stories to blossom once more.
According to jewelry experts, there was a huge decline in dating couples between 2020 and 2021, thanks to the pandemic. They believe that this decline caused an “engagement gap.”
Usually, couples date for about two and a half to five years before getting engaged. Because the younger generation could not form connections during the pandemic, the number of marriage proposals also decreased.
But after the world moved on from the pandemic, everyone has been more than eager to return to their previous lifestyles. Single people are ready to mingle once again.
Combining all this information, these experts were able to assert that this year is the time for more families to start.
