Overview and Scope
Wedding services refer to professional services and resources to plan,
organize, and execute a wedding ceremony and reception. These services are
designed to alleviate the stress and responsibilities associated with wedding
planning, allowing couples to focus on enjoying their event.
Sizing and Forecast
The wedding service market size has grown rapidly in recent years. It will grow
from $196.58 billion in 2023 to $219.8 billion in 2024 at a compound annual
growth rate (CAGR) of 11.8%. The growth in the historic period can be
attributed to cultural and religious traditions influencing wedding ceremonies,
social importance and societal expectations around weddings, economic
prosperity and disposable income levels, influence of celebrity weddings,
evolution of wedding fashion and bridal industry.
The wedding service market size is expected to see rapid growth in the next few
years. It will grow to $327.19 billion in 2028 at a compound annual growth rate
(CAGR) of 10.5%. The growth in the forecast
period can be attributed to expansion of wedding-related media and content,
family values and emphasis on ceremonial events, rise of destination weddings,
changing demographics and diverse wedding traditions, personalization and
customization trends in wedding services
. Major trends in the forecast period include technological advancements in
wedding photography and videography, integration of virtual and augmented
reality in wedding planning, focus on sustainability and eco-friendly weddings,
development of ai-driven wedding planning toolsadvances in wedding venue
technology and infrastructure.
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Segmentation & Regional Insights
The wedding service market covered in this report is segmented –
1) By Type: Destination Wedding, Local Wedding
2) By Service Type: Videography And Photography, Catering Services, Decoration
Services, Transport Services, Wedding Planning Services, Other Service Types
3) By Planning Type: Full Planning Services, Partial Planning Services, Day Of
Coordination
4) By Booking Type: Online Booking, Offline Booking
Asia-Pacific was the largest region in the wedding service market in 2023. The
regions covered in the wedding service
market report are Asia-Pacific, Western Europe, Eastern Europe, North
America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increasing number of marriages is expected to propel the growth of the
wedding services market going forward. Marriage is a legally and socially
accepted partnership, usually between a man and a woman, governed by laws,
norms, conventions, beliefs, and attitudes that define the rights and duties of
the partners and give status to their kids. Wedding services support and
improve marriages by providing expertise, reducing stress, providing smooth
coordination, and facilitating a personalized and memorable wedding event. For
instance, in April 2023, according to the Centers for Disease Control and
Prevention, a US-based government agency, the total number of marriages in the
United States increased to 1,985,072 in 2021. Therefore, the increasing number
of marriages will drive the wedding services market.
Key Industry Players
Major companies operating in the wedding service market report are BBJ Linen, Generation Tux,
David Stark Design, Couture Events, Easton Events, Geller Events, Bridal Bliss,
Oren Co, Amorology LLC, LISA VORCE CO, Alison Events, KT Merry, Chic Weddings,
Holly-Kate and Company, Wedding Spot, J.Lemons Events, Genius Eventi S.r.l,
Bash Please, Bluebird Productions, Calder Clark, Michelle Rago Destinations, A
Savvy Event, Calluna Events, Emily Clarke Events, Stefanie Cove and Co., BAQAA
Glamour Weddings and Events, Marcy Blum Associates Inc, Downey Street Events,
Firefly Events, Zest Events.
The wedding service market report table of contents includes:
1. Executive Summary
2. Wedding Service Market
Characteristics
3. Wedding Service Market
Trends And Strategies
4. Wedding Service Market -
Macro Economic Scenario
5. Global Wedding Service
Market Size and Growth
.
32. Global Wedding Service
Market Competitive Benchmarking
33. Global Wedding Service
Market Competitive Dashboard
34. Key Mergers And
Acquisitions In The Wedding Service Market
35. Wedding Service Market
Future Outlook and Potential Analysis
36. Appendix
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