Global Wedding Services Market 2024-2028
The wedding services market is forecasted to grow by USD 125 bn during 2023-2028, accelerating at a CAGR of 5.44% during the forecast period. The report on the wedding services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased spending on weddings, increasing adoption of multichannel marketing strategies, and increased demand for personalized gift in wedding.
Technavio's wedding services market is segmented as below:
- By Service
- Catering service
- Gift service
- Decoration
- Event planning
- Others
- By Type
- Local wedding
- Destination wedding
- By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increase in smartphone momentum as one of the prime reasons driving the wedding services market growth during the next few years. Also, introduction of new food menus by wedding service providers and ease of accessibility of online on-demand wedding services will lead to sizable demand in the market.
The report on the wedding services market covers the following areas:
- Wedding services market sizing
- Wedding services market forecast
- Wedding services market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wedding services market vendors that include 7x Weddings Pvt. Ltd., A Charming Fete, Augusta Wedding Planning, Bridal Bliss Inc., Colin Cowie Lifestyle, David Stark Design, Deer Creek Valley Ranch Management LLC, EVENTURES, Fallon carter, Joy Inc., JZ Events, Lindsay Landman Events, Marry Me Wedding Planners Private Ltd., Nordic Adventure, Panache Events Pvt Ltd., Shaadi Squad, SK Jaipur Decoration, Tamarind Global , VIP Hosting, WeddingSutra.com India Pvt. Ltd, Zola Inc., and Zzeeh Events and Weddings. Also, the wedding services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.