Product Code: IRTNTR80061
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:
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 4.9% |
CAGR | 5.44% |
Incremental Value | $125 bn |
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.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Service
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
- 3.3 Value chain analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.3 Market size 2023
- 4.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
5 Historic Market Size
- 5.1 Global Wedding Services Market 2018 - 2022
- Historic Market Size - Data Table on Global Wedding Services Market 2018 - 2022 ($ billion)
- 5.2 Service segment analysis 2018 - 2022
- Historic Market Size - Service Segment 2018 - 2022 ($ billion)
- 5.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ billion)
- 5.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
- 5.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ billion)
6 Qualitative Analysis
- 6.1 Impact of AI in the Global Wedding Services Market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 7.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Service
- 8.1 Market segments
- Chart on Service - Market share 2023-2028 (%)
- Data Table on Service - Market share 2023-2028 (%)
- 8.2 Comparison by Service
- Chart on Comparison by Service
- Data Table on Comparison by Service
- 8.3 Catering service - Market size and forecast 2023-2028
- Chart on Catering service - Market size and forecast 2023-2028 ($ billion)
- Data Table on Catering service - Market size and forecast 2023-2028 ($ billion)
- Chart on Catering service - Year-over-year growth 2023-2028 (%)
- Data Table on Catering service - Year-over-year growth 2023-2028 (%)
- 8.4 Gift service - Market size and forecast 2023-2028
- Chart on Gift service - Market size and forecast 2023-2028 ($ billion)
- Data Table on Gift service - Market size and forecast 2023-2028 ($ billion)
- Chart on Gift service - Year-over-year growth 2023-2028 (%)
- Data Table on Gift service - Year-over-year growth 2023-2028 (%)
- 8.5 Decoration - Market size and forecast 2023-2028
- Chart on Decoration - Market size and forecast 2023-2028 ($ billion)
- Data Table on Decoration - Market size and forecast 2023-2028 ($ billion)
- Chart on Decoration - Year-over-year growth 2023-2028 (%)
- Data Table on Decoration - Year-over-year growth 2023-2028 (%)
- 8.6 Event planning - Market size and forecast 2023-2028
- Chart on Event planning - Market size and forecast 2023-2028 ($ billion)
- Data Table on Event planning - Market size and forecast 2023-2028 ($ billion)
- Chart on Event planning - Year-over-year growth 2023-2028 (%)
- Data Table on Event planning - Year-over-year growth 2023-2028 (%)
- 8.7 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
- 8.8 Market opportunity by Service
- Market opportunity by Service ($ billion)
- Data Table on Market opportunity by Service ($ billion)
9 Market Segmentation by Type
- 9.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
- 9.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 9.3 Local wedding - Market size and forecast 2023-2028
- Chart on Local wedding - Market size and forecast 2023-2028 ($ billion)
- Data Table on Local wedding - Market size and forecast 2023-2028 ($ billion)
- Chart on Local wedding - Year-over-year growth 2023-2028 (%)
- Data Table on Local wedding - Year-over-year growth 2023-2028 (%)
- 9.4 Destination wedding - Market size and forecast 2023-2028
- Chart on Destination wedding - Market size and forecast 2023-2028 ($ billion)
- Data Table on Destination wedding - Market size and forecast 2023-2028 ($ billion)
- Chart on Destination wedding - Year-over-year growth 2023-2028 (%)
- Data Table on Destination wedding - Year-over-year growth 2023-2028 (%)
- 9.5 Market opportunity by Type
- Market opportunity by Type ($ billion)
- Data Table on Market opportunity by Type ($ billion)
10 Customer Landscape
- 10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
- 11.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 11.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 11.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 11.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 11.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 11.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 11.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 11.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 11.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ billion)
- Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 11.10 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ billion)
- Data Table on India - Market size and forecast 2023-2028 ($ billion)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
- 11.11 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ billion)
- Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 11.12 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
- 11.13 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 11.14 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 11.15 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ billion)
- Data Table on France - Market size and forecast 2023-2028 ($ billion)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
- 11.16 Italy - Market size and forecast 2023-2028
- Chart on Italy - Market size and forecast 2023-2028 ($ billion)
- Data Table on Italy - Market size and forecast 2023-2028 ($ billion)
- Chart on Italy - Year-over-year growth 2023-2028 (%)
- Data Table on Italy - Year-over-year growth 2023-2028 (%)
- 11.17 South Korea - Market size and forecast 2023-2028
- Chart on South Korea - Market size and forecast 2023-2028 ($ billion)
- Data Table on South Korea - Market size and forecast 2023-2028 ($ billion)
- Chart on South Korea - Year-over-year growth 2023-2028 (%)
- Data Table on South Korea - Year-over-year growth 2023-2028 (%)
- 11.18 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ billion)
- Data Tables on Market opportunity By Geographical Landscape ($ billion)
12 Drivers, Challenges, and Opportunity/Restraints
- 12.1 Market drivers
- 12.2 Market challenges
- 12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 12.4 Market opportunities/restraints
13 Competitive Landscape
- 13.1 Overview
- 13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 13.3 Landscape disruption
- Overview on factors of disruption
- 13.4 Industry risks
- Impact of key risks on business
14 Competitive Analysis
- 14.1 Companies profiled
- 14.2 Company ranking index
- 14.3 Market positioning of companies
- Matrix on companies position and classification
- 7x Weddings Pvt. Ltd.
- 7x Weddings Pvt. Ltd. - Overview
- 7x Weddings Pvt. Ltd. - Product / Service
- 7x Weddings Pvt. Ltd. - Key offerings
- SWOT
- 14.5 A Charming Fete
- A Charming Fete - Overview
- A Charming Fete - Product / Service
- A Charming Fete - Key offerings
- SWOT
- 14.6 Augusta Wedding Planning
- Augusta Wedding Planning - Overview
- Augusta Wedding Planning - Product / Service
- Augusta Wedding Planning - Key offerings
- SWOT
- 14.7 Colin Cowie Lifestyle
- Colin Cowie Lifestyle - Overview
- Colin Cowie Lifestyle - Product / Service
- Colin Cowie Lifestyle - Key offerings
- SWOT
- 14.8 David Stark Design
- David Stark Design - Overview
- David Stark Design - Product / Service
- David Stark Design - Key offerings
- SWOT
- 14.9 EVENTURES
- EVENTURES - Overview
- EVENTURES - Product / Service
- EVENTURES - Key offerings
- SWOT
- 14.10 Fallon carter
- Fallon carter - Overview
- Fallon carter - Product / Service
- Fallon carter - Key offerings
- SWOT
- 14.11 JZ Events
- JZ Events - Overview
- JZ Events - Product / Service
- JZ Events - Key offerings
- SWOT
- 14.12 Lindsay Landman Events
- Lindsay Landman Events - Overview
- Lindsay Landman Events - Product / Service
- Lindsay Landman Events - Key offerings
- SWOT
- 14.13 Marry Me Wedding Planners Private Ltd.
- Marry Me Wedding Planners Private Ltd. - Overview
- Marry Me Wedding Planners Private Ltd. - Product / Service
- Marry Me Wedding Planners Private Ltd. - Key offerings
- SWOT
- 14.14 Nordic Adventure
- Nordic Adventure - Overview
- Nordic Adventure - Product / Service
- Nordic Adventure - Key offerings
- SWOT
- 14.15 Shaadi Squad
- Shaadi Squad - Overview
- Shaadi Squad - Product / Service
- Shaadi Squad - Key offerings
- SWOT
- 14.16 Tamarind Global
- Tamarind Global - Overview
- Tamarind Global - Product / Service
- Tamarind Global - Key offerings
- SWOT
- 14.17 VIP Hosting
- VIP Hosting - Overview
- VIP Hosting - Product / Service
- VIP Hosting - Key offerings
- SWOT
- 14.18 WeddingSutra.com India Pvt. Ltd
- WeddingSutra.com India Pvt. Ltd - Overview
- WeddingSutra.com India Pvt. Ltd - Product / Service
- WeddingSutra.com India Pvt. Ltd - Key offerings
- SWOT
15 Appendix
- 15.1 Scope of the report
- 15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 15.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 15.4 Research methodology
- 15.5 Data procurement
- 15.6 Data validation
- 15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 15.8 Data synthesis
- Data synthesis
- 360 degree market analysis
- 360 degree market analysis
- 15.10 List of abbreviations