SEARCH   
MEMBER LOGIN    

Wedding Services in the US: Market Research Report

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

Wedding Services Market Research Report | NAICS NN006 | Sep 2015

Tying the knot: Wedding-related activity will rebound as postponed nuptials are planned

IBISWorld’s Wedding Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$60bn
Annual Growth 10-15
2.2%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
Employment
913,559
Businesses
584,030
Industry Analysis & Industry Trends

Over the past five years, many economic and consumer trends acted against the Wedding Services industry. High unemployment reduced budgets for weddings and led to postponed nuptials; many individuals returned to school during the downturn. In addition, longer engagements, cohabitation before marriage and a higher average marriage age all became more acceptable, pushing the marriage rate down. Although some of these trends will linger, nuptials that were postponed will finally be planned and consumer spending on weddings will grow... purchase to read more

Industry Report - Industry Key Buyers Chapter

There are no identifiable major players in this industry and the top four players account for less than 5.0% of industry revenue. The Wedding Services industry is extremely fragmented because it is composed of a wide variety of highly specialized vendors, including florists, venue providers and bridal gown retailers.

There are some venues that offer wedding packages with a majority of services included. However, most of these venues have only one location and still outsource to small businesses for these services. Many of these venues are located in Las Vegas, which is known for eloping or where some couples decide to have a spur of the moment ceremony because there is no waiting period in Nevada after receiving a marriage license... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Wedding Services Industry?

This industry is broadly defined to include day-of wedding service providers, apparel retailers and venues. Wedding coordinators are also included because they execute many responsibilities on the day of the event. The industry, however, excludes honeymoon expenses.

Industry Products
Ceremony and reception venuesFood and drink servicesAttire and accessoriesPhotographyFlowersCoordinators
 
Industry Activities
Providing wedding coordinatingProviding ceremony and reception hostingProviding wedding cateringProviding wedding apparel retailingProviding wedding photographyProviding flower arranging Providing jewelry design and retailingProviding town car and limousine rentalProviding live or recorded music performancesProviding hair and make-up application


View Sample
Quote
Select Clients