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 | Jun 2016

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
$58bn
Annual Growth 11-16
2.2%
Annual Growth 16-21
Add to Cart
Profit
Add to Cart
Employment
835,329
Businesses
568,883
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 Products Chapter

Reception

The reception segment is expected to comprise 55.4% of wedding services spending in. Catering and other food services are expected to be 21.1% of the average wedding budget, while venue fees will be about 34.3%. The line between food services and venue is blurred in some instances, contributing a heavier weight toward the venue segment because some venues, such as restaurants, also provide food services. The venue segment primarily includes hotels, country clubs, restaurants and religious establishments. Meanwhile, food service providers are mostly caterers.

Due to continued recovery, spending was lower at the start of the five-year period... 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