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Wedding Planners in the US: Market Research Report

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

Wedding Planners Market Research Report | Consumer Goods & Services | Personal Services | Sep 2013

Ring the bells: More couples will get married as the economy recovers

The Wedding Planners market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 08-13
-0.7%
Annual Growth 13-18
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Profit
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Employment
12,642
Businesses
12,010
Industry Analysis & Industry Trends

Operators in the Wedding Planners industry organize and design marriage ceremonies and receptions. Over the five years to 2013, industry revenue has been volatile as consumers experienced financial instability during the economic downturn. Because the Wedding Planners industry is heavily reliant on consumers, the industry ebbs and flows with fluctuations in per capita disposable income and unemployment. As per capita disposable income fell and unemployment shot up, couples either delayed marriage or provided industry services themselves, resulting in less demand for wedding planners. Although IBISWorld expects the industry to decline at an annualized rate of 0.7% to $1.2.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Wedding Planners industry is in the mature stage of its life cycle, indicated by its steady contribution to the US economy (measured through industry value added). Over the 10 years to 2018, IBISWorld forecasts that industry value added (IVA) will grow at an annualized rate of 3.2%, compared to 2.1% annualized growth in GDP. Although the industry is expected to grow at a faster rate than the overall economy, this is not indicative of a growing industry. Rather, the industry started off at a relatively low base due to the significant declines in disposable income and increases in unemployment. The industry is considered to be in the mature stage of its life cycle since the industry's products and markets are well defined and relatively stagnant... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Wedding Planners Industry?

Wedding planners organize and design marriage ceremonies and receptions.

Industry Products
Day-of-coordination servicesConceptualization and designFull coordination servicesMonth of direction
 
Industry Activities
Wedding coordinationManage client's time constraintsManage client's budget


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