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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 | Feb 2015

Match made in heaven: Economic recovery will encourage more weddings and greater related spending

IBISWorld’s Wedding Planners market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 10-15
1.5%
Annual Growth 15-20
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Profit
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Employment
13,492
Businesses
12,606
Industry Analysis & Industry Trends

Over the past five years, the Wedding Planners industry has expanded due to stronger economic conditions. Increased disposable incomes are expected to encourage more couples to marry, and to spend more on services related to their weddings. Additionally, increased internet usage has made wedding planners more accessible to clients, decreasing the industry's marketing costs and boosting profit margins. These trends will offset the impact on the industry of changing social norms that have led couples to postpone marriage longer. As the economy continues to strengthen, industry growth is expected to accelerate in the next five years.... purchase to read more

Industry Report - Industry Investment Chapter

The Wedding Planners industry is largely reliant on labor rather than capital investments. As such, the industry has a low level of capital intensity. IBISWorld estimates that for every dollar spent on labor costs, the typical wedding planner dedicates $0.03 to capital equipment. Employees use a limited amount of capital in their day-to-day operations. Industry operators use computers, smartphones and electronic calendars to contact, schedule and communicate events. Still, these devices cannot take the place of human capital and will therefore remain only a small, supplementary component of the planning process... 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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