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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

IBISWorld’s Wedding Planners 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
$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 Products Chapter

Day-of-coordination services

The majority of couples that opt to hire a wedding planner pay for day-of-coordination services. These services are purchased in order to ensure the smooth running of wedding activities only on the date of the wedding. According to the latest survey from industry affiliate The Knot, about 51.0% of couples hire wedding planners for these services. Due to the multifaceted nature of running a wedding, couples typically are too busy on the day-of the event to oversee the various vendors and activities. Consequently, couples continue to hire wedding planners to oversee their events. Demand for this segment has remained steady in the five years to 2013... 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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