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 Locations Chapter
The Wedding Planners industry is highly fragmented and largely distributed proportionally with population in the United States. In 2015, the Southeast is expected to hold the most industry establishments of any region, at 29.7% of the total. New England and the Rocky Mountains are expected to hold the least, at 4.4% each.
The Southeast region is expected to have 29.7% of industry establishments in 2015. This region also includes the state with the most establishments, Florida, which has an estimated 13.7% of industry establishments. States like Florida are population destination wedding locations. Locations such as Disney World are very popular for weddings, which is why the number of establishment outpaces the proportion of population located in the region... purchase to read more