Wedding Planning Market Report 2024 (Global Edition)

Global Wedding Planning Market Report 2024 Market Size Split by Planning (Full Planning Services, Partial Planning Services, Day Of Coordination), by Service (Videography And Photography, Catering Ser...

Wedding Planning Market Report Description

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Wedding Planning Market Insights Video

Competitive Landscape of the Wedding Planning Market

The competitive landscape of the Wedding Planning Market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized Wedding Planning companies, and emerging start-ups aiming to disrupt the market with innovative solutions.

Top Companies Market Share in Wedding Planning Industry: (In no particular order of Rank)

• Colin Cowie (USA)
• Fallon Carter (USA)
• Eventures Asia (Bali)
• David Stark (USA)
• JZ Events (USA))
• Lisa Vorce (USA)
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Wedding Planning Market

Which Region Dominates the Wedding Planning Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounts for around 40% of the global revenue because destination weddings are becoming more and more popular, but they do take more organization and planning. This has increased the need for wedding coordinators who can assist in handling the details of a wedding that takes place outside of the couple's homeland. More and more couples are choosing elaborate ceremonies and personalizing their weddings. Due to this trend, there is a growing need for wedding coordinators who can assist couples in creating a special and unforgettable day. Due to their hectic schedules, today's couples might not have the time or energy to organize their wedding. By handling all the minutiae, wedding planners provide a priceless service that lets couples unwind and enjoy the planning process.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Wedding Planning Market due to several compelling reasons. In Asia Pacific, getting married is usually considered a significant event that involves lavish rituals and celebrations. Wedding planning services are in high demand because of their cultural significance. In Asia Pacific, the middle class is expanding, giving couples more disposable income for their weddings. This enables them to spend money on high-end services and wedding planners with experience.

 

The current report Scope analyzes Wedding Planning Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Wedding Planning

According to Cognitive Market Research, the global Wedding Planning Market size was estimated at USD 295815.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 118326.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.8% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Wedding Planning Market with a market size of USD 93359.28 million in 2024 and is projected to grow at a CAGR of 13.6% during the forecast period. A variety of full-service planners, partial planning services, and day-of coordinating alternatives are available in the US market.
• The Canada Wedding Planning Market had a market share of USD 14199.13 million in 2024 and is projected to grow at a CAGR of 14.6% during the forecast period. In Canada, offline booking is still the most common option despite an increase in online booking.
• The Mexico Wedding Planning Market is projected to witness growth at a CAGR of 14.3% during the forecast period, with a market size of USD 10767.67 million in 2024.

Europe Wedding Planning

According to Cognitive Market Research, the global Wedding Planning Market size was estimated at USD 295815.2 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 88744.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.1% from 2024 to 2031.

• The United Kingdom Wedding Planning Market had a market share of USD 14909.09 million in 2024 and is projected to grow at a CAGR of 14.9% during the forecast period. Full-service wedding planning is in high demand as more couples look for assistance with every facet of their wedding, from choosing a location to coordinating vendors..
• The France Wedding Planning Market is projected to witness growth at a CAGR of 13.3% during the forecast period, with a market size of USD 8164.50 million in 2024.
• According to Cognitive Market Research, the Germany Wedding Planning Market size was valued at USD 17571.42 million in 2024 and is projected to grow at a CAGR of 14.3% during the forecast period. In Germany, the wedding planning industry is a sizable and expanding one. With demand for greener weddings rising and destination weddings becoming more and more popular.
• The Italy Wedding Planning Market is projected to witness growth at a CAGR of 13.5% during the forecast period, with a market size of USD 7632.03 million in 2024.
• The Russia Wedding Planning Market is projected to witness growth at a CAGR of 13.1% during the forecast period, with a market size of USD 13755.41 million in 2024.
• The Spain Wedding Planning Market is projected to witness growth at a CAGR of 13.2% during the forecast period, with a market size of USD 7277.05 million in 2024
• The Luxembourg Wedding Planning Market is projected to witness growth at a CAGR of 14.2% during the forecast period, with a market size of USD 2751.08 million in 2024.
• The Portugal Wedding Planning Market is projected to witness growth at a CAGR of 13.9% during the forecast period, with a market size of USD 1863.64 million in 2024.
• The Greece Wedding Planning Market is projected to witness growth at a CAGR of 14.4% during the forecast period, with a market size of USD 1064.93 million in 2024.
• Rest of Europe's Wedding Planning Market is projected to witness growth at a CAGR of 12.8% during the forecast period, with a market size of USD 13755.41 million in 2024.

Asia Pacific Wedding Planning

According to Cognitive Market Research, the global Wedding Planning Market size was estimated at USD 295815.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 68037.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.6% from 2024 to 2031.

• According to Cognitive Market Research, the China Wedding Planning Market size was valued at USD 30616.87 million in 2024 and is projected to grow at a CAGR of 17.1% during the forecast period. Chinese couples are marrying on beaches in Southeast Asia and other far-flung places at an increasing rate.
• The Japan Wedding Planning Market is projected to witness growth at a CAGR of 16.1% during the forecast period, with a market size of USD 9389.17 million in 2024.
• The India Wedding Planning Market had a market share of USD 8164.50 million in 2024 and is projected to grow at a CAGR of 19.4% during the forecast period. There are wedding planners in India for every taste and price range, from full-service coordinators who oversee every detail to boutique coordinators who focus on particular elements like décor or entertainment.
• The South Korea Wedding Planning Market is projected to witness growth at a CAGR of 16.7% during the forecast period, with a market size of USD 6803.75 million in 2024.
• The Australia Wedding Planning Market is projected to witness growth at a CAGR of 17.3% during the forecast period, with a market size of USD 3537.95 million in 2024.
• The South East Asia Wedding Planning Market is projected to witness growth at a CAGR of 18.6% during the forecast period, with a market size of USD 4694.59 million in 2024.
• The Rest of the Asia Pacific Wedding Planning Market is projected to witness growth at a CAGR of 17.4% during the forecast period, with a market size of USD 4830.66 million in 2024.

South America Wedding Planning

According to Cognitive Market Research, the global Wedding Planning Market size was estimated at USD 295815.2 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 14790.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.0% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Wedding Planning Market size was valued at USD 6330.45 million in 2024 and is projected to grow at a CAGR of 15.6% during the forecast period. In Brazil, weddings are extremely important to the culture, and couples and families frequently spend a lot of money celebrating.
• Argentina's Wedding Planning Market had a market share of USD 2484.85 million in 2024 and is projected to grow at a CAGR of 15.9% during the forecast period. Argentina is a well-liked option for couples seeking an unforgettable wedding experience because of its breathtaking landscape, mouthwatering cuisine, and vibrant culture.
• Colombia Wedding Planning Market is projected to witness growth at a CAGR of 14.8% during the forecast period, with a market size of USD 1316.38 million in 2024.
• Peru Wedding Planning Market is projected to witness growth at a CAGR of 15.2% during the forecast period, with a market size of USD 1212.84 million in 2024.
• Chile Wedding Planning Market is projected to witness growth at a CAGR of 15.3% during the forecast period, with a market size of USD 1064.93 million in 2024.
• The Rest of Latin America Wedding Planning Market is projected to witness growth at a CAGR of 14.1% during the forecast period with a market size of USD 2381.31 million in 2024.

Middle East and Africa Wedding Planning

According to Cognitive Market Research, the global Wedding Planning Market size was estimated at USD 295815.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 5916.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.3% from 2024 to 2031.

• The GCC Countries Wedding Planning Market is projected to witness growth at a CAGR of 16.1% during the forecast period, with a market size of USD 2532.18 million in 2024. There is a growing trend among couples to seek out exceptional and opulent wedding experiences. This could take the form of a reception at an opulent hotel or a private beach wedding.
• The Egypt Wedding Planning Market is projected to witness growth at a CAGR of 15.6% during the forecast period, with a market size of USD 621.21 million in 2024.
• The South Africa Wedding Planning Market is projected to witness growth at a CAGR of 16.3% during the forecast period, with a market size of USD 934.78 million in 2024. Destination weddings are becoming more and more common in South Africa (think winelands, beaches, safari locations).
• The Turkey Wedding Planning Market is projected to witness growth at a CAGR of 14.8% during the forecast period, with a market size of USD 508.80 million in 2024.
• The Nigeria Wedding Planning Market is projected to witness growth at a CAGR of 14.4% during the forecast period, with a market size of USD 621.21 million in 2024.
• The Rest of the MEA Wedding Planning Market is projected to witness growth at a CAGR of 14.3% during the forecast period, with a market size of USD 698.12 million in 2024.

Wedding Planning Market Analysis

Wedding Planning Market Planning Type Segment Analysis

According to Cognitive Market Research, Full Planning Service stands out as the dominating category. Having a professional manage everything is appreciated by busy couples or those who are not accustomed to wedding planning. Wedding coordinators are equipped with the skills and contacts necessary to negotiate prices and choose the best suppliers. Because planners handle all the technicalities, couples can unwind and enjoy the planning process. Full-service planners can design a wedding that showcases the couple's distinct tastes and style.

Day Of Coordination emerges as the fastest-growing category in the Wedding Planning Market. Though it is a well-liked service, complete planning appears to be becoming more common. This implies that throughout the engagement, a planner handles every detail, from vendor management to venue selection. Couples choosing destination weddings, which call for specific planning, are doing so due to rising disposable incomes and a desire for distinctive experiences. Show promise for the quickest growth because of the demand for unique, stress-free wedding experiences. It continues to be a well-liked and in-demand service, although its growth may not be as rapid as that of complete planning. Another great candidate for the category with the quickest growth rate because of the trend for unique experiences.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Wedding Planning Industry. Request a Free Sample PDF!

Wedding Planning Market Service Segment Analysis

According to Cognitive Market Research, the dominating category is Catering Services. Every celebration needs food, and weddings are no different. A delicious dinner may keep guests satisfied and help create the mood for the occasion. Organizing catering for a big wedding may be challenging. A couple's budget, dietary requirements, and the amount of guests are just a few of the things that caterers must consider. A sit-down meal is a popular option for weddings, and it calls for a large quantity of food and service.

The fastest-growing category in the Wedding Planning Market is Integrated. The goal of capturing priceless moments from their wedding day is to share them with close friends and family. The increasing popularity of destination weddings and distinctive wedding experiences has led to a need for superior visual records. Cinematic editing and drone footage are two creative alternatives made possible by technological improvements.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Wedding Planning Type Segment Analysis

According to Cognitive Market Research, the dominating category is Local Wedding. The process of organizing a wedding at a local location is known as local wedding planning. It entails setting up every necessary thing, including choosing vendors, making reservations, and decorating the venue. In order for people to conveniently attend the event, the required arrangements must also be made. Making sure that couples and guests have an unforgettable time at the wedding is the goal of local wedding planning.

The fastest-growing category in the Wedding Planning Market is Destination Wedding. The process of organizing a wedding at a far-flung location, which calls for specific care and services to guarantee that the couple and their guests have a hassle-free celebration, is known as destination wedding planning. Travel, venue selection, décor, guest accommodations and activities, and other occasion-specific requirements are all part of the planning process.

• Destination Wedding
• Local Wedding

Wedding Planning Booking Segment Analysis

According to Cognitive Market Research, the dominating category is Offline Booking. This implies that couples who want to hire wedding planners typically do it through in-person consultations and conventional ways. Meeting wedding planners in person allows couples to establish a personal connection, go over their vision in detail, and view samples of their previous work. Couples can customize packages and ask specific questions during offline consultations, which offer a more individualized experience.

The fastest-growing category in the Wedding Planning Market is Online Booking. The wedding planning market's fastest-growing category is online booking. Couples are using online booking platforms because of their convenience, increased vendor selection, and simplicity in comparing prices. Even if booking online has benefits, it's crucial to remember that for some services, couples may still prefer the in-person experience.

• Online Booking
• Offline Booking

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

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Profile

An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile & Transportation vertical.

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