The industry is expanding as a result of a number of factors, including the rising disposable income of Germans, the rise in popularity of destination weddings, and the rising number of weddings in Germany. The rising number of weddings in Germany is one of the major market factors.
Germany has seen a steady increase in the number of weddings in recent years, and this trend is anticipated to continue in the years to come. This is brought on by a number of elements, such as the expanding population of Germany, the rise in the number of engaged couples, and the popularity of destination weddings. The high cost of weddings in Germany is one of the main market inhibitors.
Due to the high cost of weddings in Germany, some couples choose not to be married. Couples are becoming more and more eager to spend more money on their weddings, but the high cost of weddings is also a factor that is fueling the market's expansion. The industry is expanding as a result of a number of factors, including the rising disposable income of Germans, the rise in popularity of destination weddings, and the rising number of weddings in Germany. The exorbitant expense of weddings and the scarcity of experienced wedding planners, however, are two major market barriers.
By Planning Type, the Full Planning Services segment held the major share of the market in 2020.
By Planning Type
The report is analyzed by booking type, which includes online booking and offline booking. The report further segments the market on the basis of planning type such as full planning service, partial planning services and day of coordination. Based on service type, the market is further classified into videography/photography services, catering services, decoration services, transport services, wedding planning services and others. On the basis of wedding type, the Wedding services market share is bifurcated into destination wedding and local wedding.
By Service Type
The Catering Services segment is anticipated to grow at a fastest CAGR during the forecast period.
Key companies profiled in the report are The Wedding Planner Germany, TrauDich!, Hochzeitsplaner Agency, Wedding Angels, Marry Me, WeddingConcept, Wedding Deluxe, My Dream Wedding, Perfect Day Weddings, Yes I Do Wedding Planning
By Type
The Local Wedding segment dominated the market in 2020, and is also anticipated to be lucrative during the forecast period.
Key Benefits for Stakeholders
- Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
- Analyze the key strategies adopted by major market players in Germany wedding services market.
- Assess and rank the top factors that are expected to affect the growth of Germany wedding services market.
- Top Player positioning provides a clear understanding of the present position of market players.
- Detailed analysis of the Germany wedding services market segmentation assists to determine the prevailing market opportunities.
- Identify key investment pockets for various offerings in the market.
Germany Wedding Services Market Report Highlights
Aspects | Details |
Forecast period | 2020 - 2030 |
Report Pages | 81 |
By Service Type |
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By Planning Type |
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By Type |
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By Booking Type |
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Key Market Players | The Wedding Planner Germany, TrauDich!, Perfect Day Weddings, Marry Me, WeddingConcept, Hochzeitsplaner Agency, My Dream Wedding, Wedding Deluxe, Wedding Angels, Yes I Do Wedding Planning |
The Germany Wedding Services Market is estimated to reach $8 billion by 2030
Wedding Planners, Photographers, Caterers, Florists, Wedding Gown Retailers, Disc Jockeys, Rentals & Suppliers, Venues, Videographers, Musicians. are the leading players in Germany Wedding Services Market
1. Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
2. Analyze the key strategies adopted by major market players in germany wedding services market.
3. Assess and rank the top factors that are expected to affect the growth of germany wedding services market.
4. Top Player positioning provides a clear understanding of the present position of market players.
5. Detailed analysis of the germany wedding services market segmentation assists to determine the prevailing market opportunities.
6. Identify key investment pockets for various offerings in the market.
Germany Wedding Services Market is classified as by service type, by planning type, by type, by booking type
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