The rising popularity of destination weddings in Mexico is one of the major factors driving the market for wedding services there. Mexico is a well-liked location for weddings because of its stunning beaches, vibrant culture, and reasonable costs. The Mexican government has also made it simpler for foreigners to get married in Mexico, which has aided in the market's expansion. The increased disposable incomes of Mexicans are another factor promoting market expansion.
Mexicans have become increasingly willing to spend money on their weddings as their earnings have grown. High-end wedding services like catering, photography, and wedding preparation are now more in demand as a result of this. The shaky Mexican economy is one of the factors limiting the market's expansion for wedding services. Some couples are apprehensive to arrange weddings in Mexico due to the country's unstable economy in recent years.
The market for wedding services in Mexico is anticipated to expand in the years ahead despite these constraints. The market is anticipated to be driven by three factors: the rising disposable income of Mexicans, the expanding number of foreign weddings held in Mexico, and the rising popularity of destination weddings in Mexico.
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.
Key companies profiled in the report are Grupo Kazzula, Hotelsa America, Passion Wedding Planners, Aldea Events & Weddings, Kazzul Weddings & Events, Cabo Floral Studio, Maya Weddings & Events, Casa de Abeto BY Mario Chavez, Luxury Weddings, Luna y Mar Ceremonies
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 Mexico wedding services market.
- Assess and rank the top factors that are expected to affect the growth of Mexico wedding services market.
- Top Player positioning provides a clear understanding of the present position of market players.
- Detailed analysis of the Mexico wedding services market segmentation assists to determine the prevailing market opportunities.
- Identify key investment pockets for various offerings in the market.
Mexico Wedding Services Market Report Highlights
Aspects | Details |
Forecast period | 2020 - 2030 |
Report Pages | 72 |
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 | Casa de Abeto BY Mario Chavez, Aldea Events & Weddings, Cabo Floral Studio, Maya Weddings & Events, Luxury Weddings, Luna y Mar Ceremonies, Kazzul Weddings & Events, Grupo Kazzula, Hotelsa America, Passion Wedding Planners |
The Mexico Wedding Services Market is estimated to reach $3 billion by 2030
Grupo Kazzula, Hotelsa America, Passion Wedding Planners, Aldea Events & Weddings, Kazzul Weddings & Events, Cabo Floral Studio, Maya Weddings & Events, Casa de Abeto BY Mario Chavez, Luxury Weddings, Luna y Mar Ceremonies are the leading players in Mexico 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 mexico wedding services market.
3. Assess and rank the top factors that are expected to affect the growth of mexico wedding services market.
4. Top Player positioning provides a clear understanding of the present position of market players.
5. Detailed analysis of the mexico wedding services market segmentation assists to determine the prevailing market opportunities.
6. Identify key investment pockets for various offerings in the market.
Mexico Wedding Services Market is classified as by service type, by planning type, by type, by booking type
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