The market for U.S. wedding services is a highly profitable and varied industry that serves engaged couples and their wedding events. It provides a wide array of services, encompassing wedding planning, venue choices, catering, photography, and floral arrangements. This industry is witnessing notable expansion driven by the rising desire for customized and distinctive weddings.
Couples are seeking customized experiences that align with their unique preferences, driving the need for specialized wedding services. Another significant growth driver is the rising popularity of destination weddings. Couples are opting for exotic or picturesque locations for their weddings, necessitating a range of services tailored specifically for destination weddings. Moreover, the market presents opportunities with the increasing demand for personalized and unique weddings.
By Booking Type
The Offline Booking segment dominated the market in 2020, and is also anticipated to be lucrative during the forecast period.
Businesses offering creative and customized services tailored to the preferences of couples will stand out in the competitive landscape. The emerging trend of eco-friendly and sustainable weddings presents a niche for service providers to offer environmentally conscious options. This may include sustainable catering, eco-friendly decorations, and carbon-neutral transportation, which appeal to couples who prioritize sustainability in their wedding planning. Furthermore, the growing multicultural population in the U.S. has created a demand for wedding services that cater to diverse cultural traditions and customs.
By Planning Type
The Full Planning Services segment is anticipated to grow at a fastest CAGR during the forecast period.
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
By Service Type, the Decoration Services segment held the major share of the market in 2020.
Key companies profiled in the report are The Knot, WeddingWire, Zola, David's Bridal, Macy's, Walmart, Etsy, House of Brides, AdoramaPix, Minted.
By Type
The Local Wedding segment is anticipated to grow at a fastest CAGR during the forecast period.
Key Benefits for Stakeholders
- Enable informed decision-making process and offer market analysis based on the current market situation and estimated future trends.
- Analyze the key strategies adopted by major market players in the U.S. wedding services market.
- Assess and rank the top factors that are expected to affect the growth of the U.S. wedding services market.
- Top Player positioning provides a clear understanding of the present position of market players.
- Detailed analysis of the U.S. wedding services market segmentation assists to determine the prevailing market opportunities.
- Identify key investment pockets for various offerings in the market.
U.S. Wedding Services Market Report Highlights
Aspects | Details |
Forecast period | 2020 - 2030 |
Report Pages | 89 |
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 | Etsy, David's Bridal, Zola, House of Brides, Minted, The Knot, Macy's, WeddingWire, Walmart, AdoramaPix |
The U.S. Wedding Services Market is projected to grow at a CAGR of 3.8% from 2020 to 2030
The Knot, WeddingWire, Zola, David's Bridal, Macy's, Walmart, Etsy, House of Brides, AdoramaPix, Minted are the leading players in U.S. 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 u.s. wedding services market.
3. Assess and rank the top factors that are expected to affect the growth of u.s. wedding services market.
4. Top Player positioning provides a clear understanding of the present position of market players.
5. Detailed analysis of the u.s. wedding services market segmentation assists to determine the prevailing market opportunities.
6. Identify key investment pockets for various offerings in the market.
U.S. Wedding Services Market is classified as by service type, by planning type, by type, by booking type
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