The wedding industry is composed of a variety of sub-group service establishments that work cooperatively to create a wedding event these wedding industry sub-groups may include: wedding invitations, bakeries for the wedding cake, jewelers for wedding rings, event transportation, event photography and/or videography, wedding planning services, formal wedding attire, wedding locations, banquet. The wedding report with over 400 wedding statistics per market you'll have access to the #1 source of un-biased wedding statistics in the world wedding data available wedding data from 2008 to 2022 for 59 products and services in 10 categories. Wedding planning is an ever popular industry and one of the most searched guides on our website as such, we want to provide you with a current industry overview, trends and challenges as well as provide some research resources for those interested in the wedding planning business. Image caption the indian wedding industry is thought to be worth over $25bn as families get smaller and more distant, wedding planning too has changed without access to the vast array of aunts. Wedding planning websites have replaced uncles and aunts as event managers of the big fat indian wedding, a recession-proof industry, estimated to be around $40-50 billion in size.
Become the local expert on wedding planning by writing articles and making appearances on television and radio these outlets are starving for original content ideas, and if you can pitch a great segment, they will be happy to give you exposure. If you are extremely organized and have a strong attention to detail, a career in the wedding and event planning industry might be right for you. Brides, published by condé nast, is the number one bridal brand and has been conducting the american wedding study, a survey of engaged and newlywed women, for over 20 years it shares key. Wedding market summit lebanon, tennessee april 18, 2018 0 photos by details nashville the wedding market summit took place at the estate at cherokee dock in lebanon, tn the former home of reba mcentire on april 3rd and 4th this month.
Ken research announced its latest publication on “india wedding market outlook to 2020-focus on online matchmaking and wedding planning segment”which provides a comprehensive analysis of the wedding industry in india. The total us industry market size for commercial photography: industry statistics cover all companies in the united states, both public and private, ranging in size from small businesses to market leaders in addition to revenue, the industry market analysis shows information on employees, companies, and average firm size. Smartphone users in india 2015-2022 identify top companies for sales and analysis purposes market studies wedding industry in the united states - share of revenue-generating areas in a. Pestle analysis for your service business the pestle acronym stands for p olitical, e conomic, s ocial, t echnological, l egal, and e nvironmental factors, and through a pestle analysis you unearth and record the various factors in these categories that may have an impact on your business.
Horras 3 overall industry growth: the popularity of televised celebrity weddings, reality television programs depicting the various stages of wedding planning, and wedding-specific social media outlets have provided the. A swot analysis is a helpful tool in which examine key characteristics of your business this is a strategic analysis that is done in all businesses of all sizes: small sole. Wedding planning industry wedding planning industry – india october 2011 executive summary market indian i1 industry has been growing steadily and is expected to observe strong growth in future wedding planning market is a sub‐segment of the i1 industry and enjoys an annual growth rate of x1 stage 1, stage 2 and stage 3 forms the 3 stages of management that sets an event successful stage.
The report thoroughly identifies the information regarding the wedding planning and its functions, business description of the wedding planning, requirements of customers regarding wedding event, scope of business, targeted customers, market analysis, porter’s 5 forces model, marketing strategies, and financial feasibility associated with the. Events market research reports and industry analysis examine events market and events related services worldwide key metrics are identified and measured to examine market strategies, opportunities and trends within the events market. Here is a quick swot analysis for your event planning business and a look at the green meetings / sustainable events opportunity: strength the projected growth rate for the event planning marketplace is significant (eg 44% growth in its labor market by 2020 . The report titled india wedding market outlook to 2020 - focus on online matchmaking and wedding planning segment provides a comprehensive analysis of various aspects such as market size of india wedding market the report mainly covers two main segments such as matchmaking and wedding planning.
Indian wedding industry averages only limited in its analysis of indian wedding rituals (kolenda, 1984) similarly, there a cross-cultural study of weddings through media and ritual: analyzing indian and north american weddings gvsu mcnair scholars journal volume 10, 2006. The global wedding market is now a $300 billion industry $55 billion of that is the us wedding market, according to an ibisworld report, and includes over 500,000 businesses, putting 750,000. Real-world education for modern marketers join over 600,000 marketing professionals start here what are some suggestions for a swot analysis when starting a wedding planning company are you starting a wedding planning company or is this a homework assignment for a marketing class posted by sryan ] on 1/11/2005 at 12:50 am accepted. Ken research announced its latest publication on “india wedding market outlook to 2020-focus on online matchmaking and wedding planning segment”which provides a comprehensive analysis of the wedding industry in india the report covers various aspects such as market size of wedding planning market, segmentation by location of weddings.
The wedding services industry is in the mature stage of its life cycle the industry's contribution to the economy, measured as industry value added (iva), is forecast to rise at an annualized rate of 15% over the 10 years to 2023. The wedding planners industry market report contains strategic analysis of the key drivers influencing the industry save hours of time on research and prospecting using ibisworld’s standardized, up-to-date reports on thousands of industries. Indian wedding planners is a boutique wedding planning & management company based in rajasthan & delhi, providing contemporary elegant bespoke wedding design and management services we bring fresh perspective and innovate approach to wedding design, event planning & management, merged with traditional wedding planning and etiquette.