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Wedding Service Market 2023 : Trends, Business Growth And Major Driving Factors | BBJ Linen, Generation Tux, David Stark Design, Couture Events, Easton Events, Geller Events, Bridal Bliss, Oren Co
Wedding Service Global Market Report
The Business Research Company's Wedding Service Global Market Report 2023 identifies the increasing number of marriages is expected to propel the growth of the wedding services market going forward. Marriage is a legally and socially accepted partnership, usually between a man and a woman, governed by laws, norms, conventions, beliefs, and attitudes that define the rights and duties of the partners and give status to their kids. Wedding services support and improve marriages by providing expertise, reducing stress, providing smooth coordination, and facilitating a personalized and memorable wedding event.
The global wedding service market is expected to grow from $175.46 billion in 2022 to $196.58 billion in 2023 at a compound annual growth rate (CAGR) of 12%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The wedding service market is expected to reach $295.47 billion in 2027 at a CAGR of 10.7%.
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Major players in the wedding service market are BBJ Linen, Generation Tux, David Stark Design, Couture Events, Easton Events, Geller Events, Bridal Bliss, Oren Co, Amorology LLC, LISA VORCE CO, Alison Events, KT Merry, Chic Weddings, Holly-Kate and Company, Wedding Spot, J.Lemons Events, Genius Eventi S.r.l, Bash Please, Bluebird Productions, Calder Clark, Michelle Rago Destinations, A Savvy Event, Calluna Events, Emily Clarke Events, Stefanie Cove and Co., BAQAA Glamour Weddings and Events, Marcy Blum Associates Inc, Downey Street Events, Firefly Events, and Zest Events.
A key trend in the Wedding Service market includes the Product innovations are a key trend gaining popularity in the wedding service market. Major companies operating in the wedding service market are focused on developing innovative solutions to strengthen their position in the market.
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The Wedding Service market is segmented -
1) By Type: Destination Wedding, Local Wedding
2) By Service Type: Videography And Photography, Catering Services, Decoration Services, Transport Services, Wedding Planning Services, Other Service Types
3) By Planning Type: Full Planning Services, Partial Planning Services, Day Of Coordination
4) By Booking Type: Online Booking, Offline Booking
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Wedding Service market.
The Business Research Company's "Global Wedding Service Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Wedding Service Market Include:
1. Executive Summary
2. Wedding Service Market Characteristics
3. Wedding Service Market Trends And Strategies
4. Wedding Service Market - Macro Economic Scenario
5. Wedding Service Market Size And Growth
……
27. Wedding Service Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Wedding Service Market
29. Wedding Service Market Future Outlook and Potential Analysis
30. Appendix
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