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Wedding Planners - Industry Market Research Report

  • September 2016
  • -
  • Ibisworld
  • -
  • 29 pages

Match made in heaven: Economic recovery will encourage more weddings and greater related spending



Abstract

Wedding Planners

Over the five years to 2016, industry revenue is expected to contract as more couples opt to plan their own wedding, rather than hire industry employees. This contraction in demand for industry services is primarily caused by an increase in the number of do-it-yourself (DIY) weddings. Over the five years to 2016, IBISWorld expects industry revenue to decline. Over the five years to 2021, IBISWorld estimates that the same drivers that dictated revenue over the past five years will continue to affect industry demand. While the percentage of couples using wedding planners will continue to decrease, the decline will mostly be offset by a stronger macroeconomic climate, which will enable clients to spend more per service. As a result, IBISWorld estimates that industry revenue will decline at a slower rate over the five years to 2021.

Wedding planners organize and design marriage ceremonies and receptions.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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Table Of Contents

Wedding Planners - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY

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