Wedding Dress Industry Statistics

Find industry analysis statistics trends data and forecasts on wedding services in the us from ibisworld.

Wedding dress industry statistics. Thanks to a stronger economy and higher discretionary incomes the u s. Get up to speed on any industry with comprehensive intelligence that is easy to read. As such we want to provide you with a current industry overview trends and. The wedding industry in the united kingdom has a value of 10 billion each year.

Increase in demand for different styles of wedding gowns and tuxedos as a part of extravagant wedding is the major factor fueling market growth. For engaged couples staging a wedding can be both exciting and stressful. This is an industry that is made up of multiple smaller enterprises that are part of different industries like caterers wedding consultants dresses various beauty suppliers hair makeup photographers favors bridesmaids gifts music honeymoon related etc. Hire a wedding planner.

Knot 2016 real weddings study 2. Wedding planning is an ever popular industry and one of the most searched guides on our website. The advent of low priced wedding gowns for cash strapped brides is a key factor boosting the market. Bridal stores saw revenues total 3 billion in the u s.

Ever since then the bridal business has grown to become a 48 billion industry that continues to grow and thrive. The average cost of a wedding reached more than 32 000 in 2016 which was an all time high in the united states. Say yes to the attire. 54 of brides try on up to six dresses before finding the one.

Interesting uk wedding industry statistics 1. When couples plan an engagement and take the costs all the way through the honeymoon the average event will cost roughly 36 000. Average cost of a wedding dress bridal market overview in 1924 marshall field s became the first department store to launch a bridal registry. However the wedding industry hasn t always had a bright outlook.

30 hire a planner for some or all of the wedding logistics. Fascinating wedding dress industry statistics 1. The global wedding wear market size was valued at usd 58 4 billion in 2018. The rising prominence of mass marketization of bridal gowns and a large number of retailers entering the online arena of the wedding industry are prominent developments expected to greatly influence the market dynamics in coming years.

Wedding industry edged higher to hit 72 billion in revenue in 2016 according to a report by ibisworld. Industry market research reports statistics analysis data trends and forecasts. To help manage the process and to ensure a picture perfect stress free wedding hiring a wedding planner is a smart idea.