The Destination Wedding Global Market Report 2023, provides comprehensive information on the destination wedding market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Destination Wedding Global Market Report 2023, the global destination wedding market size grew from $21.31 billion in 2022 to $28.31 billion in 2023 at a compound annual growth rate (CAGR) of 32.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. 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 destination wedding market size is expected to grow to $78.89 billion in 2027 at a CAGR of 29.2%.
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The destination wedding market is segmented:
1) By Function: Pre-Wedding Ceremonies, Wedding Ceremonies, Reception, Other Functions
2) By Inclusion And Activity: Accommodation Services, Food Service, Butler Services, Other Services
3) By Season: High Season, Mid-Season, Low Season, Mid-Peak Season
4) By Venues: National, International
5) By Booking Channel: Phone Booking, Online Booking, In Person Booking
North America was the largest region in the destination wedding market in 2022.
The table of contents in TBRC’s destination wedding market report includes:
1. Executive Summary
2. Destination Wedding Market Characteristics
3. Destination Wedding Market Trends And Strategies
4. Destination Wedding – Macro Economic Scenario
5. Destination Wedding Market Size And Growth
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26. Africa Destination Wedding Market
27. Destination Wedding Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Destination Wedding Market
29. Destination Wedding Market Future Outlook and Potential Analysis
30. Appendix
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It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the destination wedding market include Tamarind Global Weddings, My Wedding Planning, DestinationWeddings.com, WedmeGood, ShaadiSaga.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Destination Wedding Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/destination-wedding-market/download-sampleMarket DynamicsA destination wedding is a growing trend today.
Couples from nuclear families or who travel abroad celebrate their marriages and look for fairy tale weddings and unforgettable memories.
They spend an excessive amount of time imagining, planning, and booking their dream experiences and researching options across various platforms.
Couples are willing to spend significantly more on their weddings and honeymoons than on other holidays.
