Revenue for the Wedding Services industry in China is set to reach $22.0 billion in 2014. Over the five years through 2014, revenue has been growing at an annualized rate of 5.1%. The main services provided by this industry include car rentals, master of ceremony services, restaurant decoration, photography and videography, services, wedding dress rental and hairdressing.
ACMR-IBISWorld estimates that over 50% of couples who marry in China each year use services provided by this industry, with demand concentrated in economically developed urban regions. Although with low average spending, increasing households in rural areas are becoming consumers of wedding services.
The Wedding Services industry in China coordinates and organizes a wide range of wedding services, including dating services, wedding planning, wedding car rentals, dress rentals, video recording services, wedding photography services, wedding banquets and masters of ceremonies (MCs).
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.