The wedding services market in China is growing steadily due to various reasons. The increasing number of dual-income households in China has led to a rise in weddings, driving the demand for wedding services as couples seek to make their weddings unique. It will also examine market dynamics related to various services such as videography, photography, catering, decoration, transportation, and wedding planning. Additionally, it will explore trends and strategies specific to destination weddings and local weddings, which are popular in China.
The growth of China's middle class and their higher disposable income contribute to the expansion of the wedding services market. Couples are willing to spend more on their weddings to create memorable experiences for their guests. While increasing wealth drives the wedding services market, cost constraints remain for some couples, particularly for services like photography and videography, which can be expensive.
By Booking Type
The Offline Booking segment held the major revenue share in 2020 and is expected to grow with the highest CAGR during the forecast period.
Nevertheless, there is still a certain societal stigma associated with marriage-related services in China. The topic of weddings and marriage is often considered private and personal, leading some couples to overlook modern and intricate wedding services in favor of more budget-friendly alternatives. While increasing wealth propels the growth of the wedding services market, affordability remains a constraint for certain couples. Services such as photography and videography can be relatively expensive compared to other aspects of weddings, posing challenges for those on a tighter budget.
By Planning Type
The Partial Planning Services segment dominated the market in 2020, and is also anticipated to be lucrative during the forecast period.
The report is analyzed by booking type, which includes online booking and offline booking. The report further segments the market on the basis of planning type such as full planning service, partial planning services and day of coordination. Based on service type, the market is further classified into videography/photography services, catering services, decoration services, transport services, wedding planning services and others. On the basis of wedding type, the Wedding services market share is bifurcated into destination wedding and local wedding.
By Service Type
The Catering Services segment is anticipated to grow at a fastest CAGR during the forecast period.
Key companies profiled in the report are Dianping, Taobao, Weibo, Tencent, Qunar.com, KuaiKuai, YiQingGongHui, Dianping, Dianxin, MeiTuan, Qyer.
By Type
The Local Wedding segment dominated the market in 2020, and is also anticipated to be lucrative during the forecast period.
Key Benefits for Stakeholders
- Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
- Analyze the key strategies adopted by major market players in China wedding services market.
- Assess and rank the top factors that are expected to affect the growth of China wedding services market.
- Top Player positioning provides a clear understanding of the present position of market players.
- Detailed analysis of the China wedding services market segmentation assists to determine the prevailing market opportunities.
- Identify key investment pockets for various offerings in the market.
China Wedding Services Market Report Highlights
| Aspects | Details |
 Forecast period | 2020 - 2030 |
 Report Pages | 77 |
 By Service Type |
|
 By Planning Type |
|
 By Type |
|
 By Booking Type |
|
 Key Market Players | Qyer, Dianping, MeiTuan, Dianping, Qunar.com, Taobao, KuaiKuai, Dianxin:, Weibo, YiQingGongHui, Tencent |
The China Wedding Services Market is estimated to reach $81.7 billion by 2030
Dianping.com: A leading Chinese website for local services, with more than 200 million active users per month., Taobao: Online wedding service platform owned by Alibaba Group, Weibo: Chinese microblogging platform, Tencent: Chinese technology giant that operates messaging apps such as WeChat, Qunar: Online travel and booking agency, KuaiKuai: Online wedding planning platform, YiQingGongHui: Online wedding service booking platform, DianPing: Online reviews and listing platform, Dianxin: Wedding planning platform, MeiTuan: Local services offering platform, Qyer: Online travel agency are the leading players in China Wedding Services Market
1. Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
2. Analyze the key strategies adopted by major market players in china wedding services market.
3. Assess and rank the top factors that are expected to affect the growth of china wedding services market.
4. Top Player positioning provides a clear understanding of the present position of market players.
5. Detailed analysis of the china wedding services market segmentation assists to determine the prevailing market opportunities.
6. Identify key investment pockets for various offerings in the market.
China Wedding Services Market is classified as by service type, by planning type, by type, by booking type
Loading Table Of Content...
Loading Research Methodology...
