The industry is fueled by a number of variables, including the robust economy of the nation, the rising acceptance of Western-style nuptials, and the rise in the number of singles. The rising expense of weddings, the dropping birth rate, and the increased acceptance of internet dating are just a few of the market's challenges. Despite these limitations, the market for wedding services in Japan offers a variety of business prospects. These possibilities include the rise in interest in destination weddings, the need for personalized weddings, and the rise in the number of foreign couples getting married in Japan.
The market for wedding services in Japan is mostly driven by the rising popularity of weddings conducted in the Western style. Western-style weddings are more glamorous and romantic than traditional Japanese weddings, and young people are starting to choose them more and more. The market for wedding services in Japan is severely constrained by the rising cost of weddings. In the last ten years, the average cost of a wedding in Japan has climbed by over 50%, and this trend is predicted to continue.
By Booking Type
The Offline Booking segment is anticipated to grow at a fastest CAGR during the forecast period.
Some couples find it difficult to afford a traditional wedding because of this. Businesses in the Japanese wedding services sector have an opportunity due to the rising desire for personalized weddings. Weddings that showcase the individual characteristics and hobbies of the couple are becoming more and more popular. This creates opportunities for businesses to offer customized wedding packages and services.
By Planning Type
The Partial Planning Services segment held the major revenue share in 2020 and is expected to grow with the highest CAGR 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
By Service Type, the Catering Services segment held the major share of the market in 2020.
Key companies profiled in the report are India Mitsui Fudosan, Otsuka Kagu, Fujii Shiseido, Ai-Kiyoshi Wedding, Prince Hotels & Resorts, Sekiguchi Bridal, Takashimaya, Orix Wedding Planning, Wedding-tree, Shirogane Wedding
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 Japan wedding services market.
- Assess and rank the top factors that are expected to affect the growth of Japan wedding services market.
- Top Player positioning provides a clear understanding of the present position of market players.
- Detailed analysis of the Japan wedding services market segmentation assists to determine the prevailing market opportunities.
- Identify key investment pockets for various offerings in the market.
Japan Wedding Services Market Report Highlights
| Aspects | Details |
 Forecast period | 2020 - 2030 |
 Report Pages | 73 |
 By Service Type |
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 By Planning Type |
|
 By Type |
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 By Booking Type |
|
 Key Market Players | Shirogane Wedding, Prince Hotels & Resorts, Takashimaya, Otsuka Kagu, Orix Wedding Planning, Fujii Shiseido, Mitsui Fudosan, Wedding-tree, Ai-Kiyoshi Wedding, Sekiguchi Bridal |
The Japan Wedding Services Market is projected to grow at a CAGR of 4.8% from 2020 to 2030
Mitsui Fudosan, Otsuka Kagu, Fujii Shiseido, Ai-Kiyoshi Wedding, Prince Hotels & Resorts, Sekiguchi Bridal, Takashimaya, Orix Wedding Planning, Wedding-tree, Shirogane Wedding are the leading players in Japan 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 japan wedding services market.
3. Assess and rank the top factors that are expected to affect the growth of japan wedding services market.
4. Top Player positioning provides a clear understanding of the present position of market players.
5. Detailed analysis of the japan wedding services market segmentation assists to determine the prevailing market opportunities.
6. Identify key investment pockets for various offerings in the market.
Japan Wedding Services Market is classified as by service type, by planning type, by type, by booking type
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