PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1719065
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1719065
India Wedding Planning Market, By Wedding Type; By Budget; By Service Type; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2031
India Wedding Planning Market Size More Than Doubles to Touch USD 133 Billion by 2031
India Wedding Planning Market is flourishing because of heightened consumer affluence, the experiential shift towards destination celebrations, and the transformative power of digital media.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated India Wedding Planning Market size at USD 62.04 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects India Wedding Planning Market size to boom at a CAGR of 11.50% reaching a value of USD 132.92 billion by 2031. The Wedding Planning Market in India is propelled by India's vast wedding industry, generating significant revenues from about 10 million annual celebrations. The peak 2023 season alone, from November to December, witnessed 3.5 million weddings, with Delhi alone accounting for an estimated USD 12.1 billion, highlighting the sector's robust performance. This multifaceted industry, dominated by catering and venue services with a 30% market share, extends to gifts and decorations, while also supporting nearly 10 million jobs across diverse service sectors. Moreover, weddings stimulate growth in allied industries such as hospitality, tourism, retail, logistics, and technology, exemplified by hotels securing USD 603 million annually from wedding bookings. The increasing popularity of destination weddings, coupled with government initiatives like the "Wed in India" campaign, seeks to retain domestic spending and enhance India's appeal as a global wedding destination. Fueled by digitalization, rising disposable incomes, and the expansion of the luxury market, the Indian wedding sector remains a pivotal and dynamic economic driver.
Opportunity - Rising Sustainable and Eco-friendly Weddings
The Indian wedding industry is experiencing a significant transformation as sustainability becomes a key priority for modern couples. A few weddings set an example by organizing an eco-friendly wedding that minimized waste and promoted environmental responsibility, reflecting a broader trend of couples actively seeking green alternatives to traditional wedding practices. This growing demand is driving innovation in wedding planning, with increasing preferences for biodegradable invitations, upcycled decor, and sustainable gifting options such as plant-based favors and donations to environmental causes. Wedding planners are adapting by offering eco-conscious solutions, including zero-waste catering, energy-efficient venues powered by renewables, and plastic-free packaging. The rise of sustainable weddings presents a lucrative opportunity for businesses in the wedding planning market, as service providers integrating sustainability into their offerings can tap into a rapidly expanding customer base that values both luxury and environmental responsibility. As awareness continues to grow, eco-friendly weddings are set to redefine the future of the Indian wedding industry.
Impact of Escalating Geopolitical Tensions on India Wedding Planning Market
Intensifying geopolitical tensions could disrupt the growth of India Wedding Planning Market. Global uncertainties translate to amplified costs for imported luxury goods, from bespoke decor to designer apparel, directly impacting wedding budgets. Concurrently, volatile fuel prices and supply chain vulnerabilities inflate transportation and logistical expenditures, particularly for destination events. Moreover, economic instability may curtail disposable incomes, prompting a shift towards more streamlined, budget-conscious celebrations. Travel restrictions, stemming from geopolitical events, could also impede the plans of non-resident Indians seeking to host weddings domestically. To mitigate these risks, industry stakeholders must prioritize strategic cost optimization and cultivate robust local sourcing networks, ensuring market resilience in the face of evolving global dynamics
Destination Weddings Lead India Wedding Planning Market Share
The destination weddings segment accounts for a larger share in India Wedding Planning Market by wedding type. It is fueled by India's diverse landscapes from Rajasthan's forts to Goa's beaches, coupled with rising disposable incomes and social media influence driving demand for unique experiences, further facilitated by improved infrastructure; this trend is exemplified by the strategic partnership in July 2024 between Weddingz.in, a subsidiary of Oyo Hotels and Homes Private Limited, and Lemon Tree Hotels Ltd, to expand destination wedding services across 40 Indian locations, initially in Goa, Udaipur, Ranthambore, Lonavala, and Jaipur, and subsequently to include Pushkar, Corbett, Kasauli, Mussoorie, and Shimla, underscoring the segment's robust growth.
Competitive Landscape
Major companies in India Wedding Planning Market include Tamarind Global Weddings, Shubh Muhurat Luxury Weddings, Oyo Hotels and Homes Private Limited (Weddingz.in), Backstage Productions Pvt Ltd, FNP E Retail Private Limited, Motwane Entertainment & Weddings, Regal-Weddings.com Pvt Ltd, Elite Weddings India LLP, Indian Wedding Planners, Percept Limited, Shaadi Squad, Warlock Wedding Planners, Seven Steps, Devika Narain & Company, Absolute Events, Panodrama Events, Event Casa, and BALAJI AFFAIRS. The presence of high number of companies intensify the market competition as they compete to gain a significant market share. These companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches to further enhance their market share.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and India Wedding Planning Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Wedding Planning Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Wedding Planning Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Rising Disposable Income
- 3.2.1.2. Growing Popularity of Destination Weddings
- 3.2.1.3. Influence of Social Media & Digitalization
- 3.2.2. Restraints
- 3.2.2.1. High Costs of Wedding Planning Services
- 3.2.2.2. Seasonal Demand
- 3.2.3. Opportunities
- 3.2.3.1. Expansion of Virtual & Hybrid Weddings
- 3.2.3.2. Rising Sustainable & Eco-friendly Weddings
- 3.2.4. Challenges
- 3.2.4.1. Economic Uncertainty & Inflation
- 3.2.4.2. Regulatory & Legal Complexities
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India Wedding Planning Market: Marketing Strategies
5. India Wedding Planning Market: Pricing Analysis
6. India Wedding Planning Market Overview
- 6.1. Market Size & Forecast, 2019-2031
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Wedding Type
- 6.2.1.1. Local Weddings
- 6.2.1.2. Destination Weddings
- 6.2.2. By Budget
- 6.2.2.1. Luxury Weddings
- 6.2.2.2. Mid-Range Weddings
- 6.2.2.3. Budget Weddings
- 6.2.3. By Service Type
- 6.2.3.1. Event Planning
- 6.2.3.2. Catering & Venue
- 6.2.3.3. Decoration Services
- 6.2.3.4. Makeup Services
- 6.2.3.5. Logistics
- 6.2.3.6. Invitations & Gifting
- 6.2.3.7. Music & DJ
- 6.2.4. By Region
- 6.2.4.1. North India
- 6.2.4.2. South India
- 6.2.4.3. East India
- 6.2.4.4. West India
- 6.2.1. By Wedding Type
7. North India Wedding Planning Market
- 7.1. Market Size & Forecast, 2019-2031
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Wedding Type
- 7.2.2. By Budget
- 7.2.3. By Service Type
8. South India Wedding Planning Market
- 8.1. Market Size & Forecast, 2019-2031
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Wedding Type
- 8.2.2. By Budget
- 8.2.3. By Service Type
9. East India Wedding Planning Market
- 9.1. Market Size & Forecast, 2019-2031
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Wedding Type
- 9.2.2. By Budget
- 9.2.3. By Service Type
10. West India Wedding Planning Market
- 10.1. Market Size & Forecast, 2019-2031
- 10.1.1. By Value (USD Billion)
- 10.2. Market Share & Forecast
- 10.2.1. By Wedding Type
- 10.2.2. By Budget
- 10.2.3. By Service Type
11. Competitive Landscape
- 11.1. List of Key Players and Their Offerings
- 11.2. India Wedding Planning Company Market Share Analysis, 2024
- 11.3. Competitive Benchmarking, By Operation Channel Parameters
- 11.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
12. Impact of Escalating Geopolitical Tensions on India Wedding Planning Market
13. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 13.1. Tamarind Global Weddings
- 13.2. Shubh Muhurat Luxury Weddings
- 13.3. Oyo Hotels and Homes Private Limited (Weddingz.in)
- 13.4. Backstage Productions Pvt Ltd
- 13.5. FNP E Retail Private Limited
- 13.6. Motwane Entertainment & Weddings
- 13.7. Regal-Weddings.com Pvt Ltd
- 13.8. Elite Weddings India LLP
- 13.9. Indian Wedding Planners
- 13.10. Percept Limited
- 13.11. Shaadi Squad
- 13.12. Warlock Wedding Planners
- 13.13. Seven Steps
- 13.14. Devika Narain & Company
- 13.15. Absolute Events
- 13.16. Panodrama Events
- 13.17. Event Casa
- 13.18. BALAJI AFFAIRS
- 13.19. Other Prominent Players
14. Key Strategic Recommendations
15. Research Methodology
- 15.1. Qualitative Research
- 15.1.1. Primary & Secondary Research
- 15.2. Quantitative Research
- 15.3. Market Breakdown & Data Triangulation
- 15.3.1. Secondary Research
- 15.3.2. Primary Research
- 15.4. Breakdown of Primary Research Respondents, By Region
- 15.5. Assumption & Limitation
*Financial information of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
- Figure 1 India Wedding Planning Market Segmentation
- Figure 2 India Wedding Planning Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2024
- Figure 4 India Wedding Planning Market Size, By Value (USD Billion), 2019-2031
- Figure 5 India Wedding Planning Market Share, By Wedding Type, By Value (USD Billion) 2019-2031
- Figure 6 India Wedding Planning Market Share, By Budget, By Value (USD Billion) 2019-2031
- Figure 7 India Wedding Planning Market Share, By Service Type, By Value (USD Billion) 2019-2031
- Figure 8 India Wedding Planning Market Share, By Region, By Value (USD Billion) 2019-2031
- Figure 9 North India Wedding Planning Market Size, By Value (USD Billion), 2019-2031
- Figure 10 North India Wedding Planning Market Share, By Wedding Type, By Value (USD Billion) 2019-2031
- Figure 11 North India Wedding Planning Market Share, By Budget, By Value (USD Billion) 2019-2031
- Figure 12 North India Wedding Planning Market Share, By Service Type, By Value (USD Billion) 2019-2031
- Figure 13 South India Wedding Planning Market Size, By Value (USD Billion), 2019-2031
- Figure 14 South India Wedding Planning Market Share, By Wedding Type, By Value (USD Billion) 2019-2031
- Figure 15 South India Wedding Planning Market Share, By Budget, By Value (USD Billion) 2019-2031
- Figure 16 South India Wedding Planning Market Share, By Service Type, By Value (USD Billion) 2019-2031
- Figure 17 East India Wedding Planning Market Size, By Value (USD Billion), 2019-2031
- Figure 18 East India Wedding Planning Market Share, By Wedding Type, By Value (USD Billion) 2019-2031
- Figure 19 East India Wedding Planning Market Share, By Budget, By Value (USD Billion) 2019-2031
- Figure 20 East India Wedding Planning Market Share, By Service Type, By Value (USD Billion) 2019-2031
- Figure 21 West India Wedding Planning Market Size, By Value (USD Billion), 2019-2031
- Figure 22 West India Wedding Planning Market Share, By Wedding Type, By Value (USD Billion) 2019-2031
- Figure 23 West India Wedding Planning Market Share, By Budget, By Value (USD Billion) 2019-2031
- Figure 24 West India Wedding Planning Market Share, By Service Type, By Value (USD Billion) 2019-2031
List of Tables
- Table 1 India Wedding Planning Market Size, By Value (USD Billion), 2019-2031
- Table 2 India Wedding Planning Market Share, By Wedding Type, By Value (USD Billion) 2019-2031
- Table 3 India Wedding Planning Market Share, By Budget, By Value (USD Billion) 2019-2031
- Table 4 India Wedding Planning Market Share, By Service Type, By Value (USD Billion) 2019-2031
- Table 5 India Wedding Planning Market Share, By Region, By Value (USD Billion) 2019-2031
- Table 6 North India Wedding Planning Market Size, By Value (USD Billion), 2019-2031
- Table 7 North India Wedding Planning Market Share, By Wedding Type, By Value (USD Billion) 2019-2031
- Table 8 North India Wedding Planning Market Share, By Budget, By Value (USD Billion) 2019-2031
- Table 9 North India Wedding Planning Market Share, By Service Type, By Value (USD Billion) 2019-2031
- Table 10 South India Wedding Planning Market Size, By Value (USD Billion), 2019-2031
- Table 11 South India Wedding Planning Market Share, By Wedding Type, By Value (USD Billion) 2019-2031
- Table 12 South India Wedding Planning Market Share, By Budget, By Value (USD Billion) 2019-2031
- Table 13 South India Wedding Planning Market Share, By Service Type, By Value (USD Billion) 2019-2031
- Table 14 East India Wedding Planning Market Size, By Value (USD Billion), 2019-2031
- Table 15 East India Wedding Planning Market Share, By Wedding Type, By Value (USD Billion) 2019-2031
- Table 16 East India Wedding Planning Market Share, By Budget, By Value (USD Billion) 2019-2031
- Table 17 East India Wedding Planning Market Share, By Service Type, By Value (USD Billion) 2019-2031
- Table 18 West India Wedding Planning Market Size, By Value (USD Billion), 2019-2031
- Table 19 West India Wedding Planning Market Share, By Wedding Type, By Value (USD Billion) 2019-2031
- Table 20 West India Wedding Planning Market Share, By Budget, By Value (USD Billion) 2019-2031
- Table 21 West India Wedding Planning Market Share, By Service Type, By Value (USD Billion) 2019-2031
- Table 22 Tamarind Global Weddings Company Overview
- Table 23 Tamarind Global Weddings Financial Overview
- Table 24 Shubh Muhurat Luxury Weddings Company Overview
- Table 25 Shubh Muhurat Luxury Weddings Financial Overview
- Table 26 Oyo Hotels and Homes Private Limited (Weddingz.in) Company Overview
- Table 27 Oyo Hotels and Homes Private Limited (Weddingz.in) Financial Overview
- Table 28 Backstage Productions Pvt Ltd Company Overview
- Table 29 Backstage Productions Pvt Ltd Financial Overview
- Table 30 FNP E Retail Private Limited Company Overview
- Table 31 FNP E Retail Private Limited Financial Overview
- Table 32 Motwane Entertainment & Weddings Company Overview
- Table 33 Motwane Entertainment & Weddings Financial Overview
- Table 34 Regal-Weddings.com Pvt Ltd Company Overview
- Table 35 Regal-Weddings.com Pvt Ltd Financial Overview
- Table 36 Elite Weddings India LLP Company Overview
- Table 37 Elite Weddings India LLP Financial Overview
- Table 38 Indian Wedding Planners Company Overview
- Table 39 Indian Wedding Planners Financial Overview
- Table 40 Percept Limited Company Overview
- Table 41 Percept Limited Financial Overview
- Table 42 Shaadi Squad Company Overview
- Table 43 Shaadi Squad Financial Overview
- Table 44 Warlock Wedding Planners Company Overview
- Table 45 Warlock Wedding Planners Financial Overview
- Table 46 Seven Steps Company Overview
- Table 47 Seven Steps Financial Overview
- Table 48 Devika Narain & Company: Company Overview
- Table 49 Devika Narain & Company Financial Overview
- Table 50 Absolute Events Company Overview
- Table 51 Absolute Events Financial Overview
- Table 52 Panodrama Events Company Overview
- Table 53 Panodrama Events Financial Overview
- Table 54 Event Casa Company Overview
- Table 55 Event Casa Financial Overview
- Table 56 BALAJI AFFAIRS Company Overview
- Table 57 BALAJI AFFAIRS Financial Overview
