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WedMeGood Annual Wedding ceremony Business Document 2024-2025 | Manali Model Hub

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Indian weddings have a vibe in their own- perhaps unequalled on the planet. The sheer scale, grandeur and main points fascinated about our weddings set them aside. They’re colourful, elaborate, and deeply rooted in custom, with new-age weddings being a fancy mixture of the brand new and the previous. In 2024, India’s marriage ceremony season is ready to wreck data, with an estimated 4.8 million weddings between October and December, producing ₹6 trillion in trade*. India ranks 2d globally, after the United States, within the marriage ceremony marketplace, highlighting the business’s vital financial have an effect on and rising international prominence.

As marriage ceremony traits stay converting, WedMeGood has all over again explored the most recent shifts within the marriage ceremony business thru an in depth survey. We gathered insights from over 3,500 {couples} making plans their weddings between April 2024 and March 2025, along side greater than 500 marriage ceremony distributors like planners, photographers, make-up artists, and venues. There are some unexpected findings right here!

Matrimonial Dynamics in 2024

A steady shift against later marriages, aligning with private {and professional} priorities, used to be visual within the 2024 traits, with the common age for each love and organized marriages last at 28 for the second one consecutive yr. Bumble and Hinge stay in style amongst brides and grooms because of their critical courting center of attention, whilst Shaadi.com will be the go-to matrimonial website online. 

Wedding ceremony Budgeting

Wedding ceremony financing in 2024 portrays millennials actively contributing, appearing monetary independence. Whilst majority (over 80%) of the marriage bills are paid for from private or circle of relatives financial savings, about 12% opted to take out loans and six% liquified assets- basically utilised for high-cost classes. Whilst a bulk of the spend used to be on Jewelry- Venues, Catering and Decor additionally accounted for a significant bite of the bills.

On a mean, weddings were given 7% dearer in 2024 vs 2023, basically
because of upper costs via the hospitality (venue & catering) business
that larger costs via over 10%. Virtually 9% of Indian weddings have the cheap of over 1 cr and greater than 60% of those 1 cr + weddings are deliberate as vacation spot weddings. The common finances for a marriage is ₹36.5 lakh, whilst for a vacation spot marriage ceremony it’s ₹51.1 lakhs. 

Supplier hiring selections are changing into an increasing number of advanced with greater than 40% of target audience pronouncing they used a couple of mediums – offline suggestions combined with marriage ceremony apps and social media to in combination decide about hiring.

Emerging Development of Hiring Wedding ceremony Planners

Whilst Wedding ceremony Planners keep growing in recognition, this development is in large part pushed via vacation spot weddings, with 27% of those weddings having employed a planner versus simply 10.5% of native weddings. Additionally, 83.2% of the respondents controlled to plot their very own marriage ceremony the usage of WedMeGood or different identical platforms. 

Vacation spot Weddings & Wedding ceremony Tourism

There was a relentless building up in recognition for vacation spot weddings, and the fashion continues. Whilst Rajasthan, Goa and Kerala endured to prepared the ground, some more moderen locations at the radar in 2024 had been Daman, Khajuraho, and Mussoorie. Across the world, Thailand, U.A.E and Italy had been the preferred marriage ceremony locations for Indian {couples}, with Istanbul rising in recognition.

Honeymoon Statistics

With a whopping 31% of the respondents budgeting over 5 lakh rupees for his or her honeymoon, go back and forth appears to be on everybody’s thoughts. No longer simply the world over, honeymoons inside India proceed to be in style because of traits like minimoons and staycation honeymoons. The most well liked locations in India are Goa, Manali, Kerala, Shimla and North East India. Across the world, Europe, Turkey, Thailand, Bali, Maldives and Mauritius are most popular locations.

The upward thrust of Eco-friendly Weddings & Lab-grown diamonds

Now it is a development that is the want of the hour! Over 50% respondents opted or are choosing eco-conscious alternatives for his or her marriage ceremony making plans. Wedding ceremony distributors are supporting sustainability tasks via providing organically or in the neighborhood sourced fabrics, sustainable decor choices and environmentally pleasant packaging. Due to their costs, Lab grown diamonds have eaten into the true jewelry phase, with 45% brides choosing lab grown diamonds. Engagement rings are the main use case for lab grown diamonds.

A Comparability

*consistent with the Confederation of All India Investors (CAIT).

 

WedMeGood’s Annual Business Document 2024-25 featured in

 

For extra wedding-related content material, inspiration, concepts, distributors & extra obtain the WedMeGood App as of late.   

 

ALSO READ: WedMeGood Annual Wedding ceremony Business Document 2023-2024

WedMeGood Annual Wedding ceremony Business Document 2022-2023

 

 



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