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Wedding Venues in the UK - Industry Market Research Report

Publisher IBISWorld
Published Sep 08, 2023
Length 34 Pages
SKU # IBSS18265246

Description

Wedding Venues in the UK - Industry Market Research Report


Wedding Venues in the UK

The Wedding Venue industry has had a tumultuous time up until 2023-24. In 2020-21, COVID-19 forced couples to postpone their weddings, causing a momentary plummet in venue income in 2020-21. However, most of these postponed weddings were rescheduled for 2021-22, when restrictions eased, causing a boom in income in 2021-22. Overall, wedding venue revenue is projected to grow at a compound annual rate of 1.7% over the five years through 2023-24, to reach £3.3 billion.

The Wedding Venues industry includes companies that offer their venues to be hired for a short period for the use of couples getting married, and the relevant catering, catering equipment hire, entertainment and decoration services.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

34 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON JARGON & GLOSSARY

GLOSSARY

Pricing

Currency Rates
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