Revenue for the Wedding Services industry in China is expected to increase at an annualized 0.5% over the five years through 2023, to total $26.8 billion in 2023. This trend includes expected revenue growth of 2.9% in the current year. In the first half of 2020, many small and medium-sized enterprises in the industry closed due to plummeting demand during the initial COVID-19 outbreak. However, market demand grew significantly in the second half of 2020. The main services provided by the industry include car rentals, master of ceremony services, restaurant decoration, photography and videography services, wedding dress rental and hairdressing. The Wedding Services industry in China coordinates and organizes a wide range of wedding services, including dating services, wedding planning, wedding car rentals, dress rentals, video recording services, wedding photography services, wedding banquets and masters of ceremonies (MCs). 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
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Beijing Youyuan Online Network Technology Co. Ltd.
- Zhenai Network Information Technology Co. Ltd.
- Hand in Hand Metaverse Marriage Technology Co., Ltd
- Baihe Jiayuan Network Group Co., Ltd.
- Beijing Milian Technology Co., Ltd.
Methodology
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