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.Partied out: Industry revenue is expected to fall in 2023-24 due to constrained consumer spending
The Party and Event Planners industry organises parties, weddings, corporate dinners and other social gatherings on behalf of households, businesses and non-profit organisations. The industry is predominantly comprised of small independent event planning enterprises, making it highly competitive. The declining marriage rate across England and Wales has limited demand for wedding planning services. Falling consumer confidence and limited growth in business confidence have also constrained demand for event planning services from households and businesses.
This industry is composed of independent companies and individuals that organise parties, weddings, corporate dinners and other social gatherings on behalf of households, businesses and non-profit organisations. This industry does not include companies that organise conventions, trade shows and sporting events, and the internal event planning departments of hotels, conference centres and recreational facilities.
Table of Contents
About this Industry- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
Industry Performance
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Major Markets
- Globalisation & Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Barriers to Entry
Operating Conditions
- Capital Intensity
- Industry Data
- Annual Change
- Key Ratios
Methodology
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