Avg wedding budgets are 35.6 Lakh INR, and reflect a 7% increase in wedding spends compared to last year. 9% weddings planned cost over 1 cr
/WedMeGood’s 4th Annual Wedding Report 2024
Key highlights:
● Avg wedding budgets are 35.6 Lakh INR, and reflect a 7% increase in wedding spends compared to last year. 9% weddings planned cost over 1 cr
● 82% of weddings financed by personal/ family savings, 12% via wedding loans
● There’s a 15% increase year on year in couples hiring wedding planners
● 1/4th of all weddings planned are now destination weddings, with over 60% of weddings costing over INR 1 crore were destination weddings
● Average honeymoon budget was INR 3.7 Lacs; Switzerland, the rest of Europe, Maldives, Bali and Thailand as top international choices for Indian honeymooners
● 1/3rd of all engaged couples met online via apps. Bumble and Hinge being the most popular and Shaadi.com for matrimony
● Some key trends include the rise of lab grown diamonds, emergence of social media content creators for weddings, rise of eco-friendly weddings and more
