Destination wedding global market report 2022

The global destination wedding market is expected to grow from $15.89 billion in 2021 to $21.43 billion in 2022 at a compound annual growth rate (CAGR) of 34.9%. The destination wedding market is expected to grow to $64.01 billion in 2026 at a CAGR of 31.5%.

The destination wedding market consists of sales of destination wedding services by entities (organizations, sole traders, and partnerships) that refer to weddings that take place outside of the city or town where the soon-to-be-married couple resides.The destination wedding services involve planning, booking, and assistance with various ceremonies.

The term destination wedding refers to a wedding that is planned ahead of time in a location, usually a high-end resort, where the couple, wedding party, and guests stay for roughly a week and where all wedding-related activities take place.