The development is still relatively good. According to the Report on Market Research and Investment Forecast and Analysis of China Wedding Industry from 2116 to 2121, in recent years, with the rapid growth of China's national economy, the living standards of urban and rural residents are improving day by day, the people's requirements for quality of life are constantly improving, and people's pursuit of modern social fashion makes the wedding customs in public life constantly change, thus giving birth to a wedding market with a certain scale that conforms to China's national conditions.
According to statistics from the Ministry of Civil Affairs, in recent years, more than 12 million couples get married every year in China, and the total annual consumption generated by marriage in China has reached at least several hundred billion yuan. The huge consumption not only gave birth to the photo studio, wedding banquet, wedding supplies, wedding costumes and other industries, but also many supporting industries such as photographic equipment, beauty salons, jewelry, household goods, catering, and even decorative materials, automobiles, real estate, bank loans, insurance and wealth management.
The data shows that the national wedding consumption in 2116 was close to 311 billion yuan, and it rose to more than 511 billion yuan in 2118. At present, the cost of each couple is about 811,111-211,111 yuan. Based on the average cost of 1,111 yuan per couple, in 2113, there were 13,274,111 couples registered for marriage in China, and it can be estimated that the total consumption caused by marriage reached about 1.33 trillion yuan, accounting for nearly 2.34% of GDP.
With the implementation of the two-child policy and the acceleration of urbanization, the newly-added population will increase in the future, and the wedding expenses will gradually rise, which will have a very broad prospect in the wedding market. At present, the wedding industry has become a new sunrise industry with great business opportunities and prospects in China.