Wed Tech Platform WedMeGood launches their 4th Annual Wedding Report 2024

WedMeGood– India’s premier wedding planning website and app launched their 4th Annual Wedding Report, 2024. In order to understand the pulse of the wedding market, WedMeGood, who is among the category leaders in the online wedding planning industry, conducted a comprehensive annual survey by quizzing over 3500 engaged couples from Tier 1 and Tier 2 cities with weddings until March 31st 2025.

The comprehensive survey delves into key trends and insights surrounding wedding budgets, honeymoon preferences, wedding planners, and the growing influence of digital tools in shaping modern weddings, with the report covering key issues like spending habits, wedding trends, honeymoon destinations and more.

Some of the key findings from the Report indicate shifting trends and consumer patterns like:

  • How Couples MeetSocial media apps gained more popularity than dating or matrimonial apps with 30% couples having met online while 60% met offline with 10% through hybrid methods. Bumble and Hinge emerged as the most popular dating apps for engaged couples, with Shaadi.com in the matrimony space. More details in the report.
  • Wedding Budgets and FinancingThe average wedding budget stood at INR 36.5 Lacs with the average destination wedding budget being INR 51.1 Lacs. India’s income disparity can be seen in the fact that 9% of weddings planned cost over INR 1 core.   82% of weddings were financed by personal/ family savings, 12% via wedding loans and 6% via liquidation of assets like jewellery.
  • Wedding Planners and Destination WeddingsWedding planners are rising in popularity with 16.7% couples hiring wedding planners; a 15% increase year on year compared to 2023- 24.This is still under penetrated as 1/3rd  couples in the USA hire planners- double the penetration in  India.  This trend is largely being driven by the increase in destination weddings. Destination weddings now form 1/4th of total weddings planned, with over 60% of weddings costing over INR 1 crore being destination weddings.( A more detailed insight into key cities and emerging cities as wedding destinations are provided in the report attached)
  • HoneymoonsThe average honeymoon budget was INR 3.7 Lacs and the average honeymoon duration was approximately 8.5 days. 40.2% of honeymoons were planned internationally.with Switzerland, the rest of Europe, Maldives, Bali and Thailand emerging as top international choices for Indian honeymooners. 
  • Lab Grown Diamonds, Sustainability and Other Trends45.5% of respondents claimed to have opted for lab grown diamonds with varied use cases (detailed analysis in the report attached), while  52% of couples opted for eco-conscious choices such as donating excess food or limiting use of plastic.
  • Cultural Trends and Thoughts on Marriage of Gen Z’s and MillenialsThe report looks at cultural differences between Gen Z and Millennials with respect to conversations before and after marriages and choices. Some interesting insights noted are the emergence of social media managers for weddingspopularity of bachelorette trips and detailed discussions about finances and mental health before marriage.
  • Factors Influencing Wedding DecisionsFamily and cultural values, followed by social media, wedding planning apps such as Wedmegood and Bollywood weddings were the top influencers for wedding decisions.  Wedding vendors are now increasingly being discovered online with 55% of the audience using either a social media app or a wedding planning app like WedMeGood for hiring them.

Commenting on the report’s findings, Mehak Sagar Shahani, Co-founder of WedMeGood said, “Our  annual report highlights key trends in the wedding industry in Tier 1 and Tier 2 cities. The average wedding budget is INR 36.5 lacs this year, and in general weddings have become 7% more expensive as compared to 2023, owing to rising hospitality (venue and catering costs) in 2024.The rising popularity of destination weddings, professional wedding planners, and even social media content creators all point to Indian weddings moving towards a more organised, professionally planned space, whilst still retaining their strong family and cultural values which continue to be the number one influence for young couples.  WedMeGood continues to be at the forefront of these transformative trends, offering innovative tech solutions to help couples make more informed bookings and vendor decisions along with digital invitations and tools to help families plan their weddings stress free.”

The Indian wedding industry has experienced a significant transformation over the past four years, overcoming the challenges brought on by the pandemic; showing incredible resilience and growth. As the industry continues to evolve, WedMeGood remains at the forefront, embracing shifting preferences and emerging trends to create truly unique and memorable wedding experiences.

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