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The 2020 Ultra Luxury Wedding Market Report is 50 full-color pages and includes unbiased wedding statistics and wedding facts from real brides and grooms from around the world who spent $500,000 or more on their 2019 wedding, not including the honeymoon.
At Splendid Insights, we present real wedding budgets in six segments:
By not simply lumping real wedding budgets into two categories (average wedding cost and luxury wedding cost), these segments paint a more accurate picture of what couples who are spending different amounts value and are looking for in their wedding planning process.
Wedding Market Reports are delivered in PDF format as an immediate digital download.
The results in this report are based on data from completed submissions of a continuous online survey conducted by Splendid Insights from January 1 - November 1, 2019. The sample was comprised of 18,216 male, female, and non-binary individuals age 16 and older who married in 2019.
Survey participants were reached via the extensive international network of professionals, suppliers, merchants, and media publishers that Splendid Insights has developed, both within and outside the global wedding industry. Participation eligibility was available to any person who legally married in 2019, regardless of country of residence, nationality, race, religion, sexual orientation, age, or income level.
Four generational cohorts are represented in this report: Baby Boomers (born 1943-1960), Generation X (born 1961-1978), Millennials (born 1979-2000), and Generation Z (born 2001 or later).
For this report, marriage relationship types were defined as heterosexual, same-sex, or “other” (in which at least one partner identifies as non-binary).
The survey was administered in English and all currency was denoted in U.S. dollars.
No incentive was offered to participants for completion of this survey. Incentive was offered to the international network of non-wedding and wedding-related professionals, suppliers, merchants, and media publishers who shared the survey with their communities.
The length of the data collection timeframe and large sample size allowed for more accurate segmentation.
The margin of error for the Global Wedding Market Report is +/- 1.1% with a 99% confidence level. The margin of error is larger for results based on segmentations of the Global Wedding Market Report, but never exceeds +/- 4.01% with a 95% confidence level.
