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Dublin, October 26, 2023 (GLOBE NEWSWIRE) — The “UK Wedding Venue Industry Market Research Report” has been added to the ResearchAndMarkets. com offering.
This report covers the scope, size, design, and expansion of the industry, adding key sensitivities and good luck factors. Also included are five-year industry forecasts, expansion rates, and research of key industry players and their market shares.
The wedding venue industry has been through a tumultuous time in 2023-2024. In 2020-21, COVID-19 forced couples to postpone their weddings, causing a momentary drop in the venue’s profits in 2020-21.
However, most of those postponed weddings were postponed until 2021-2022, when restrictions were eased, leading to an explosion in revenue streams in 2021-2022. Overall, wedding venue profits are expected to grow at a compound annual rate of 1. 7% in five years to 2023-2024, reaching £3. 3 billion.
The wedding venue sector includes companies that offer to rent their venues for a short period of time for the use of couples getting married, as well as corresponding catering services, catering equipment rentals, entertainment and decoration.
Key Topics Covered: ABOUT THIS INDUSTRY
Industry Definition
Main activities
Similar Industries
Additional resources
INDUSTRY AT A GLANCE INDUSTRY PERFORMANCE
Executive Summary
Key External Factors
Current performance
Industry Insights
Industry Life Cycle
PRODUCE
Supply Chain
Produce
Determinants of demand
Main Markets
International exchange
Business Locations
COMPETITIVE LANDSCAPE
Concentration of market shares
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Globalization of the industry
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Help to the industry
KEY STATS
Industry Data
Yearly change
Key Ratios
JARGON & GLOSSARY For more information on this report, https://www. researchandmarkets. com/r/1wzxe6
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