I feel like there’s a lot of here-say as to the state of the wedding industry today so I thought I’d engage our friend ChatGPT, in particular the new “Deep Research” model on ChatGPT 4.5, to see if there was any data out there to back up the anecdotes we’re all hearing and telling.

This is no regular ChatGPT session, it took about 25 minutes of research by the software, which doesn’t necessarily make it right, but it at least feels like it spent 25 minutes searching the web and forming an opinion on the topic, plus it’s a good read nonetheless.

Enjoy this large language model research paper on the state of the wedding market today.

1. Pre‑COVID vs 2025: Market Size and Sales Funnel Metrics

The COVID-19 pandemic caused an unprecedented disruption to wedding markets worldwide. In Australia, the number of registered marriages plummeted from 113,000 in 2019 to just 79,000 in 2020, then rebounded sharply to a record 127,161 weddings in 2022. This “boom” was echoed globally – the US saw an estimated 2.6 million weddings in 2022, the busiest year since 1984 as postponed celebrations crowded into one season. By 2023, however, volumes normalized: Australia logged 118,439 marriages in 2023, down from the 2022 peak and essentially back to pre-pandemic levels. Industry forecasts had anticipated 139,000 Australian weddings in 2023, but the actual number undershot that, reflecting a softer market than expected. Wedding enquiry volumes and bookings similarly peaked during the 2021–2022 catch-up surge and have since eased. With most COVID-postponed events now past, vendors report 2023–24 bookings down by 40–50% compared to “normal” pre-pandemic levels (an anecdotal trend some call the “wedding gap”). In short, after a “boom and bust” cycle the wedding market in 2025 has settled to a new baseline: roughly on par with (or slightly below) 2019 activity in many regions, but with notable shifts in client behavior across the sales funnel.

Average spending on weddings has also fluctuated. Before COVID, Australian weddings cost around A$36,000 on average. By 2023 this average was about A$34,715 per wedding, a small nominal decrease (and a larger drop in real terms given inflation). Industry surveys confirm couples’ budgets have not skyrocketed post-pandemic – in fact many are prioritizing cost savings. One report even suggests the typical Aussie wedding spend fell from A$53,168 in 2019 to A$34,715 in 2023, though more conservative official estimates show only a slight dip (from ~$35K to $34K). Globally, the pattern is similar: in the US, the average wedding in 2022/23 cost roughly $30–35K (USD), comparable to or a bit above 2019 levels. The frequency of bookings and conversion rates have shifted as well. During the 2022 boom, vendors were inundated – many were fully booked and even weekday weddings became common to accommodate demand. Now, in 2025, with the backlog cleared, couples are reverting to traditional Saturday events and vendor calendars have more gaps. Sales funnel metrics like lead volume and conversion are under pressure: competition for new bookings is high, and vendors cite “leads and conversion” as a top challenge. On the customer feedback side, client expectations have evolved (as detailed later), but overall satisfaction remains tied to value – couples still seek great service and are vocal with reviews, pushing professionals to maintain high quality to secure referrals. In summary, by 2025 the core funnel metrics (inquiries, bookings, spend per wedding) are back in a normal range after wild swings, but “normal” itself has been redefined by the pandemic experience and emerging trends.

2. Factors Driving Change in the Wedding Market

A combination of generational, cultural, economic, and social factors has contributed to the shifts observed from pre-2020 to 2025:

Generational Shifts (Millennials vs. Gen Z Brides & Grooms)

Today’s marrying couples straddle older Millennials and younger Gen Z, bringing new attitudes. Gen Z is coming of age for marriage (mid-20s in 2025) and tends to value authenticity, frugality, and tech-savvy planning. Surveys indicate Gen Z couples are far more budget-conscious: 25% of Gen Z respondents say a $10K–$20K wedding budget is “reasonable,” whereas a sizable share of Millennials felt $50K+ was warranted. Planners observe that many Gen Z pairs “opt for low-key weddings,” focusing on what matters to them and cutting the rest. They care about experiences over extravagance – for example, ensuring the day feels personal and is captured on social media, but they’re fine skipping formal invitations, large guest counts, or other trappings. Millennials (now in their 30s and early 40s) have generally shouldered higher costs and larger events, but even they have been influenced by recent changes (many Millennials postponed weddings during COVID and are marrying later). The result is a blending of trends: an average couple in 2025 is around **31 years old (up from late-20s pre-COVID) ******, often tech-enabled and value-conscious. Crucially, marriage itself is less obligatory for younger generations – many are content to delay or forgo it, contributing to a long-term decline in marriage rates. At the same time, some data suggests renewed enthusiasm: 86% of Gen Z surveyed say they envision marriage in their future, signaling that marriage is still valued even if done differently. In short, generational turnover is pushing the industry toward smaller, more personalized, less traditional weddings that reflect Gen Z’s pragmatic outlook, versus the bigger-budget, formulaic weddings that earlier generations often felt obliged to host.

Even before COVID, weddings were evolving culturally – and the pandemic accelerated many non-traditional trends. One major shift is the rise of micro-weddings and elopements. Intimate ceremonies that might have been rare pre-2020 are now mainstream: roughly 16% of couples had weddings with 50 or fewer guests in 2023 (per one US survey), and industry polls show 50–60% of today’s couples actively consider a small ceremony. During lockdowns, couples discovered the appeal of saying “I do” with just close family (or even via Zoom); now, many intentionally choose that route to save money or avoid fuss. Alongside smaller guest lists, there’s a loosening of wedding “rules.” Traditions like the big white gown, formal sit-down dinner, or even Saturday church venue are no longer givens. “There aren’t any rules anymore,” one planner quipped, as Gen Z and Millennials feel free to mix and match elements that suit them. For example, some swap fresh florals for artificial arrangements to save cost and be eco-friendly. Others ditch assigned seating, forego bridal parties, or choose casual settings (backyard, beach, national park) that were once considered unconventional. Sustainability is another cultural value reshaping weddings: about 1 in 4 couples now plan eco-friendly weddings (using recycled décor, local/seasonal food, etc.), reflecting broader environmental consciousness. Additionally, the definition of marriage celebrations has broadened – from multi-day wedding weekends (especially popular with Millennials who include welcome parties, next-day brunches, etc.) to “sequel weddings” (a legal ceremony followed by a celebration later) and inclusive ceremonies for LGBTQ+ and non-binary participants (Australia saw thousands of same-sex marriages after legalization in 2018, integrating that demand). Overall, wedding culture in 2025 is more diverse and personalized: couples feel empowered to do things their way, whether that means a barefoot elopement at sunset or a full-weekend festival. This flexibility was turbocharged by COVID (which proved that small and simple can be just as meaningful), and it persists as a core trend.

Economic Changes (Inflation, Cost of Living, & Spending Priorities)

Economic conditions from 2020–2025 have put weddings under financial pressure. High inflation and cost-of-living increases in recent years directly impact both couples and vendors. Many couples emerging from the pandemic are juggling new financial priorities – housing costs, lost income from recession periods, or simply a desire to build savings over splurging on one day. A recent Australian survey found 30% of couples are spending less on their weddings compared to previous years. In practice, this often means trimming guest lists (cutting down the cost per head) or choosing budget-friendly options. In 2023–24, 65% of Australian couples said cost-of-living pressures affected their wedding budget. Similarly in the US, 85% of engaged couples report inflation has or will affect their plans. While a majority still stick to their “dream” event, about 41% cope by reducing guests and 30% adjust the budget (some even increase their budget to meet rising vendor prices). Indeed, the average Aussie venue cost jumped 6% year-on-year as of 2023, and other categories (catering, photographers, etc.) have seen price hikes. This puts couples in a bind – they expect weddings to be pricey, but there’s a growing sentiment that weddings shouldn’t break the bank. In one poll, 73% of Gen Z and Millennials agreed weddings are too expensive nowadays. As a result, many are consciously reallocating funds: some prioritize saving for a home over an extravagant wedding, while others embrace DIY and cost-cutting measures (weekday weddings, electronic invites, second-hand dresses, etc.). On the flip side, those who do go for big weddings often have to spend more than couples did pre-pandemic, simply due to inflation. It’s reported that couples typically spend 26% over their original budget, and taking on debt for weddings (personal loans, credit cards) has become relatively common in this era of high costs. In summary, economic realities in 2025 have produced a paradox: **the average wedding budget is slightly lower or flat compared to 2019 ******, but the expectations from both clients and suppliers are being squeezed by higher costs. This economic squeeze is a key driver behind the popularity of smaller weddings and the intense focus on value-for-money.

Social Behaviors & COVID’s Lasting Effects

The social landscape after two years of lockdowns and distancing has also left its mark on marriages. One immediate effect was the accumulation of pent-up demand – couples who got engaged in 2020 or 2021 often waited 1–2+ years to marry, leading to the 2022 surge. But beyond that, COVID altered how people socialize, date, and celebrate. Extended lockdowns and remote work changed relationship dynamics: singles had fewer opportunities to meet in person, and many new relationships were delayed or formed online under unusual circumstances. This has fed into what some call a “relationship gap” (explored in detail in section 3) – essentially a shortfall in the number of new couples who would now be reaching the altar. Meanwhile, those who were already in long-term relationships during the pandemic often reevaluated their priorities. Some decided life is short and jumped into marriage or engagement (“lockdown proposals” were a noted trend as people realized their partner was truly The One during quarantine). Others experienced hardship or loss that made the big traditional wedding feel less important. As one Australian bride-to-be observed, seeing the COVID disruptions “made it clear what’s important on our wedding day – making sure the right people are there, not the glitz and glamour.”. This captures a broader post-COVID social ethos: family and meaningful experiences > superficial extravagance. Additionally, remote work and lifestyle changes have allowed more flexibility in planning (e.g. guests now more willing to travel mid-week or work remotely around a wedding trip), but have also blurred work-life boundaries, making some couples very time-poor despite being at home. Another lasting behavior change is caution about unforeseen disruptions – while few couples in 2025 fear COVID will cancel their wedding, many now insure their events or have backup plans (something rare pre-2020). Vendors too remain wary of sudden changes in regulations or travel rules, after being burned by the chaos of postponements (40% of weddings were cancelled or rescheduled over 2020–21). In sum, the social scars and lessons of the pandemic – from how we meet partners to how we value intimate moments – have created a cohort of couples who approach weddings differently than those before them. They are, on the whole, more selective in why/when they marry, more mindful of their guest list composition, and more adaptable to change.

3. The “Relationship Gap” Theory: Fewer Couples After COVID

One striking hypothesis for the downturn in weddings circa 2023–2025 is the “relationship gap” – the idea that the pandemic caused a shortfall in new relationships, which is now translating to fewer engagements and weddings. The concept is supported by data from related industries, notably the diamond trade. Signet Jewelers (owner of Zales, Kay, etc.) observed that as a result of 2020’s dating freeze, engagement ring sales dropped sharply about 3 years later. On average, couples date for 3.25 years before getting engaged. So the missing cohort of couples who didn’t meet or start dating in 2020–21 meant a corresponding dip in proposals around 2023. In the US, typical annual engagements fell from ~2.8 million pre-pandemic to an estimated 2.1–2.2 million in 2023 – a decline Signet directly attributes to “the dating dry spell during the depths of the pandemic”. This engagement gap has a direct pipeline effect on the wedding industry: fewer engagements today mean fewer weddings a year or two down the line.

There is emerging evidence that this gap is also affecting Australia and other markets. Official Australian marriage stats in 2023 showed a drop of about 7% from 2022 (127k down to 118k), which aligns with the tail end of that backlog working through and possibly a shortfall of new couples coming through. Dating app trends during COVID reinforce the theory – while usage of apps like Tinder, Bumble, Hinge remained high (people were swiping in isolation), many users reported it was harder to form real relationships under lockdown conditions. The result: a dip in the number of established couples in the 2020–21 period. Supporting data can even be found upstream in the diamond and jewelry sector beyond Signet. De Beers and other diamond analysts noted a pandemic-related slump: in 2022–23, engagement diamond sales stalled enough that Signet revised revenue forecasts, citing “fewer engagements… as a result of 2020’s forced isolation”. This pattern is expected to be temporary. Experts predict a rebound in engagements by 2024–2025 as the dating landscape has normalized. Signet’s CEO noted that by early 2024, dating activity was actually 8% above pre-COVID levels and that the “engagement gap” was bottoming out in 2023. Indeed, they forecast US engagements to climb back to 2.4–2.5 million in 2024 and fully recover in a few years. If this holds true, the wedding industry should likewise see an upswing a little later (since engagements precede weddings).

Beyond rings and dating apps, marriage rate statistics hint at a similar story. After the aberration of 2020’s record-low marriage rate (3.8 per 1,000 adults in Australia) and the 2022 catch-up high (6.1 per 1,000), 2023’s marriage rate of 5.5 per 1,000 appears to resume the prior downward trajectory. Part of that is the continuation of long-term social change, but part may be this deficit of couples of marrying age. Even the birth rate slump seen in many countries around 2020 could tie in – fewer new relationships and marriages eventually mean fewer babies, and vice versa, reflecting a COVID-induced demographic dent. While it’s difficult to quantify exactly how many “missing weddings” are due to the relationship gap versus economic or cultural reasons, wedding professionals widely felt a sudden slow patch in late 2023 and 2024 that didn’t match the usual patterns. This theory has given the industry a hopeful framing: the lull is cyclical and not purely a sign of permanent decline. If true, the latter half of the 2020s could see a modest rebound as the couples who would have met in 2020 finally find each other a bit later and make their way down the aisle.

4. Impact on Wedding Professionals: Operating in 2025’s New Normal

For celebrants, planners, and other wedding vendors, these shifting dynamics mean that business as usual no longer applies. The landscape of 2025 demands adaptation in multiple facets of operations – from marketing and client communication to pricing and services:

In sum, wedding professionals in 2025 must be agile businesspeople and empathetic service providers. The “new normal” involves more marketing hustle, more customization, and tighter margins – requiring a proactive approach to thrive. Those who adapt (embracing tech, adjusting offerings, collaborating, and standing out in their branding) are still finding success and even new opportunities, whereas those clinging to the 2019 playbook are struggling to meet the moment.

5. Strategic Recommendations for a Sustainable & Profitable Wedding Business

Given the above dynamics, what should the wedding industry – from solo celebrants to large venues – be doing differently to remain sustainable and profitable in 2025 and beyond? Below are strategic recommendations, rooted in current trends and data:

By implementing these strategies, wedding professionals can adapt to the evolving market and safeguard their profitability. The key theme is adaptation – the industry is in flux, but those who stay agile, client-focused, and forward-thinking can absolutely continue to thrive in 2025 and beyond.

6. Outlook: What Lies Ahead for the Wedding Industry

Looking forward, will current conditions improve, stabilize, or continue to evolve? The consensus is a bit mixed, but there are strong indicators to consider:

Bottom line: The wedding industry in 2025 is at a plateau of sorts – not as flush as the post-COVID boom, but poised for subtle growth as the “engagement gap” closes and economic conditions improve. Conditions are likely to stabilize at a new normal that features smaller weddings, later marriages, and digitally-driven experiences. Any improvement will probably be incremental rather than explosive. Industry experts encourage a cautiously optimistic outlook: plan for things as they are now, but be ready to seize opportunities (like a potential uptick in late-decade weddings or an increase in destination weddings as travel fully resumes). By staying adaptable and attuned to couples’ needs, the sector can navigate whatever comes next – whether it’s a steady road or another twist in the tale.

Adapting to the New Wedding Landscape in 2025

The wedding industry has weathered a storm and emerged into a changed landscape. Below, we distill the key insights from our in-depth report into an easy-to-scan guide. Discover what’s changed since pre-COVID, what it means for wedding professionals, and how to thrive in 2025’s market.__

From Boom to Balance: How the Market Has Shifted

In 2019, weddings were a dependable business – about 113,000 couples married in Australia that year, and the average wedding cost around A$35K. Fast forward to 2022: after pandemic lockdowns lifted, we saw a wedding boom. Australia hit a record 127,000 weddings in 2022, and the U.S. had its biggest wedding year since the ’80s. Businesses were flat out, juggling postponed events with new bookings. But by 2023, things cooled off. The number of Aussie weddings fell back to **118,000 (close to pre-COVID norms) **, and surveys showed many vendors facing a slowdown in enquiries. In fact, some wedding photographers and planners reported 40–50% fewer bookings for 2024 compared to the old days. The initial rush of pent-up demand is behind us, and we’ve entered a period of balance.

What about spending? Interestingly, couples are a bit more thrifty now. Pre-pandemic, a $35K budget was typical; today the average Australian wedding spends ~$34K. That’s essentially flat, despite a couple years of inflation. Globally the trend is similar – costs per wedding are up (vendors raised prices), but many couples countered by trimming guest lists or expectations. We’re seeing more “micro-weddings” (think 20–50 people, backyard or boutique venues) and fewer 300-guest extravaganzas. One Aussie study found 60% of couples now prefer intimate ceremonies and are redefining what “luxury” means on their terms. The message: couples still value their big day, but they’re increasingly cost-conscious and selective. They want impact, not necessarily size.

What’s Driving These Changes?

Several big-picture shifts are at play:

How Wedding Pros Should Adapt in 2025

For celebrants, planners, photographers and more, the current climate means adjust and thrive is the mantra. Here are the key adaptations successful pros are making:

Key Stats & Signals to Share

The Road Ahead: Cautious Optimism

The general feeling in the industry is cautiously optimistic. We’re not expecting another huge boom imminently, but we also don’t foresee a crash. It’s more about adapting to a new normal:

In conclusion, the wedding industry of 2025 is leaner and more dynamic than its pre-pandemic self. Australian wedding professionals have proven resilient, and with the right strategies, they can not only survive but thrive in this new era. By focusing on what today’s couples value – authenticity, flexibility, and value for money – and by running smart, modern businesses, celebrants, planners, and all vendors can look forward to a sustainable and even inspiring future. After all, love isn’t cancelled, and there will always be a demand to celebrate it – it’s our job to make those celebrations memorable no matter the circumstances.


Originally published on the Celebrant Institute: https://celebrant.institute/business/when-will-the-tide-turn/.