Party & Event Planners in the US - Market Research Report (2014-2029)

Over the past five years, rising disposable income and a temporary spike in the marriage rate didn’t do much to support demand for event planners, as most consumers and businesses lost their footing following a period of economic volatility. When social distancing guidelines eased, party and event planners experienced a moderate surge as clients who postponed their events during the pandemic were eager to celebrate. This temporary advancement was not enough for party planners to significantly recover, with revenue rising at a CAGR of just 0.1% over the past five years. Revenue will total $6.8 billion in 2024, when it will contract 0.8%.