Originally Posted by
kiwi
FYI
Australian couples are splurging more than $36,000 on their dream wedding, business analysts IBISWorld say.
- Average wedding spend $36,200, up 6.5 pct on 2010/11
- 119,000 couples expected to get married in 2011, up 0.8 pct on 2010
- Average age of couples is 29 for women and 32 for men
- 60 pct of couples blow their wedding budget
- Australia's wedding industry worth $4.3 billion, expected to be $4.7b by 2016/17
Breakdown of wedding industry:
Percentage of wedding expenditure Revenue generated
Venue hire 33.4 pct $1.44 bln
Wedding dresses, clothing 21.9 pct $942.3 mln
Food 15.5 pct $668.3 mln
Photography, filming 11.6 pct $498.3 mln
Flowers, stationery, etc 17.6 pct $758.3 mln
Source: IBISWorld