The wedding market is predicted to be getting a boost in 2018, thanks to the upcoming marriage of Prince Harry and US actor Meghan Markle. The last royal wedding saw the UK population put their doubts to one side as they flocked to say ‘I do’.
Everyone loves a good old-fashioned wedding and royal weddings are even more popular than most, giving the whole country a good reason to celebrate and feel the love. The retail-boosting effect is particularly welcome in the party industry, but what’s even more interesting is the influence a significant wedding has on the popularity of marriage in general.
Design-led tableware and décor company Neviti is predicting more weddings this year which it believes should boost sales of wedding lines this year.
“There was a dramatic increase in the number of weddings taking place between 2010 and 2012,” points out director Tracy Cooper, “thanks in part to William and Kate’s wedding. We expect to see a similar boost later this year.”
The royal couple’s nuptials are expected to boost the UK economy significantly, although estimates vary widely, ranging from £60million to £500million.