Wedding industry's revenues could hit $1.5 billion this year in BC
$1 495 860 092
...the revenue projected for BC's wedding industry this year. HelloSafe calculated this number based on the very positive trends of the first half of 2022.
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Wedding celebrations in BC up 2.9% in 2022 compared to 2019, the pre-Covid levels finally surpassed!
Increased revenue for BC’s wedding industry is linked to more weddings being celebrated in the province. In the first six months of 2022, weddings are up 44.5% vs the same period in 2021 or 9,864 versus 6,973 weddings.
We can observe on the below chart that:
- January 2022 is the only month were the number of marriages in BC declined in comparison with 2021 (-46 marriages celebrated).
- In June 2022, the were 1330 more weddings celebrated in BC than during the same time period in 2021 (3006 versus 1776 one year before).
(Source: BC's government)
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BC's wedding industry has already generated $145 million more in revenues during the first half of the year than in 2021
After two very difficult years, the wedding industry is back in BC! With 9,864 marriages celebrated between January and June 2022 in BC, the pre-Covid levels have been passed. "Only" 9,587 marriages were celebrated during the first half of the year 2019, which represents a 2.9% increase in 2022.
The numbers show that:
- In comparison with the first semester 2021, the strong rise in wedding celebrations in 2022 already represents a $145 million increase in revenue for BC's wedding industry
- After a sad January (-5.9%), BC wedding industry's revenues went up month after month in the spring: +44.3% in April, +57% in May and +69.3% in June!
- We expect even stronger growth rates in July and August, when records could be beaten.
| Months | Net turnover change (in CA$) | Turnover change rate |
|---|---|---|
| January | -2,300,000 | -5.86% |
| February | +16,650,000 | +39.41% |
| March | +2,000,000 | +4.0% |
| April | +22,950,000 | +44.31% |
| May | +43,750,000 | +57.11% |
| June | +61,500,000 | +69.26% |
| Total first semester 2022 | +144,550,000 | +41.46% |
City per city: already +60.7% of weddings celebrated in Victoria in 2022 compared to 2021, Vancouver still below pre-covid levels
What are the different trends in BC's largest cities? A close look shows that some are recovering better than the others. For example:
- With 335 marriages celebrated during the first semester 2022, Kelowna has already improved its score by 27.9% over the first half of 2019
- On the hand, despite a 35.7% increase in weddings celebrated during the first half of 2022 vs 2021, Vancouver is still 10% below its pre-Covid score (2132 marriages during the first half of 2019 against 1918 this year)
- The city where celebrations increased the most in BC between the first half of 2021 and 2022 was Victoria: 490 marriages celebrated against 305 one year ago, which represent a 60.7% jump.
- Surrey has almost reached its pre-Covid score during the first half of 2022 (only down by 8 marriages), Richmond has done better (+29 marriages, representing a +7.1% increase) whereas Burnaby is still below (391 marriages in 2022 against 420 during the first half of 2019, representing a 6.9% decrease).
Number of weddings celebrated during the first half of 2019, 2020, 2021 and 2022 in BC's main cities (Source: BC's government)
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The annual turnover of BC's wedding industry could reach $1.5 billion in 2022!
2022 is likely to be a record-breaking year for the wedding industry in British Columbia, considering that many celebrations postponed in 2020 and 2021 will take place this year. The wedding industry revenues in BC could therefore reach unprecedented levels in 2022, with an annual revenue that could exceed $1.5 billion.
| Year | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| Number of marriages celebrated in B.C. | 23,866 | 18,487 | 20,637 | 29,842 |
| Change year after year | - 5,379 | + 2,150 | + 9,205 |
Our methodology
To establish this study , we based our information on data published by the official website of the government of British Columbia and BC Wedding and Event Industry Association. The data collected is from 2019, 2020, 2021 and 2022 which are the most recent years.
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