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Expert: 2022 could be the 'biggest year in the wedding industry'

After the pandemic derailed nuptials in 2020 and 2021, next year is poised to be a non-stop party as engaged couples get to celebrate their unions, one expert said.

“We’re probably going to see 2022 as the biggest year in the wedding industry,” Vishal Joshi, chief officer of Joy, an online wedding planning suite, recently told Yahoo Finance Live. “And I think that even the year after we’re probably going to see a good amount of surge.”

Read more: 5 ways to save money in the post-COVID wedding boom

While vows exchanges and first dances will stay the same, the actual date for the celebration may be a little untraditional. Engaged couples who postponed their nuptials plus newly engaged ones are all vying for the same venues on the same weekends, causing some couples to get creative and select weekday bashes for Fridays, Mondays, and even Thursdays. Calling the calendar “jam-packed,” Joshi predicts “next year is going to be even [crazier.]"

Couples aren’t allowing the delta variant to ruin anyone’s fun or forcing them to dial back guest lists.

“Now, over 60% of all couples are having weddings with over 100 guests,” Joshi said.

Couples aren’t allowing the delta variant to ruin anyone’s fun or forcing them to dial back guest lists. (Photo: Getty)
Couples aren’t allowing the delta variant to ruin anyone’s fun or forcing them to dial back guest lists. (Photo: Getty) (MEDITERRANEAN via Getty Images)

Guests are also eager to partake in festivities and 97% of people surveyed responded that they’re willing to attend weddings again, according to Joy’s platform, which has seen nearly 130% growth over the last year.

But certain couples recognize that large-scale, in-person parties still aren’t for everyone and still might be restricted in certain places so streaming options will continue as a mainstay for weddings with over 40% of couples opting for a virtual component, Joshi explained.

Read more: Here's how the pandemic is changing summer wedding plans

“People realize that technology is a really important aspect because...people cannot communicate with 150 guests that they have in any other way beyond invitations and save the dates,” he said.

Yahoo Money sister site Cashay has a weekly newsletter.
Yahoo Money sister site Cashay has a weekly newsletter.

Stephanie is a reporter for Yahoo Money and Cashay, a new personal finance website. Follow her on Twitter @SJAsymkos.

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