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Getting married costs $1,000 more than three years ago

Getting married costs $1,000 more than three years ago

Saying “yes” is one of the most momentous—and costly—decisions in many people’s lives. Although this union, whose international day is commemorated every April 30links the life of a couple, it is also the support of an entire industry.

Behind the planning, there are more than twelve businesses, such as flower shops, catering, dresses, parties, among others. At the national level there are close to a million people and 250,000 companies that are dedicated to the field, he said. Carlos Scaglioni Vigilgeneral manager of the corporation De Novios a La República.

rising marriages

During the pandemic, this sector was one of the hardest hit, as many couples had to cancel their events due to restrictions. However, 2022 and the first three months of this year have been on the rise. “All of last year has been high season. We have come to have five weddings a week”he specified to this medium Ricardo Parra del CarpioCoach at Organízate Wedding Planner, who has had his business for thirteen years.

How much does it cost to get married?

Compared to 2019, getting married is now 20% (approximately US$1,000) more expensive, Scaglioni said. Thus, four types of weddings can be found on the market: the simple (US$5,000), the traditional (US$10,000), the premium (US$20,000) and the lavish (more than US$90,000).

For his part, Carpio Vine noted that estimates can be made by number of guests. Thus, the values ​​can range from S/350 to S/700 per person, and among the most expensive they reach prices of S/3,000 for each attendee. “Couples have become more sophisticated and seek exclusivity”accurate.

bridal items

The increase is also conditioned to the rise in costs in various sectors. Those of video and photography would have doubled and that of catering would have an increase of 25%.

In addition, bridal clothing has also had a strong increase. Silvia Carrasco has had her business dedicated to making personalized Andean dresses and decorations “Novias París” for ten years and, currently, her dresses have more than doubled. “In 2019 the premiere rent was S / 1,200, now it has risen to S / 2,800,” she says. Similarly, the sale is between S/4,200 and S/4,500 and before it was only S/2,000 or S/2,500.

Wedding organizers are reactivated after the pandemic.  Source: diffusion

Wedding organizers are reactivated after the pandemic. Source: diffusion

Among the materials for the elaboration of the dresses that have risen the most are the brussels fabric, which from S/200 per meter went to S/350. For its part, the Spanish plain, from costing S/15 per meter, is now at S/50.

keys

Destination weddings. Many couples opt for marriages outside of Lima. The most demanded destination is Cuzco, followed by Ica, Paracas, Tumbes and Piura.

Trends. Boyfriends bet on outdoor marriages such as on beaches or in the countryside.

Wedding industry recovers

During 2020, only 15,000 ceremonies were performed, according to the Association of Municipalities of Peru (AMPE). However, for this 2023 it is expected that more than 100,000 weddings will take place throughout Peru, which would imply a recovery of more than 50% in relation to the pre-pandemic.

At the national level, it is estimated that it will raise approximately US$60,000 milliontaking into account that each wedding spends between US$5,000 and US$10,000.

Source: Larepublica

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