![]() ![]() The site said it does not yet have a cost estimate for 2022, but expects “it’ll be at least 2021 levels.”īut Chi said inflation and continuing problems with supply chains will also contribute to higher wedding-related costs.įor those still in the process of setting a wedding date in 2022, The Knot found that October has emerged as the most popular month, and October 22 the most popular date. On average, couples in 2021 spent a total of $34,000 on their wedding, including the ceremony, reception, engagement and wedding rings, The Knot report said. ![]() Courtesy e.l.f CosmeticsĮ.l.f Cosmetics and Dunkin' launch a makeup collectionĬouples want to go all out on their weddings and aren’t too focused on reining in costs, Tim Chi, CEO of The Knot Worldwide, told CNNBusiness’ Markets Now on Wednesday. The limited edition collection includes five products inspired by Dunkin' coffee and donuts. The nightmare year of 2020 forced the majority of weddings to be canceled or pushed back, and scores of businesses that rely on them for revenue were left struggling to survive. “This year will not only be the year with the most weddings in recent history, but also starts to welcome the next generation of couples - Gen Zers - getting married,” Lauren Kay, executive editor of The Knot, said in a statement.Ī banner year for weddings will be welcome relief not just for brides and grooms, but for the entire wedding industry. The big events will also be much bigger - and likely more expensive amid record levels of consumer price inflation. It anticipates as many as 2.6 million weddings to take place in 2022, up from 2.2 million in 2019, prior to the pandemic. This year’s wedding boom is projected to be big, according to a new report from wedding planning site The Knot. Two years of pandemic uncertainty forced many couples to postpone or even cancel their nuptial celebrations. ![]()
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