India’s wedding market 2nd largest in the world, 40 crores weddings expected in next 15 years

According to CAIT, Knot Worldwide, and Global Opportunity Analysis and Industry Forecast, India’s wedding market is the second largest in the world, next to the US. The forecast expects 40 crores weddings to take place in the next 15 years. As per Wedding Wishlist, over US$50 bn Indian Wedding market is expected to grow at a 30% CAGR.