High cost pressures are reshaping consumer spending in South Korea’s wedding market
In 2024, there were 222,412 marriages in South Korea, a 14.8% year-over-year growth, according to Statistics Korea. This is the highest growth rate since 1970, though still 7% below the pre-pandemic 2019 level of 239,159 marriages. Although people are continuing to get married, high cost pressures are driving couples to rethink traditional formats in South […]