Party & Event Planning Services: Market Size & Forecast 2026

The global party and event planning services market sits at roughly USD 39 billion in 2025 (base year), on a 6.2% forward CAGR through 2032 in our base case, producing a USD 59 billion endpoint. Demand is split across wedding and engagement planning (28%), corporate event and conference planning (24%), birthday and private parties (14%), with the residual distributed across social and gala events, festival and concert production, venue decor and rentals, and kids' and themed parties. The market is services-led; the dominant cost line is on-site event labor, with venue rental, catering, decor and florals as the next-largest lines. The supply environment has tightened materially through 2024 and 2025 as consolidation among Tier-1 production agencies compressed the supplier pipeline at the top end of the market while private-label and DIY channels expanded at the bottom. > **Analyst Take. O

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