100 percent hike in fresh flower prices as the wedding season kicks off in full swing

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Mumbai: With the wedding season in full swing in the current year, the demand for decorative flowers along with various items has also increased sharply, resulting in a 100 percent increase in the prices of fresh flowers.

It is estimated that 75 percent of annual flower sales are for weddings.

In recent years, as fresh flowers have become expensive, the use of artificial flowers has increased along with fresh flowers for decoration in wedding ceremonies, said sources at an event management company.

India's approximately $50 billion wedding market has rebounded in the current year after the impact of Corona and it is expected that approximately 32 lakh weddings will be held across the country in the period from November 2022 to February 2023.

Last year, 25 lakh marriages were held during this period. It is also expected that Rs 3.75 lakh crore will be spent on weddings in the current year as compared to Rs 3 lakh crore last year.

North India is witnessing the highest number of marriages in the country. After Corona, it is seen that the guest list is being cut in ceremonies like marriage. The hosts have become very strict in selecting the guests, sources from the event management company added.

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