The Death Care Market is expected to register a CAGR of 6.8% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented based on Operations (Funeral Homes, Cemetaries), Agreement (At-Need, Pre-Need) and Products and Services (Caskets and Vaults, Facility Rentals, Embalming and Cosmetic Preparation, Urns). The global analysis is further broken down at the regional level and major countries. The global analysis is broken down at the regional level and major countries. The market evaluation is presented in US$ for the above segmental analysis.
Purpose of the ReportThe report Death Care Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Death Care Market Segmentation
Operations- Funeral Homes
- Cemetaries
- At-Need
- Pre-Need
- Caskets and Vaults
- Facility Rentals
- Embalming and Cosmetic Preparation
- Urns
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Death Care Market Growth Drivers- Aging Population: The increasing elderly population leads to higher death rates.
- Rising Urbanization: Urbanization leads to increased demand for professional death care services.
- Changing Cultural Attitudes: Changing attitudes towards death and funerals drive demand for personalized services.
- Digitalization: Online planning, virtual memorials, and digital legacy services are gaining popularity.
- Green Funerals: Eco-friendly options like green burials and natural burials are becoming more common.
- Personalized Services: Tailored funeral services to reflect individual preferences and cultural backgrounds.
- Emerging Markets: Expanding into emerging markets with growing middle classes.
- Niche Services: Specializing in niche services like pet funerals or celebrity burials.
- Value-Added Services: Offering additional services like grief counseling and estate planning.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Death Care Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Death Care Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
The leading players of the market are: Service Corporation International, Batesville, P and L Manufacturing, Matthews International Corporation, Stonemor, Wilbert Funeral Services, Carriage Services, Fu Shou Yuan International Group, Lungyen Life Service Corporation, Ltd, Burial Planning
The future trends of the Death Care Market are: Digitalization, Green Funerals and Personalized Services
Death Care Market is expected to grow at a CAGR of 6.8% between 2023-2031
The driving factors impacting the Death Care Market are: Aging Population, Rising Urbanization and Changing Cultural Attitudes
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Death Care Market - By Operations
1.3.2 Death Care Market - By Arrangement
1.3.3 Death Care Market - By Products and Services
1.3.4 Death Care Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. DEATH CARE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. DEATH CARE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. DEATH CARE MARKET - GLOBAL MARKET ANALYSIS
6.1. DEATH CARE - GLOBAL MARKET OVERVIEW
6.2. DEATH CARE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. DEATH CARE MARKET - REVENUE AND FORECASTS TO 2028 - OPERATIONS
7.1. OVERVIEW
7.2. OPERATIONS MARKET FORECASTS AND ANALYSIS
7.3. FUNERAL HOMES
7.3.1. Overview
7.3.2. Funeral Homes Market Forecast and Analysis
7.4. CEMETARIES
7.4.1. Overview
7.4.2. Cemetaries Market Forecast and Analysis
8. DEATH CARE MARKET - REVENUE AND FORECASTS TO 2028 - ARRANGEMENT
8.1. OVERVIEW
8.2. ARRANGEMENT MARKET FORECASTS AND ANALYSIS
8.3. AT-NEED
8.3.1. Overview
8.3.2. At-Need Market Forecast and Analysis
8.4. PRE-NEED
8.4.1. Overview
8.4.2. Pre-Need Market Forecast and Analysis
9. DEATH CARE MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCTS AND SERVICES
9.1. OVERVIEW
9.2. PRODUCTS AND SERVICES MARKET FORECASTS AND ANALYSIS
9.3. CASKETS AND VAULTS
9.3.1. Overview
9.3.2. Caskets and Vaults Market Forecast and Analysis
9.4. FACILITY RENTALS
9.4.1. Overview
9.4.2. Facility Rentals Market Forecast and Analysis
9.5. EMBALMING AND COSMETIC PREPARATION
9.5.1. Overview
9.5.2. Embalming and Cosmetic Preparation Market Forecast and Analysis
9.6. URNS
9.6.1. Overview
9.6.2. Urns Market Forecast and Analysis
9.7. OTHERS
9.7.1. Overview
9.7.2. Others Market Forecast and Analysis
10. DEATH CARE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Death Care Market Overview
10.1.2 North America Death Care Market Forecasts and Analysis
10.1.3 North America Death Care Market Forecasts and Analysis - By Operations
10.1.4 North America Death Care Market Forecasts and Analysis - By Arrangement
10.1.5 North America Death Care Market Forecasts and Analysis - By Products and Services
10.1.6 North America Death Care Market Forecasts and Analysis - By Countries
10.1.6.1 United States Death Care Market
10.1.6.1.1 United States Death Care Market by Operations
10.1.6.1.2 United States Death Care Market by Arrangement
10.1.6.1.3 United States Death Care Market by Products and Services
10.1.6.2 Canada Death Care Market
10.1.6.2.1 Canada Death Care Market by Operations
10.1.6.2.2 Canada Death Care Market by Arrangement
10.1.6.2.3 Canada Death Care Market by Products and Services
10.1.6.3 Mexico Death Care Market
10.1.6.3.1 Mexico Death Care Market by Operations
10.1.6.3.2 Mexico Death Care Market by Arrangement
10.1.6.3.3 Mexico Death Care Market by Products and Services
10.2. EUROPE
10.2.1 Europe Death Care Market Overview
10.2.2 Europe Death Care Market Forecasts and Analysis
10.2.3 Europe Death Care Market Forecasts and Analysis - By Operations
10.2.4 Europe Death Care Market Forecasts and Analysis - By Arrangement
10.2.5 Europe Death Care Market Forecasts and Analysis - By Products and Services
10.2.6 Europe Death Care Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Death Care Market
10.2.6.1.1 Germany Death Care Market by Operations
10.2.6.1.2 Germany Death Care Market by Arrangement
10.2.6.1.3 Germany Death Care Market by Products and Services
10.2.6.2 France Death Care Market
10.2.6.2.1 France Death Care Market by Operations
10.2.6.2.2 France Death Care Market by Arrangement
10.2.6.2.3 France Death Care Market by Products and Services
10.2.6.3 Italy Death Care Market
10.2.6.3.1 Italy Death Care Market by Operations
10.2.6.3.2 Italy Death Care Market by Arrangement
10.2.6.3.3 Italy Death Care Market by Products and Services
10.2.6.4 Spain Death Care Market
10.2.6.4.1 Spain Death Care Market by Operations
10.2.6.4.2 Spain Death Care Market by Arrangement
10.2.6.4.3 Spain Death Care Market by Products and Services
10.2.6.5 United Kingdom Death Care Market
10.2.6.5.1 United Kingdom Death Care Market by Operations
10.2.6.5.2 United Kingdom Death Care Market by Arrangement
10.2.6.5.3 United Kingdom Death Care Market by Products and Services
10.2.6.6 Rest of Europe Death Care Market
10.2.6.6.1 Rest of Europe Death Care Market by Operations
10.2.6.6.2 Rest of Europe Death Care Market by Arrangement
10.2.6.6.3 Rest of Europe Death Care Market by Products and Services
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Death Care Market Overview
10.3.2 Asia-Pacific Death Care Market Forecasts and Analysis
10.3.3 Asia-Pacific Death Care Market Forecasts and Analysis - By Operations
10.3.4 Asia-Pacific Death Care Market Forecasts and Analysis - By Arrangement
10.3.5 Asia-Pacific Death Care Market Forecasts and Analysis - By Products and Services
10.3.6 Asia-Pacific Death Care Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Death Care Market
10.3.6.1.1 Australia Death Care Market by Operations
10.3.6.1.2 Australia Death Care Market by Arrangement
10.3.6.1.3 Australia Death Care Market by Products and Services
10.3.6.2 China Death Care Market
10.3.6.2.1 China Death Care Market by Operations
10.3.6.2.2 China Death Care Market by Arrangement
10.3.6.2.3 China Death Care Market by Products and Services
10.3.6.3 India Death Care Market
10.3.6.3.1 India Death Care Market by Operations
10.3.6.3.2 India Death Care Market by Arrangement
10.3.6.3.3 India Death Care Market by Products and Services
10.3.6.4 Japan Death Care Market
10.3.6.4.1 Japan Death Care Market by Operations
10.3.6.4.2 Japan Death Care Market by Arrangement
10.3.6.4.3 Japan Death Care Market by Products and Services
10.3.6.5 South Korea Death Care Market
10.3.6.5.1 South Korea Death Care Market by Operations
10.3.6.5.2 South Korea Death Care Market by Arrangement
10.3.6.5.3 South Korea Death Care Market by Products and Services
10.3.6.6 Rest of Asia-Pacific Death Care Market
10.3.6.6.1 Rest of Asia-Pacific Death Care Market by Operations
10.3.6.6.2 Rest of Asia-Pacific Death Care Market by Arrangement
10.3.6.6.3 Rest of Asia-Pacific Death Care Market by Products and Services
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Death Care Market Overview
10.4.2 Middle East and Africa Death Care Market Forecasts and Analysis
10.4.3 Middle East and Africa Death Care Market Forecasts and Analysis - By Operations
10.4.4 Middle East and Africa Death Care Market Forecasts and Analysis - By Arrangement
10.4.5 Middle East and Africa Death Care Market Forecasts and Analysis - By Products and Services
10.4.6 Middle East and Africa Death Care Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Death Care Market
10.4.6.1.1 South Africa Death Care Market by Operations
10.4.6.1.2 South Africa Death Care Market by Arrangement
10.4.6.1.3 South Africa Death Care Market by Products and Services
10.4.6.2 Saudi Arabia Death Care Market
10.4.6.2.1 Saudi Arabia Death Care Market by Operations
10.4.6.2.2 Saudi Arabia Death Care Market by Arrangement
10.4.6.2.3 Saudi Arabia Death Care Market by Products and Services
10.4.6.3 U.A.E Death Care Market
10.4.6.3.1 U.A.E Death Care Market by Operations
10.4.6.3.2 U.A.E Death Care Market by Arrangement
10.4.6.3.3 U.A.E Death Care Market by Products and Services
10.4.6.4 Rest of Middle East and Africa Death Care Market
10.4.6.4.1 Rest of Middle East and Africa Death Care Market by Operations
10.4.6.4.2 Rest of Middle East and Africa Death Care Market by Arrangement
10.4.6.4.3 Rest of Middle East and Africa Death Care Market by Products and Services
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Death Care Market Overview
10.5.2 South and Central America Death Care Market Forecasts and Analysis
10.5.3 South and Central America Death Care Market Forecasts and Analysis - By Operations
10.5.4 South and Central America Death Care Market Forecasts and Analysis - By Arrangement
10.5.5 South and Central America Death Care Market Forecasts and Analysis - By Products and Services
10.5.6 South and Central America Death Care Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Death Care Market
10.5.6.1.1 Brazil Death Care Market by Operations
10.5.6.1.2 Brazil Death Care Market by Arrangement
10.5.6.1.3 Brazil Death Care Market by Products and Services
10.5.6.2 Argentina Death Care Market
10.5.6.2.1 Argentina Death Care Market by Operations
10.5.6.2.2 Argentina Death Care Market by Arrangement
10.5.6.2.3 Argentina Death Care Market by Products and Services
10.5.6.3 Rest of South and Central America Death Care Market
10.5.6.3.1 Rest of South and Central America Death Care Market by Operations
10.5.6.3.2 Rest of South and Central America Death Care Market by Arrangement
10.5.6.3.3 Rest of South and Central America Death Care Market by Products and Services
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. DEATH CARE MARKET, KEY COMPANY PROFILES
12.1. SERVICE CORPORATION INTERNATIONAL
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. BATESVILLE
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. P AND L MANUFACTURING
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. MATTHEWS INTERNATIONAL CORPORATION
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. STONEMOR
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. WILBERT FUNERAL SERVICES
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. CARRIAGE SERVICES
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. FU SHOU YUAN INTERNATIONAL GROUP
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. LUNGYEN LIFE SERVICE CORPORATION, LTD
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. BURIAL PLANNING
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Service Corporation International
2. Batesville
3. P and L Manufacturing
4. Matthews International Corporation
5. Stonemor
6. Wilbert Funeral Services
7. Carriage Services
8. Fu Shou Yuan International Group
9. Lungyen Life Service Corporation, Ltd
10. Burial Planning
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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