Funeral Services – Global and Regional Market Trends and Analysis 2024-2030 with profiles of 220 major companies including Doric Products, Hillenbrand, 1-800-Flowers.com and Co-operative Group

Funeral Services Market

Dublin, July 18, 2024 (GLOBE NEWSWIRE) — The report “Death Care Services – Global Strategic Business Report” has been added to The Offer.

The global funeral services market is valued at USD 126.8 billion in 2023 and is expected to reach USD 189.8 billion by 2030, growing at a compound annual growth rate of 5.2% from 2023 to 2030. This comprehensive report offers an in-depth analysis of market trends, drivers, and forecasts and helps you make informed business decisions. The key questions answered in the report include:

• How is the global funeral services market expected to develop by 2030?

• What are the key drivers and restraining factors affecting the market?

• Which market segments will grow the most during the forecast period?

• How will the market shares of different regions and segments change by 2030?

• Who are the leading players in the market and what are their prospects?

Key findings:

• Market Growth: Understand the significant growth curve of the funeral homes and burial services segment which is expected to reach $131.9 billion by 2030 growing at a compound annual growth rate of 5%. The cemeteries and crematoriums segment is also expected to grow at a compound annual growth rate of 5.6% over the next 8 years.

• Regional Analysis: Gain insights into the US market, estimated to reach $42.5 billion in 2023, and China, which is forecast to grow at an impressive CAGR of 6.5% per year to reach $24.1 billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and Asia Pacific.

Why you should buy this report:

• Detailed Market Analysis: Get access to a thorough analysis of the global Funeral Services market, covering all major geographic regions and market segments.

• Competitive insights: Get an overview of the competitive landscape, including the market presence of key players in different regions.

• Future Trends and Drivers: Understand the key trends and driving forces shaping the future of the global Funeral Services market.

• Actionable insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

The story goes on

Reporting features:

• Comprehensive market data: Independent analysis of annual sales and market forecasts in millions of US dollars from 2023 to 2030.

• Detailed Regional Analysis: Detailed insights into key markets including the US, China, Japan, Canada, Europe, Asia Pacific, Latin America, Middle East and Africa.

• Company Profiles: Coverage of major players such as Doric Products, Inc., Hillenbrand, Inc., 1-800-Flowers.com, Inc. and more.

• Free Updates: Get free report updates for one year to stay informed of the latest market developments.

Selected competitors (220 presented in total):

MarketGlass Platform

Our reports are complemented by the MarketGlass platform, which brings together industry experts and opinion leaders to deliver high-quality and accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Key Features

Key topics covered

I. METHODOLOGY

II. SUMMARY

1. MARKET OVERVIEW

• Caring for the dead is a sacred task for humans, a culture that lays the foundation for growth in the funeral services market

• Global economic update

• Competition

• Funeral Services – Percentage market share of the main competitors worldwide in 2023 (D)

• Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)

• End-of-life care: A prelude

• Global market outlook and prospects

• Global brands

• Recent market activity

2. Focus on selected players

3. MARKET TRENDS AND DRIVERS

• The death industry’s journey into the digital afterlife: Here’s the story

• Companies rely heavily on technology and innovation

• Startups explore innovative ways to honor the deceased

• Software for funeral homes simplifies processes

• End-of-life care is becoming economically burdensome and ecologically devastating

• To ensure that the cycle of life can continue, environmentally friendly burials are becoming increasingly popular

• Due to a shortage of burial sites, cremation is becoming increasingly popular over traditional burial

• Convenience, cost-effectiveness and environmental benefits that will help eliminate the need for cremation to replace casket burials by 2035: Percent of cremations in North America from 1960 to 2035

• Notable trends affecting the funeral industry

• Amid poverty and unemployment, crowdfunding for funeral services is gaining momentum

• Need for state support in end-of-life care

• Entry of e-commerce retailers offering affordable funeral and memorial products

• Funeral startups follow in the footsteps of e-commerce players to make profits

• Rising funeral costs: opportunities for the funeral services market

• Demand for funeral provision increases due to ageing population

• World population aged 65+ in millions by geographical region for the years 2019, 2025, 2035 and 2050

• Increasing prevalence of chronic diseases and lifestyle diseases drives market growth

• Global cancer incidence: number of new cancer cases in millions for the years 2018, 2020, 2025, 2030, 2035 and 2040

• Global diabetes and population statistics (2021, 2030 and 2045)

• Global HIV prevalence: Number of people with AIDS (in millions) by region, as of June 2021

• Exploitative side of end-of-life care

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/uyguy5

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