Global Death Care Services Industry

Global Death Care Services Industry

  • April 2022 •
  • 525 pages •
  • Report ID: 5960605 •
  • Format: PDF
Abstract:
What’s New for 2022?

- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to our digital archives and MarketGlass Research Platform
- Complimentary updates for one yearGlobal Death Care Services Market to Reach US$154.5 Billion by the Year 2027

- Amid the COVID-19 crisis, the global market for Death Care Services estimated at US$100.7 Billion in the year 2020, is projected to reach a revised size of US$154.5 Billion by 2027, growing at a CAGR of 6.3% over the period 2020-2027.Funeral Homes & Funeral Services, one of the segments analyzed in the report, is projected to grow at a 6.1% CAGR to reach US$108 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cemeteries & Crematories segment is readjusted to a revised 6.8% CAGR for the next 7-year period. This segment currently accounts for a 29.1% share of the global Death Care Services market.

- The U.S. Accounts for Over 33.9% of Global Market Size in 2020, While China is Forecast to Grow at a 8% CAGR for the Period of 2020-2027

- The Death Care Services market in the U.S. is estimated at US$34.1 Billion in the year 2020. The country currently accounts for a 33.92% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$18.7 Billion in the year 2027 trailing a CAGR of 8% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.1% and 6.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.6% CAGR while Rest of European market (as defined in the study) will reach US$18.7 Billion by the year 2027.

- Select Competitors (Total 220 Featured) Astral Industries, Inc. Baalmann Mortuary Charbonnet Family Services CJ. Boots Casket Company Classic Memorials Inc Creter Vault Corporation Doric Products Inc Giles Memory Gardens Hillebrand Funeral Homes Inc Kepner Funeral Homes McMahon, Lyon & Hartnett Funeral Home, Inc. Musgrove Mortuaries & Cemeteries NorthStar Memorial Group, LLC StoneMor Partners L.P.