Funeral Products and Services Market
Funeral Products and Services Market Analysis Traditional, Memorial, and Immediate Products and Services from 2023 to 2033
Analysis of Funeral Products and Services Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Funeral Products and Services Market Outlook (2023 to 2033)
The global funeral products and services market stands at US$ 62.5 billion in 2023 and is forecasted to exhibit expansion at 6.1% CAGR over the next ten years. As such, global demand for funeral products and services is extrapolated to rake in a revenue of US$ 113 billion by 2033-end.
A noticeable surge in mortality rates around the world has been observed in recent years, especially with the onset of COVID, and this is a prime factor that is projected to bolster funeral products and service demand in the future. Increasing prevalence of chronic disorders and poor nutritional choices of people are contributing to the increasing number of deaths globally.
- As per statistics listed on the Our World in Data website, around 67.1 million deaths were recorded in the year 2022, which was slightly lower than the 69.25 million recorded in 2021.
A major spike in death rates was caused by the global COVID-19 pandemic that started in early 2020 and shook the world to its core. The inability of humans to procure a vaccine for coronavirus and a bigger inability to contain it led to a historical spike in mortality rates around the world and thus, bolstered demand for funeral services and funeral products.
The sudden spike in demand and gaps in supply chain management due to trade restrictions and nationwide lockdowns resulted in a crisis for the funeral products and services industry in 2020. The worst of this was seen in countries such as India and Italy, where deaths were peaking like no one had ever expected.
- In March 2020, funeral homes and funeral companies were struggling with the shortage of coffins and piling up of corpses in Italy due to an overwhelming hike in the number of deaths due to coronavirus. Antonio Ricciardi, the president of CFB, a funeral director company in Bergamo, stated that a generation had died in just a couple of weeks and it just made him cry.
Expanding aging population, increasing urbanization, the advent of chronic diseases, the increasing number of euthanasia procedures, and changing climatic conditions are key factors that are anticipated to contribute to surging demand for funeral products such as funeral home supplies, memorial bookmarks, funeral home cremation units, cremation urns, etc. in the future.
Increasing pet ownership is also set to uplift the demand for pet funeral products and services over the next ten years.
Report Attributes |
Details |
|
Funeral Products and Services Market Size (2023) |
US$ 62.5 Billion |
|
Projected Market Value (2033F) |
US$ 113 Billion |
|
Global Market Growth Rate (2023 to 2033) |
6.1% CAGR |
|
Market Share of At-need Funeral Planning (2022) |
>45% |
|
Key Companies Profiled |
|
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How are Start-ups Redefining the End-of-Life Experience?
“New Companies Developing Novel Deathtech Services & Products”
The funeral products and services industry has not seen huge reforms and has been running traditionally as compared to several other industries in the world. New funeral products and service providers are now stepping into the funeral industry to modernize it and change the perception regarding traditional funeral services and practices.
From funeral planning services to biodegradable urns to supporting grieving relatives and family, new companies are coming up with innovative solutions and services that make the end-of-life experience a little better, even though the loss of a loved one cannot be compensated by any means.
- A London-based start-up known as Farewill provides almost all end-of-life services ranging from will-writing to cremation services. The company offers all of its services through a simplified platform without any hidden costs and assists 24x7 with a team of in-house specialists. In 2020, the company raised around US$ 23 million to expand its business scope.
- Bios Urn, a new company based in Spain, is developing urns for people that are completely biodegradable. The family members of the deceased can choose a seed of their choice that is contained in the biodegradable urn in which the ashes of their loved ones are stored.
- A start-up founded in 2015 called Beyond is allowing people to arrange funerals or write their will online in a mere 15 minutes timeframe. The company also raised around US$ 2.4 million in 2018 to scale its business in the United Kingdom.
New funeral products and service companies are also rapidly utilizing digitized technologies to create a more inclusive funeral experience without any hassle.
- Vivo Recuerdo, a funeral services company founded in 2017, is creating a unique memorial experience by working with funeral homes and allowing far-away family members and friends to be present at funeral services in real-time.
This recently updated funeral products and services market research analysis by Fact.MR, a market research and competitive intelligence provider, proffers a comprehensive account of how new developments by start-ups influence trends such as supply chain management, local supply, product standards, etc., to provide a realistic current and forecasted assessment of the global industry.
Country-wise Insights
Why is Demand for Funeral Products and Services High in Japan?
“Presence of High Senescent Population Driving Sales of Funeral Products”
- More than 1/3 of the population of Japan is over the age of 60 and the geriatric population of the country is expected to rise further over the coming years.
Elder people are more at risk of death and this is a prime factor that is slated to uplift the demand for funeral products such as steel caskets, veteran cremation urns, concrete burial vaults, etc. in the future.
- A majority of the people in Japan (roughly 99%) are cremated after their death, which is the highest of any other country in the world.
The aforementioned factor is anticipated to bolster demand for concrete cremation burial vaults and other types of funeral urns over the coming years. The rising prevalence of chronic diseases and the rising death toll due to those diseases are also projected to bolster market growth in Japan through 2033.
Why Should Funeral Product Manufacturers Invest in Europe?
“High Mortality Rate and Increasing Aging Population”
The number of recorded deaths has witnessed an increase in European countries in recent years and this trend is projected to primarily boost demand for funeral products and services in the future. Adoption of sedentary lifestyles, poor eating habits, rapid urbanization, expanding geriatric population, and high incidence of chronic disorders are some key factors that are contributing to the high mortality rate in most European countries.
- As per an article published on the Eurostat website, the excess mortality rate in the European Union reached +19% of the average deaths for the same period of normal baseline i.e. 2016 to 2019 in the pre-pandemic era.
Germany, Austria, and France are anticipated to be key markets in this region for funeral products and service providers throughout the forecast period.
- As per the statistics provided by the National Institute of Demographic Studies, France has witnessed an increase of nearly 24% in the number of deaths in the past ten years with the number peaking in 2020 owing to COVID-19 pandemic-related mortalities.
All of the aforementioned statistics and factors point towards a lucrative setting for established and upcoming funeral service and product providers in the European region.
Which Key Trend is Expected to Change Funeral Product and Service Demand in the United States?
“Legalization of Human Composting Transforming Demand for Funeral Products”
Sustainability is crucially shaping the world in several ways and now the way we die is also being transformed through this trend. The people of the United States are looking for greener alternatives to the way death is dealt with and for this, they are turning towards human composting.
A process called ‘natural organic reduction,’ which uses oxygen and heat to speed up the microbial process to turn the deceased human body into the soil is being used for human composting.
- In January 2023, New York became the sixth state in the United States to legalize human composting after Washington, Colorado, Oregon, Vermont, and California did the same previously.
Start-ups such as Recompose and Return Home are taking advantage of this legalization and setting up their shops in the aforementioned states to redefine funerals in an eco-friendly manner and establish a name for themselves in the funeral products and services marketplace. Social and religious commitments and constraints are expected to be key challenges for these start-ups to flourish across the forecast period in the United States and around the world.
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Category-wise Insights
Which Type of Funeral Planning Accounts for High Revenue Share?
“At-need Planning Leading Market Expansion”
Based on funeral planning, the market for funeral products and services is segmented into pre-need, at-need, and others.
Currently, at-need funeral planning services account for an authoritative market share and are projected to maintain a major share by the end of 2033 as well. However, the growing popularity of the funeral pre-planning trend around the world is projected to shave off some of the market share from the at-need segment over the next ten years.
The shrinking availability of cemetery spaces and the shortage of funeral products such as caskets, burial urns, burial vaults, etc. are also expected to uplift the demand for pre-need funeral planning going forward.
Competitive Landscape
Leading funeral products and service companies are focusing on expanding their business scope by penning collaborations, mergers, and acquisitions that give them a competitive advantage over other market players.
- In November 2022, Foundation Partners Group, a renowned name in the deathcare industry, announced that it had acquired an online cremation company called Solace Cremation. Foundation Group has further strengthened its digital funeral service portfolio through this acquisition as the company acquired Tulip Cremation back in July 2019.
Key Segments of Funeral Products and Services Industry Research
-
By Service Type :
- Traditional
- Memorial
- Immediate
-
By Funeral Planning :
- At-Need
- Pre-Need
- Others
-
By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
Table of Content
1. Global Market Outlook 2. Global Market - Executive Summary 3. Global Market Overview 3.1. Introduction 3.1.1. Global Market Taxonomy 3.1.2. Global Market Definition 3.2. Global Market Size (US$ Mn) and Forecast, 2023-2033 3.2.1. Global Market Y-o-Y Growth 3.3. Global Market Dynamics 3.4. Cost Structure 3.5. Market Trends 3.6. Key Facts 3.7. Buyer Trends 3.8. Porter’s Analysis 3.9. Causes of death by rate 3.10. Pricing Analysis 3.11. Deaths by Age Group 3.12. List of Suppliers/ Distributor 3.13. Value Chain Analysis 3.14. Key Participants in the Market by Region 4. Global Market Analysis and Forecast, 2023-2033 4.1. Global Market Size and Forecast by Service Type, 2023-2033 4.1.1. Traditional Market Size and Forecast, 2023-2033 4.1.1.1. Revenue (US$ Mn) Comparison, By Region 4.1.1.2. Market Share Comparison, By Region 4.1.1.3. Y-o-Y growth Comparison, By Region 4.1.2. Memorial Market Size and Forecast, 2023-2033 4.1.2.1. Revenue (US$ Mn) Comparison, By Region 4.1.2.2. Market Share Comparison, By Region 4.1.2.3. Y-o-Y growth Comparison, By Region 4.1.3. Immediate Market Size and Forecast, 2023-2033 4.1.3.1. Revenue (US$ Mn) Comparison, By Region 4.1.3.2. Market Share Comparison, By Region 4.1.3.3. Y-o-Y growth Comparison, By Region 4.2. Global Market Size and Forecast by Funeral Planning, 2023-2033 4.2.1. At-Need Market Size and Forecast, 2023-2033 4.2.1.1. Revenue (US$ Mn) Comparison, By Region 4.2.1.2. Market Share Comparison, By Region 4.2.1.3. Y-o-Y growth Comparison, By Region 4.2.2. Pre-Need Market Size and Forecast, 2023-2033 4.2.2.1. Revenue (US$ Mn) Comparison, By Region 4.2.2.2. Market Share Comparison, By Region 4.2.2.3. Y-o-Y growth Comparison, By Region 4.2.3. Others Market Size and Forecast, 2023-2033 4.2.3.1. Revenue (US$ Mn) Comparison, By Region 4.2.3.2. Market Share Comparison, By Region 4.2.3.3. Y-o-Y growth Comparison, By Region 4.3. Global Market Size and Forecast, 2023-2033 4.3.1. North America Market Size and Forecast, 2023-2033 4.3.1.1. Revenue (US$ Mn) Comparison, By Service Type 4.3.1.2. Revenue (US$ Mn) Comparison, By Funeral Planning 4.3.2. Latin America Market Size and Forecast, 2023-2033 4.3.2.1. Revenue (US$ Mn) Comparison, By Service Type 4.3.2.2. Revenue (US$ Mn) Comparison, By Funeral Planning 4.3.3. Europe Market Size and Forecast, 2023-2033 4.3.3.1. Revenue (US$ Mn) Comparison, By Service Type 4.3.3.2. Revenue (US$ Mn) Comparison, By Funeral Planning 4.3.4. Japan Market Size and Forecast, 2023-2033 4.3.4.1. Revenue (US$ Mn) Comparison, By Service Type 4.3.4.2. Revenue (US$ Mn) Comparison, By Funeral Planning 4.3.5. APEJ Market Size and Forecast, 2023-2033 4.3.5.1. Revenue (US$ Mn) Comparison, By Service Type 4.3.5.2. Revenue (US$ Mn) Comparison, By Funeral Planning 4.3.6. MEA Market Size and Forecast, 2023-2033 4.3.6.1. Revenue (US$ Mn) Comparison, By Service Type 4.3.6.2. Revenue (US$ Mn) Comparison, By Funeral Planning 5. North America Market Analysis and Forecast, By Country, 2023-2033 5.1. North America Outlook 5.2. North America Market Overview 5.3. US Market Size and Forecast, 2023-2033 5.3.1. Revenue (US$ Mn) Comparison, By Service Type 5.3.2. Revenue (US$ Mn) Comparison, By Funeral Planning 5.4. Canada Market Size and Forecast, 2023-2033 5.4.1. Revenue (US$ Mn) Comparison, By Service Type 5.4.2. Revenue (US$ Mn) Comparison, By Funeral Planning 6. Latin America Market Analysis and Forecast, By Country, 2023-2033 6.1. Latin America Outlook 6.2. Latin America Market Overview 6.3. Brazil Market Size and Forecast, 2023-2033 6.3.1. Revenue (US$ Mn) Comparison, By Service Type 6.3.2. Revenue (US$ Mn) Comparison, By Funeral Planning 6.4. Mexico Market Size and Forecast, 2023-2033 6.4.1. Revenue (US$ Mn) Comparison, By Service Type 6.4.2. Revenue (US$ Mn) Comparison, By Funeral Planning 6.5. Argentina Market Size and Forecast, 2023-2033 6.5.1. Revenue (US$ Mn) Comparison, By Service Type 6.5.2. Revenue (US$ Mn) Comparison, By Funeral Planning 7. Europe Market Analysis and Forecast, By Country, 2023-2033 7.1. Europe Outlook 7.2. Europe Market Overview 7.3. Germany Market Size and Forecast, 2023-2033 7.3.1. Revenue (US$ Mn) Comparison, By Service Type 7.3.2. Revenue (US$ Mn) Comparison, By Funeral Planning 7.4. UK Market Size and Forecast, 2023-2033 7.4.1. Revenue (US$ Mn) Comparison, By Service Type 7.4.2. Revenue (US$ Mn) Comparison, By Funeral Planning 7.5. France Market Size and Forecast, 2023-2033 7.5.1. Revenue (US$ Mn) Comparison, By Service Type 7.5.2. Revenue (US$ Mn) Comparison, By Funeral Planning 7.6. Spain Market Size and Forecast, 2023-2033 7.6.1. Revenue (US$ Mn) Comparison, By Service Type 7.6.2. Revenue (US$ Mn) Comparison, By Funeral Planning 7.7. Italy Market Size and Forecast, 2023-2033 7.7.1. Revenue (US$ Mn) Comparison, By Service Type 7.7.2. Revenue (US$ Mn) Comparison, By Funeral Planning 7.8. Nordic Market Size and Forecast, 2023-2033 7.8.1. Revenue (US$ Mn) Comparison, By Service Type 7.8.2. Revenue (US$ Mn) Comparison, By Funeral Planning 8. Japan Market Analysis and Forecast, 2023-2033 8.1. Japan Outlook 8.2. Japan Market Overview 8.3. Japan Market Size and Forecast, 2023-2033 8.3.1. Revenue (US$ Mn) Comparison, By Service Type 8.3.2. Revenue (US$ Mn) Comparison, By Funeral Planning 9. APEJ Market Analysis and Forecast, By Country, 2023-2033 9.1. APEJ Outlook 9.2. APEJ Market Overview 9.3. China Market Size and Forecast, 2023-2033 9.3.1. Revenue (US$ Mn) Comparison, By Service Type 9.3.2. Revenue (US$ Mn) Comparison, By Funeral Planning 9.4. India Market Size and Forecast, 2023-2033 9.4.1. Revenue (US$ Mn) Comparison, By Service Type 9.4.2. Revenue (US$ Mn) Comparison, By Funeral Planning 9.5. Malaysia Market Size and Forecast, 2023-2033 9.5.1. Revenue (US$ Mn) Comparison, By Service Type 9.5.2. Revenue (US$ Mn) Comparison, By Funeral Planning 9.6. Thailand Market Size and Forecast, 2023-2033 9.6.1. Revenue (US$ Mn) Comparison, By Service Type 9.6.2. Revenue (US$ Mn) Comparison, By Funeral Planning 9.7. Singapore Market Size and Forecast, 2023-2033 9.7.1. Revenue (US$ Mn) Comparison, By Service Type 9.7.2. Revenue (US$ Mn) Comparison, By Funeral Planning 9.8. Australia Market Size and Forecast, 2023-2033 9.8.1. Revenue (US$ Mn) Comparison, By Service Type 9.8.2. Revenue (US$ Mn) Comparison, By Funeral Planning 10. MEA Market Analysis and Forecast, By Country, 2023-2033 10.1. MEA Outlook 10.2. MEA Market Overview 10.3. GCC Countries Market Size and Forecast, 2023-2033 10.3.1. Revenue (US$ Mn) Comparison, By Service Type 10.3.2. Revenue (US$ Mn) Comparison, By Funeral Planning 10.4. South Africa Market Size and Forecast, 2023-2033 10.4.1. Revenue (US$ Mn) Comparison, By Service Type 10.4.2. Revenue (US$ Mn) Comparison, By Funeral Planning 10.5. Nigeria Market Size and Forecast, 2023-2033 10.5.1. Revenue (US$ Mn) Comparison, By Service Type 10.5.2. Revenue (US$ Mn) Comparison, By Funeral Planning 10.6. Israel Market Size and Forecast, 2023-2033 10.6.1. Revenue (US$ Mn) Comparison, By Service Type 10.6.2. Revenue (US$ Mn) Comparison, By Funeral Planning 11. Global Funeral Products & Service Market: Company Share Analysis, Competitive Landscape and Company Profile 11.1. Company Share Analysis 11.2. Global Funeral Products & Service Market: Competitive Landscape 11.3. Global Funeral Products & Service Market: Company Profile 11.3.1. Service Corp. International 11.3.1.1. Company Overview 11.3.1.2. Product Overview 11.3.1.3. Key Financials 11.3.1.4. Key Developments 11.3.1.5. SWOT Analysis 11.3.2. Matthews International Corporation 11.3.2.1. Company Overview 11.3.2.2. Product Overview 11.3.2.3. Key Financials 11.3.2.4. Key Developments 11.3.2.5. SWOT Analysis 11.3.3. Dignity PLC 11.3.3.1. Company Overview 11.3.3.2. Product Overview 11.3.3.3. Key Financials 11.3.3.4. Key Developments 11.3.3.5. SWOT Analysis 11.3.4. StoneMor Partners LP 11.3.4.1. Company Overview 11.3.4.2. Product Overview 11.3.4.3. Key Financials 11.3.4.4. Key Developments 11.3.4.5. SWOT Analysis 11.3.5. InvoCare Ltd. 11.3.5.1. Company Overview 11.3.5.2. Product Overview 11.3.5.3. Key Financials 11.3.5.4. Key Developments 11.3.5.5. SWOT Analysis 11.3.6. Carriage Services Inc. 11.3.6.1. Company Overview 11.3.6.2. Product Overview 11.3.6.3. Key Financials 11.3.6.4. Key Developments 11.3.6.5. SWOT Analysis 11.3.7. Fu Shou Yuan International Group Ltd. 11.3.7.1. Company Overview 11.3.7.2. Product Overview 11.3.7.3. Key Financials 11.3.7.4. Key Developments 11.3.7.5. SWOT Analysis 11.3.8. Funespana SA 11.3.8.1. Company Overview 11.3.8.2. Product Overview 11.3.8.3. Key Financials 11.3.8.4. Key Developments 11.3.8.5. SWOT Analysis 11.3.9. Nirvana Asia Ltd 11.3.9.1. Company Overview 11.3.9.2. Product Overview 11.3.9.3. Key Financials 11.3.9.4. Key Developments 11.3.9.5. SWOT Analysis 11.3.10. San Holdings Inc. 11.3.10.1. Company Overview 11.3.10.2. Product Overview 11.3.10.3. Key Financials 11.3.10.4. Key Developments 11.3.10.5. SWOT Analysis 12. Fact.MR Research Methodology 13. Disclaimer
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List Of Table
TABLE 01: Global Market Value (US$ Mn), 2018-2022
TABLE 02: Global Market Value (US$ Mn), 2023-2033
TABLE 03: Global Market Value (US$ Mn) and Y-o-Y, 2018-2033
TABLE 04: Global Traditional Segment Value (US$ Mn), By Region 2018-2022
TABLE 05: Global Traditional Segment Value (US$ Mn), By Region 2023-2033
TABLE 06: Global Traditional Segment Market Share, By Region 2018-2022
TABLE 07: Global Traditional Segment Market Share, By Region 2023-2033
TABLE 08: Global Traditional Segment Y-o-Y, By Region 2018-2033
TABLE 09: Global Memorial Segment Value (US$ Mn), By Region 2018-2022
TABLE 10: Global Memorial Segment Value (US$ Mn), By Region 2023-2033
TABLE 11: Global Memorial Segment Market Share, By Region 2018-2022
TABLE 12: Global Memorial Segment Market Share, By Region 2023-2033
TABLE 13: Global Memorial Segment Y-o-Y, By Region 2018-2033
TABLE 14: Global Immediate Segment Value (US$ Mn), By Region 2018-2022
TABLE 15: Global Immediate Segment Value (US$ Mn), By Region 2023-2033
TABLE 16: Global Immediate Segment Market Share, By Region 2018-2022
TABLE 17: Global Immediate Segment Market Share, By Region 2023-2033
TABLE 18: Global Immediate Segment Y-o-Y, By Region 2018-2033
TABLE 19: Global At-Need Segment Value (US$ Mn), By Region 2018-2022
TABLE 20: Global At-Need Segment Value (US$ Mn), By Region 2023-2033
TABLE 21: Global At-Need Segment Market Share, By Region 2018-2022
TABLE 22: Global At-Need Segment Market Share, By Region 2023-2033
TABLE 23: Global At-Need Segment Y-o-Y, By Region 2018-2033
TABLE 24: Global Pre-Need Segment Value (US$ Mn), By Region 2018-2022
TABLE 25: Global Pre-Need Segment Value (US$ Mn), By Region 2023-2033
TABLE 26: Global Pre-Need Segment Market Share, By Region 2018-2022
TABLE 27: Global Pre-Need Segment Market Share, By Region 2023-2033
TABLE 28: Global Pre-Need Segment Y-o-Y, By Region 2018-2033
TABLE 29: Global Others Segment Value (US$ Mn), By Region 2018-2022
TABLE 30: Global Others Segment Value (US$ Mn), By Region 2023-2033
TABLE 31: Global Others Segment Market Share, By Region 2018-2022
TABLE 32: Global Others Segment Market Share, By Region 2023-2033
TABLE 33: Global Others Segment Y-o-Y, By Region 2018-2033
TABLE 34: North America Market Value (US$ Mn), By Service Type 2018-2022
TABLE 35: North America Market Value (US$ Mn), By Service Type 2023-2033
TABLE 36: North America Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 37: North America Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 38: Latin America Market Value (US$ Mn), By Service Type 2018-2022
TABLE 39: Latin America Market Value (US$ Mn), By Service Type 2023-2033
TABLE 40: Latin America Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 41: Latin America Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 42: Europe Market Value (US$ Mn), By Service Type 2018-2022
TABLE 43: Europe Market Value (US$ Mn), By Service Type 2023-2033
TABLE 44: Europe Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 45: Europe Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 46: Japan Market Value (US$ Mn), By Service Type 2018-2022
TABLE 47: Japan Market Value (US$ Mn), By Service Type 2023-2033
TABLE 48: Japan Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 49: Japan Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 50: APEJ Market Value (US$ Mn), By Service Type 2018-2022
TABLE 51: APEJ Market Value (US$ Mn), By Service Type 2023-2033
TABLE 52: APEJ Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 53: APEJ Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 54: MEA Market Value (US$ Mn), By Service Type 2018-2022
TABLE 55: MEA Market Value (US$ Mn), By Service Type 2023-2033
TABLE 56: MEA Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 57: MEA Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 58: US Market Value (US$ Mn), By Service Type 2018-2022
TABLE 59: US Market Value (US$ Mn), By Service Type 2023-2033
TABLE 60: US Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 61: US Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 62: Canada Market Value (US$ Mn), By Service Type 2018-2022
TABLE 63: Canada Market Value (US$ Mn), By Service Type 2023-2033
TABLE 64: Canada Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 65: Canada Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 66: Brazil Market Value (US$ Mn), By Service Type 2018-2022
TABLE 67: Brazil Market Value (US$ Mn), By Service Type 2023-2033
TABLE 68: Brazil Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 69: Brazil Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 70: Mexico Market Value (US$ Mn), By Service Type 2018-2022
TABLE 71: Mexico Market Value (US$ Mn), By Service Type 2023-2033
TABLE 72: Mexico Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 73: Mexico Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 74: Argentina Market Value (US$ Mn), By Service Type 2018-2022
TABLE 75: Argentina Market Value (US$ Mn), By Service Type 2023-2033
TABLE 76: Argentina Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 77: Argentina Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 78: Germany Market Value (US$ Mn), By Service Type 2018-2022
TABLE 79: Germany Market Value (US$ Mn), By Service Type 2023-2033
TABLE 80: Germany Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 81: Germany Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 82: UK Market Value (US$ Mn), By Service Type 2018-2022
TABLE 83: UK Market Value (US$ Mn), By Service Type 2023-2033
TABLE 84: UK Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 85: UK Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 86: France Market Value (US$ Mn), By Service Type 2018-2022
TABLE 87: France Market Value (US$ Mn), By Service Type 2023-2033
TABLE 88: France Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 89: France Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 90: Spain Market Value (US$ Mn), By Service Type 2018-2022
TABLE 91: Spain Market Value (US$ Mn), By Service Type 2023-2033
TABLE 92: Spain Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 93: Spain Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 94: Italy Market Value (US$ Mn), By Service Type 2018-2022
TABLE 95: Italy Market Value (US$ Mn), By Service Type 2023-2033
TABLE 96: Italy Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 97: Italy Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 98: Nordic Market Value (US$ Mn), By Service Type 2018-2022
TABLE 99: Nordic Market Value (US$ Mn), By Service Type 2023-2033
TABLE 100: Nordic Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 101: Nordic Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 102: Japan Market Value (US$ Mn), By Service Type 2018-2022
TABLE 103: Japan Market Value (US$ Mn), By Service Type 2023-2033
TABLE 104: Japan Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 105: Japan Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 106: China Market Value (US$ Mn), By Service Type 2018-2022
TABLE 107: China Market Value (US$ Mn), By Service Type 2023-2033
TABLE 108: China Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 109: China Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 110: India Market Value (US$ Mn), By Service Type 2018-2022
TABLE 111: India Market Value (US$ Mn), By Service Type 2023-2033
TABLE 112: India Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 113: India Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 114: Malaysia Market Value (US$ Mn), By Service Type 2018-2022
TABLE 115: Malaysia Market Value (US$ Mn), By Service Type 2023-2033
TABLE 116: Malaysia Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 117: Malaysia Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 118: Thailand Market Value (US$ Mn), By Service Type 2018-2022
TABLE 119: Thailand Market Value (US$ Mn), By Service Type 2023-2033
TABLE 120: Thailand Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 121: Thailand Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 122: Singapore Market Value (US$ Mn), By Service Type 2018-2022
TABLE 123: Singapore Market Value (US$ Mn), By Service Type 2023-2033
TABLE 124: Singapore Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 125: Singapore Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 126: Australia Market Value (US$ Mn), By Service Type 2018-2022
TABLE 127: Australia Market Value (US$ Mn), By Service Type 2023-2033
TABLE 128: Australia Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 129: Australia Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 130: GCC Countries Market Value (US$ Mn), By Service Type 2018-2022
TABLE 131: GCC Countries Market Value (US$ Mn), By Service Type 2023-2033
TABLE 132: GCC Countries Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 133: GCC Countries Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 134: South Africa Market Value (US$ Mn), By Service Type 2018-2022
TABLE 135: South Africa Market Value (US$ Mn), By Service Type 2023-2033
TABLE 136: South Africa Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 137: South Africa Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 138: Nigeria Market Value (US$ Mn), By Service Type 2018-2022
TABLE 139: Nigeria Market Value (US$ Mn), By Service Type 2023-2033
TABLE 140: Nigeria Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 141: Nigeria Market Value (US$ Mn), By Funeral Planning 2023-2033
TABLE 142: Israel Market Value (US$ Mn), By Service Type 2018-2022
TABLE 143: Israel Market Value (US$ Mn), By Service Type 2023-2033
TABLE 144: Israel Market Value (US$ Mn), By Funeral Planning 2018-2022
TABLE 145: Israel Market Value (US$ Mn), By Funeral Planning 2023-2033
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List Of Figures
FIG. 01: Global Market Value (US$ Mn), 2018-2022
FIG. 02: Global Market Value (US$ Mn) Forecast, 2023-2033
FIG. 03: Global Market Value (US$ Mn) and Y-o-Y, 2018-2033
FIG. 04: Global Traditional Segment Market Value (US$ Mn) By Region, 2018-2022
FIG. 05: Global Traditional Segment Market Value (US$ Mn) By Region, 2023-2033
FIG. 06: Global Traditional Segment Y-o-Y Growth Rate, By Region, 2018-2033
FIG. 07: Global Memorial Segment Market Value (US$ Mn) By Region, 2018-2022
FIG. 08: Global Memorial Segment Market Value (US$ Mn) By Region, 2023-2033
FIG. 09: Global Memorial Segment Y-o-Y Growth Rate, By Region, 2018-2033
FIG. 10: Global Immediate Segment Market Value (US$ Mn) By Region, 2018-2022
FIG. 11: Global Immediate Segment Market Value (US$ Mn) By Region, 2023-2033
FIG. 12: Global Immediate Segment Y-o-Y Growth Rate, By Region, 2018-2033
FIG. 13: Global At-Need Segment Market Value (US$ Mn) By Region, 2018-2022
FIG. 14: Global At-Need Segment Market Value (US$ Mn) By Region, 2023-2033
FIG. 15: Global At-Need Segment Y-o-Y Growth Rate, By Region, 2018-2033
FIG. 16: Global Pre-Need Segment Market Value (US$ Mn) By Region, 2018-2022
FIG. 17: Global Pre-Need Segment Market Value (US$ Mn) By Region, 2023-2033
FIG. 18: Global Pre-Need Segment Y-o-Y Growth Rate, By Region, 2018-2033
FIG. 19: Global Others Segment Market Value (US$ Mn) By Region, 2018-2022
FIG. 20: Global Others Segment Market Value (US$ Mn) By Region, 2023-2033
FIG. 21: Global Others Segment Y-o-Y Growth Rate, By Region, 2018-2033
FIG. 22: North America Market Value (US$ Mn), By Service Type 2018-2022
FIG. 23: North America Market Value (US$ Mn), By Service Type 2023-2033
FIG. 24: North America Market Value (US$ Mn), By Funeral Planning 2018-2022
FIG. 25: North America Market Value (US$ Mn), By Funeral Planning 2023-2033
FIG. 26: Latin America Market Value (US$ Mn), By Service Type 2018-2022
FIG. 27: Latin America Market Value (US$ Mn), By Service Type 2023-2033
FIG. 28: Latin America Market Value (US$ Mn), By Funeral Planning 2018-2022
FIG. 29: Latin America Market Value (US$ Mn), By Funeral Planning 2023-2033
FIG. 30: Europe Market Value (US$ Mn), By Service Type 2018-2022
FIG. 31: Europe Market Value (US$ Mn), By Service Type 2023-2033
FIG. 32: Europe Market Value (US$ Mn), By Funeral Planning 2018-2022
FIG. 33: Europe Market Value (US$ Mn), By Funeral Planning 2023-2033
FIG. 34: Japan Market Value (US$ Mn), By Service Type 2018-2022
FIG. 35: Japan Market Value (US$ Mn), By Service Type 2023-2033
FIG. 36: Japan Market Value (US$ Mn), By Funeral Planning 2018-2022
FIG. 37: Japan Market Value (US$ Mn), By Funeral Planning 2023-2033
FIG. 38: APEJ Market Value (US$ Mn), By Service Type 2018-2022
FIG. 39: APEJ Market Value (US$ Mn), By Service Type 2023-2033
FIG. 40: APEJ Market Value (US$ Mn), By Funeral Planning 2018-2022
FIG. 41: APEJ Market Value (US$ Mn), By Funeral Planning 2023-2033
FIG. 42: MEA Market Value (US$ Mn), By Service Type 2018-2022
FIG. 43: MEA Market Value (US$ Mn), By Service Type 2023-2033
FIG. 44: MEA Market Value (US$ Mn), By Funeral Planning 2018-2022
FIG. 45: MEA Market Value (US$ Mn), By Funeral Planning 2023-2033
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- FAQs -
How big is the funeral products and services market?
The global funeral products and services market accounts for a valuation of US$ 62.5 billion in 2023.
What is the forecasted size of the market for funeral products and services?
Funeral product and service demand is set to rake in a revenue of US$ 113 billion by end of 2033.
At what pace will the demand for funeral products and services rise?
The market for funeral products and services is forecasted to progress at 6.1% CAGR from 2023 to 2033.
What is the target market for funeral services?
The aging population and people who are pre-planning their funerals are target segments for funeral service providers.
Who are the key players in the funeral products and services market?
Dignity Plc, StoneMor Partners, InvoCare Ltd., and Carriage Services Inc. are prime funeral product and service providers.
Funeral Products and Services Market