Death Care Market Report 2024 (Global Edition)

Global Death Care Market Report 2024 Market Size Split by Operations (Cemeteries, Funeral Homes), by Application (Child, Teenager, Adult, Senior), by Ownership (Corporate, Family-Owned Business), by P...

Death Care Market Report Description

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Competitive Landscape of the Death Care Market

The competitive landscape of the Death Care market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized Death Care companies, and emerging start-ups aiming to disrupt the market with innovative solutions.

 

Top Companies Market Share in Death Care Industry: (In no particular order of Rank)

• Service Corporation International
• Batesville
• Chemed Corp.
• Matthews International Corporation
• StoneMor Partners
• Wilbert Funeral Services
• Carriage Services
• Fu Shou Yuan International Group
• Lung Yen Life Service Corp
• Guangzhou Funeral Parlor
• Nirvana Asia Ltd.
• Amedisys Inc.
• Shanghai Longhua Funeral Parlor
• LHC Group Inc.
• Shanghai Songheyuan
• Park Lawn Corporation
• Shanhai Haiwan Qinyuan
• Victoriaville & Co.
• Sauder Funeral Products
• Thacker Caskets
• Rock of Ages
• Sich Caskets
• Evergreen Washelli
• Doric Products
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Death Care Market

Which Region Dominates the Death Care Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The death care industry in North America is expanding as a result of factors such growing urbanization, aging populations, and changing consumer preferences. In response to increased demand, funeral houses, crematoriums, and associated services are growing. The market's growth trajectory in the region is also influenced by changes in cultural attitudes towards death and grief and technical advancements.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Death Care market due to several compelling reasons. The market for death care in Asia Pacific is expanding due to changes in the population, particularly urbanization and aging. Market expansion is facilitated by the adoption of novel funeral practices and the growing diversity of consumer preferences. Further driving expansion are modifications to regulations and technological developments in cremation and burial services. All of these elements work together to shape the way the death care sector develops and grows throughout Asia Pacific.

 

The current report Scope analyzes Death Care Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Death Care Market

According to Cognitive Market Research, the global Death Care market size was estimated at USD 122584.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 49033.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031. The death care industry in North America is expanding steadily thanks to changes in customer preferences, technology improvements, and demographic trends. Funeral services, cremations, and cemetery plots are in greater demand due to an aging population and increased urbanization. The cremation industry is one prominent sector that is expanding, driven by factors such as perceived price, environmental concerns, and flexibility in memorialization options. Consequently, cremation rates are rising rapidly throughout the continent. All things considered, the death care industry in North America is distinguished by creativity, flexibility, and a dedication to attending to the many needs of bereaved families and communities. According to Cognitive Market Research, the US had a major share in the Death Care market with a market size of USD 38687.57 million in 2024 and is projected to grow at a CAGR of 2.5% during the forecast period. The demand is amplified by the government initiatives promoting standardized and regulated funeral practices. The Canada Death Care market had a market share of USD 5884.04 million in 2024 and is projected to grow at a CAGR of 3.5% during the forecast period. Canada's cultural traditions influencing the preference for elaborate mourning rituals.. The Mexico Death Care market is projected to witness growth at a CAGR of 3.2% during the forecast period with a market size of USD 4462.06 million in 2024.

Europe Death Care Market

According to Cognitive Market Research, the global Death Care market size was estimated at USD 122584.2 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 36775.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.0% from 2024 to 2031. The market for death care is growing in Europe as a result of cultural and demographic changes. Funeral services, cremations, and cemetery spaces are in greater demand due to the aging population and rising urbanization. The eco-friendly burial choices market is one noteworthy industry that is expanding, indicating a greater consciousness of environmental sustainability. In search of environmentally conscientious end-of-life options, Europeans are turning more and more to natural burial grounds and biodegradable caskets. In general, the death care industry in Europe is distinguished by a fusion of innovation and tradition, offering a range of memorialization alternatives and funeral services to accommodate various cultural and environmental preferences. The United Kingdom Death Care market had a market share of USD 6178.24 million in 2024 and is projected to grow at a CAGR of 3.8% during the forecast period. In the UK, Death Care sales witness an upswing due to shift towards cremation due to limited burial space and environmental concerns. The France Death Care market is projected to witness growth at a CAGR of 2.2% during the forecast period with a market size of USD 3383.32 million in 2024. According to Cognitive Market Research, the Germany Death Care market size was valued at USD 7281.50 million in 2024 and is projected to grow at a CAGR of 3.2% during the forecast period. In Germany, Death Care sales surge due to rising middle-class population seeking higher quality funeral services. The Italy Death Care market is projected to witness growth at a CAGR of 2.4% during the forecast period with a market size of USD 3162.67 million in 2024. The Russia Death Care market is projected to witness growth at a CAGR of 2.0% during the forecast period with a market size of USD 5700.17 million in 2024. The Spain Death Care market is projected to witness growth at a CAGR of 2.1% during the forecast period with a market size of USD 3015.57 million in 2024. The Luxembourg Death Care market is projected to witness growth at a CAGR of 1140.03 % during the forecast period with a market size of USD 1140.03 million in 2024. The Portugal Death Care market is projected to witness growth at a CAGR of 2.8% during the forecast period with a market size of USD 772.28 million in 2024. The Greece Death Care market is projected to witness growth at a CAGR of 3.3% during the forecast period with a market size of USD 441.30 million in 2024. Rest of Europe Death Care market is projected to witness growth at a CAGR of 1.7% during the forecast period with a market size of USD 5700.17 million in 2024. .

Asia Pacific Death Care Market

According to Cognitive Market Research, the global Death Care market size was estimated at USD 122584.2 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 28194.37 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031. The death care industry is expanding significantly in the Asia Pacific area due to factors such as rising levels of urbanization, rising disposable incomes, and shifting societal perceptions of death and grieving. There is an increasing need for funeral services, cremations, and cemetery spaces due to the growing and aging population. The use of technology in death care services, such as virtual funerals and online memorial platforms, is one significant market that is expanding. The death care industry in Asia Pacific offers potential for both established and new competitors to satisfy the changing needs of customers as the area embraces innovation and modernization. According to Cognitive Market Research, the China Death Care market size was valued at USD 12687.46 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. Death Care sales surge in China due to increasing urbanization contributing to the need for funeral homes and cemetery spaces. The Japan Death Care market is projected to witness growth at a CAGR of 5.0% during the forecast period with a market size of USD 3890.82 million in 2024. The India Death Care market had a market share of USD 3383.32 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. The demand is augmented by India's rapid urbanization and modernization fueling demand for death care services. The South Korea Death Care market is projected to witness growth at a CAGR of 5.6% during the forecast period with a market size of USD 2819.44 million in 2024. The Australia Death Care market is projected to witness growth at a CAGR of 6.2% during the forecast period with a market size of USD 1466.11 million in 2024. The South East Asia Death Care market is projected to witness growth at a CAGR of 7.5% during the forecast period with a market size of USD 1945.41 million in 2024. The Rest of Asia Pacific Death Care market is projected to witness growth at a CAGR of 6.3% during the forecast period with a market size of USD 2001.80 million in 2024. .

South America Death Care Market

According to Cognitive Market Research, the global Death Care market size was estimated at USD 122584.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 6129.21 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031. The death care industry in Latin America is changing as a result of both socioeconomic shifts and cultural norms. Funeral services, cremations, and cemetery plots are in higher demand due to urbanization and the growing middle class. The integration of indigenous funeral customs and rituals into mainstream services is one growing section that reflects a movement in culture toward respecting lineage and heritage. The death care market offers suppliers the chance to create creative, culturally sensitive solutions that appeal to the different communities of Latin America, combining modernity with tradition in end-of-life arrangements, as the region's societies change. According to Cognitive Market Research, the Brazil Death Care market size was valued at USD 2623.30 million in 2024 and is projected to grow at a CAGR of 4.5% during the forecast period. Death Care sales flourish in Brazil due to technological advancements driving innovation in funeral services. The Argentina Death Care market had a market share of USD 1029.71 million in 2024 and is projected to grow at a CAGR of 4.8% during the forecast period. The demand is augmented by Argentina's cultural diversity influencing the demand for personalized and customizable funeral arrangements. The Colombia Death Care market is projected to witness growth at a CAGR of 3.7% during the forecast period with a market size of USD 545.50 million in 2024. The Peru Death Care market is projected to witness growth at a CAGR of 4.1% during the forecast period with a market size of USD 502.60 million in 2024. The Chile Death Care market is projected to witness growth at a CAGR of 4.2% during the forecast period with a market size of USD 441.30 million in 2024. The Rest of Latin America Death Care market is projected to witness growth at a CAGR of 3.0% during the forecast period with a market size of USD 986.80 million in 2024. .

Middle East and Africa Death Care Market

According to Cognitive Market Research, the global Death Care market size was estimated at USD 122584.2 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 2451.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031. The market for death care is changing across the Middle East and Africa in the context of sociocultural variety and economic growth. There is an increased demand for funeral services, cremation, and cemetery sites due to the fast urbanization and rise in disposable incomes. Islamic burial services that follow religious rituals and traditions are one market area that is growing. In the Middle East and Africa, the death care market presents a chance for providers to satisfy the specific demands of a diverse population by providing dignified and culturally acceptable end-of-life care, while the region simultaneously experiences modernity and cultural heritage preservation. The GCC Countries Death Care market is projected to witness growth at a CAGR of 5.0% during the forecast period with a market size of USD 1049.32 million in 2024. Death Care sales flourish due to the aging population leading to increased demand for death care services. The Egypt Death Care market is projected to witness growth at a CAGR of 4.5% during the forecast period with a market size of USD 257.43 million in 2024. The South Africa Death Care market is projected to witness growth at a CAGR of 5.2% during the forecast period with a market size of USD 387.37 million in 2024. Death Care sales flourish in the South Africa due to rising preference for cremation over traditional burial methods. The Turkey Death Care market is projected to witness growth at a CAGR of 3.7% during the forecast period with a market size of USD 210.84 million in 2024. The Nigeria Death Care market is projected to witness growth at a CAGR of 3.3% during the forecast period with a market size of USD 257.43 million in 2024. The Rest of MEA Death Care market is projected to witness growth at a CAGR of 3.2% during the forecast period with a market size of USD 289.30 million in 2024. .

Death Care Market Analysis

Death Care Market Operations Segment Analysis

According to Cognitive Market Research, Cemeteries stands out as the dominating category. A rapidly expanding area of the expanding death care industry is cemeteries. The need for burial places is growing as a result of the growing urbanization and worldwide population. Cemetery services are expanding due in part to changing consumer tastes, which include eco-friendly and customized burial options. Consequently, cemetery operators are growing and coming up with new ideas to accommodate the various needs of people and families looking for ways to be buried.

Funeral Homes emerges as the fastest-growing category in the Death Care market. One of the main forces behind the growing death care sector is funeral homes. The need for funeral services is expanding due to urbanization and an aging population. Innovation in funeral home products is driven by technological breakthroughs and changing consumer desires for meaningful and individualized rituals. Funeral homes are expanding as a result, modifying their offerings to satisfy the evolving demands and expectations of bereaved families and communities.

• Cemeteries
• Funeral Homes

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Death Care Industry. Request a Free Sample PDF!

Death Care Market Application Segment Analysis

According to Cognitive Market Research, the dominating category is Teenager. The market for death care is usually not significantly influenced by teenagers. Future trends, however, might be influenced by their changing attitudes and preferences on end-of-life arrangements. Teens may look for cutting-edge, technologically advanced memorialization solutions because they are digital natives. Furthermore, educational programs aimed at this group may increase knowledge about death care services and influence their choices as future death care consumers.

The fastest-growing category in the Death Care market is Adult. The market for death care is expanding due in large part to the adult population. Worldwide aging populations are driving up demand for cremation, burial plots, funeral services, and related services. Furthermore, when people get closer to end-of-life planning, they look for meaningful and customized arrangements, which encourages innovation and business growth. Market dynamics and service offers are influenced by the cultural attitudes and preferences of adult consumers around death and grieving.

• Child
• Teenager
• Adult
• Senior

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Death Care Ownership Segment Analysis

According to Cognitive Market Research, the dominating category is Corporate. The market for death care is expanding, and corporations are becoming more and more important. Big funeral service corporations arise as a result of industry consolidation and acquisitions. These companies provide a broad range of death care services, such as crematoria, cemeteries, and funeral homes. Their presence contributes to the general expansion and development of the market by bringing efficiency, standardized services, and frequently technological breakthroughs.

The fastest-growing category in the Death Care market is Family-Owned Business. Family-run companies, which provide individualized and compassionate services, are essential to the expansion of the death care industry. They provide a variety of cultural and religious needs while putting an emphasis on ties within the community and customs. These companies frequently give bereaved families a feeling of connection and trust, which encourages client loyalty and recommendations. Their dedication and flexibility play a major role in the death care market's growth and resiliency.

• Corporate
• Family-Owned Business

Death Care Products and Services Segment Analysis

According to Cognitive Market Research, the dominating category is Caskets and Vaults. Due to the rising demand for premium, customized burial solutions, the caskets and vaults section of the death care industry is expanding. Customers want options that are diverse, such as customisable designs and environmentally sustainable materials. Furthermore, as funeral traditions change, there is an increasing demand for sturdy and visually beautiful vaults and caskets, which is spurring innovation and growth in this sector of the market.

The fastest-growing category in the Death Care market is Facility Rentals. Within the death care industry, facility rentals are starting to become more and more popular. Venues for wakes, funeral receptions, and other gatherings are in great demand due to shifting funeral preferences and rising demand for customized memorial ceremonies. The growth and diversification of the death care sector has been aided by the emergence of specialized facilities that rent out areas specifically for these kinds of events.

• Caskets and Vaults
• Facility Rentals
• Embalming and Cosmetic Preparation
• Urns
• Others

Death Care Arrangement Segment Analysis

According to Cognitive Market Research, the dominating category is Pre- Need. In the death care industry, pre-needs services are expanding as more people make advance plans for their final wishes. This trend indicates a desire for funeral arrangements that are both economical and individualized. A variety of pre-need packages, such as burial or cremation plans, funeral services, and associated goods, are available from providers. This market sector is growing as a result of the ease and security that come with planning ahead.

The fastest-growing category in the Death Care market is At- Need. Because they meet people's urgent requirements after a death, at-need services have been a major factor in the death care market's rise. A variety of services are provided by funeral homes and associated businesses, such as bereavement assistance, cremation and burial alternatives, and funeral planning. The growing need for at-need services is fueled by the aging population and urbanization, which is propelling the growth of the death care sector.

• Pre- Need
• At- Need

Author's Detail

David Fuller

Senior Analyst at Cognitive Market Research

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I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building.

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