Market Overview:
The global death care service market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for end-of-life services, rising awareness about death care services, and growing geriatric population. Funeral homes are the leading type segment in the global death care service market, followed by cemeteries and manufacturers. Offline application dominates the global death care service market, while online application is projected to grow at a higher CAGR during the forecast period. North America dominates the global death care service market, followed by Europe and Asia Pacific.
Product Definition:
Death care service is a professional service that helps individuals prepare for and cope with death. This may include helping to plan funerals or memorial services, arranging for the burial or cremation of the body, and providing grief counseling. The importance of death care service can vary depending on the individual, but it can often be helpful in dealing with the emotional stress of losing a loved one.
Funeral homes:
According to the American Funeral homes Association, there were more than 5,000 funeral service providers in the U.S. as of 2016 and it is expected that around 6,000 establishments would be operational by 2018.
Cemeteries:
Cemetery is the place where dead bodies are placed after death for the purpose of burial or reburial. The term “cemetery” is also used for any public park or lot that contains one or more burials. Cemeteries can be owned by an individual, a private company, a municipality, etc. In many countries cemeteries are considered to be an important part of the tourism industry and thus they charge tourists accordingly (tourism tax).
Application Insights:
The offline segment dominated the global death care service market in 2017. Offline services include the traditional funeral services such as funerals at cemeteries and crematoriums, which are provided by a mortician or cemetery staff. Cremation is the fastest-growing application of death care services with an estimated CAGR of XX% from 2018 to 2030 globally. The use of urns and ¢â‚¬Ëœdeath kits¢â‚¬â„¢ has increased over recent years, which is expected to drive demand for these products further.
Online or web-based death care service providers offer various benefits including convenience, flexibility and control over every aspect of arrangements such as time & location details, payment options etc., thereby driving their adoption across all age groups globally.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing awareness regarding death and funeral services, high disposable income, and a large number of service providers in this region.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to an increase in population, coupled with rising disposable income levels across emerging economies such as India and China. Furthermore, improving economic conditions are likely to contribute toward increased demand for various death care services over the coming years.
Growth Factors:
- Increasing life expectancy and the growth of the elderly population: The global population aged 60 years and above is expected to more than double from 900 million in 2015 to 2 billion by 2050. This will drive the demand for death care services as the elderly require specialized care and assistance in their final days.
- Rising awareness about end-of-life issues: There is a growing awareness among people about end-of-life issues and their rights with respect to death care services. This is driving demand for such services, especially in developed countries where there is a greater focus on palliative care.
- Growing preference for home funerals: There is a growing preference among people for home funerals over traditional funeral ceremonies conducted in funeral homes or churches. Home funerals are seen as more personal and intimate, and allow families to take greater control over the proceedings. This trend is contributing to growth of the death care service market worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Death Care Service Market Research Report
By Type
Funeral homes, Cemeteries, Manufacturers, Other
By Application
Online, Offline
By Companies
Hillenbrand(HI), Service Corp. International(SCI), Walmart(WMT), Carriage Services Inc.(CSV), 1-800-Flowers.com(FLWS), Rock of Ages Corp.(ROAC), Stewart Enterprises Inc.(STEI), Matthews International(MATW), Amazon.com(AMZN)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Death Care Service Market Report Segments:
The global Death Care Service market is segmented on the basis of:
Types
Funeral homes, Cemeteries, Manufacturers, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online, Offline
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hillenbrand(HI)
- Service Corp. International(SCI)
- Walmart(WMT)
- Carriage Services Inc.(CSV)
- 1-800-Flowers.com(FLWS)
- Rock of Ages Corp.(ROAC)
- Stewart Enterprises Inc.(STEI)
- Matthews International(MATW)
- Amazon.com(AMZN)
Highlights of The Death Care Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Funeral homes
- Cemeteries
- Manufacturers
- Other
- By Application:
- Online
- Offline
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Death Care Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Death care service is a term used to describe the various services and support that are available to help people who are dying or who have died. These services can include things like hospice care, funeral arrangements, and memorials.
Some of the major players in the death care service market are Hillenbrand(HI), Service Corp. International(SCI), Walmart(WMT), Carriage Services Inc.(CSV), 1-800-Flowers.com(FLWS), Rock of Ages Corp.(ROAC), Stewart Enterprises Inc.(STEI), Matthews International(MATW), Amazon.com(AMZN).
The death care service market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Death Care Service Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Death Care Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Death Care Service Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Death Care Service Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Death Care Service Market Size & Forecast, 2018-2028
4.5.1 Death Care Service Market Size and Y-o-Y Growth
4.5.2 Death Care Service Market Absolute $ Opportunity
Chapter 5 Global Death Care Service Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Death Care Service Market Size Forecast by Type
5.2.1 Funeral homes
5.2.2 Cemeteries
5.2.3 Manufacturers
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Death Care Service Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Death Care Service Market Size Forecast by Applications
6.2.1 Online
6.2.2 Offline
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Death Care Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Death Care Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Death Care Service Analysis and Forecast
9.1 Introduction
9.2 North America Death Care Service Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Death Care Service Market Size Forecast by Type
9.6.1 Funeral homes
9.6.2 Cemeteries
9.6.3 Manufacturers
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Death Care Service Market Size Forecast by Applications
9.10.1 Online
9.10.2 Offline
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Death Care Service Analysis and Forecast
10.1 Introduction
10.2 Europe Death Care Service Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Death Care Service Market Size Forecast by Type
10.6.1 Funeral homes
10.6.2 Cemeteries
10.6.3 Manufacturers
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Death Care Service Market Size Forecast by Applications
10.10.1 Online
10.10.2 Offline
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Death Care Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Death Care Service Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Death Care Service Market Size Forecast by Type
11.6.1 Funeral homes
11.6.2 Cemeteries
11.6.3 Manufacturers
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Death Care Service Market Size Forecast by Applications
11.10.1 Online
11.10.2 Offline
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Death Care Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Death Care Service Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Death Care Service Market Size Forecast by Type
12.6.1 Funeral homes
12.6.2 Cemeteries
12.6.3 Manufacturers
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Death Care Service Market Size Forecast by Applications
12.10.1 Online
12.10.2 Offline
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Death Care Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Death Care Service Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Death Care Service Market Size Forecast by Type
13.6.1 Funeral homes
13.6.2 Cemeteries
13.6.3 Manufacturers
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Death Care Service Market Size Forecast by Applications
13.10.1 Online
13.10.2 Offline
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Death Care Service Market: Competitive Dashboard
14.2 Global Death Care Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hillenbrand(HI)
14.3.2 Service Corp. International(SCI)
14.3.3 Walmart(WMT)
14.3.4 Carriage Services Inc.(CSV)
14.3.5 1-800-Flowers.com(FLWS)
14.3.6 Rock of Ages Corp.(ROAC)
14.3.7 Stewart Enterprises Inc.(STEI)
14.3.8 Matthews International(MATW)
14.3.9 Amazon.com(AMZN)
