Market Overview:
The global pet cremate market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The market growth is attributed to the increasing demand for pet cremation services, growing awareness about pet cremation, and rising disposable income of consumers. In terms of type, the cremation equipment segment is expected to lead the global pet cremate market during the forecast period. This can be attributed to the increasing adoption of automated machines for pet cremation by funeral service providers across regions. In terms of application, the cat segment is projected to lead the global market during 2018-2030 owing to high ownership rates of cats as pets in developed countries such as U.S.
Product Definition:
The definition of Pet Cremate is to cremate a pet, usually a dog or cat. The importance of Pet Cremate is that it offers a dignified and respectful way to say goodbye to a beloved pet.
Cremation Equipment:
Cremation equipment is used for the process of combustion or incineration, which is generally referred to as pet cremation. The basic function of this equipment includes the transportation of a dead body from where it's been found to a place where it can be burnt (incinerated), either in an open space or in a closed container (casket). Cremation Equipment also has other functions such as wrapping and binding the remains for safe transportation and storage.
Funeral:
The global pet cremate market is expected to witness significant growth over the forecast period. The rising number of companion animal owners and increasing disposable income are some factors that are driving the market for pet cremate. According to a survey, it was found that around 60% of Americans owned a companion animal in 2016 which is up from 52% in 2012.
Application Insights:
The other application segment includes human cremation, which accounted for the largest share of over 70.0% in 2017. The rising number of pet deaths has led to an increase in the demand for urns and caskets, especially among grieving owners who have lost their beloved pets recently. Moreover, a rise in disposable income has also resulted in an increased spending on mortuary services and related products such as urns and caskets for human cremation.
Cat remains are usually buried or interred at a cemetery near the owner¢â‚¬â„¢s home since these animals are considered good luck by many people around the world due to their role as household pets across various cultures over time.
Regional Analysis:
North America dominated the global pet cremate market in 2017. The rising number of pet owners is one of the major factors driving the regional market. According to a survey conducted by APPA, Inc., in 2015, approximately 68% of U.S households had at least one dog while about 57% household had a cat as their pet. Furthermore, according to an article published by Business Insider on January 15th 2018, nearly 60 million U.
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing disposable income among people with pets coupled with growing awareness regarding animal welfare issues across emerging countries such as China.
Growth Factors:
- Increasing pet ownership: The global pet population is expected to grow at a CAGR of 3.8% from 2016 to 2020, reaching 862 million by 2020. This growth in the pet population is primarily attributed to the increase in the number of households owning pets and rising disposable incomes of people in developing countries.
- Rising awareness about animal welfare: There has been a rise in awareness about animal welfare over the past few years, which has led to an increase in demand for humane ways to euthanize animals and cremate their remains. This is driving demand for pet cremation services across the globe.
- Growing trend of human-animal bonding: Pets are increasingly being seen as companions rather than just animals, which is leading more people to opt for cremation services after their pets die instead of burial or disposal options such as landfill or incineration.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pet Cremate Market Research Report
By Type
Cremation Equipment, Funeral
By Application
Cat, Dog, Other
By Companies
INCINER8 Limited, Pet Cremation Services, Waste Spectrum Incineration Systems, Matthews Environmental Solutions, Veternity
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
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Pet Cremate Market Report Segments:
The global Pet Cremate market is segmented on the basis of:
Types
Cremation Equipment, Funeral
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
Cat, Dog, Other
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:
- INCINER8 Limited
- Pet Cremation Services
- Waste Spectrum Incineration Systems
- Matthews Environmental Solutions
- Veternity
Highlights of The Pet Cremate 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:
- Cremation Equipment
- Funeral
- By Application:
- Cat
- Dog
- Other
- 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 Pet Cremate 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.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
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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?
Pet cremation is the process of burning a pet's body in an open flame. This service is offered by some funeral homes and can be helpful for owners who want to cremate their pet but do not have the time or resources to do so themselves.
Some of the major players in the pet cremate market are INCINER8 Limited, Pet Cremation Services, Waste Spectrum Incineration Systems, Matthews Environmental Solutions, Veternity.
The pet cremate market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pet Cremate 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 Pet Cremate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pet Cremate 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 Pet Cremate 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 Pet Cremate Market Size & Forecast, 2018-2028
4.5.1 Pet Cremate Market Size and Y-o-Y Growth
4.5.2 Pet Cremate Market Absolute $ Opportunity
Chapter 5 Global Pet Cremate 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 Pet Cremate Market Size Forecast by Type
5.2.1 Cremation Equipment
5.2.2 Funeral
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pet Cremate 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 Pet Cremate Market Size Forecast by Applications
6.2.1 Cat
6.2.2 Dog
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pet Cremate 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 Pet Cremate 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 Pet Cremate Analysis and Forecast
9.1 Introduction
9.2 North America Pet Cremate 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 Pet Cremate Market Size Forecast by Type
9.6.1 Cremation Equipment
9.6.2 Funeral
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 Pet Cremate Market Size Forecast by Applications
9.10.1 Cat
9.10.2 Dog
9.10.3 Other
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 Pet Cremate Analysis and Forecast
10.1 Introduction
10.2 Europe Pet Cremate 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 Pet Cremate Market Size Forecast by Type
10.6.1 Cremation Equipment
10.6.2 Funeral
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 Pet Cremate Market Size Forecast by Applications
10.10.1 Cat
10.10.2 Dog
10.10.3 Other
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 Pet Cremate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pet Cremate 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 Pet Cremate Market Size Forecast by Type
11.6.1 Cremation Equipment
11.6.2 Funeral
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 Pet Cremate Market Size Forecast by Applications
11.10.1 Cat
11.10.2 Dog
11.10.3 Other
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 Pet Cremate Analysis and Forecast
12.1 Introduction
12.2 Latin America Pet Cremate 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 Pet Cremate Market Size Forecast by Type
12.6.1 Cremation Equipment
12.6.2 Funeral
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 Pet Cremate Market Size Forecast by Applications
12.10.1 Cat
12.10.2 Dog
12.10.3 Other
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) Pet Cremate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pet Cremate 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) Pet Cremate Market Size Forecast by Type
13.6.1 Cremation Equipment
13.6.2 Funeral
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) Pet Cremate Market Size Forecast by Applications
13.10.1 Cat
13.10.2 Dog
13.10.3 Other
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 Pet Cremate Market: Competitive Dashboard
14.2 Global Pet Cremate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 INCINER8 Limited
14.3.2 Pet Cremation Services
14.3.3 Waste Spectrum Incineration Systems
14.3.4 Matthews Environmental Solutions
14.3.5 Veternity
