MARKET OVERVIEW
The management of funerary arrangements, including the care of the dead and services provided to surviving family members, is referred to as Death Care. Funerals, cremations, burials, memorials, coffins, and cemeteries are all examples of this. The key driving factors for death care market are, introduction of new funeral procedures, growing geriatric population and number of deaths.
MARKET SCOPE
The "Global Death Care Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the death care market with detailed market segmentation by operations, arrangements and product and services. The report provides key statistics on the market status of the leading death care market players and offers key trends and opportunities in the market.MARKET SEGMENTATION
MARKET DYNAMICS
Drivers:
Restraints:
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The death care market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the death care market in these regions.
IMPACT OF COVID-19 ON DEATH CARE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
By Operations
By Arrangement
By Products and Services
MARKET PLAYERS
The report covers key developments in the death care market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from death care market are anticipated to lucrative growth opportunities in the future with the rising demand for death care in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the death care market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Service Corporation International
Batesville
P and L Manufacturing
Matthews International Corporation
Stonemor
Wilbert Funeral Services
Carriage Services
Fu Shou Yuan International Group
Lungyen Life Service Corporation, Ltd
Burial Planning
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
The management of funerary arrangements, including the care of the dead and services provided to surviving family members, is referred to as Death Care. Funerals, cremations, burials, memorials, coffins, and cemeteries are all examples of this. The key driving factors for death care market are, introduction of new funeral procedures, growing geriatric population and number of deaths.
MARKET SCOPE
The "Global Death Care Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the death care market with detailed market segmentation by operations, arrangements and product and services. The report provides key statistics on the market status of the leading death care market players and offers key trends and opportunities in the market.MARKET SEGMENTATION
- Based on operations the market is segmented as, funeral homes and cemetaries.
- Based on arrangement the market is segmented as, at-need and pre-need.
- Based on products and services the market is segmented as, Caskets & Vaults, Facility Rentals, Embalming & Cosmetic Preparation, Urns and Others.
MARKET DYNAMICS
Drivers:
- Increasing geriatric population and rising number of deaths.
- Introduction of novel funeral procedures and personalization of deaths.
- High demand for death care services in developed nations.
Restraints:
- However, lack of awareness about various death care services in some developing nations along with traditional way of funerals in different religions are likely to hamper market growth.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The death care market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the death care market in these regions.
IMPACT OF COVID-19 ON DEATH CARE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
Death Care Market Report Analysis
Death Care Market
-
CAGR (2023 - 2031)XX% -
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Report Coverage
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Industry landscape and competition analysis & recent developments
- Detailed company profiles
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Key Players
- Service Corporation International
- Batesville
- P and L Manufacturing
- Matthews International Corporation
- Stonemor
- Wilbert Funeral Services
- Carriage Services
- Fu Shou Yuan International Group
- Lungyen Life Service Corporation, Ltd
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
By Operations
- Funeral Homes
- Cemetaries
By Arrangement
- At-Need
- Pre-Need
By Products and Services
- Caskets and Vaults
- Facility Rentals
- Embalming and Cosmetic Preparation
- Urns
The report covers key developments in the death care market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from death care market are anticipated to lucrative growth opportunities in the future with the rising demand for death care in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the death care market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Death Care Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ XX Million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2023 - 2031) | XX% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Operations
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
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The List of Companies
1. Service Corporation International
2. Batesville
3. P and L Manufacturing
4. Matthews International Corporation
5. Stonemor
6. Wilbert Funeral Services
7. Carriage Services
8. Fu Shou Yuan International Group
9. Lungyen Life Service Corporation, Ltd
10. Burial Planning
1. Service Corporation International
2. Batesville
3. P and L Manufacturing
4. Matthews International Corporation
5. Stonemor
6. Wilbert Funeral Services
7. Carriage Services
8. Fu Shou Yuan International Group
9. Lungyen Life Service Corporation, Ltd
10. Burial Planning
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