Learn about the global death care services market through The Business Research Company, which provides information on death care services market size, death care services market drivers and restraints, death care services market players, the COVID-19 impact on the death care services market, and more.

The global death care services market size is expected to grow from $102.58 billion in 2021 to $114.52 billion in 2022 at a compound annual growth rate (CAGR) of 11.6%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The death care service market is expected to reach $170.39 billion in 2026 at a CAGR of 10.4%.

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The death care services market consists of sales of death care services and related goods by entities (organizations, sole traders and partnerships) that prepare the dead for burial or interment, conduct funerals, operate sites or structures reserved for the interment of human or animals remains, and/or cremate the dead.

Global Death Care Services Market Segments Include:
By Type: Funeral Homes and Funeral Services, Cemeteries and Crematories

By Arrangement: At-Need Arrangement, Pre-Need Arrangement

By Mode: Online, Offline

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the death care services market in 2021.

Death care service companies are increasingly using the alkaline hydrolysis method for disposing of corpses. Alkaline hydrolysis is a chemical process for the disposal of human remains using sodium hydroxide and heat. The method uses a solution of 95% water and 5% potassium hydroxide or sodium oxide to reduce a body to components of liquid and bone. Bone fragments are retained and dried into a substance which is similar to cremated ashes. The liquid by-product of alkaline hydrolysis is a non-toxic solution that is disposed through the sewage system.

TBRC’s death care services market report covers:

Major Market Players: Service Corporation International, Dignity plc, Carriage Services, Inc., StoneMor Partners L.P., Fu Shou Yuan International Group, Northstar Memorial Group, LLC, Security National Financial Corporation and CVS Group Plc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Death Care Services Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides death care services market overviews, analyses and forecasts market size, share, death care services market players, death care services market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s death care services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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