Death Care Services Market Growth Outlook: Trends, Market Size, and Opportunities Over the Next Decade
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Factors Are Propelling the Market Growth of theDeath Care Services Market from 2025 to 2034?
The death care services market is predicted to grow due to the downward trend in life expectancy. Life expectancy, the average number of years a person is anticipated to live, is showing a downward trend leading to an increase in death rates, which in turn propels the growth of the death care services market. For instance, the US-based government agency, Centers for Disease Control and Prevention, reported in March 2024 that the gap in life-expectancy between males and females was 5.4 years in 2022. This was a decline of 0.4 years compared to 2021. Consequently, the ongoing decrease in life expectancy is poised to fuel the expansion of the death care services market in the future.
Get Your Free Sample Report Now – Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2233&type=smp
#What Growth Opportunities Will Drive the Death Care Services Market’s CAGR Through 2034?
The market size for death care services has been experiencing robust growth in the past few years. The market is anticipated to expand from $127.83 billion in 2024 to $138.74 billion in 2025, with a compound annual growth rate (CAGR) of 8.5%. The growth witnessed in the historic period is a result of a swift increase in the global population, a surge in accidents, and potent economic growth in developing markets.
In the coming years, the death care services market is projected to experience robust growth, reaching an estimated $186.89 billion by 2029, as indicated by a compound annual growth rate (CAGR) of 7.7%. This positive outlook for the forecast period is influenced by factors such as the rising number of individuals choosing funeral plans, ongoing global population growth, and an enhanced demand for extravagant funeral ceremonies. Noteworthy trends that will influence this period include the investment in alkaline hydrolysis cremation technologies, provision of green burial services, greater focus on customized funerals, the option of live-streaming funeral services for those who cannot attend in person, the inclusion of GPS tracking in cemeteries, the availability of digital tags for gravesites, and more advanced options for funeral planning.
You can Directly Purchase the Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2233
How Are Market Trends and Innovations Revolutionizing theDeath Care Services Industry in Recent Times?
Companies providing death care services are progressively adopting the alkaline hydrolysis method for the disposal of bodies. This method employs a chemical process involving sodium hydroxide and heat to decay human remains. The process entails the use of a concoction made up of 95% water and 5% potassium hydroxide or sodium oxide, aimed at reducing a body to liquid and bone elements. The bones are kept and dried into a material akin to cremating ashes. The liquid component from alkaline hydrolysis is a harmless solution that is safely disposed of in the sewage system. For example, in July 2022, the U.S. state of Hawaii officially approved alkaline hydrolysis as a valid method of handling human remains.
Which Key Market Players Are Shaping the Future and Growth of theDeath Care Services Market?
Major companies operating in the death care services market include Service Corporation International (SCI), Nirvana Asia Ltd, Dignity Plc, Arbor Memorial Inc., InvoCare, Fu Shou Yuan International Group, Carriage Services, NorthStar Memorial group, Stonemor Inc., Funespaña, Kumar Funeral Services, Anthyesti Funeral Services, Funeral Services Ltd., Open Agent, Ritual, Funeral Home Elpis, Park Lawn Corporation, Foundation Partners Group, Hillenbrand Inc., Walmart, 1-800-Flowers.com (FLWS), Rock of Ages Corp., Stewart Entreprises Inc., Mathews International (MATW), Naser Group, Empresa Funeraria Schunck Ltda, Eden Organizacao E Administraacao Do Serv Funer Ltda, Jerri Adriano Santos Moreira, Funeraria Global Ltda, JM Fernandes Plano De Assistencia Familiar E Funeraria, Funeraria Brasao D’ouro Ltda, Ouroplan Meta Servicos Funerarios Ltda, Celso De Almeida Augusto, Funeraria Sao Cristovao Servico Funerario Ltda, Funeraria Campos Ltda, Moore Funeral Home, Middle East Funeral Services, Gulf Care Middle East Funeral Services, Al Foah Funeral Services, Christian Cemetery Committee, Connex Assistance, Doves, Phaahla Funeral Services, Martins Funerals, Icebolethu, AVBOB Funeral Services.
Order Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/death-care-services-global-market-report
What Are the Core Segments of the Death Care Services Market, and How Do They Contribute to Growth?
The death care services market covered in this report is segmented –
1) By Type: Funeral Homes And Funeral Services, Cemeteries And Crematories
2) By Arrangement: At-Need Arrangement, Pre-Need Arrangement
3) By Mode: Online, Offline
Subsegments:
1) By Funeral Homes and Funeral Services: Traditional Funeral Services, Memorial Services, Direct Burial Services, Direct Cremation Services, Pre-Planning and Pre-Need Services, Grief Counseling Services, Transportation Services
2) By Cemeteries and Crematories: Burial Services, Cremation Services, Cemetery Maintenance Services, Memorialization Products, Columbarium Services (for urn storage)
Gain Exclusive Market Insights—Customize Your Research Report Today for Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=2233&type=smp
What Regions Are Dominating the Death Care Services Market Growth?
Asia-Pacific was the largest region in the death care services market in 2024. North America was the second-largest region in the death care services market. The regions covered in the death care services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Browse Through More Reports Similar to the Global Death Care Services Market 2025, By The Business Research Company:
Services For the Elderly And Persons with Disabilities Global Market Report 2024
Care Management Solutions Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/care-management-solutions-global-market-report
Commercial Services Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/commercial-services-global-market-report
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
