openPR Logo
Press release

Funeral Products and Services Market: Emerging Economies Expected to Influence Growth until 2022| Key Players - Service Corporation International, Matthews International Corporation, Dignity Plc, StoneMor Partners, InvoCare Ltd, Carriage Services Inc., Fu

12-11-2018 09:17 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Funeral Products and Services Market: Emerging Economies

Rapid urbanization and growing old population continues to contribute towards the global market growth of funeral products & services. In addition, growing need to perform euthanasia is projected to impact the global market growth of funeral products & services positively. Fact.MR states that the global funeral products & services market is projected to reflect a CAGR of 16.7% over the forecast period, 2017-2022.

Get Free Exclusive Sample Copy of This Report @

Factors Fuelling Growth of the Global Market     

Growth of the global funeral products & services market is mainly bound by various macro-economic and micro-economic factors. Increasing number of deaths will significantly fuel the global market growth of funeral products & services. With the growing old population and increasing urbanization, mortality rate is projected to increase positively. In a recent report published by CDC, the recorded death rate is 823.7 deaths per 100,000 population. The report further reveals that various heart diseases continue to remain a major cause of death. The global market growth is further projected to gain momentum attributed to strong economic growth and surge in disposable income.

Surge in demand to perform euthanasia in hospitals has further led to surge in the death rates significantly. Patients that are affected by various terminal illness continue to remain subject to the constant sufferings and pains. As these patients in constant pain and sufferings, demand to perform euthanasia continues to increase in various hospitals. Pancuronium bromide, potassium chloride and sodium thiopental are some of the lethal vaccinations that are vaccinated in patients who are suffering from terminal diseases such as chronic lung problems, neurological condition, heart failures and last stage of Alzheimer’s. These factors continue to impact growth of the global funeral products & services market positively.

Increase in the death rate has led to surge in demand for death care services such as funerals, cremation or burial and memorials. Companies in the death care industry are mainly witnessed to focus on offering funeral products such as headstones, cemeteries, crematoria and coffins. Surge in incidences of under nutrition, malnutrition and infectious diseases is further expected to impact demand for death care services in the global market.

For more information on this report, please visit:

A recent trend of pre-planning funerals has been witnessed among people globally. Companies operating in the death care services are increasingly offering services that enable the customers to make payments for funeral in advance. This also includes publishing obituaries and creating epitaphs of the deceased person. As demand for the embalming operations regarding chemical and biological exposure along with maintenance and room ventilation services could pose various hazards. Bound to these factors, demand for the death care services will continue to increase, which in turn is expected to impact the global market growth during the forecast period.

Sales to Remain High Through Traditional Services

With the increasing preference for conducting funeral ceremonies with rituals has revved up demand for the traditional services. In terms of revenue, the traditional service type segment is projected to represent robust revenue growth, recording more than US$ 65,000 Mn by the end of 2022. On the other hand, the immediate service type segment is projected to reflect a healthy CAGR during the forecast period. By 2017-end, the at-need funeral planning segment is projected to generate significant revenues, accounting for more than US$ 33,000 Mn. The at-need funeral planning segment is projected to represent the fastest growth in the global market during the forecast period.  

Market Players

Major players in the global market of funeral products & services are Matthews International Corporation, Service Corporation International, StoneMor Partners, Dignity Plc, Carriage Services Inc., InvoCare Ltd, San Holdings Inc., Fu Shou Yuan International Group Ltd, Funespana SA and Nirvana Asia Ltd. 

Make an inquiry for buying this report @

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us            
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Read Industry News at -

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Funeral Products and Services Market: Emerging Economies Expected to Influence Growth until 2022| Key Players - Service Corporation International, Matthews International Corporation, Dignity Plc, StoneMor Partners, InvoCare Ltd, Carriage Services Inc., Fu here

News-ID: 1431200 • Views: 132

More Releases from Fact.MR

Global Data Annotation Tool Market to Grow 7X by 2030
Integration of artificial intelligence with various industries such as automotive, retail, healthcare, and financial services is helping generate voluminous data. It is crucial for organizations to collect, and catalogue this data with the help of data annotation tools. Data once annotated is then utilized to train artificial intelligence programs. These programs are then consumerized and they further generate data starting the entire cycle again. For detailed insights on enhancing your
Demand for Hand Sanitizer Market to Surpass US$ 2.8 Bn by 2030
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online
Sales of Disinfectant Spray Market to Grow at a CAGR of 14% Through 2030
Surge in demand for disinfectant and hygiene products owing to COVID-19 epidemic is expected boost disinfectant spray sales. The market is pegged to surpass US$ 850 Mn by 2020 and is expected to grow 1.3x over the year. The global disinfectant spray market has gained momentum in the historical period owing to enhanced healthcare facilities and an increasing number of household buyers. For detailed insights on enhancing your product footprint,
Demand for IP Geo-Location Market to Grow at a CAGR of 10.6% Through 2030
Owing to its modest growth in the past and the introduction of IPv6 numbering IP allocation system, IP geo-location service market is anticipated to grow 3.0X through 2030. Furthermore, broadband penetration with FTTH initiatives by regional and global governmental bodies is also giving an uptick to its demand. For detailed insights on enhancing your product footprint, request for a sample here – Emergence of digital marketing and its applications such as

All 5 Releases

More Releases for Services

RFx Services
QnQ Market Research provides all RFx services which includes: RFI ⁠— Request for Information (RFI) is generally used when the solution to a business problem is not immediately evident or clearly defined. The RFI is used to gather information, not to make a selection or an award. The Buyer works with the Customer to: - Clearly describe the problem - Solicit external expertise regarding how to solve the problem - Study proposed solutions. RFQ ⁠— Request
mHealth Services
Overview Paragraph The mHealth Services market report offers an outline of the industry, with comprehensive product and global market analysis. The analytical section provides a description of the goods and services key players focusing on in the mHealth Services market, while providing a type and application-based segmental analysis. The study also explores the global scope and viewpoint of the growth based on the segmental review. The study also looks at the
Redesigned Online Services | Transcription Services U.S.
Transcription Services U.S. offer unmatched quality and responsive services at very reasonable rates. We offer fluent and native experts who are committed to provide memorable translation and transcription services. Transcription Services U.S. is your ideal choice of company for certified Immigration translation, legal translation, audio and video translation, academic translation to mention but a few. Our capabilities will exceed your expectations and we deliver our projects on a prompt basis. Transcription
Dental Services Market: Coast Dental Services, Pacific Dental Services
HTF MI published a new industry research that focuses on Dental Services market and delivers in-depth market analysis and future prospects of Global Dental Services market. The study covers significant data which makes the research document a handy resource for managers, analysts, industry experts and other key people get ready-to-access and self-analyzed study along with graphs and tables to help understand market trends, drivers and market challenges. The study is
Authority Content Services Launched New Services
Indian content writing company, Authority Content Services, has opened its new website and made it open for the global audience. This is a major step for the company as the company has changed domain completely and now sports a professional look. Mahdi ul Baasit, the owner of Authority Content Services, spoke to the media enthusiastically about it. “We are ecstatic, to say the least, about the new launch. We have shifted
Outsourcing Services | Outsourcing Services
Intelgain Technologies, (previously known as Dynamic Web Technologies) is a certified Software solutions provider that delivers unique enterprise IT solutions, making your most complex, mission-critical projects simple and easy to handle. We partner you through strategic implementation of technology, backed by solid domain and industry expertise. Besides Custom Web, Bespoke Software Application development, we offer software consultancy, design, maintenance and support. We integrate, automate optimize Global business, using best-of-breed practices,