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Global Death Care Market 2019 by Company, Regions, Type and Application, Forecast to 2024
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Global Death Care Market Revenue Was Valued At US$ 105.9 Billion In 2018
Death care includes companies who provide death-related goods and services such as funerals, burials, cremations, coffins, lots in cemeteries, headstones and memorials. The Death Care industry is divided into three segments: the ceremony and tribute (funeral or memorial service); the disposition of remains through cremation or burial (internment); and memorialization in the form of monuments, marker inscriptions or memorial art.
Death Care is a highly fragmented industry with the majority of the funeral businesses being small, local, and typically family-owned independent businesses. In the U.S. some branding has been underway by a couple of publicly traded consolidators of funeral homes and cemeteries. This also is beginning in some other regions.
Global death care market is highly fragmented, the death care industry includes companies who provide death-related goods and services such as funerals, burials, cremations, coffins, lots in cemeteries, headstones and memorials. The market is witnessing the emergence of a lot of non-traditional services from unique services that enable pressing cremains into diamonds to green burials. The heightened interactivity, personalization, and expanding the number of services that commemorate life is primarily driving the growth of the market.
The global revenue of Death Care market was valued at US$ 105.9 billion in 2018 and is expected to reach US$ 142.9 billion by the end of 2024.
Asia-Pacific and North America are the largest market of Death Care. In 2018, the revenue market share of Death Care was about 31.73% in Asia-Pacific, while the market share in North Americ was about 27.77%.
As to providers of Death Care, Service Corporation?International, Batesville, Chemed Corp., Matthews International Corporation and StoneMor?Partners are still having wonderful performance benefited by their good product quality, they accounted for 5.035% of the death care e market in 2018.
As to the types of Death Care, this report focuses on these types, Funeral Homes, Cemeteries and Others. the cemeteries type is expected to occupy a large share over the forecast period in Death Care market.
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