Press release
Death Care & Funeral Service Market: Trends & Opportunities (2016-2020) – New Report by Daedal Research
The Death Care & Funeral Service Market: Trends & Opportunities (2016-2020) provides market size of cremation or burial services.The report titled “Death Care & Funeral Service Market: Trends & Opportunities (2016-2020)” provides an in-depth analysis of the death care and funeral service market with detailed analysis of market sizing and growth, market share and economic impact of the industry.
The report provides detailed country analysis of the U.S. and Asian countries which include Malaysia, Singapore, Indonesia and Thailand for the death care and funeral service market. Country analysis includes market sizing by value along with the analysis of the segments of the market in each of the above mentioned countries.
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall death care and funeral service market has also been forecasted for the period 2016-2020, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. The competition in the death care and funeral service market is stiff and dominated by the big players like SCI in the U.S. Further, key players of the death care and funeral service market Nirvana Asia Ltd. and Fu Shou Yuan International Group in Asia are also profiled with their financial information and respective business strategies.
Country Coverage
- The U.S.
- Malaysia
- Singapore
- Indonesia
- Thailand
Company Coverage
- Service Corporation International
- Nirvana Asia Ltd.
- Fu Shou Yuan International Group
Executive Summary
The term “death care industry” refers to the array of providers of funeral and burial goods and services, such as funeral directors, cemeteries, and third-party sellers. The death care industry is currently undergoing a major transformation. Historically, it has been fragmented, with limited overlap among various segments of the funeral and burial industries.
Funeral homes and funeral directors sold funeral merchandise and services. Cemeteries sold burial merchandise and services. Cemeteries and monument/memorial dealers sold monuments and memorials. A funeral home or cemetery generally arranged cremation services, and independent florists sold flowers. Today, such distinctions are diminishing. The industry is consolidating. Large chains are buying and managing locally owned funeral homes and cemeteries. Many nonprofit cemeteries are now owned by, managed by, or otherwise affiliated with for-profit chains.
Death care and funeral service market has increased at a significant CAGR during the period 2011-2015 and projections are made that the market would rise in the next five years i.e. 2016-2020 tremendously. Death care and funeral service market can be segmented on the basis of products into as-need and pre-need, of which, pre-need market exhibited greater increase as compared to as-need, driving the death care and funeral service market. The upsurge in the market was due to various factors such as rapid growth in urbanization, rising aging population along with the increasing awareness about various products and services provided by the organizations operating in the market.
The major growth drivers for the death care and funeral service market are: strong economic growth, rapid urbanization, increase in disposable income, steady population growth, aging population & increase in death rate and unmet demand for premium death care services and products.
Despite the market is governed by various growth drivers, there are certain challenges faced by the market such as: injuries from manual tasks, embalming operations biological exposure, embalming operations chemical exposure & musculoskeletal hazards, embalming room ventilation & maintenance and unique hazards during cremation.
List of Figures:
Figure 1: Classification of Death Care Market
Figure 2: The U.S. Death Care Market by Value; 2012-2015 (US$ Billion)
Figure 3: The U.S. Death Care Market by Value; 2016E-2020E (US$ Billion)
Figure 4: The U.S. Death Care Market by Service Segments; 2014 (%)
Figure 5: The U.S. Funeral Homes Market by Volume; 2010-2015 (Million)
Figure 6: The U.S. Cremation Rate; 2010-2015 (%)
Figure 7: The U.S. Burial Rate; 2010-2015 (%)
Figure 8: Asian Countries Death Care Market by Value; 2011-2015 (US$ Million)
Figure 9: Asian Countries Death Care Market by Value; 2016E-2020E (US$ Million)
Figure 10: Asian Countries Death Care Market by Service Segments; 2015 (%)
Figure 11: Asian Countries Burial Services Market by Value; 2011-2015 (US$ Million)
Figure 12: Asian Countries Burial Services Market by Value; 2016E-2020E (US$ Million)
Figure 13: Asian Countries Funeral Services Market by Value; 2011-2015 (US$ Million)
Figure 14: Asian Countries Funeral Services Market by Value; 2016E-2020E (US$ Million)
Figure 15: Asian Countries Death Care Market by Product Segments; 2015 (%)
Figure 16: Asian Countries As-Need Products Market by Value; 2011-2015 (US$ Million)
Figure 17: Asian Countries As-Need Products Market by Value; 2016E-2020E (US$ Million)
Figure 18: Asian Countries Pre-Need Products Market by Value; 2011-2015 (US$ Million)
Figure 19: Asian Countries Pre-Need Products Market by Value; 2016E-2020E (US$ Million)
Figure 20: The U.S. and Singapore GDP per Capita; 2010-2014 (US$)
Figure 21: Asian Countries GDP per Capita; 2010-2014 (US$)
Figure 22: The U.S. and Asian Countries Urban Population; 2010-2014 (% of Total Population)
Figure 23: The U.S. and Singapore GNI per Capita; 2010-2014 (US$)
Figure 24: Asian Countries GNI per Capita; 2010-2014 (US$)
Figure 25: The U.S. and Asian Countries Annual Population Growth; 2010-2014 (%)
Figure 26: The U.S. and Asian Countries Aging Population; 2010-2014 (% of Total Population)
Figure 27: The U.S. and Asian Countries Death Rate per 1,000 People; 2010-2013
Figure 28: The U.S. Death Care Market by Players; 2014 (%)
Figure 29: Service Corporation International Total Revenues; 2011-2015 (US$ Billion)
Figure 30: Service Corporation International Revenues by Segments; 2011-2015 (%)
Figure 31: Nirvana Asia Ltd. Total Revenues; 2011-2015E (US$ Million)
Figure 32: Nirvana Asia Ltd. Revenues by Segments; 2014 (%)
Figure 33: Nirvana Asia Ltd. Revenues by Countries; 2014 (%)
Figure 34: Fu Shou Yuan International Group Ltd. Total Revenues; 2011-2015E (US$ Million)
Figure 35: Fu Shou Yuan International Group Ltd. Revenues by Segments; 2014 (%)
Figure 36: Fu Shou International Group Ltd. Revenues by Cities; 2014 (%)
Table 1: The U.S. Median Cost of Funeral with Viewing and Cremation
Table 2: The U.S. Median Cost of Funeral with Viewing and Burial
Table 3: Summary of Death Care Market Major Players
Table 4: Summary of Service Corporation International Brands
For further details, kindly visit :
http://www.daedal-research.com//global-insulin-pump-market-with-focus-on-patch-pumps-2016-2020
Rajeev Kumar
(Business Development Manager)
Address: 36 SFS Flats
Paschim Vihar
New Delhi-110063
Mobile: +91-8743975789
Tel: +91-120-4553017
Mail ID - info@daedal-research.com
Daedal Research is a research and consulting firm specialized in providing research reports and customized business research and analysis. For more Information:
http://www.daedal-research.com
Rajeev Kumar
(Business Development Manager)
http://www.daedal-research.com//global-insulin-pump-market-with-focus-on-patch-pumps-2016-2020
Address: 36 SFS Flats
Paschim Vihar
New Delhi-110063
Mobile: +91-8743975789
Tel: +91-120-4553017
Mail ID - info@daedal-research.com
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