Press release
US Death Care Market to Reach Nearly US$ 14.91 Billion by 2029 with 3.95% CAGR Growth
US Death Care Market
This comprehensive report provides an in-depth analysis of the US Death Care Market, segmenting it based on operations, arrangements, and products & services. The impact of COVID-19 lockdown measures on market revenue for leaders, followers, and disruptors is also analyzed, considering variations in lockdown implementation across regions and countries. Short-term and long-term market impacts are covered to assist decision-makers in formulating strategies.
The report utilizes a combination of primary and secondary research methods to analyze market dynamics from 2018 to 2022 and forecast trends. Key players in the market, including market leaders, followers, and new entrants, are studied, profiled, and benchmarked. The report incorporates PORTER, SVOR, PESTEL analysis to assess micro-economic factors' potential impact on the market by region.
Market Values:
The US Death Care Market is projected to grow at a steady CAGR of 3.95% during the forecast period, with the market size expected to reach nearly US$ 14.91 billion by 2029.
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What are US Death Care Market Dynamics:
Market Drivers:
Pre-Need Arrangements: Pre-need agreements are expected to dominate the market due to their benefits in reducing the financial burden of loved ones' deaths and the increasing prevalence of accidents and sudden deaths.
Caskets & Vaults Segment: The demand for cremation caskets, rental caskets, and green burial caskets is driving growth in the caskets & vaults segment, making it the largest segment in the market.
Market Restraints:
COVID-19 Impact: Variations in COVID-19 lockdown measures across regions and segments have affected market revenue differently, presenting short-term and long-term challenges for decision-makers.
Regional Insights:
Funeral Homes Segment Dominance: In 2021, the funeral homes segment held the majority market share and is projected to maintain its position during the forecast period.
North America's Outlook: North America is expected to witness steady growth, with the United States leading the market due to the development of advanced death care services and increasing adoption of pre-need arrangements.
For further information and insights, refer to the comprehensive report on the global US Death Care market:https://www.maximizemarketresearch.com/market-report/us-death-care-market/21986/
What is US Death Care Market Segmentation:
by Operations
• Funeral Homes
• Cemeteries
by Arrangements
• At-Need
• Pre-Need
by Distribution Channel
• Online
• Offline
by Product & Services
• Caskets & Vaults
• Facility Rentals
• Embalming & Cosmetic Preparation
• Urns
• Others
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Who are US Death Care Market Key Players:
• StoneMor
• Carriage Services
• NorthStar Memorial Group
• McMahon
• Lyon & Hartnett Funeral Home
• Musgrove Mortuaries and Cemeteries
• Natural Legacy USA
• Newton Cemetery
• The Northern Craft Advantage
• Nosek-McCreery Funeral
• Cremation & Green services
• Park Lawn Cemetery
• Rock of Ages
• Sauder Funeral Products
• Sich
• Sunset Memorial Park
• Hillenbrand control
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Table of content for the US Death Care Market includes:
Global US Death Care Market: Research Methodology
Global US Death Care Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global US Death Care Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company comprising professionals from various industries. Our coverage spans medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemical products, general merchandise, beverages, personal care, and automated systems, among others. We provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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