Death Care Services

Death Care Services

Global Death Care Services Market to Reach US$154.5 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Death Care Services estimated at US$100.7 Billion in the year 2020, is projected to reach a revised size of US$154.5 Billion by 2027, growing at a CAGR of 6.3% over the period 2020-2027.Funeral Homes & Funeral Services, one of the segments analyzed in the report, is projected to grow at a 6.1% CAGR to reach US$108 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cemeteries & Crematories segment is readjusted to a revised 6.8% CAGR for the next 7-year period. This segment currently accounts for a 29.1% share of the global Death Care Services market.

The U.S. Accounts for Over 33.9% of Global Market Size in 2020, While China is Forecast to Grow at a 8% CAGR for the Period of 2020-2027

The Death Care Services market in the U.S. is estimated at US$34.1 Billion in the year 2020. The country currently accounts for a 33.92% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$18.7 Billion in the year 2027 trailing a CAGR of 8% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.1% and 6.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.6% CAGR while Rest of European market (as defined in the study) will reach US$18.7 Billion by the year 2027.

Select Competitors (Total 220 Featured) -

• Astral Industries, Inc.
• Baalmann Mortuary
• Charbonnet Family Services
• CJ. Boots Casket Company
• Classic Memorials Inc
• Creter Vault Corporation
• Doric Products Inc
• Giles Memory Gardens
• Hillebrand Funeral Homes Inc
• Kepner Funeral Homes
• McMahon, Lyon & Hartnett Funeral Home, Inc.
• Musgrove Mortuaries & Cemeteries
• NorthStar Memorial Group, LLC
• StoneMor Partners L.P.

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