Funeral Products and Services Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2017 to 2022

Published on : Nov-2017 | List of Tables : 145 | List of Figures : 45 | No. of Pages : 170 | Report Code : FACT330MR | Format : ppt pdf Excel Word

Growing old age population and rapid urbanization continues to fuel demand for the funeral products & services globally. Surge in the mortality rate has further revved up demand for death care services and products in the global market.  According to a recent report by CDC, the death rate recorded is 823.7 deaths per 100,000 population and heart diseases continue to remain the major cause of deaths globally. Increasing number of deaths is mainly attributed to various factors such as growing prevalence of diseases, increasing disposable income and robust economic growth is expected to contribute towards growth of the global funeral products & services market.

funeral products services market

According to Fact.MR, the global funeral products & services market is expected to represent a value of nearly US$ 370,000 Mn by the end of 2022.

Market Taxonomy

Region

Service Type

Funeral Planning

North America

Traditional

At-Need

Latin America

Memorial

Pre-Need

Europe

Immediate

Others

Japan

   

APEJ

   

MEA

   

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

Performing Euthanasia Will Continue to Boost Global Sales

Increasing demand for performing euthanasia in the hospitals has significantly contributed towards the mortality rate globally. Some patients who are severely affected by terminal illness are subject to unstoppable sufferings and pains. Unstoppable pains and sufferings continue to rev up demand for performing euthanasia in the hospitals. Lethal vaccinations such as potassium chloride, sodium thiopental and pancuronium bromide are injected in the patients suffering from various terminal illness such as neurological conditions, last stage of Alzheimer’s, chronic lung problem and heart failures. Bound to these factors, the funeral products & services are likely to witness significant demand in the global market.

Death Care Services to Create Lucrative Growth Opportunities

Surge in the death rate continues to fuel demand for various death care services including memorials, burial or cremation and funerals. Organizations and companies operating in the death care industry are focusing on offering cemeteries, coffins, headstones and crematoria for conducting funerals. In addition, growing incidences of infectious diseases, malnutrition and under nutrition continue to fuel demand for the death care services.

Growing need for conducting funeral services has further led to surge in demand for publishing the obituaries and creating epitah. Moreover, dealers are increasingly selling monuments and memorials for conducting the funeral ceremonies. Bound to such factors, demand for funeral products and services is expected to remain high in the global market. Conducting funeral has also led to surge in demand for embalming operations for chemical exposure, biological exposure and musculoskeletal hazards. The global funeral products & services market will continue to witness significant growth during the forecast period.

Pre-Planning Funeral Services to Impact Global Market Growth

Recent trend of pre-planning the funeral and crematory ceremony will continue to impact growth of the global funeral products & services. In order to assume the financial responsibility, people are opting to pre-plan their funeral. Increasing demand to cater for various unique hazards and embalming maintenance & room ventilation continues to contribute towards growth of the global market. Moreover, growing need for embalming operations regarding the musculoskeletal hazards, chemical exposure and biological exposure is further expected to rev up demand for funeral products & services. 

At-Need Planning to Represent a Leading Segment

As people prefer conducting funerals with all the rituals, demand for traditional services will continue to increase in the global market. On the basis of service type, the traditional segment is expected to generate significant revenues, accounting for a value of over US$ 65,000 Mn by the end of 2022. The immediate service type segment is expected to register the highest CAGR throughout the forecast period. Based on funeral planning, the at-need segment is expected to represent the highest revenue growth, recording a value of over US$ 33,000 Mn by the end of 2017. Further, the at-home funeral planning segment is expected to register a robust CAGR through 2022.

Competition Tracking

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

Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR

Surge in the number of death rate will continue to boost demand for the funeral product and services. In addition, increasing incidences of performing euthanasia in hospitals is expected to contribute towards growth of the global funeral products & services market. This report, compiled by Fact.MR, provides in-depth analysis of the global funeral products & services market for the forecast period 2017-2022, and offers key insights about future market direction.

Scope

The scope of Fact.MR’s report is to analyze the global funeral products & services market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Funeral products & services manufacturers, stakeholders, and suppliers in the global consumer goods sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to keyword.

Summary

The report commences with a brief information of the global funeral products & services market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global funeral products & services market.

Overview

The next section offers an overview of the global funeral products & services market. This comprises an introduction to the market, along with a standard definition of the product – keyword. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.

The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.

In order to offer readers with up-to-date information about the latest advancements in the global funeral products & services market, the report provides updates about market opportunities, which can benefit leading manufacturers of keyword. With continuous evolution of the consumer goods sector, keeping a record of latest developments and trends is fundamental for funeral products & services manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.

Considering the wide scope of the global funeral products & services market and to offer in-depth insights, Fact.MR’s report provides segment-wise analysis and forecast. The funeral products & services market has been categorized on the basis of service type, funeral planning, and region. This segmentation analysis is comprehensive, coupled with a detailed country-wise forecast provided on all parameters.

The report’s last section comprises of the global funeral products & services market competitive landscape, to provide readers with the dashboard view of company analysis and market players. This competitive intelligence is based on the providers’ categories across value chain, and their presence in the global funeral products & services market.

Research Methodology

Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,

  • Primary research
  • Secondary research
  • Trade research
  • Focused interviews
  • Social media analysis

Chapter 1 Global Market Outlook

Chapter 2 Global Funeral Products and Services Market - Executive Summary

Chapter 3 Global Funeral Products and Services Market Overview
3.1 Introduction
      3.1.1 Global Funeral Products and Services Market Taxonomy
      3.1.2 Global Funeral Products and Services Market Definition
3.2 Global Funeral Products and Services Market Size (US$ Mn) and Forecast, 2012-2022
      3.2.1 Global Funeral Products and Services Market Y-o-Y Growth
3.3 Global Funeral Products and Services Market Dynamics
3.4 Cost Structure
3.5 Market Trends
3.6 Key Facts
3.7 Buyer Trends
3.8 Porter’s Analysis
3.9 Causes of death by rate
3.10 Pricing Analysis
3.11 Deaths by Age Group
3.12 List of Suppliers/ Distributor
3.13 Value Chain Analysis
3.14 Key Participants in the Market by Region

Chapter 4 Global Funeral Products and Services Market Analysis and Forecast, 2012-2022
4.1 Global Funeral Products and Services Market Size and Forecast by Service Type, 2012-2022
      4.1.1 Traditional Market Size and Forecast, 2012-2022
              4.1.1.1 Revenue (US$ Mn) Comparison, By Region
              4.1.1.2 Market Share Comparison, By Region
              4.1.1.3 Y-o-Y growth Comparison, By Region
      4.1.2 Memorial Market Size and Forecast, 2012-2022
              4.1.2.1 Revenue (US$ Mn) Comparison, By Region
              4.1.2.2 Market Share Comparison, By Region
              4.1.2.3 Y-o-Y growth Comparison, By Region
      4.1.3 Immediate Market Size and Forecast, 2012-2022
              4.1.3.1 Revenue (US$ Mn) Comparison, By Region
              4.1.3.2 Market Share Comparison, By Region
              4.1.3.3 Y-o-Y growth Comparison, By Region
4.2 Global Funeral Products and Services Market Size and Forecast by Funeral Planning, 2012-2022
      4.2.1 At-Need Market Size and Forecast, 2012-2022
              4.2.1.1 Revenue (US$ Mn) Comparison, By Region
              4.2.1.2 Market Share Comparison, By Region
              4.2.1.3 Y-o-Y growth Comparison, By Region
      4.2.2 Pre-Need Market Size and Forecast, 2012-2022
              4.2.2.1 Revenue (US$ Mn) Comparison, By Region
              4.2.2.2 Market Share Comparison, By Region
              4.2.2.3 Y-o-Y growth Comparison, By Region
      4.2.3 Others Market Size and Forecast, 2012-2022
              4.2.3.1 Revenue (US$ Mn) Comparison, By Region
              4.2.3.2 Market Share Comparison, By Region
              4.2.3.3 Y-o-Y growth Comparison, By Region
4.3 Global Funeral Products and Services Market Size and Forecast, 2012-2022
      4.3.1 North America Funeral Products and Services Market Size and Forecast, 2012-2022
              4.3.1.1 Revenue (US$ Mn) Comparison, By Service Type
              4.3.1.2 Revenue (US$ Mn) Comparison, By Funeral Planning
      4.3.2 Latin America Funeral Products and Services Market Size and Forecast, 2012-2022
              4.3.2.1 Revenue (US$ Mn) Comparison, By Service Type
              4.3.2.2 Revenue (US$ Mn) Comparison, By Funeral Planning
      4.3.3 Europe Funeral Products and Services Market Size and Forecast, 2012-2022
              4.3.3.1 Revenue (US$ Mn) Comparison, By Service Type
              4.3.3.2 Revenue (US$ Mn) Comparison, By Funeral Planning
      4.3.4 Japan Funeral Products and Services Market Size and Forecast, 2012-2022
              4.3.4.1 Revenue (US$ Mn) Comparison, By Service Type
              4.3.4.2 Revenue (US$ Mn) Comparison, By Funeral Planning
      4.3.5 APEJ Funeral Products and Services Market Size and Forecast, 2012-2022
              4.3.5.1 Revenue (US$ Mn) Comparison, By Service Type
              4.3.5.2 Revenue (US$ Mn) Comparison, By Funeral Planning
      4.3.6 MEA Funeral Products and Services Market Size and Forecast, 2012-2022
              4.3.6.1 Revenue (US$ Mn) Comparison, By Service Type
              4.3.6.2 Revenue (US$ Mn) Comparison, By Funeral Planning

Chapter 5 North America Funeral Products and Services Market Analysis and Forecast, By Country, 2012-2022
5.1 North America Outlook
5.2 North America Funeral Products and Services Market Overview
5.3 US Funeral Products and Services Market Size and Forecast, 2012-2022
      5.3.1 Revenue (US$ Mn) Comparison, By Service Type
      5.3.2 Revenue (US$ Mn) Comparison, By Funeral Planning
5.4 Canada Funeral Products and Services Market Size and Forecast, 2012-2022
      5.4.1 Revenue (US$ Mn) Comparison, By Service Type
      5.4.2 Revenue (US$ Mn) Comparison, By Funeral Planning

Chapter 6 Latin America Funeral Products and Services Market Analysis and Forecast, By Country, 2012-2022
6.1 Latin America Outlook
6.2 Latin America Funeral Products and Services Market Overview
6.3 Brazil Funeral Products and Services Market Size and Forecast, 2012-2022
      6.3.1 Revenue (US$ Mn) Comparison, By Service Type
      6.3.2 Revenue (US$ Mn) Comparison, By Funeral Planning
6.4 Mexico Funeral Products and Services Market Size and Forecast, 2012-2022
      6.4.1 Revenue (US$ Mn) Comparison, By Service Type
      6.4.2 Revenue (US$ Mn) Comparison, By Funeral Planning
6.5 Argentina Funeral Products and Services Market Size and Forecast, 2012-2022
      6.5.1 Revenue (US$ Mn) Comparison, By Service Type
      6.5.2 Revenue (US$ Mn) Comparison, By Funeral Planning

Chapter 7 Europe Funeral Products and Services Market Analysis and Forecast, By Country, 2012-2022
7.1 Europe Outlook
7.2 Europe Funeral Products and Services Market Overview
7.3 Germany Funeral Products and Services Market Size and Forecast, 2012-2022
      7.3.1 Revenue (US$ Mn) Comparison, By Service Type
      7.3.2 Revenue (US$ Mn) Comparison, By Funeral Planning
7.4 UK Funeral Products and Services Market Size and Forecast, 2012-2022
      7.4.1 Revenue (US$ Mn) Comparison, By Service Type
      7.4.2 Revenue (US$ Mn) Comparison, By Funeral Planning
7.5 France Funeral Products and Services Market Size and Forecast, 2012-2022
      7.5.1 Revenue (US$ Mn) Comparison, By Service Type
      7.5.2 Revenue (US$ Mn) Comparison, By Funeral Planning
7.6 Spain Funeral Products and Services Market Size and Forecast, 2012-2022
      7.6.1 Revenue (US$ Mn) Comparison, By Service Type
      7.6.2 Revenue (US$ Mn) Comparison, By Funeral Planning
7.7 Italy Funeral Products and Services Market Size and Forecast, 2012-2022
      7.7.1 Revenue (US$ Mn) Comparison, By Service Type
      7.7.2 Revenue (US$ Mn) Comparison, By Funeral Planning
7.8 Nordic Funeral Products and Services Market Size and Forecast, 2012-2022
      7.8.1 Revenue (US$ Mn) Comparison, By Service Type
      7.8.2 Revenue (US$ Mn) Comparison, By Funeral Planning

Chapter 8 Japan Funeral Products and Services Market Analysis and Forecast, 2012-2022
8.1 Japan Outlook
8.2 Japan Funeral Products and Services Market Overview
8.3 Japan Funeral Products and Services Market Size and Forecast, 2012-2022
      8.3.1 Revenue (US$ Mn) Comparison, By Service Type
      8.3.2 Revenue (US$ Mn) Comparison, By Funeral Planning

Chapter 9 APEJ Funeral Products and Services Market Analysis and Forecast, By Country, 2012-2022
9.1 APEJ Outlook
9.2 APEJ Funeral Products and Services Market Overview
9.3 China Funeral Products and Services Market Size and Forecast, 2012-2022
      9.3.1 Revenue (US$ Mn) Comparison, By Service Type
      9.3.2 Revenue (US$ Mn) Comparison, By Funeral Planning
9.4 India Funeral Products and Services Market Size and Forecast, 2012-2022
      9.4.1 Revenue (US$ Mn) Comparison, By Service Type
      9.4.2 Revenue (US$ Mn) Comparison, By Funeral Planning
9.5 Malaysia Funeral Products and Services Market Size and Forecast, 2012-2022
      9.5.1 Revenue (US$ Mn) Comparison, By Service Type
      9.5.2 Revenue (US$ Mn) Comparison, By Funeral Planning
9.6 Thailand Funeral Products and Services Market Size and Forecast, 2012-2022
      9.6.1 Revenue (US$ Mn) Comparison, By Service Type
      9.6.2 Revenue (US$ Mn) Comparison, By Funeral Planning
9.7 Singapore Funeral Products and Services Market Size and Forecast, 2012-2022
      9.7.1 Revenue (US$ Mn) Comparison, By Service Type
      9.7.2 Revenue (US$ Mn) Comparison, By Funeral Planning
9.8 Australia Funeral Products and Services Market Size and Forecast, 2012-2022
      9.8.1 Revenue (US$ Mn) Comparison, By Service Type
      9.8.2 Revenue (US$ Mn) Comparison, By Funeral Planning

Chapter 10 MEA Funeral Products and Services Market Analysis and Forecast, By Country, 2012-2022
10.1 MEA Outlook
10.2 MEA Funeral Products and Services Market Overview
10.3 GCC Countries Funeral Products and Services Market Size and Forecast, 2012-2022
      10.3.1 Revenue (US$ Mn) Comparison, By Service Type
      10.3.2 Revenue (US$ Mn) Comparison, By Funeral Planning
10.4 South Africa Funeral Products and Services Market Size and Forecast, 2012-2022
      10.4.1 Revenue (US$ Mn) Comparison, By Service Type
      10.4.2 Revenue (US$ Mn) Comparison, By Funeral Planning
10.5 Nigeria Funeral Products and Services Market Size and Forecast, 2012-2022
      10.5.1 Revenue (US$ Mn) Comparison, By Service Type
      10.5.2 Revenue (US$ Mn) Comparison, By Funeral Planning
10.6 Israel Funeral Products and Services Market Size and Forecast, 2012-2022
      10.6.1 Revenue (US$ Mn) Comparison, By Service Type
      10.6.2 Revenue (US$ Mn) Comparison, By Funeral Planning

Chapter 11 Global Funeral Products & Service Market: Company Share Analysis, Competitive Landscape and Company Profile
11.1 Company Share Analysis
11.2 Global Funeral Products & Service Market: Competitive Landscape
11.3 Global Funeral Products & Service Market: Company Profile
      11.3.1 Service Corp. International
              11.3.1.1 Company Overview
              11.3.1.2 Product Overview
              11.3.1.3 Key Financials
              11.3.1.4 Key Developments
              11.3.1.5 SWOT Analysis
      11.3.2 Matthews International Corporation
              11.3.2.1 Company Profile
              11.3.2.2 Product Overview
              11.3.2.3 Key Financials
              11.3.2.4 Key Development
      11.3.3 Dignity PLC
              11.3.3.1 Company Profile
              11.3.3.2 Product Overview
              11.3.3.3 Key Financials
              11.3.3.4 Key Developments
      11.3.4 StoneMor Partners LP
              11.3.4.1 Company Profile
              11.3.4.2 Product Overview
              11.3.4.3 Key Financials
              11.3.4.4 Key Developments
      11.3.5 InvoCare Ltd.
              11.3.5.1 Company Profile
              11.3.5.2 Product Overview
              11.3.5.3 Key Financials
              11.3.5.4 Key Developments
      11.3.6 Carriage Services Inc.
              11.3.6.1 Company Profile
              11.3.6.2 Product Overview
              11.3.6.3 Key Financials
      11.3.7 Fu Shou Yuan International Group Ltd.
              11.3.7.1 Company Overview
              11.3.7.2 Product Overview
              11.3.7.3 Key Financials
      11.3.8 Funespana SA
              11.3.8.1 Company Profile
              11.3.8.2 Product Overview
              11.3.8.3 Key Financials
              11.3.8.4 SWOT Analysis
      11.3.9 Nirvana Asia Ltd
              11.3.9.1 Company Profile
              11.3.9.2 Product Overview
      11.3.10 San Holdings Inc.
              11.3.10.1 Company Profile
              11.3.10.2 Product Overview

Chapter 12 Fact.MR Research Methodology

Chapter 13 Disclaimer

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Funeral Products and Services Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2017 to 2022