Introduction:

The demand for funeral goods and services is continuing to rise worldwide due to an ageing population and rising urbanization. Increased mortality rates have further fueled demand for death care services and goods on the international market. Additional factors driving demand for death care services include rising rates of infectious illnesses, malnutrition, and under nutrition. Funeral Products and Services Market was valued at US$ 54.5 Billion in 2024 and is projected to grow at a CAGR of 6.40% to reach US$ 101 Billion by 2034.

The rise in mortality rates has also sped up demand on the international market. Additionally, the rising death toll is primarily attributed to a variety of variables, including rising disposable income and rising disease prevalence, both of which are anticipated to support the expansion of the global market. Additionally, vendors are offering more monuments and memorials for holding funeral services. Due to these considerations, the demand for funeral-related goods and services is predicted to stay strong on the international market. The increased need for embalming procedures due to musculoskeletal, chemical, and biological risks associated with conducting funerals. Throughout the projection period, the market for funeral goods and services will continue to expand significantly.                         

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

The Global Funeral Products and Services Market is segmented based on type, application and region.

On the basis of type, the Global Funeral Products and Services Market is segmented into Traditional Services Type, Memorial Services Type, and Immediate Service Type. On the basis of application, the Global Funeral Products and Services Market is segmented into At-Need and Pre-Need. 

Regional Insights:

On basis of region the Global Funeral Products and Services Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Growth in North America for funeral products and services industry is being challenged by the increasing popularity of cremation. In addition, death rates in the U.S are also predicted to rise, propel growth in the funeral product and services industry.

Report Scope:

Attribute	Details
Base year for estimation	2023
Forecast period	2024– 2034
Market representation	Revenue in USD Million & CAGR from 2023 to 2034
Market Segmentation	By Type – Traditional Services Type, Memorial Services Type, and Immediate Service Type. By Application – At-Need and Pre-Need.
Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

 

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Funeral Products and Services report based on test, application, and region.

Global Funeral Products and Services Market, By Type:

• Traditional Services Type
• Memorial Services Type
• Immediate Service Type

Global Funeral Products and Services Market, By Application:

• At-Need
• Pre-Need

Global Funeral Products and Services Market, By Region:

• • • North America
      • • U.S.
        • Canada
    • Europe
      • • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa

 

The key players operating the Global Funeral Products and Services Market  Includes 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. Advancements in the product as well as in manufacturing process, product launches, and strategic partnerships are some trends witnessed in the global funeral products and services market. For instance, in March 2017, Service Corporation International owned and activated 475 cemeteries and 1,500 funeral homes (of which 283 are combination locations) in 45 states, eight Canadian provinces, the District of Columbia, and Puerto Rico.  Through its businesses, SCI offers assurance of value, quality, caring service, and exceptional customer satisfaction.

• Service Corporation International*
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• Matthews International Corporation
• Dignity Plc
• StoneMor Partners
• InvoCare Ltd.
• Carriage Services, Inc.
• Fu Shou Yuan International Group Ltd.
• San Holdings, Inc.
• Nirvana Asia Ltd.
• Funespana SA

 “*” marked represents similar segmentation in other categories in the respective section

Research Objective and Assumption

• Preface
• Research Objectives
• Study Scope
• Years Considered for the study
• Assumptions
• Abbreviations

Research Methodology

• Research data
• Primary Data
  • Primary Interviews
  • Primary Breakdown
  • Key data from Primary Sources
  • Key Thickness Insights
• Secondary Data
  • Major Secondary Sources
  • Secondary Sources
• Market Estimation
• Top-Down Approach
  • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
• Bottom-Up Approach
  • Approach for estimating market share by Bottom-up Analysis (Demand Side)
• Market Breakdown and Data Triangulation
• Research Assumptions

Market Preview

• Executive Summary
• Key Findings—Global Outlook for medical carts Strategies
  • Key Questions this Study will Answer
  • Market Snippet, By Type
  • Market Snippet, By Application
  • Market Snippet, By Region
• Opportunity Map Analysis
• Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

• Market Dynamics
  • Drivers
  • Restrains
  • Market Opportunities
  • Market Trends
• DR Impact Analysis
• PEST Analysis
• Porter’s Five Forces Analysis
• Opportunity Orbit
• Market Investment Feasibility Index
• Macroeconomic Factor Analysis

Funeral Products and Services Market, By Type, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Traditional Services Type
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Memorial Services Type
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Immediate Service Type
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Funeral Products and Services Market, By Application, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• At-Need
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Pre-Need
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Funeral Products and Services Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Regional Trends
• North America
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • U.S.
    • Canada
• Europe
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • UK
    • France
    • Germany
    • Russia
    • Italy
    • Rest of Europe
• Asia Pacific
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • India
    • Japan
    • South Korea
    • China
    • Rest of Asia Pacific
• Latin America
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • Brazil
    • Mexico
    • Rest of Latin America
• Middle East & Africa
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East

Competitive Landscape

• Heat Map Analysis
• Market Presence and Specificity Analysis

Company Profiles  

• Service Corporation International
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Matthews International Corporation
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Dignity Plc
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• StoneMor Partners
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• InvoCare Ltd.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Carriage Services, Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Fu Shou Yuan International Group Ltd.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• San Holdings, Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Nirvana Asia Ltd.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Funespana SA
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

The Last Word                                      

• Future Impact
• About Us
• Contact