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Global Death Care Services Market Size study, by Services, by Arrangement, by End-use and Regional Forecasts 2024-2032

Global Death Care Services Market Size study, by Services, by...

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Global Death Care Services Market Size study, by Services, by Arrangement, by End-use and Regional Forecasts 2024-2032
Global Death Care Services Market...
Report Code
RO5/103/1683

Publish Date
07/Oct/2024

Pages
200
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The Global Death Care Services Market is valued at approximately USD 99.53 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 6.79% over the forecast period 2024-2032. Death care services encompass a range of services provided to manage and handle the remains of deceased individuals, as well as to support grieving families and friends. This market refers to the industry that provides services related to the disposition of human remains and associated ceremonies, including funeral homes, cemeteries, and crematories. The market is driven by the rising geriatric population and the prevalence of chronic diseases, which increase the need for death care services. Additionally, cultural and traditional preferences for funeral services further shape the market. While the high costs associated with these services and environmental concerns pose challenges, growing investments in deathcare infrastructure and the emergence of digital deathcare services offer new growth opportunities.

The Global Death Care Services Market is segmented into various categories based on services, arrangement, and end-use. Burial services cater to individuals preferring traditional in-ground burials and include offerings such as caskets, burial plots, and headstones. Cremation services are gaining popularity due to cost-effectiveness, simplicity, and flexibility. Grief support and counseling services provide essential emotional support to the bereaved, while legal and administrative assistance helps navigate complex legalities. Memorials and keepsakes offer physical remembrances of the deceased, and transportation and repatriation services ensure the proper transfer of remains.

In terms of arrangement, the market distinguishes between at-need and pre-need arrangements. At-need arrangements address immediate needs following a death, while pre-need arrangements involve planning and payment for services in advance to alleviate future burdens. End-use segments include cemeteries, which offer traditional burial spaces, and funeral homes, which provide comprehensive services from care of the deceased to funeral planning and execution.

Regionally, the death care services market is analyzed across the Americas, EMEA, and the Asia-Pacific regions. The Americas, particularly the United States and Canada, see significant corporate presence in death care services. The Asia-Pacific region's market is influenced by cultural and religious traditions, with a growing need for memorial parks and high-tech cremation facilities. The EMEA region combines traditional practices with evolving services, driven by strict regulations and environmental concerns.

Major market players included in this report are:
ServiceMaster Company, LLC
Anthyesti Funeral Service
Arbor Memorial Inc.
Baalmann Mortuary
Batesville Services, LLC
Carriage Services, Inc.
Charbonnet Labat Funeral Home
Citizens Funeral Services, Inc.
Classic Memorials Inc.
Co-operative Group Limited
Creter Vault Corporation
Dignity PLC
Doric Products Inc.
Foundation Partners Group LLC
Fu Shou Yuan International Group Limited
The detailed segments and sub-segment of the market are explained below:
By Services
Burial Services
Cremation Services
Grief Support & Counseling Services
Legal & Administrative Assistance
Memorials & Keepsakes
Transportation & Repatriation Services
By Arrangement
At-Need Arrangement
Pre-Need Arrangement
By End-use
Cemeteries
Funeral Homes
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA
Years considered for the study are as follows:
Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

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