DEATH CARE SERVICES

Global Market Trajectory & Analytics

MCP15806

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  •  DATE

    JANUARY 2021

  •  TABLES

    120

  •  PAGES

    241

  •  EDITION

    12

  •  PRICE

    USD $5450


COVID-19 IMPACT SURVEY
Amid the COVID-19 crisis, the global market for Death Care Services estimated at US$115.4 Billion in the year 2020, is projected to reach a revised size of US$160 Billion by 2027, growing at a CAGR of 4.8% over the period 2020-2027.Funeral Homes & Funeral Services, one of the segments analyzed in the report, is projected to grow at a 4.6% CAGR to reach US$103.5 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 5.2% CAGR for the next 7-year period. This segment currently accounts for a 34.4% share of the global Death Care Services market.
The Death Care Services market in the U.S. is estimated at US$39.2 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$19.1 Billion in the year 2027 trailing a CAGR of 6.2% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 4.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR while Rest of European market (as defined in the study) will reach US$19.1 Billion by the year 2027.We bring years of research experience to this 12th edition of our report. The 257-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others, 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.
» Operation (Funeral Homes & Funeral Services, Cemeteries & Crematories) » Segment (Caskets & Vaults, Facility Rentals, Embalming & Cosmetic Preparation, Other Segments)
» World » USA » Canada » Japan » China » Europe » France » Germany » Italy » UK » Spain » Russia » Rest of Europe » Asia-Pacific » Latin America » Rest of World

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