Global funeral homes and funeral services market 2024-2028

Description

List of Tables

The funeral homes and funeral services market is forecasted to grow by USD 30.4 bn during 2023-2028, accelerating at a CAGR of 6.99% during the forecast period. The report on the funeral homes and funeral services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by new products and service launches by players, growth in the population of aged people and the number of deaths, and urbanization and lifestyle changes boosting market growth.

Technavio's funeral homes and funeral services market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	6.08%
CAGR	6.99%
Incremental Value	$30.4bn

By Service

At-need
Pre-need

By Mode Of Booking

Offline
Online

By Geographical Landscape

Europe
North America
APAC
South America
Middle East and Africa

This study identifies the strategic partnerships and acquisitions among players as one of the prime reasons driving the funeral homes and funeral services market growth during the next few years. Also, the increasing number of startups and third-party service providers and increasing penetration of technology will lead to sizable demand in the market.

The report on the funeral homes and funeral services market covers the following areas:

Funeral homes and funeral services market sizing
Funeral homes and funeral services market forecast
Funeral homes and funeral services market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading funeral homes and funeral services market vendors that include Carriage Services Inc., Chapel Funerals, Co operative Group Ltd., Coles Funeral Directors Ltd., Dignity Plc, Everstorypartners, FUNECAP HOLDING, Funeral Partners Ltd., Fu Shou Yuan International Group Ltd., InvoCare Australia Pty Ltd., Matthews International Corp., Muslim Funeral Services, Nirvana Asia Ltd., Park Lawn Corp., SA Funeral services, San Holdings Inc., Service Corp. International, Westerleigh Group Holdings Ltd., Wimberly Funeral Home, and Wise Funeral Service. Also, the funeral homes and funeral services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR45104

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Service
- Executive Summary - Chart on Market Segmentation by Mode of Booking
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Funeral Homes And Funeral Services Market 2018 - 2022
- Historic Market Size - Data Table on Global Funeral Homes And Funeral Services Market 2018 - 2022 ($ billion)
4.2 Service segment analysis 2018 - 2022
- Historic Market Size - Service Segment 2018 - 2022 ($ billion)
4.3 Mode of Booking segment analysis 2018 - 2022
- Historic Market Size - Mode of Booking Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Service

6.1 Market segments
- Chart on Service - Market share 2023-2028 (%)
- Data Table on Service - Market share 2023-2028 (%)
6.2 Comparison by Service
- Chart on Comparison by Service
- Data Table on Comparison by Service
6.3 At-need - Market size and forecast 2023-2028
- Chart on At-need - Market size and forecast 2023-2028 ($ billion)
- Data Table on At-need - Market size and forecast 2023-2028 ($ billion)
- Chart on At-need - Year-over-year growth 2023-2028 (%)
- Data Table on At-need - Year-over-year growth 2023-2028 (%)
6.4 Pre-need - Market size and forecast 2023-2028
- Chart on Pre-need - Market size and forecast 2023-2028 ($ billion)
- Data Table on Pre-need - Market size and forecast 2023-2028 ($ billion)
- Chart on Pre-need - Year-over-year growth 2023-2028 (%)
- Data Table on Pre-need - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Service
- Market opportunity by Service ($ billion)
- Data Table on Market opportunity by Service ($ billion)

7 Market Segmentation by Mode of Booking

7.1 Market segments
- Chart on Mode of Booking - Market share 2023-2028 (%)
- Data Table on Mode of Booking - Market share 2023-2028 (%)
7.2 Comparison by Mode of Booking
- Chart on Comparison by Mode of Booking
- Data Table on Comparison by Mode of Booking
7.3 Offline - Market size and forecast 2023-2028
- Chart on Offline - Market size and forecast 2023-2028 ($ billion)
- Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
- Chart on Offline - Year-over-year growth 2023-2028 (%)
- Data Table on Offline - Year-over-year growth 2023-2028 (%)
7.4 Online - Market size and forecast 2023-2028
- Chart on Online - Market size and forecast 2023-2028 ($ billion)
- Data Table on Online - Market size and forecast 2023-2028 ($ billion)
- Chart on Online - Year-over-year growth 2023-2028 (%)
- Data Table on Online - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Mode of Booking
- Market opportunity by Mode of Booking ($ billion)
- Data Table on Market opportunity by Mode of Booking ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.10 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ billion)
- Data Table on France - Market size and forecast 2023-2028 ($ billion)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
9.11 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ billion)
- Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ billion)
- Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Carriage Services Inc.
- Carriage Services Inc. - Overview
- Carriage Services Inc. - Business segments
- Carriage Services Inc. - Key offerings
- Carriage Services Inc. - Segment focus
12.4 Chapel Funerals
- Chapel Funerals - Overview
- Chapel Funerals - Product / Service
- Chapel Funerals - Key offerings
12.5 Co operative Group Ltd.
- Co operative Group Ltd. - Overview
- Co operative Group Ltd. - Product / Service
- Co operative Group Ltd. - Key offerings
12.6 Coles Funeral Directors Ltd.
- Coles Funeral Directors Ltd. - Overview
- Coles Funeral Directors Ltd. - Product / Service
- Coles Funeral Directors Ltd. - Key offerings
12.7 Dignity Plc
- Dignity Plc - Overview
- Dignity Plc - Business segments
- Dignity Plc - Key offerings
- Dignity Plc - Segment focus
12.8 FUNECAP HOLDING
- FUNECAP HOLDING - Overview
- FUNECAP HOLDING - Product / Service
- FUNECAP HOLDING - Key offerings
12.9 Funeral Partners Ltd.
- Funeral Partners Ltd. - Overview
- Funeral Partners Ltd. - Product / Service
- Funeral Partners Ltd. - Key offerings
12.10 Fu Shou Yuan International Group Ltd.
- Fu Shou Yuan International Group Ltd. - Overview
- Fu Shou Yuan International Group Ltd. - Product / Service
- Fu Shou Yuan International Group Ltd. - Key offerings
12.11 InvoCare Australia Pty Ltd.
- InvoCare Australia Pty Ltd. - Overview
- InvoCare Australia Pty Ltd. - Business segments
- InvoCare Australia Pty Ltd. - Key offerings
- InvoCare Australia Pty Ltd. - Segment focus
12.12 Matthews International Corp.
- Matthews International Corp. - Overview
- Matthews International Corp. - Product / Service
- Matthews International Corp. - Key offerings
12.13 Muslim Funeral Services
- Muslim Funeral Services - Overview
- Muslim Funeral Services - Product / Service
- Muslim Funeral Services - Key offerings
12.14 Nirvana Asia Ltd.
- Nirvana Asia Ltd. - Overview
- Nirvana Asia Ltd. - Product / Service
- Nirvana Asia Ltd. - Key offerings
12.15 Park Lawn Corp.
- Park Lawn Corp. - Overview
- Park Lawn Corp. - Product / Service
- Park Lawn Corp. - Key offerings
12.16 Service Corp. International
- Service Corp. International - Overview
- Service Corp. International - Product / Service
- Service Corp. International - Key offerings
12.17 Wimberly Funeral Home
- Wimberly Funeral Home - Overview
- Wimberly Funeral Home - Product / Service
- Wimberly Funeral Home - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations