Worldwide Death Care Services Industry to 2030 - Players Include Service Corporation International, Nirvana Asia and Fu Shou Yuan International

Dublin, March 01, 2021 (GLOBE NEWSWIRE) -- The "Death Care Services Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the global death care services market as it emerges from the COVID-19 shut down.

The global death care services market is expected to grow from $103.93 billion in 2020 to $109.79 billion in 2021 at a compound annual growth rate (CAGR) of 5.6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $147.38 billion in 2025 at a CAGR of 8%.

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Description:

Where is the largest and fastest growing market for the death care services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Death Care Services market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider death care services market, and compares it with other markets.

• The market characteristics section of the report defines and explains the market.

• The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.

• Market segmentations break down market into sub markets.

• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.

• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.

• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

• The death care services market section of the report gives context. It compares the death care services market with other segments of the personal services market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, death care services indicators comparison.

Major companies in the death care services market include Service Corporation International (SCI); Nirvana Asia Ltd and Fu Shou Yuan International Group.

The death care services market consists of sales of death care services and related goods by entities (organizations, sole traders and partnerships) that prepare the dead for burial or interment, conduct funerals, operate sites or structures reserved for the interment of human or animals remains, and/or cremate the dead. The death care services market is segmented into funeral homes and funeral services; and cemeteries and crematories.

Asia Pacific was the largest region in the global death care services market, accounting for 40% of the market in 2020. North America was the second largest region accounting for 27% of the global death care services market. Africa was the smallest region in the global death care services market.

Death care service companies are increasingly using the alkaline hydrolysis method for disposing of corpses. Alkaline hydrolysis is a chemical process for the disposal of human remains using sodium hydroxide and heat. The method uses a solution of 95% water and 5% potassium hydroxide or sodium oxide to reduce a body to components of liquid and bone. Bone fragments are retained and dried into a substance which is similar to cremated ashes. The liquid by-product of alkaline hydrolysis is a non-toxic solution that is disposed through the sewage system. As of August 2019, 19 states in the United States of America have legalized practice of alkaline hydrolysis.

Key Topics Covered:

1. Executive Summary

2. Report Structure

3. Death Care Services Market Characteristics
3.1. Market Definition
3.2. Key Segmentations

4. Death Care Services Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products

5. Death Care Services Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers

6. Death Care Services Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth

7. Death Care Services Market Trends and Strategies

8. Impact of COVID-19 on Death Care Services

9. Death Care Services Market Size and Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers of the Market
9.2.2. Restraints on the Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers of the Market
9.3.2. Restraints on the Market

10. Death Care Services Market Regional Analysis
10.1. Global Death Care Services Market, 2020, by Region, Value ($ Billion)
10.2. Global Death Care Services Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region
10.3. Global Death Care Services Market, Growth and Market Share Comparison, by Region

11. Death Care Services Market Segmentation
11.1. Global Death Care Services Market, Segmentation by Type
11.2. Global Death Care Services Market, Segmentation by Arrangement
11.3. Global Death Care Services Market, Segmentation by Mode

12. Death Care Services Market Metrics
12.1. Death Care Services Market Size, Percentage of GDP, 2015-2025, Global
12.2. Per Capita Average Death Care Services Market Expenditure, 2015-2025, Global

13. Asia-Pacific Death Care Services Market

14. Western Europe Death Care Services Market

15. Eastern Europe Death Care Services Market

16. North America Death Care Services Market

17. South America Death Care Services Market

18. Middle East Death Care Services Market

19. Africa Death Care Services Market

20. Death Care Services Market Competitive Landscape
20.1. Competitive Market Overview
20.2. Market Shares
20.3. Company Profiles
20.3.1. Service Corporation International (SCI)
20.3.1.1. Company Overview
20.3.1.2. Products and Services
20.3.1.3. Strategy
20.3.1.4. Financial Performance
20.3.2. Nirvana Asia Ltd
20.3.2.1. Company Overview
20.3.2.2. Products and Services
20.3.2.3. Strategy
20.3.2.4. Financial Performance
20.3.3. Fu Shou Yuan International Group
20.3.3.1. Company Overview
20.3.3.2. Products and Services
20.3.3.3. Strategy
20.3.3.4. Financial Performance
20.3.4.
20.3.4.1. Company Overview
20.3.4.2. Products and Services
20.3.4.3. Strategy
20.3.4.4. Financial Performance
20.3.5.
20.3.5.1. Company Overview
20.3.5.2. Products and Services
20.3.5.3. Strategy
20.3.5.4. Financial Performance

21. Key Mergers and Acquisitions in the Death Care Services Market

22. Market Background: Personal Services Market
22.1. Personal Services Market Characteristics
22.2. Personal Services Market Historic and Forecast, 2015-2020, 2020-2025F, 2030F Growth, by Segment, Value ($ Billion), Global
22.3. Global Personal Services Market, 2020, by Region, Value ($ Billion)
22.4. Global Personal Services Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region
22.5. Global Personal Services Market, 2015-2020, 2020-2025F, 2030F, Segmentation by Type, Value ($ Billion)

23. Recommendations
23.1. Global Death Care Services Market in 2025 - Growth Countries
23.2. Global Death Care Services Market in 2025 - Growth Segments
23.3. Global Death Care Services Market in 2025 - Growth Strategies

24. Appendix
24.1. NAICS Definitions of Industry Covered in this Report
24.2. Abbreviations
24.3. Currencies
24.4. Research Inquiries
24.5. About the Publisher

25. Copyright and Disclaimer

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