Death Care Services Market Report 2025

The death care services market size has grown strongly in recent years. It will grow from $127.83 billion in 2024 to $138.74 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to rapid growth in world population, rise in accidents, and strong economic growth in emerging markets.

The death care services market size is expected to see strong growth in the next few years. It will grow to $186.89 billion in 2029 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to the increase in number of people opting for funeral plans, increasing global population, and increase in demand for lavish funerals. Major trends in the forecast period include investing in alkaline hydrolysis cremation technologies, offering green burial services, offering personalization services for funerals, offering options of live streaming funerals for people unable to attend the services, offering GPS based tracking in their cemeteries, offering digital tags for tombstones, and offering advanced funeral planning.

A decline in life expectancy is anticipated to drive the growth of the death care services market. Life expectancy refers to the number of years an individual is expected to live. As life expectancy decreases, more individuals are likely to pass away, resulting in increased demand for death care services. For example, in March 2024, the Centers for Disease Control and Prevention, a US government agency, reported that in 2022, the life expectancy gap between females and males was 5.4 years, indicating a reduction of 0.4 years from 2021. Consequently, the ongoing decrease in life expectancy is expected to propel the growth of the death care services market in the future.

The growth of the death care services market is also expected to be fueled by the rising aging population. As individuals aged 60 and older constitute the aging population requiring medical care, there is an increasing reliance on death care services for end-of-life planning and support. This reflects a growing demand for personalized and compassionate assistance in the final stages of life. According to the World Health Organization (WHO), the global population aged 60 and over is projected to reach 1.4 billion by 2030, doubling to 2.1 billion by 2050. Consequently, the escalating aging population is anticipated to be a significant driver for the death care services market.

Major companies and government entities are strategically focusing on promoting and providing green burial options to gain a competitive advantage. Green funerals, synonymous with natural burials, emphasize simplicity, affordability, and the conservation of natural resources. For instance, in December 2022, Recompose, a US-based death care service provider, reported that Governor Kathy Hochul signed legislation legalizing human composting in New York. This move expands the eco-friendly burial methods available in New York, making it the sixth state, after Washington, Colorado, Oregon, Vermont, and California, to legalize human composting.

Major companies operating in the death care services market include Service Corporation International (SCI), Nirvana Asia Ltd, Dignity Plc, Arbor Memorial Inc., InvoCare, Fu Shou Yuan International Group, Carriage Services, NorthStar Memorial group, Stonemor Inc., Funespaña, Kumar Funeral Services, Anthyesti Funeral Services, Funeral Services Ltd., Open Agent, Ritual, Funeral Home Elpis, Park Lawn Corporation, Foundation Partners Group, Hillenbrand Inc., Walmart, 1-800-Flowers.com (FLWS), Rock of Ages Corp., Stewart Entreprises Inc., Mathews International (MATW), Naser Group, Empresa Funeraria Schunck Ltda, Eden Organizacao E Administraacao Do Serv Funer Ltda, Jerri Adriano Santos Moreira, Funeraria Global Ltda, JM Fernandes Plano De Assistencia Familiar E Funeraria, Funeraria Brasao D'ouro Ltda, Ouroplan Meta Servicos Funerarios Ltda, Celso De Almeida Augusto, Funeraria Sao Cristovao Servico Funerario Ltda, Funeraria Campos Ltda, Moore Funeral Home, Middle East Funeral Services, Gulf Care Middle East Funeral Services, Al Foah Funeral Services, Christian Cemetery Committee, Connex Assistance, Doves, Phaahla Funeral Services, Martins Funerals, Icebolethu, AVBOB Funeral Services.

Asia-Pacific was the largest region in the death care services market in 2024. North America was the second-largest region in the death care services market. The regions covered in the death care services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the death care services market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The death care services market consists of revenues earned by entities that prepare the dead for burial or interment, conduct funerals, operate sites or structures reserved for the interment of human or animal remains, and/or cremate the dead. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

Death care encompasses businesses and services associated with death, including memorials, cremations, and funerals, provided to clients. Deathcare involves the planning, provision, and enhancement of post-death services, policies, products, and governance.

Primary death care services include funeral homes and funeral services, as well as cemeteries and crematories. A funeral home serves as a facility where the deceased are prepared for burial or cremation, allowing for viewings, and conducting funeral services as needed. Various arrangements, such as at-need and pre-need arrangements, are offered through different modes, including both online and offline platforms.

The death care services market research report is one of a series of new reports that provides death care services market statistics, including death care services industry global market size, regional shares, competitors with a death care services market share, detailed death care services market segments, market trends and opportunities, and any further data you may need to thrive in the death care services industry. This death care services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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