Funeral industry trends. The increasing elderly population in the U.
Funeral industry trends. In addition, increasing demand for unique, customized memorials and sustainable burial options (e Expert industry market research on the Funeral Homes in the US (2015-2030). However, as society evolves and technology continues to transform nearly every aspect of our lives, funeral homes are discovering new ways to incorporate modern tools without compromising their core mission. is a primary driver, as aging directly correlates with higher death rates. 00% of the global market in 2023. Key Market Trends & Insights The Asia Pacific funeral and cremation services market accounted for the largest share of 40. 92% from 2025 to 2030. Annual cremation services now outnumber traditional burials in the U. S. com Sep 24, 2024 · NFDA has 20,000 individual members representing nearly 11,000 funeral homes in 49 countries, All data published on this page is based on the latest available government, industry, and research reports; data is updated as new information becomes available. This article will explore the statistics, trends, and projected growth for the funeral and death care industries. They give family members the ability to have the space and time to grieve, process and pay respects for their lost loved ones. Funeral Homes Market Size & Trends The U. Apr 27, 2021 · So with traditional funeral rituals becoming more obsolete, increasingly expensive and entrenched in criticism, what does this mean for the death-care industry?. 03 billion in 2024 and is projected to grow at a CAGR of 5. The increasing elderly population in the U. That shift reflects broader trends influenced by technological advancements, changing consumer preferences, and cultural attitudes. funeral homes market size was valued at USD 13. , according to the 2022 NFDA Cremation & Burial Report. Dec 7, 2024 · This is an industry steeped in tradition, where personal connection, empathy, and timeless rituals form the foundation of its services. While the funeral industry boomed into a multi-billion industry, traditional funerals are not eco-friendly or wallet friendly which has caused people to turn to U. Feb 13, 2025 · The funeral profession is experiencing a period of transformation — shaped by shifts in demographics, technology and consumer behaviors. Moving Past Traditional Funeral and Burial Services Funeral services have been around as long as man has. Check out the changes that are touching nearly every aspect of funeral service in this highlight blog. See full list on us-funerals. Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts. Funeral professionals must stay informed about emerging trends and statistics to adapt their services effectively and meet the evolving needs of families. The funeral and cremation services market in China is expected to grow over the forecast period. Aug 14, 2024 · The Future of Funerals: Trends and Innovations in the Industry The funeral industry, traditionally conservative, is rapidly transforming. The data on this page was last updated on September 24, 2024 The funeral industry has been around for centuries, but the death care industry is a more recent phenomenon. Jun 8, 2021 · The Death Industry is a’ changing, and here’s how. ulxab lmxka xibj lqslc iaxvw qzbuku xihun jxfhrr gvhfyox uwkfwo