The U.S. Death Care Market Business Report 2028 - the Market to Reach $28.29 Billion by 2028 - Arizton

According to Arizton’s latest research report, the US death care market to reach USD 28.29 billion by 2028, growing at a CAGR of 4.13% during the forecast period.

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The death care industry of the US includes organizations and companies that provide services such as cremation, funeral, burial or cremation, and memorial. The US death care industry is dominated by a few large companies such as SCI, Carriage Services, StoneMor Partners L.P., NorthStar Memorial Group, Forest Lawn Memorial-Parks & Mortuaries, and Anderson-McQueen Funeral Home. Moreover, there are many families or individual businesses in the death care market. The market is driven by innovative business models and digital revolutions such as live streaming to draw consumers. The leading vendors offer a wide range of funeral services with Preneed arrangements packages. The south region consists of the highest number of funeral homes in the US. The rising geriatric population and increasing number of deaths in most states of the US drive the demand for death care services in the US.

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The Southern region of the United States boasts the highest concentration of funeral homes across the nation. Within this region, several states, including Texas, Washington D.C., North Carolina, Florida, and Georgia, are home to over 500 funeral homes each. This phenomenon significantly contributes to the overall growth and vitality of the death care market in the United States. One notable aspect of the Southern region is its comparatively higher death rates, partly attributable to a lower life expectancy when compared to other regions in the country. This elevated mortality rate fuels the demand for funeral homes and cemeteries in this area. Furthermore, the Southern region faces unique challenges such as the prevalence of tropical diseases like Zika virus, dengue virus, and chikungunya virus, which are transmitted by Aedes mosquitoes. These diseases have a substantial impact on the death rate in this region. Additionally, extreme weather events, such as hurricanes and tornadoes, contribute to a rise in physical injuries and fatalities. Furthermore, increased exposure to dust due to expanding agricultural activities has led to a surge in cardiovascular and respiratory health problems, ultimately resulting in a higher number of deaths.

Market Trends

Green burial is one of the top trends in the death care industry due to rising demand for eco-friendly products and burial practices. This has compelled many companies to offer green burial services.  

To ensure their loved ones receive a memorable sendoff, family and friends of the deceased offer speeches, songs, readings, and videos. The trend of live streaming has been rising over the last few years due to rising internet penetration. Most people prefer personalized funeral services that include creative or designed caskets or urns, and funeral services at special locations such as churches, religious gardens, local garden, etc. Post pandemic, pre-planning funeral services have been on the rise. In which, people buy packages of funeral services for self and loved one’s. In the future, this may be the biggest business opportunity for the present companies in the death care market of the US. Many companies also offer crowdfunding services where family members and strangers also can contribute for the funeral and raise money.

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Table of Content 

CHAPTER – 1: US Death Care Market Overview

CHAPTER – 2: US Death Care Market Segmentation Data

CHAPTER – 3: US Death Care Market Prospects & Opportunities

CHAPTER – 4: US Death Care Market Overview

CHAPTER – 5: Appendix

LIST OF EXHIBITS

Key Questions Answered in the Report

What was the value of the U.S. death care market?

What are some of the factors contributing to significant growth in the U.S. death care market?

Who are the leading U.S. death care market players with strong industry penetration?

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