Cremation Caskets Market was valued at USD 0.9 Billion in 2022 and is projected to reach USD 1.6 Billion by 2030, growing at a CAGR of 8.3% from 2024 to 2030.
The global cremation caskets market was valued at approximately USD 1.2 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.7% from 2023 to 2028. The increasing acceptance of cremation as a preferred choice for final disposition, driven by factors such as lower costs and changing cultural attitudes, is fueling this growth. Additionally, the rising trend of eco-friendly and personalized cremation options is expanding market opportunities. The market is also experiencing growth due to the aging population and increasing death rates in several regions, further contributing to the demand for cremation services and associated products.
Opportunity analysis indicates significant potential in emerging markets where cremation rates are rising. In regions with traditionally low cremation rates, growing awareness and evolving cultural practices are expected to drive market expansion. Moreover, advancements in cremation casket designs and materials, such as biodegradable options, are capturing the interest of environmentally-conscious consumers. The development of innovative and customizable casket solutions presents further opportunities for market players to differentiate themselves and address diverse consumer preferences in both developed and emerging markets.
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Batesville
Matthews International Corp
Thacker Caskets
Southern Cremations & Funerals
Sich Caskets
Victoriaville & Co.
Astral Industries
J.M. Hutton & Co.
Schuylkill Haven Casket Company
C J Boots Casket Company
Master Grave Service
York Casket Company
Casket Royale
Doric Products
Thacker Casket Manufacturing
Esser Casket Co
Southern Craft Manufacturing
New England Casket Co
Verplank Enterprises
Romark Industries Inc Freeman Metal Products
Florence Casket Company
Dignified Endings LLC
Reynoldsville Casket C
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Cremation Caskets Market
Men
Women
Based on Types the Market is categorized into Below types that held the largest Cremation Caskets market share In 2023.
Cardboard Cremation Caskets
Green Cremation Caskets
Jewish Caskets
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Cremation Caskets Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Cremation Caskets Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Cremation Caskets Market, By Type
6. Global Cremation Caskets Market, By Application
7. Global Cremation Caskets Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Cremation Caskets Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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