Global Green Funerals Market Forecast to 2030
The "Global Green Funerals Market" research by Emergen Research is a thorough compilation of analytical data regarding the Green Funerals sector. The research contains a market segmentation for Green Funerals as well as a thorough evaluation of the market's size (both in terms of volume and value). The study analyzes the present Green Funerals Market and provides a detailed prediction for the years 2022–2030.
The global green funeral market size reached USD 571.54 Million in 2021 and is expected to register a revenue CAGR of 8.7% during the forecast period, according to the latest analysis by Emergen Research. Rapidly increasing global populations, emerging new technologies and burial methods for green funerals, rising air pollution and climate change, as well as a global shift toward more environmentally friendly funerals from traditional funeral alternatives, are some key factors driving market revenue growth.
Green funerals are gaining popularity in the funeral industry due to the emergence of new and more environmentally friendly burial and cremation methods. Green funerals are becoming more popular as a result of factors such as simplicity of method, lower cost, and contribution to environmental conservation. The increasing elderly population with severe comorbidities and rising consumer awareness regarding eco-friendly burials and cremation methods are key factors driving revenue growth in the market. Funerals and cremations in the traditional sense are energy-intensive and harmful for the environment. Cremation requires fossil fuel or gas to maintain high temperatures for several hours and emits carbon dioxide (CO2) gas and toxic pollutants such as mercury vapor, sulfur dioxide, hydrogen chloride gas, and hydrogen fluoride. According to a study by the Cremation Association of North America, filtering cremation emissions had little influence on the pollutants emitted. In addition, crematory workers are also exposed to these pollutants, which, along with embalming fluid exposure, pose occupational issues. COPD, respiratory illnesses, and neurological disorders are more common in workers than in the general population. For instance, according to the Centers for Disease Control and Prevention (CDC), embalmers had a 13% higher death rate than the general population.
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Green Funerals market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
The Green Funeral Company, Recompose, Resomation Ltd., Eirene Cremations Inc., Natural Burial Company, Return Home, Solace Cremations, The Woodland Burial Company, Leach Son, Capsula Mundi
Research Report on the Green Funerals Market Addresses the Following Key Questions:
- Who are the dominant players of the Green Funerals market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Green Funerals market?
- What are the key growth drivers and restraining factors of the Green Funerals market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Green Funerals market and its key segments?
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Some Key Highlights From the Report
- Human composting segment accounted for largest revenue share in 2021. Rapid advancements and emerging trends in human composting methods and the presence of major companies in this field are key factors driving revenue growth of this segment. On 10 February 2021, The world's first full-service human-composting funeral home in the United States was established in Seattle, Washington. Recompose is a cutting-edge funeral service that transforms human remains into nutritious soil. This program allows citizens of Washington state and the neighboring areas to make a positive environmental impact both in life and in death. The 'recomposition' or natural organic reduction process, as the company describes it, is based on the classic concepts of natural or green burials, but it takes place inside the company's reusable, hexagonal Recomposition Vessels. Furthermore, different types of human compositing trends such as organic burial pods are driving the revenue growth of this segment rapidly, Organic burial pods were introduced by Capsula Mundi, which is an Italian company, as an alternative to coffins. It proposes the idea of organic burial pods, an environmentally beneficial way to turn a cemetery full of tombstones into a memorial. An organic burial pod is a biodegradable enclosure that a deceased person is buried in. The concept is to encase a body in a biodegradable burial capsule, which is subsequently planted in the soil with a seed or tree.
- Conservation burial grounds segment accounted for a significant revenue share in 2021. Increasing focus on reducing greenhouse gas emissions and conservation of natural resources are some of the key factors driving growth of the natural burial sites segment. Conservation burial is a type of natural burial that takes place on grounds protected by a certified conservation land trust, with conservation practices being employed to promote sustainable cemetery management while restoring and protecting the site's biological diversity. Carolina Memorial Sanctuary is one of nine Conservation Burial Grounds in the United States that have been authorized by the Green Burial Council. The Conservation Burial Alliance was created by members of existing conservation burial sites with the cooperation of a few select partners to help promote and develop conservation burial grounds.
- Market in North America accounted for the largest revenue share in 2021 This is attributed to key factors such as the rising number of green cemeteries in the United States and Canada as well as increasing number of government legislations in support of green burials and cremation methods such as water cremation and human composting. The Green Burial Council (GBC) had certified 287 green burial cemeteries in the United States and Canada as of 5 June 2020, as well as 231 GBC-certified funeral establishments and 11 product vendors.
Market Overview:
The report bifurcates the Green Funerals market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- Type Outlook (Revenue, USD Million; 2019-2030)
- Human Compositing
- Aquamation
- Others
- Natural Burial Sites Outlook (Revenue, USD Million; 2019-2030)
- Hybrid Cemeteries
- Woodland Burial Grounds
- Conservation Burial Grounds
- Others
- Regional Outlook (Revenue, USD Million; 2019–2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of MEA
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Regional Landscape section of the Green Funerals report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Green Funerals market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Green Funerals with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
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