Advances in Green Funerals : Understanding the Market and Its Potential

Increasing elderly population with severe comorbidities and emerging eco-friendly technologies and burial and funeral methods

The Global Green Funerals Market Research Report published by Emergen Research is furnished with the latest information about product specifications and portfolio, technological advancement, product type, and manufacturing. Major factors such as revenue, costs, and gross margin are taken into consideration while formulating this report. The report provides extensive data concerning the key market players along with their SWOT analysis, financial standing, technological and product development, and recent strategic business expansion plans.

The global green funerals market size reached USD 571.54 Million in 2021 and is expected to register a revenue CAGR of 8.7% during the forecast period. Rapidly increasing global population, emerging new technologies and burial methods for green funerals, rising air pollution and climate change, as well as global shift toward more environmentally friendly funerals from traditional funeral alternatives are some key factors driving market revenue growth.

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Green funerals are gaining popularity in the funeral industry due to the emergence of new and more environmentally friendly ways of burials and cremation methods. Green funerals are growing more popular as a result of factors such as simplicity of method, lower cost, and contribution to environmental conservation. Increasing elderly population with severe comorbidities and rising consumer awareness regarding eco-friendly burials and cremation methods are key factors driving revenue growth of 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.

Key Parameters Analyzed in This Section:

Company Profiles

Gross Revenue

Profit margins

Product sales trends

Product pricing

Industry Analysis

Sales distribution channels

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Competitive Terrain:

The global Green Funerals industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

Key participants include The Green Funeral Company, Recompose, Resomation Ltd., Eirene Cremations Inc., Natural Burial Company, Return Home, Solace Cremations, The Woodland Burial Company, Leach Son, and Capsula Mundi.

What Questions Should You Ask before Buying a Market Research Report?

How is the Green Funerals-market evolving?

What is driving and restraining the Green Funerals market?

How will each Green Funerals submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2030?

How will the market shares for each Green Funerals submarket develop from 2022 to 2030?

What will be the main driver for the overall market from 2022 to 2030?

Will leading Green Funerals markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?

How will the market shares of the national markets change by 2030 and which geographical region will lead the market in 2030?

Who are the leading players and what are their prospects over the forecast period?

What are the Green Funerals projects for these leading companies?

How will the industry evolve during the period between 2020 and 2030? What are the implications of Green Funerals projects taking place now and over the next 10 years?

Is there a greater need for product commercialisation to further scale the Green Funerals market?

Where is the Green Funerals-market heading and how can you ensure you are at the forefront of the market?

What are the best investment options for new product and service lines?

What are the key prospects for moving companies into a new growth path and C-suite?

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Emergen Research has segmented global green funerals market on the basis of type, natural burial sites, and region:

  • 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

Additional information offered by the report:

Along with a complete overview of the global Green Funerals market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.

The report elaborates on the global Green Funerals market size and share governed by the major geographies.

It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.

It further presents a detailed description of the company profiles of the key market contenders.

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