Green Funerals Market: An In-Depth Look at the Present Situation and Analysis Report for the Year 2030

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Green Funerals Market Forecast to 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.

The market size, revenue growth, and CAGR from 2022 to 2030 are all addressed in the Green Funerals Market Analysis. The research also gives significant insights into the top market players, including SWOT analysis, Porter's Five Forces analysis, and feasibility analysis, to give readers a competitive edge. The study focuses on the current epidemic's most recent trends, major challenges, opportunities, and limitations.

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 global Green Funerals market report employs an extremely extensive and perceptive process that analyzes statistical data relating to services and products offered in the market. The research study is a pivotal document in understanding the needs and wants of the clients. The report is comprised of significant data about the leading companies and their marketing strategies. The Green Funerals industry is witnessing an expansion and change of dynamics owing to the entry of several new players.

The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

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

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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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The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.

Regional Analysis Covers:

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)

Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.

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