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Burial Caskets Market, Global Outlook and Forecast 2024-2030

Burial Caskets Market, Global Outlook and Forecast 2024-2030

  • Published on : 21 November 2024
  • Pages :171
  • Report Code:SMR-8019386

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Report overview

The global Burial Caskets market size was valued at US$ 3.45 billion in 2024 and is projected to reach US$ 4.56 billion by 2030, at a CAGR of 4.8% during the forecast period 2024-2030.
The United States Burial Caskets market size was valued at US$ 1.23 billion in 2024 and is projected to reach US$ 1.56 billion by 2030, at a CAGR of 4.2% during the forecast period 2024-2030.
Burial Caskets are containers designed for the burial of deceased individuals, available in various materials, styles, and price points to meet different cultural and personal preferences.
The global market is growing steadily, influenced by demographic trends and changing funeral practices. In 2023, unit sales reached 4.5 million globally, with metal caskets accounting for 55% of revenue. The market saw a 15% increase in eco-friendly material adoption in 2023. Traditional metal caskets dominate with a 60% market share, while wooden caskets are growing at 6% annually. North America leads with a 45% market share, while Asia Pacific is the fastest-growing region at 5.5% CAGR. The industry is focusing on developing sustainable materials, with a 20% growth in R&D investments for biodegradable options.
Report Overview A caskets is a funerary box used for viewing or keeping a corpse, either for burial or cremation. This report provides a deep insight into the global Caskets market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc. The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Caskets Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market. In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Caskets market in any manner. Global Caskets Market: Market Segmentation Analysis The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments. Key Company Batesville Matthews International Corp Thacker Caskets Southern Cremations & Funerals Sich Caskets Victoriaville & Co. Astral Industries The Clark Grave Vault Company 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 Company Inc Casket Shells Incorporated Genesis International Miller Casket Company Wilson Metal Casket Co Northwestern Casket Company Market Segmentation (by Type) Veneer Wood Casket Cremation Casket Solid Wood Casket Metal Caskets Market Segmentation (by Application) Burial Cremation Geographic Segmentation