Green Funerals Market: A Deep Dive into the Industry's Key Applications and Technologies
The latest market intelligence report, titled ‘Global Green Funerals Market’, is intended to provide the target audience with the necessary information about the global Green Funerals Market industry. The report comprises a detailed analysis of the vital elements of the Green Funerals Market, including key drivers, constraints, opportunities, limitations, threats, and micro-and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Green Funerals Market dynamic that helps market analysts estimate the global market growth rate over the projected timeline.
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.
The report considers COVID-19 as a key contributor of the dynamically altered market scenario. The report covers a comprehensive impact analysis of the global health crisis on the overall growth of the market. Furthermore, the report covers the current and future impact of the COVID-19 crisis on the market and its key segments.
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 players in the market 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.
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The report further covers comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a complete understanding of the competitive landscape and scenario of each market player. The report also provides an in-depth analysis of the applications and product types offered in the market.
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
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Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Regional Outlook of Green Funerals Market:
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
Italy
France
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
U.A.E.
South Africa
Rest of MEA
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?
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