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The funeral market - United Kingdom

An analysis with all the essential information for a clear, complete and quantified view of this market.

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Study Overview

The funeral market includes all services that can be used at the time of death of a person. These are:

direct services of the funeral director: these services include the provision of the coffin or urn (depending on the choice of cremation or burial), the transfer of the body and the hygienic care of the deceased. Funeral directors can also take care of administrative procedures such as applying for a death certificate or deregistration with health insurance companies, etc. take over. outside services such as the florist or placement of the obituary. Cemetery fees are also included in funeral expenses.

Due to the increase in deaths as a result of the Covid 19 pandemic and price increases by industry participants due to cost, industry revenue grew 6.1% globally in 2020. As baby boom generations age, the average mortality rate in developed countries is rising. United Kingdom is no exception, with the average mortality rate increasing from 9.17 to 9.46 per 1,000 population between 2011 and 2020 [Macrotrends], contributing to the development of the funeral market. Demographic change is a positive effect for the funeral market. In particular, in 2022, the U.K. experienced one of the highest mortality rates since World War II, despite the end of the acute pandemic phase. The exact causes are unclear, but possible factors could be problems in the UK healthcare system. The U.K. market shows wide variation by provider, type of funeral, choice of ceremony, or region. The industry is highly fragmented, with a variety of companies offering funeral services. These range from small, local businesses to larger companies that operate nationally.

Key takeaways

Growth and sector challenges
Demand analysis
Market structure and organization
Supply and pricing analysis
Player segmentation
Latest trends and innovations

Methodology

Our methodology

Our method combines human expertise and a large corpus of sources, including exclusive and private data, for optimal understanding of the sector

Broad source base

• National, international, and private databases
• Professional press and polling institutes
• Industry reports, company financial statements...

Exclusive data

• Indexpresse sectoral database
• Preferred Brands database
• Expert interviews and proprietary indicators

Human expertise

• Experienced research analysts
• Know-how developed through 1500+ studies
• In-depth and rigorous analysis

Visual and actionable reports

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• Downloadable data
• Link to original sources

Contents

Sommaire

1. Market overview
- 1.1 Scope of the study
- 1.2 The global funeral market
- 1.3 The development of the British funeral market
2. Application analysis
- 2.1 Demographic change
- 2.2 Mortality in England
- 2.3 A change in demand
3. Market structure
- 3.1 Rather localized demand
- 3.2 Value chain
- 3.3 Price structure of the industry
4. Offer analysis
- 4.1 Number of crematoria and funeral homes in Great Britain
- 4.2 Players on the market
- 4.3 Innovative services conquer the funeral market
5. Regulations
- 5.1 Regulations in UK