China Funeral And Cremation Services Market Size & Outlook
The funeral and cremation services market in China is expected to reach a projected revenue of US$ 6,049.4 million by 2030. A compound annual growth rate of 6.3% is expected of China funeral and cremation services market from 2025 to 2030.
Revenue, 2024 (US$M)
$4,294.4
Forecast, 2030 (US$M)
$6,049.4
CAGR, 2025 - 2030
6.3%
Report Coverage
China
China Funeral And Cremation Services Market, 2018-2030 (US$M)
Global Market
Related Markets
China funeral and cremation services market highlights
- The China funeral and cremation services market generated a revenue of USD 4,294.4 million in 2024 and is expected to reach USD 6,049.4 million by 2030.
- The China market is expected to grow at a CAGR of 6.3% from 2025 to 2030.
- In terms of segment, funeral homes/directors/crematorium was the largest revenue generating services in 2024.
- Funeral Homes/Directors/Crematorium is the most lucrative services segment registering the fastest growth during the forecast period.
Funeral and cremation services market data book summary
| Market revenue in 2024 | USD 4,294.4 million |
| Market revenue in 2030 | USD 6,049.4 million |
| Growth rate | 6.3% (CAGR from 2025 to 2030) |
| Largest segment | Funeral homes/directors/crematorium |
| Fastest growing segment | Funeral Homes/Directors/Crematorium |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Funeral Homes/Directors/Crematorium, Funeral Services |
Other key industry trends
- In terms of revenue, China accounted for 6.1% of the global funeral and cremation services market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China funeral and cremation services market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,372.7 million by 2030.
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Publish Date: Dec 10, 2024
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Funeral And Cremation Services Market Scope
Funeral And Cremation Services Market segmentation & scope
Funeral And Cremation Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Service Corp International | View profile | 24,922 | 1929 Allen Parkway, Houston, TX, United States, 77019 | www.sci-corp.com |
| Funeral Services | View profile | 11-50 | Tallahassee, Florida, United States, North America | www.fsitrust.com/ |
| Rituals | View profile | 1-10 | New York, New York, United States, North America | rituals.ashiholding.com/ |
| StoneMor Partners | View profile | 1001-5000 | Levittown, Pennsylvania, United States, North America | www.stonemor.com/ |
| Carriage Services | View profile | 5001-10000 | Houston, Texas, United States, North America | carriageservices.com |
| Arbor Memorial | View profile | 501-1000 | Toronto, Ontario, Canada, North America | arbormemorial.com |
| InvoCare Australia Pty Ltd | View profile | 1001-5000 | North Sydney, New South Wales, Australia, Oceania | www.invocare.com.au/ |
| Nirvana Asia | View profile | 1-10 | Kuala Lumpur, Kuala Lumpur, Malaysia, Asia | nirvana-asia-ltd.com/ |
| Dignity Plc | View profile | 1001-5000 | Sutton Coldfield, Birmingham, United Kingdom, Europe | www.dignityfunerals.co.uk/ |
| AMAR International | View profile | 11-50 | Bangkok, Krung Thep, Thailand, Asia | www.amarinternational.com/ |
China Funeral And Cremation Services Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Funeral And Cremation Services Market Outlook will help companies and investors design strategic landscapes.
Funeral Homes/Directors/Crematorium was the largest segment with a revenue share of 63.21% in 2024.
Horizon Databook has segmented the China funeral and cremation services market based on funeral homes/directors/crematorium, funeral services covering the revenue growth of each sub-segment from 2018 to 2030.
- China Funeral And Cremation Services Market Services Outlook (Revenue, USD Million , 2018-2030)
- Funeral Homes/Directors/Crematorium
- Funeral Services
- China Funeral And Cremation Services Market Payment Model Outlook (Revenue, USD Million , 2018-2030)
- Pre-paid Funeral Plans
- At-need Funeral Services
- China Funeral And Cremation Services Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- Online
- Offline
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Horizon Databook provides a detailed overview of country-level data and insights on the China Funeral And Cremation Services Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Funeral And Cremation Services Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
China Funeral And Cremation Services Market, 2018-2030 (US$M)
China funeral and cremation services market statistics, by services, 2018-2030 (US$M)
