Europe Funeral Homes and Services Market: Trends, Insights, and Forecasts 2030
The Europe funeral homes and services market is anticipated to reach USD 23.72 billion by 2030 and expand at a CAGR of 5.52% during the forecast period, according to a new report by Grand View Research, Inc. The growth is attributed to the increasing digital transformation with evolving consumer expectations. This shift impacts how funeral services are offered and managed. Moreover, the rising demand for funeral planning significantly drives the market. The rising demand for funeral planning is significantly driving the growth of the market as populations in European countries continue to age, the death rate is gradually increasing, resulting in a growing need for end-of-life services. Furthermore, the cultural shift towards pre-arranged funerals, where individuals or families plan their services, is gaining popularity due to its emotional and financial benefits. These plans allow families to manage costs, avoid last-minute decisions, and ensure the deceased's wishes ...