Pet Funeral Services Market - By Pet Type (Dogs, Cats), By Service Type (Burial, Cremation [Communal, Partitioned, Private]) – Global Forecast (2024 – 2032)

Published Date: July - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Animal Health and Nutrition | Format: Report available in PDF / Excel Format

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Pet Funeral Services Market - By Pet Type (Dogs, Cats), By Service Type (Burial, Cremation [Communal, Partitioned, Private]) – Global Forecast (2024 – 2032)

Pet Funeral Services Market Size

Pet Funeral Services Market size was valued at around USD 1.7 billion in 2023 and is estimated to grow at 10.5% CAGR from 2024 to 2032. Pet funeral services provide a way for pet owners to commemorate and honor the lives of their beloved animal companions after they pass away. These services offer various options for pet owners to memorialize their pets and cope with the grief of losing a cherished family member.

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Losing a beloved pet can be an incredibly painful experience. Pet funeral services offer a way for pet owners to navigate this difficult time with compassion and care. These services can help you say goodbye and find closure after losing your furry friend. They offer a variety of options to honor and remember your pet, from burial services to memorial keepsakes. As our bonds with our pets grow stronger, and as our attitudes towards pet loss shift, the demand for these services is growing. More and more people are choosing to give their pets a dignified and meaningful end-of-life experience, just like they would for a human family member. This trend is expected to continue as pet ownership increases and societal attitudes towards animals evolve. So, expect to see more options and innovations in pet funeral services in the future, helping ease the pain of losing a beloved companion.

According to a report by HealthforAnimals, there was a notable surge in pet ownership, witnessing a 113% increase from 2014 to 2019. Moreover, experts project that by 2024, China will emerge as the global leader in pet ownership, surpassing other nations. This trend towards pet humanization is anticipated to significantly bolster market expansion over the forecast period.
 

Pet Funeral Services Market Report Attributes
Report Attribute Details
Base Year 2023
Pet Funeral Services Market Size in 2023 USD 1.7 Billion
Forecast Period 2024 to 2032
Forecast Period 2024 to 2032 CAGR 10.5%
2032 Value Projection USD 4.2 Billion
Historical Data for 2021 - 2023
No. of Pages 170
Tables, Charts & Figures 156
Segments covered Pet Type, Service Type, and Region
Growth Drivers
  • Increased expenditure on pets
  • Rising expansion of pet service offerings
  • Rising pet humanization
  • Increasing adoption of subscription-based pet services
Pitfalls & Challenges
  • Rising pet care costs
  • Concerns pertaining to pet abandonment

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Pet Funeral Services Market Trends

  • The market is witnessing notable trends that reflect the evolving relationship between pet owners and their animal companions. As pet ownership continues to rise globally, there is a growing demand for specialized services to commemorate the lives of beloved pets. One prominent trend is the humanization of pets, whereby animals are increasingly viewed as integral members of the family. This shift in perspective has led to a greater willingness among pet owners to invest in end-of-life care and memorialization services for their pets.
  • Additionally, advancements in veterinary services, which was valued at USD 86.8 billion in 2021, and pet care have contributed to longer lifespans for many companion animals, resulting in increased demand for end-of-life support and grief counseling services.
  • Furthermore, as societal attitudes towards grief and mourning evolve, there is greater acceptance of pet funeral services as a legitimate means of coping with pet loss. These trends are expected to drive continued growth and innovation in the market, with an emphasis on personalized and meaningful tributes to honor the memory of cherished pets.

Pet Funeral Services Market Analysis

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Based on pet type, the market is segmented into dogs, cats, and other pets. The dogs segment of the market is forecasted to reach USD 2.2 billion by 2032.

  • The increasing prevalence of dogs as household pets, coupled with the growing humanization of pets, rising disposable income, technological advancements, and increased awareness and education, are key drivers shaping the market. These drivers contribute to the market's growth and evolution, as pet owners seek meaningful ways to honor and celebrate the lives of their canine companions.
  • Furthermore, the strong emotional bond between dogs and their owners influences the decision-making process regarding end-of-life care and memorialization. Pet owners often seek out pet funeral services to provide a dignified farewell for their beloved canine companions, reflecting the depth of the bond and the desire to honor their loyalty and companionship.

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Based on service type, the pet funeral services market is bifurcated into burial and cremation. The cremation segment accounted for USD 1.3 billion in 2023.

  • There has been a shift in cultural attitudes towards pet cremation, with an increasing number of pet owners viewing it as a dignified and respectful way to handle their pets' remains. As pets are increasingly considered members of the family, pet owners seek options that provide a sense of closure and honor their pets' memory, driving the demand for pet cremation services.
  • Urbanization and limited availability of burial space have led to a preference for pet cremation, especially in densely populated areas where traditional burial may not be feasible or practical. Cremation offers a space-saving alternative that allows pet owners to retain their pets' ashes or scatter them in meaningful locations.
  • Pet cremation services often offer a range of customization options, allowing pet owners to personalize the cremation process and memorialization of their pets. This may include choosing between individual or communal cremation, selecting urns or containers, and arranging personalized memorial services or ceremonies tailored to the pet owner's preferences. These factors are expected to boost the segment growth over the forecast period.

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The U.S. pet funeral services market is forecasted to reach USD 1.1 billion by 2032, driven by a combination of technological advancements, regulatory compliance, patient safety concerns, and operational efficiency needs. According to the 2023 report by the World Animal Foundation, the annual adoption rate of dogs and cats in the U.S. ranges from approximately 3.5 to 4.1 million, demonstrating a consistent upward trend in pet ownership. This pattern is notably accentuated during the COVID-19 pandemic, with nearly one in five households opting to adopt pets.

  • The U.S. has one of the highest rates of pet ownership globally, with millions of households keeping pets as beloved companions. As pets are increasingly regarded as members of the family, there is a growing demand for specialized services to honour and memorialize their lives, including pet funeral services.
  • Furthermore, economic factors such as rising disposable income and increased spending on pet-related products and services also contribute to the growth of the market in the U.S. Pet owners are increasingly willing to invest in personalized and meaningful tributes to celebrate their pets' lives and legacies, thereby driving market expansion.

The pet funeral services market in UK is expected to experience significant and promising growth from 2024 to 2032.

  • Regulatory changes and legal recognition of pets as sentient beings have influenced the development of pet funeral services and associated regulations in the UK. Compliance with regulatory standards is essential for pet funeral service providers to operate legally and ethically, ensuring that pet owners receive high-quality and compassionate care for their pets during the end-of-life process.
  • Additionally, increased awareness of pet funeral services and their benefits has led to greater adoption among pet owners in the UK. Education and outreach efforts by pet funeral service providers, veterinary clinics, and pet-related organizations play a crucial role in informing pet owners about their options for end-of-life care and memorialization, driving market growth, thereby boosting the growth of the market in the region.

Japan pet funeral services market is anticipated to witness lucrative growth between 2024 – 2032.

  • Urbanization and limited availability of burial space in densely populated cities like Tokyo have led to a preference for pet cremation over traditional burial methods. Cremation services offer a space-saving alternative that allows pet owners to retain their pets' ashes or scatter them in meaningful locations, reflecting the practical considerations of urban living in Japan.
  • Furthermore, Japan has an aging population, with many elderly individuals living alone or with fewer family members. As a result, pets often play a significant role in providing companionship and emotional support to their owners, leading to an increased demand for services that address the unique needs of pet owners in Japan, including end-of-life care and memorialization, thereby boosting market growth in the region.

The pet funeral services market in Saudi Arabia is expected to experience significant and promising growth from 2024 to 2032.

  • In Saudi Arabia, pets are often considered cherished companions and valued members of the family, particularly among urban households. Islamic teachings emphasize compassion towards animals, contributing to the cultural significance of pets and influencing the demand for specialized services to honor and memorialize their lives, including pet funeral services.
  • Additionally, rapid urbanization and lifestyle changes in Saudi Arabia have led to an increasing number of households with pets, particularly in urban centers. As more people embrace pet ownership, there is a growing demand for services that address the unique needs of pet owners, including end-of-life care and memorialization. Thereby accelerating the growth of the market in the region.

Pet Funeral Services Market Share

In today's world, people love their pets more than ever before. They see them as part of the family, and they want to give them the best possible care, even after they're gone. This is why the pet funeral industry is booming. As more and more people adopt pets, the demand for pet funeral services is growing. And because pet parents want to give their furry friends a special send-off, they're looking for unique and personalized services. For example, some pet owners choose to cremate their beloved companions and keep their ashes in an urn. Others create personalized memorials, like paw print jewelry or photo albums. And some even seek out grief support to help them cope with the loss of their pet. The pet funeral industry is here to help pet owners say goodbye to their furry friends in a way that's meaningful and special.

Pet Funeral Services Market Companies

Some of the eminent market participants operating in the pet funeral services industry include

  • Anima Care
  • CVS Group
  • Constant Companion Pet Crematorium
  • Dignity Pet Crematorium
  • High Peak Pet Funeral Services
  • Midwest Cremation Service
  • Newhaven Funerals
  • Okanagan Pet Cremation
  • Pets in Peace
  • PRECIOUS PETS CREMATORY
  • Precious Pet Cemetery
  • Pets At Peace
  • Paws to Heaven Pet Crematory
  • Pet Cremation Services
  • Regency
  • Sarasota Pet Crematory
  • Veternity
  • Vetspeed Ltd.

Pet Funeral Services Industry News

  • In March 2021, VetPartners announced the acquisition of Pet Cremation Services. Headquartered in Guilsborough, Northamptonshire, Pet Cremation Services (PCS) offered cremation services to the clientele of veterinary practices across the UK. The company collaborated directly with grieving pet owners, facilitating their attendance during the cremation process.

The pet funeral services market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 – 2032 for the following segments

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Market, By Pet Type

 

  • Dogs
  • Cats
  • Other pets

Market, By Service Type

  • Burial
  • Cremation 
    • Communal
    • Partitioned
    • Private

The above information is provided for the following regions and countries

  • North America 
    • U.S.
    • Canada 
  • Europe 
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Netherlands
    • Rest of Europe 
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific 
  • Latin America 
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America 
  • Middle East and Africa 
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East and Africa

 

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