What is the current market size and future outlook for the pet funeral services market?
The pet funeral services market size has grown rapidly in recent years. It will grow from $1.65 billion in 2024 to $1.83 billion in 2025 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to increased pet ownership, humanization of pets, growing awareness and acceptance, a shift towards personalization, and rising pet expenditure.
The pet funeral services market size is expected to see rapid growth in the next few years. It will grow to $2.76 billion in 2029 at a compound annual growth rate (CAGR) of 10.9%. The growth in the forecast period can be attributed to the growing humanization of pets, expansion of service offerings, increasing regulations and standards for pet cremation, growing acceptance of pet funerals, and rising disposable income. Major trends in the forecast period include the integration of advanced cremation technologies, water-based cremation methods, online memorial services, virtual memorialization options, and automated scheduling systems.
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How has the pet funeral services market evolved, and what factors have shaped its growth?
Increasing pet companionship rates is expected to propel the growth of the pet funeral services market going forward. Pet companionship rates refer to the frequency or proportion of households or individuals who own and care for pets, reflecting the growing prevalence of pet ownership and human-animal bonds. Increasing pet companionship rates are driven by factors such as growing awareness of the emotional and psychological benefits of pet ownership, urbanization, and a rise in single-person households seeking companionship. Pet funeral services provide emotional support and closure for pet owners, helping them honor and memorialize their pets. For instance, in June 2024, according to a report of The People’s Dispensary for Sick Animals, a UK-based veterinary charity, the UK is projected to have approximately 10.6 million pet dogs, up from 9.6 million in 2021. Therefore, the increasing pet companionship rates will drive the growth of the pet funeral services market.
What are the major segments of the pet funeral services market?
The pet funeral services market covered in this report is segmented –
1) By Type: Indoor, Outdoor
2) By Service Type: Burial, Cremation, Communal, Partitioned, Private
3) By Pet Type: Dogs, Cats, Other Pet Types
Subsegments:
1) By Indoor: Cremation Services, Indoor Memorial Services, Pet Viewing Rooms, Indoor Burial Services, Grief Counseling And Support Services
2) By Outdoor: Outdoor Burial Services, Scatter Garden Services, Memorial Tree Planting, Pet Burial Markers and Memorial Stones, Outdoor Pet Cremation and Scatter Services, Nature-Based Memorial Services
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Which companies dominate the pet funeral services market?
Major companies operating in the pet funeral services market are CVS Group plc, Anima Care, Lap of Love Veterinary Hospice, Gateway Pet Memorial Services, Vetspeed Ltd., Final Gift Pet Memorial Center, Petland Cemetery Inc., Regency, Pets in Peace, Precious Pets Crematory, Constant Companion Pet Crematorium, Newhaven Funerals, Paws to Heaven Pet Crematory, Midwest Cremation Service, Sarasota Pet Crematory, Okanagan Pet Cremation, Precious Pet Cemetery, Dignity Pet Crematorium, High Peak Pet Funeral Services, Pets At Peace, Pets Remembered, Faithful Friends Pet Cremation Services
How will evolving trends contribute to the growth of the pet funeral services market?
Major companies operating in the pet funeral services market are focusing on green and eco-friendly options such as aquamation to meet growing consumer demand for sustainable and environmentally responsible end-of-life solutions. Aquamation is an environmentally friendly method of body disposition that uses water, alkali, and heat to break down the body into its basic components, offering a sustainable alternative to traditional cremation and burial. For instance, in March 2023, The Green Mortician, a Singapore-based pet funeral service provider, launched Singapore’s first pet aquamation service, offering a sustainable alternative to traditional cremation. This method, also known as alkaline hydrolysis, utilizes heated water and alkaline chemicals to decompose the body, achieving natural breakdown with approximately 90% less energy and no harmful emissions. With a carbon footprint significantly lower than traditional methods, aquamation consumes about 800 liters of water per cycle, equivalent to the daily usage of a household of five.
What are the key regional dynamics of the pet funeral services market, and which region leads in market share?
North America was the largest region in the pet funeral services market in 2024. The regions covered in the pet funeral services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Pet Funeral Services Market Report 2025 Offer?
The pet funeral services market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Pet funeral services provide comprehensive care for the remains of deceased pets, including options for burial, cremation, and memorialization. These services often include arranging ceremonies, providing personalized memorial items, and handling the logistics of transporting and preparing the pet’s remains. They offer a compassionate way for pet owners to honor and remember their beloved animals.
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