Global Burial Insurance Market Size & Outlook, 2022-2030
Global burial insurance market, 2018-2030 (US$M)
Related Markets
Global burial insurance market highlights
- The global burial insurance market generated a revenue of USD 259.7 million in 2022 and is expected to reach USD 416.1 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 6.1% by 2030.
- In terms of segment, modified or graded death benefit accounted for a revenue of USD 118.8 million in 2022.
- Level Death Benefit is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 259.7 million |
| Market revenue in 2030 | USD 416.1 million |
| Growth rate | 6.1% (CAGR from 2022 to 2030) |
| Largest segment | Modified or graded death benefit |
| Fastest growing segment | Level Death Benefit |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Level Death Benefit, Guaranteed Acceptance, Modified or Graded Death Benefit |
Other key industry trends
- In terms of revenue, the North America accounted for 39.5% of the global burial insurance market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 92.6 million by 2030.
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Burial Insurance Market Scope
Burial Insurance Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global burial insurance 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 burial insurance market will help companies and investors design strategic landscapes.
Modified or graded death benefit was the largest segment with a revenue share of 45.75% in 2022. Horizon Databook has segmented the Global burial insurance market based on level death benefit, guaranteed acceptance, modified or graded death benefit covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Burial Insurance Type Outlook (Revenue, USD Million, 2018-2030)
- Level Death Benefit
- Guaranteed Acceptance
- Modified or Graded Death Benefit
- Global Burial Insurance End Use Outlook (Revenue, USD Million, 2018-2030)
- Over 50
- Over 60
- Over 70
- Over 80
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Target buyers of Global burial insurance market databook
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Our clientele includes a mix of burial insurance market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global burial insurance market , including forecasts for subscribers. This global databook contains high-level insights into Global burial insurance market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global burial insurance market size, by regions, 2018-2030 (US$M)
Top 10 countries: Burial insurance market size, 2022 (US$M)
Global burial insurance market share, by type, 2022 & 2030 (%, US$M)
Burial insurance market: Opportunity assessment by country
Global burial insurance market, by region, 2022 (US$M)
Related regional statistics
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