Global Mortuary Bags Market Size & Outlook, 2020-2027
Global mortuary bags market, 2016-2027 (US$M)
Related Markets
Global mortuary bags market highlights
- The global mortuary bags market generated a revenue of USD 1,189.4 million in 2020 and is expected to reach USD 1,788.7 million by 2027.
- The market is expected to grow at a CAGR (2021 - 2027) of 6% by 2027.
- In terms of segment, polyethylene accounted for a revenue of USD 411.9 million in 2020.
- PVC is the most lucrative raw material segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2020.
- Country-wise, UK is expected to register the highest CAGR from 2021 to 2027.
Global data book summary
| Market revenue in 2020 | USD 1,189.4 million |
| Market revenue in 2027 | USD 1,788.7 million |
| Growth rate | 6% (CAGR from 2020 to 2027) |
| Largest segment | Polyethylene |
| Fastest growing segment | PVC |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PVC, Polyethylene, Nylon, Polyester |
Other key industry trends
- In terms of revenue, the North America accounted for 16.0% of the global mortuary bags market in 2020.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, UK is the fastest growing regional market and is projected to reach USD 60.4 million by 2027.
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Mortuary Bags Market Scope
Mortuary Bags Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global mortuary bags 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 mortuary bags market will help companies and investors design strategic landscapes.
Polyethylene was the largest segment with a revenue share of 34.63% in 2020. Horizon Databook has segmented the Global mortuary bags market based on pvc, polyethylene, nylon, polyester covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Mortuary Bags Raw Material Outlook (Revenue, USD Million, 2016-2027)
- PVC
- Polyethylene
- Nylon
- Polyester
- Others
- Global Mortuary Bags Size Outlook (Revenue, USD Million, 2016-2027)
- Adult Bags
- Child/Infant Bags
- Heavy Duty and Bariatric Bags
- Global Mortuary Bags End Use Outlook (Revenue, USD Million, 2016-2027)
- Hospital
- Morgue
- Other
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Horizon Databook provides a detailed overview of global-level data and insights on the Global mortuary bags market, including forecasts for subscribers. This global databook contains high-level insights into Global mortuary bags market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Global mortuary bags market size, by regions, 2016-2027 (US$M)
Top 10 countries: Mortuary bags market size, 2020 (US$M)
Global mortuary bags market share, by raw material, 2020 & 2027 (%, US$M)
Mortuary bags market: Opportunity assessment by country
Global mortuary bags market, by region, 2020 (US$M)
| Raw Material | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 146.4 | 153.8 | 162.0 | 174.8 | 190.7 | 201.4 | 212.7 | 224.8 | 237.8 | 251.6 | 266.3 | 282.0 | 5.8% |
| Europe | 246.5 | 257.2 | 268.8 | 285.2 | 307.7 | 322.5 | 338.3 | 355.4 | 373.7 | 393.4 | 414.5 | 437.3 | 5.2% |
| Asia Pacific | 359.9 | 380.4 | 402.9 | 434.7 | 469.9 | 499.6 | 531.7 | 566.6 | 604.6 | 645.9 | 690.9 | 739.9 | 6.7% |
| Latin America | 123.0 | 129.9 | 137.3 | 146.2 | 157.8 | 166.9 | 176.7 | 187.1 | 198.3 | 210.1 | 222.9 | 236.5 | 6.0% |
| MEA | 50.4 | 53.0 | 55.9 | 59.2 | 63.3 | 66.9 | 70.6 | 74.6 | 78.8 | 83.3 | 88.0 | 93.0 | 5.7% |
| Overall | 926.1 | 974.4 | 1,026.9 | 1,100.1 | 1,189.4 | 1,257.2 | 1,330.1 | 1,408.5 | 1,493.1 | 1,584.2 | 1,682.6 | 1,788.7 | 6.0% |
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