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Funeral Activities in Germany - Market Research Report (2014-2029)

Melanie Katz Melanie Katz Frankfurt, Germany Last Updated: October 2024 WZ S96.03DE

Revenue

€2.4bn

2024

€2.4bn

Past 5-Year Growth

Profit

€XXX.Xm

Employees

29,443

Businesses

4,670

Wages

€XXX.Xm

Funeral Activities in Germany industry analysis

The funeral industry comprises undertakers, crematoria and cemeteries. Although the services provided by the industry players can differ greatly from one another, the demand for all services in the industry is dependent on the number of deaths. The decreasing importance of religion as well as the increasing mobility of relatives and the desire for individuality after death are the main drivers of new trends in the funeral industry. The increasing demand for cremations and alternative types of burial has different consequences for the various types of industry participants; turnover in the funeral sector has grown by an average of 2.1% per year since 2019. In 2020, the coronavirus crisis contributed to an increase in the number of deaths, which was reflected in the industry's revenue growth. In the current year, IBISWorld expects turnover to grow by 1.5% to 2.4 billion euros. < />An increasing number of deaths has a positive effect on demand for the services of the funeral industry, as industry participants offer their services on the occasion of deaths. The level of financial expenditure on funerals, on the other hand, is primarily dependent on the development of household income. With a higher income, consumers have more financial resources available to spend on their own funeral or the burial of relatives. Although net household income has risen steadily over the last five years, demand for cremation burials in particular, which are a significantly cheaper alternative to traditional burials, has increased. In addition to trends such as cremation and natural burial, other factors influencing demand for the industry's services are the level of healthcare expenditure and the age structure of the population, both of which have tended to increase in recent years. < />In the period from 2024 to 2029, turnover in the funeral industry is expected to grow by an average of 0.9% per year and reach 2.5 billion euros in 2029. Industry turnover and the number of industry players are likely to remain stable, as there is no alternative to the industry's services and the number of deaths is expected to stagnate in the future as well.

Trends and Insights

  • Urnal graves are becoming increasingly popular with consumers as they require less maintenance than traditional coffin graves. However, funeral directors also generate lower sales with urn graves.
  • Family graves are being rented less and less. Fewer and fewer families live in one place for several generations, and relatives often live too far away to take care of the grave.
  • The demand for funeral services is highest in the centre region. The reason for this is the high population, which also means that the number of deaths is highest there.
  • Funeral directors compete with each other primarily on the quality of their services and their reputation. The price of the services is of secondary importance.

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  • Market estimates from 2014-2029
  • Critical performance data and rankings
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has grown at a CAGR of 2.1 % over the past five years, to reach an estimated €2.4bn in 2024.

Trends and Insights

Social changes are responsible for the increasing demand for cremations

  • In southern Germany, burial in the ground is still the most popular type of burial, as the Christian religion and the associated rituals still play an important role here. In Germany as a whole, however, around 66% of the deceased are cremated.
  • Additional trends and insights available with purchase
Funeral Activities in Germany
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to grow over the next five years.

Trends and Insights

The strict requirements of the Funeral Act stabilise the industry's turnover

  • The number of deaths determines the demand for the sector's services, as Germany's cemetery regulations, which are laid down in the Burial Act, mean that the ashes or bodies of the deceased may not be buried outside of cemeteries.

Biggest companies in the Funeral Activities in Germany

Company
Market Share (%)
2024
Revenue (€m)
2024
Ahorn AG
94.1
FriedWald GmbH
49.7
Rhein-Taunus-Krematorium GmbH
15.8

To view the market share and analysis for all 3 top companies in this industry, view purchase options.

Products & Services Segmentation

Funeral Activities in Germany
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Cremations, Burials and Other funeral services. Cremations is the largest segment of the Funeral Activities in Germany.

Trends and Insights

Lower costs and less maintenance increase the popularity of cremations

  • In cremation, the body and coffin are cremated in a special oven at temperatures between 900 °C and 1,200 °C and then buried in an urn grave in a cemetery or a designated natural area.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

The industry players cremate or bury deceased people and animals. In addition, other services are also provided in connection with funerals. Companies in the funeral industry include funeral homes, which organise and carry out funerals, as well as mortuaries, crematoriums and cemeteries.

What's included in this industry?

CremationsBurials

Companies

Ahorn AGFriedWald GmbHRhein-Taunus-Krematorium GmbH

Purchase this report to view all 3 major companies in this industry.

Related Terms

CREMATIONCREMATIONNATURAL BURIALTREE BURIALCOLUMBARIUM

Industry Code

WZ 2008

WZ 96.03 - Funeral Activities in Germany

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Urnal graves are becoming increasingly popular with consumers as they require less maintenance than traditional coffin graves. However, funeral directors also generate lower ...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Family graves are being rented less and less. Fewer and fewer families live in one place for several generations, and relatives often live too far away to take care of the gr...

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

The demand for funeral services is highest in the centre region. The reason for this is the high population, which also means that the number of deaths is highest there.

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

Detailed analysis

  • Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

Funeral directors compete with each other primarily on the quality of their services and their reputation. The price of the services is of secondary importance.

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

There are no major players in the industry. Most funeral directors are small family businesses that only operate in their local area.

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024
  • Overview of Ahorn AG's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of FriedWald GmbH's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Rhein-Taunus-Krematorium GmbH's performance by revenue, market share and profit margin from 2018 through 2024

Detailed analysis

  • Description and key data for Ahorn AG, and factors influencing its performance in the industry
  • Description and key data for FriedWald GmbH, and factors influencing its performance in the industry
  • Description and key data for Rhein-Taunus-Krematorium GmbH, and factors influencing its performance in the industry

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

In Germany, the treatment of the deceased and burial are very strictly regulated. Burial must take place in a cemetery.

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2014-2029) 
  • Assistance historical data and forecast (2014-2029) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

The profit varies greatly between the individual industry players. Crematoria are benefiting from the increasing demand for cremations, while cemeteries are struggling with d...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Funeral Activities industry in Germany in 2024?

The market size of the Funeral Activities industry in Germany is €2.4bn in 2024.

How many businesses are there in the Funeral Activities in Germany industry in 2024?

There are 4,670 businesses in the Funeral Activities industry in Germany, which has grown at a CAGR of 0.0 % between 2019 and 2024.

Has the Funeral Activities industry in Germany grown or declined over the past 5 years?

The market size of the Funeral Activities industry in Germany has been growing at a CAGR of 2.1 % between 2019 and 2024.

What is the forecast growth of the Funeral Activities industry in Germany over the next 5 years?

Over the next five years, the Funeral Activities industry in Germany is expected to grow.

What are the biggest companies in the Funeral Activities market in Germany?

The biggest companies operating in the Funeral Activities market in Germany are Ahorn AG, FriedWald GmbH and Rhein-Taunus-Krematorium GmbH

What does the Funeral Activities in Germany include?

Cremations and Burials are part of the Funeral Activities industry.

Which companies have the highest market share in the Funeral Activities in Germany?

The company holding the most market share in Germany is Ahorn AG.

How competitive is the Funeral Activities industry in Germany?

The level of competition is moderate and steady in the Funeral Activities industry in Germany.

Related Industries

Widen your competitive advantage with related industries

Competitors

  • There are no industries to display.

Complementors

  • Garden Centres in Germany
  • Landscaping Services in Germany

International industries

  • Funeral Homes in the US
  • Funeral Homes in Canada
  • Funeral Directors, Crematoria and Cemeteries in Australia
  • Funeral, Crematorium and Cemetery Services in New Zealand
  • Funeral Activities in the UK

View all industries in Germany

Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in Germany include:

  • German Federal Statistics Office (Destatis)
  • European Statistics Office (Eurostat)
  • United Nations Comtrade

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

Learn more about our methodology and data sourcing on the Help Center.