Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2,300 Million | USD 5,300 Million | 5.2% | 2023 |
The global mortuary bags market size was evaluated at $2,300 million in 2023 and is slated to hit $5,300 million by the end of 2032 with a CAGR of nearly 5.2% between 2024 and 2032.
Mortuary bags, which are also referred to as cadaver bags, are utilized for the safe transportation of deceased ones. The products used as mortuary bags include medium-duty body bags, heavy-duty transport body bags, chlorine-free adult bags, heavy-duty transport body bags, and water-recovery body bags.
A surge in the alcohol intake causing road collisions and deaths will enhance the product demand
A surge in the number of road accidents causing deaths has resulted in a humungous demand for mortuary bags, thereby steering the expansion of the global mortuary bags market. An increase in alcohol consumption and reckless driving as well as drunk driving has resulted in massive growth of the global market. Furthermore, the lack of use of protective gear including helmets along with poorly maintained road as well as railway infrastructure has contributed enormously towards the global market expansion. For the record, the World Health Organization has stated that more than 1 million people lose their lives every year as a result of road collisions. Escalating demand for customization has translated into massive production of customized products, thereby propping the expansion of the market globally.
Oscillating prices along with strict laws regarding product distribution can hinder the global industry expansion by 2032
Price sensitivity and strict laws governing the production and sale of the product can put brakes on the global mortuary bag industry expansion. Stringent needs for receiving product certification along with growing environmental concerns due to the challenges of disposing of these products can hit the growth of the industry globally.
A rise in the investments by players related to the manufacture of advanced materials to expand the global market scope
A rise in the focus of firms on research activities for developing eco-friendly products will open new growth horizons for the global mortuary bags market. New product launches are predicted to shape the expansion of the market globally. An increment in the pandemic has further contributed to the global market demand.
Fluctuations witnessed in the supply chain and rising costs of raw components can challenge the global industry expansion
An increment in product costs and supply chain disruptions can put a huge challenge to the expansion of the global mortuary bags industry in the forecast timeline. Lack of raw material supply can pose a massive threat to the global industry expansion in the years ahead.
The global mortuary bags market is divided into raw material, end-use, and region.
In terms of raw material, the mortuary bags market across the globe is bifurcated into nylon, polyester, PVC, and polyethylene segments. Additionally, the polyethylene segment, which gained nearly 48% of the global market revenue in 2023, is expected to register the highest growth rate in the forecast timespan. The expansion of the segment in the next couple of years can be due to the durability, lightweight, and cost-efficiency of polyethylene.
Based on the end-use, the global mortuary bags industry is divided into morgue and hospital segments. Furthermore, the morgue segment, which garnered approximately 72% of the global industry revenue in 2023, is anticipated to make key contributions towards the global industry growth in the forecasting timeframe. The expansion of the segment in the analysis timeline can be attributed to a rise in the deaths from road accidents and railway accidents in which the corpses are transferred to the morgue.
Report Attributes | Report Details |
---|---|
Report Name | Mortuary Bags Market |
Market Size in 2023 | USD 2,300 Million |
Market Forecast in 2032 | USD 5,300 Million |
Growth Rate | CAGR of 5.2% |
Number of Pages | 219 |
Key Companies Covered | Smart Choice Funeral Supplies, CLASSIC PLASTICS, Mopec, Auden Funeral Supplies Ltd., Deluxe Scientific Surgico Pvt. Ltd., and others. |
Segments Covered | By Raw Material, By End-Use, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America is expected to maintain a leading position in the global market during the forecast timespan
North America, which accounted for 52% of the global mortuary bags market revenue in 2023, is expected to establish a key position in the global market in the coming eight years. In addition to this, the regional market surge in the forecast timespan can be attributed to a surge in the frequency of the pandemic and an increase in chronic disorders among the geriatric populace in North American countries. Apart from this, the presence of key product manufacturers in these countries can contribute majorly towards the market growth in the region.
The Asia-Pacific mortuary bags industry is predicted to register the highest CAGR annually in the coming eight years. The development of the industry in the APAC region can be due to a surge in the number of diabetic population in Asian countries. Reportedly, the proportion of diabetics in India is around 9%. Furthermore, an increase in viral infections in countries such as China and India is anticipated to spur the growth of the industry in APAC.
The global mortuary bags market profiles key players such as:
By Raw Material
By End-Use
FrequentlyAsked Questions
Mortuary bags, which are also referred to as cadaver bags, are utilized for the safe transportation of deceased ones.
The global mortuary bags market growth over the forecast period can be owing to a lack of use of protective gear including helmets along with poorly maintained road as well as railway infrastructure.
According to a study, the global mortuary bags industry size was $2,300 million in 2023 and is projected to reach $5,300 million by the end of 2032.
The global mortuary bags market is anticipated to record a CAGR of nearly 5.2% from 2024 to 2032.
The Asia-Pacific mortuary bags industry is set to register the fastest CAGR over the forecasting timeline owing to a surge in the number of diabetic population in Asian countries. Reportedly, the proportion of diabetics in India is around 9%. Furthermore, an increase in viral infections in countries such as China and India is anticipated to spur the growth of the industry in APAC.
The global mortuary bags market is led by players such as Smart Choice Funeral Supplies, CLASSIC PLASTICS, Mopec, Auden Funeral Supplies Ltd., and Deluxe Scientific Surgico Pvt. Ltd.
The global mortuary bags market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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