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Mortuary Bags Market Projected to Grow at an Approximate CAGR of over 6.0% from 2020 to 2027 | Grand View Research, Inc.

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Mortuary Bags Market Projected to Grow at an Approximate CAGR of over 6.0% from 2020 to 2027 | Grand View Research, Inc.

December 02
04:20 2020
Mortuary Bags Market Projected to Grow at an Approximate CAGR of over 6.0% from 2020 to 2027 | Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, The global mortuary bags market size was valued at USD 1.1 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 6.0% from 2020 to 2027.

The global mortuary bags market size is expected to reach USD 1.8 billion by 2027, expanding at a CAGR of 6.0%, according to a new report by Grand View Research, Inc. The increasing prevalence of cardiovascular diseases, a growing number of deaths due to pandemics and epidemics, and rising cases of road accidents are the key factors driving the market.

Cardiovascular Diseases (CVDs) are a group of diseases and disorders of the heart and blood vessels. CVDs include rheumatic heart disease, cerebrovascular disease, and coronary heart disease. According to the WHO, CVD is the leading cause of death across the globe and takes around 17.9 million lives every year. It also reported that four out of five deaths from CVDs are from strokes and heart attacks. Similarly, as per the reports published by the Centers for Disease Control and Prevention, in the U.S., where obesity is one of the major health-related concerns, one person dies every 36 seconds from cardiovascular disease. It also reported that 655,000 U.S. citizens die from some kind of heart disease every year, which is one in every four deaths in the country. According to the World Heart Federation, CVDs account for 26.0% of the deaths from non-communicable diseases in India. Therefore, such a high number of deaths due to CVDs is anticipated to increase the demand for mortuary bags across the globe.

The exact cause of CVDs is still unknown, however, there are a lot of factors that can increase the risk of getting CVD. The main risk factors for CVDs are high blood pressure, smoking, high cholesterol, diabetes, inactivity, obesity, substance abuse, and an unhealthy lifestyle.

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U.S. mortuary bags market size, by raw material, 2016 - 2027 (USD Million)

Mortuary Bags Market Report Highlights

  • On the basis of raw material, the polyethylene segment held the largest market share in 2019 as it is cheap and the most widely produced plastic in the world
  • Adult bags held the largest market share in 2019 owing to the rising cases of CVDs among adults and an increasing number of deaths in adults due to COVID-19
  • Based on end-use, the morgue segment held the largest market share in 2019 and is anticipated to witness the fastest growth rate over the forecast period. The growth of the segment is attributable to the rising number of road accidents and increasing crime rates across the globe
  • North America held the largest market share in 2019 owing to the highest number of deaths due to COVID-19 in this region.

 Global mortuary bags market share, by end-use, 2019 (%)

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Mortuary Bags Market Segmentation

Grand View Research has segmented the global mortuary bags market on the basis of raw material, size, end-use, and region:

Mortuary Bags Raw Material Outlook (Revenue, USD Million, 2016 -2027)

  • Polyvinyl chloride
  • Polyethylene
  • Nylon
  • Polyester
  • Others

Mortuary Bags Size Outlook (Revenue, USD Million, 2016 – 2027)

  • Adult
  • Child/Infant
  • Heavy Duty and Bariatric

Mortuary Bags End-use Outlook (Revenue, USD Million, 2016 – 2027)

  • Hospital
  • Morgue
  • Others

Mortuary Bags Regional Outlook (Revenue, USD Million, 2016 – 2027)

  • North America
    • U.S.
    • Canada
    • Europe
      • U.K.
      • Germany
    • Asia Pacific
      • Japan
      • China
    • Latin America
      • Brazil
      • Mexico
    • MEA
      • South Africa
      • Saudi Arabia

List of Key Players of Mortuary Bags Market

  • Mopec
  • Auden Funeral Supplies Ltd.
  • Smart Choice Funeral Supplies
  • Deluxe Scientific Surgico Pvt. Ltd.

Key Topics Covered 

Table of Content

Chapter 1 Report Scope
                  1.1 Market Segmentation and Scope
                  1.2 Regional Scope
                  1.3 Estimates and Forecast Timeline
Chapter 2 Research Methodology
                  2.1 Research Methodology
                      2.1.1 Information procurement
                  2.2 Information or Data Analysis
                  2.3 Market Formulation & Validation
                  2.4 Region Wise Market Calculation
                      2.4.1 Region Wise Market: Base Estimates
                      2.4.2 Global Market: CAGR Calculation
                  2.5 Region-Based Segment Share Calculation
                  2.6 Model Details
                      2.6.1 Commodity Flow Analysis (Model 1)
                      2.6.2 Volume price analysis (Model 2)
                  2.7 List of Secondary Sources
Chapter 3 Objectives
                  3.1 Objective – 1
                  3.2 Objective – 2
                  3.3 Objective – 3
                  3.4 Objective – 4

…. continue

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: United States

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