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How Falling Birth Rates Reshape the Funeral Industry
Season 2
Episode 51
Published 1 week, 6 days ago
Description
Episode 51 of The Demographics Podcast explores how declining birth rates and smaller family networks are transforming the funeral industry. Lucas and Luna examine the rise of direct cremation, consolidation among funeral homes, and the growing popularity of pre-need funeral planning. They discuss how companies like Service Corporation International and Carriage Services are adapting to fewer bodies, less family involvement, and changing consumer preferences. The hosts also consider the cultural shift toward ‘green burials’ and digital memorialization. Listeners will learn why funeral directors are becoming event planners and how the economics of death are shifting in an aging, childless society.