New research by UK probate brokers, Final Duties, has revealed that the UK funeral market revenue is on schedule to surpass £3 billion in 2024, the first time such a landmark will be reached in a non-Covid year.
Final Duties analysed the changing size of the UK funeral market, measured by total revenue, between 2014 and 2023 and used this data to predict how big the market will be by the end of 2024.
The analysis reveal...