With turnover of USD43.9 billion, China accounts for 62.2% of the Asia Pacific total in 2023. The industry’s profitability increases and stands at 21.1% of turnover in 2023, the 18th highest regionally. The costs of the industry increase by 1.6% in 2023, largely driven by rising B2B costs. The total number of companies remains unchanged in 2023. The industry is fragmented, with the top three companies generating 0.6% of total production value in 2023. Harbin Funeral & Interment Service Center Donghuayuan is the largest company in China, generating 0.2% of the industry’s total turnover value in 2023. Households drive market demand, with household spending representing 95.5% of total demand in 2023.
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This Euromonitor industrial report provides unique information on Funeral and Related Services in China: ISIC 9303. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Funeral and Related Services in China: ISIC 9303 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of funeral and related services, hairdressing and beauty treatment, solariums, spas and similar services, and washing and cleaning.
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