Latest / The Demographics Podcast with Fexingo: Aging Populations, Birth Rates, and Economic Impact
How Falling Birth Rates Reshape the Funeral Industry
In this episode, Lucas and Luna explore how demographic decline is transforming the funeral industry, a sector that has remained largely unchanged for decades. With fewer deaths in the long term but a surge in the coming years as baby boomers age, funeral homes face a strange paradox. Lucas breaks down the numbers: annual deaths in the US are projected to peak around 2043, then drop by 20% by 2070. Luna highlights the pressure on small family-owned funeral homes, which make up 85% of the market, and how rising costs are prompting more families to choose direct cremation — now over 60% of…
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