Funeral Business Grows

Costa Rican funeral companies invest in more locations, growing in size and number of private cemeteries.

Monday, March 7, 2011

The increase in population, with a consequent increase in deaths and changes in consumption patterns moving people to contract early funeral services and burial places, has meant growth for the funeral business sector, which has made significant investments in facilities.

The strength of the business is highlighted in an article by El "According to the Supreme Electoral Tribunal (TSE) over the last decade there was a marked increase in registration of deaths."

The plans offered to the public range from early coverage and funeral services in monthly payments, to the sale of plots for burial in private cemeteries also in installments of around $ 60 a month.

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More pets in Panamanian households translate into growth and diversification of the market for products and services for those members of the family.

An article on reports that "... Having a pet as a member of the family is a growing trend in Panamanian homes, which has strengthened and diversified trade for companies that are dedicated to this sector, offering everything from food to funeral services."

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There are 180 companies registered with the taxation department as providers of these services, 43% more than six years ago.

The business of funeral services in the country has been growing in recent years, driven in part by an increase in complementary products and services to this business, such as funeral expense policies.

Biodegradable Coffins

July 2011

The rising trend in protecting the environment and encouraging sustainability has also reached the funerary business.

The cluster of concerns that can befall anyone who reflects on death and the material problems it presents, now includes one more consideration; how your burial choices will affect the environment.

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