India Cremation Furnace Market Size & Outlook, 2025-2032
India Cremation Furnace Market Size
According to Straits Research analysis, the India Cremation Furnace Market was valued at USD 36.69 Million in 2024 and is projected to reach USD 62.42 Million by 2032, expanding at a CAGR of 6.1% during the forecast period. Demand is driven by the growing death rate due to the rising population, and increasing tendencies towards cremation. The adoption in industries like chemicals and energy for residue disposal is also contributing to the growth. The market is further bolstered by emerging trends like green or low-carbon production, sustainability initiatives, and technological advancements in furnace efficiency. Export potential also presents an attractive opportunity for market expansion. Moving forward, India is positioning itself as a key player in the cremation furnace market by focusing on innovative technology and efficient designs.
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Cremation Furnace Market Highlights
- In 2024, Human Cremation Furnace accounted for the highest share of the Type market size.
- During the forecast period, Human Cremation Furnace is set to register the highest growth, making it the most lucrative Type segment.
- In 2024, India represented 6.18% of the overall global cremation furnace market size.
- United States is projected to lead the global cremation furnace market size by 2032.
- Across Asia Pacific, China is anticipated to hold the dominant position in market by 2032.
- India is forecasted to expand at the fastest pace in Asia Pacific, attaining USD 58503 Million by 2032.
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Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2032 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2032 |
| Market Size In 2024 | USD 36.69 Million |
| Market Size In 2032 | USD 62.42 Million |
| Largest segment | Human Cremation Furnace |
| Fastest segment | Human Cremation Furnace |
| Units | Revenue in USD Million |
| CAGR | 6.1% (2025-2032) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
India Cremation Furnace Market Share By Type
Segmentation Covered
| Segments | Sub Segments |
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| Type |
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| Technology |
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| Application |
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India Cremation Furnace Market By Type 2032
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Cremation Furnace Market By Technology 2032
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Cremation Furnace Market By Application 2032
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Cremation Furnace Market By Sales Channel 2032
Source: Straits Research Analysis Company Publications, Primary Interviews.
