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Startups that give a turn to the funeral sector | BUSINESSMAN

written by Drafting on 05 Nov 2019 Resistible creates cardboard coffins, 100% ecological. Photo: Special

The rise of incineration and change of generational mentality give new airs to the funeral sector. Young people don't want sad wakes. For them it is a priority for their burials to be ecological and leave their digital legacy in order. There is no doubt that death is one of the safest businesses that exist. It does not depend on fashions, or economic cycles. And is also profitable.

The number of deaths in Spain exceeds 423,000, according to Panasef data (National Association of Funeral Services). A figure that grows slowly, but sure. And dying is not exactly cheap.

The cost of a burial in Spain is around 3,500 euros, according to OCU calculations. In this way, the funeral sector invoices about 1,500 million euros, which represents 0.13% of Spanish GDP. A percentage that amounts to 0.34% if death insurance is included. But in recent times, things have changed. "The panorama in the funeral field is no longer the same. Cultural and religious changes have occurred and customers require more added services," says Ángel Urquiza, director of innovation of Santalucía, leading insurer in the death rate.

The change in religious beliefs can be one of the most decisive for the sector. Above all, facing the future. Almost 90% of those over 65 are considered a believer, according to the Laity in figures, 2018, of the Ferrer I Guàrdia Foundation. But the percentage descends as younger groups are analyzed, until falling below 50% in those under 25 years. the burial). In 2005, only 15% of the deceased were incinerated. Twelve years later the percentage was 40%. And, according to Panasef estimates, the figure could reach 60% in 2025 and be even greater in the urban field. The conservation of the ashes, from converting them into jewelry (even in diamonds) to manufacturing high -design pieces that are integrated into the decoration of the room. of the wakes to use. "Every time you tend to see them as an opportunity to celebrate, to share memories and honor the deceased, rather than cry," says Urquiza. "The ecological part also has a lot > An upward market is the one that opens in the legal field. To the usual efforts is now added the possibility of performing a digital will. It is a document in which the presence of the deceased on the Internet (web pages, social networks, etc.) remains. The client can authorize the cancellation of all his accounts or the transfer of passwords to a trustworthy person. aliyuncs.com/drawing/article_results_6/2022/2/27/9C5B8BCD4D033F8D12C4ED51776ABA2B.JPEG "ALT =" The startups that give a turn to the funeral sector | The businessman "Title =" The startups that give a turn to the funeral sector | Entrepreneur ">

and that is that the new digital generation does not understand life (or death without internet, as evidenced by the incorporation of QR codes into tombs, tombstones and niches.

On the other hand, from Santalucía they detect a growing demand for pre -healing services: from psychological assistance in case of terminal disease to DNA racker services and even time capsules with messages for loved ones in case of accidental death. >

Focus Group also anticipate needs that current legislation still does not allow to meet, such as Euthanasia and cryogenization.