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Cemetery Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Cemetery Services Market Research Report | NAICS 81222 | Jul 2014

Staying alive: An aging US population will provide the industry with a continual source of demand

IBISWorld’s Cemetery Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 09-14
5.0%
Annual Growth 14-19
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Profit
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Employment
38,958
Businesses
7,256
Industry Analysis & Industry Trends

In the five years to 2014, the trend toward low-cost cremation services instead of burial services has adversely affected industry revenue and profit, increasing merger and acquisition activity. Over the next five years, as disposable income levels strengthen, consumers will be more likely to spend on more expensive grave sites and services, but cremations will remain popular. Futhermore, the aging baby-boomer population and increasing death rate will boost demand for industry services... purchase to read more

Industry Report - Industry Analysis Chapter

The Cemetery Services industry has exhibited solid growth over the five years to 2014, stemming from the economic recovery and increasing sales of value-added services and products. Over the five-year period, industry revenue is estimated to increase at an average annual rate of 5.0% largely due to recovering per capita disposable income, which has enabled the gradually aging US population to purchase industry products and services that had once suffered among cash-strapped consumers during the recession... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Cemetery Services Industry?

This industry includes establishments that operate sites or structures reserved for the interment of human or animal remains. The industry also includes companies that offer cremation services. This industry does not include funeral homes, nor does it include funeral homes that operate cemeteries. These companies are included in the Funeral Homes industry (IBISWorld report 81221).

Industry Products
IntermentSale of graves, plots and other spacesCemetery maintenance servicesMerchandise salesCremationPre-burial services
 
Industry Activities
Cemetery managementMausoleum operationCrematory operationColumbarium operationMemorial garden supervisionAnimal and pet cemetery management


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