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 - Starting a New Business Chapter
The Cemetery Services industry has moderate barriers to entry. Firstly, there are high initial capital costs and a large number of regulations that industry operators must comply with. Furthermore, there is a high level of competition that is external to the industry; commercial providers of cemetery services must contend with religious, municipal, national and family cemeteries that are not incorporated and therefore are exempt from many state regulations and taxes.
Because families tend to use the same cemetery to bury multiple generators of family members, it can be difficult for new cemeteries to attract families... purchase to read more