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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 | Mar 2016

Staying alive: An aging US population will provide the industry with slow but consistent growth

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 11-16
1.1%
Annual Growth 16-21
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Profit
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Employment
33,518
Businesses
7,112
Industry Analysis & Industry Trends

The Cemetery Services industry dug itself out of the recessionary woes that once plagued its companies during the recession. With increasing disposable income and a growing proportion of US citizens reaching 65 years and older, families have become far more likely to purchase high-value industry merchandise and burial services, increasing industry revenue. These factors are expected to continue in the next five years. However, the number of cremations is forecast to rise, threatening industry growth... purchase to read more

Industry Report - Industry Analysis Chapter

The Cemetery Services industry has exhibited consistent growth over the five years to 2016, stemming from increasing consumer spending and additional sales of value-added services and products. Over the five-year period, industry revenue is estimated to increase at an annualized rate of 1.1%, largely due to recovering per capita disposable income. As a result, these factors have enabled the gradually aging US population to purchase industry products and services which had once suffered among cash-strapped consumers... 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
Interment servicesSale of graves, plots and other spacesCemetery maintenance servicesSales of funeral goodsCremation servicesPre-burial services
 
Industry Activities
Cemetery maintenance and upkeepMausoleum operationCrematory operationColumbarium operationMemorial garden supervisionAnimal and pet cemetery management


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