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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 2013

Six feet under: The popularity of lower cost cremations buries industry revenue

IBISWorld’s Cemetery Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 08-13
-0.6%
Annual Growth 13-18
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Profit
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Employment
40,789
Businesses
7,272
Industry Analysis & Industry Trends

In the five years to 2013, the trend toward low-cost cremation services instead of burial services has adversely affected revenue and profit, increasing merger and acquisition activity. As disposable incomes return, people will be more likely to spend on more expensive grave sites and services, but cremations will still remain popular... purchase to read more

Industry Report - Starting a New Business Chapter

The Cemetery Services industry has high 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 within the industry because there are currently 7,272 companies operating in the industry.

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. Additionally, many of the mature markets in metropolitan areas are saturated and have an adequate number of existing cemeteries with sufficient land for additional burial plots, whereas land for new cemetery development is often scarce and expensive... 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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