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