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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 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
$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 - 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

 


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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