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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 - Industry Products Chapter

Sale of graves, plots and other spaces

The Cemetery Services industry derives the majority of its revenue from the sale of plots, graves or spaces in mausoleums. These sales are estimated to generate 39.1% of the industry's revenue. Typically a funeral home will negotiate the purchase of burial plots, though consumers can do this on an individual basis, as well. In certain states cemetery plots can be purchased from a cemetery broker rather than a funeral home director. The cost of a burial plot is typically more than $4,000. Individuals may also purchase niches within columbarium walls. Columbarium walls have become a common feature of many cemeteries, reflecting the increasing popularity of cremations as opposed to burials... 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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