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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 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 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 Key Buyers Chapter

The Cemetery Services industry has a low but increasing degree of market share concentration. In 2016, the industry's three major companies will generate an estimated 31.8% of the industry's revenue. The majority of the industry's companies are small and operate just one cemetery or crematory. These companies are almost entirely local, with most cemeteries serving customers that live within a 10- to 15-mile radius of the property's location.

Increasing market share concentration among the industry's largest players has occurred due to intensifying merger and acquisition activity over the five years to 2016. StoneMor Partners, which purchased cemeteries and funeral homes in each of the past five years, has largely outpaced the industry's growth... 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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