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