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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 2013

Six feet under: The popularity of lower cost cremations buries industry revenue

IBISWorld’s Cemetery Services market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 08-13
-0.6%
Annual Growth 13-18
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Profit
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Employment
40,789
Businesses
7,272
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 - Industry SWOT Analysis Chapter

The Cemetery Services industry is in the mature phase of its industry life cycle. Indicators of its mature life cycle include: well-established products and services, widespread industry consolidation and changes in product lines. Although the recession curtailed demand for more lucrative burial and merchandise sales, demand for industry services has remained stable given the nature of the industry. One trend that has adversely affected the industry has been consumers' increasing preferences for more inexpensive cremations, rather than costlier burial services; this has adversely affecting sales growth and profit margins during the five years to 2013. Consequently, industry value added is projected to decline at an annualized rate of 0.3% during the 10 years to 2018... 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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