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Religious Organizations in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Religious Organizations Market Research Report | NAICS 81311 | Jun 2016

Losing faith: Renewed incomes will boost donations, but attendance will continue to drop

IBISWorld’s Religious Organizations market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$104bn
Annual Growth 11-16
1.1%
Annual Growth 16-21
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Profit
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Employment
1,700,043
Businesses
188,296
Industry Analysis & Industry Trends

Over the past five years, the industry suffered setbacks as people's religious beliefs weakened. Slowing participation numbers and donations, increased skepticism among younger generations and new religions brought stateside by immigrants are trends that will likely continue to occur over the next five years. Despite lower church attendance, revenue will experience slow growth as higher disposable incomes allow individuals to make more donations... purchase to read more

Industry Report - Starting a New Business Chapter

This industry encompasses many different religious and spiritual organizations. Unlike other industries, each industry establishment is generally independently run, but follows the broad teachings of a religious denomination. Religious establishments can be formed simply by the coordination of like-minded individuals, as minimal facilities are required. New religious groups can organize regular programs and events that invite nonmembers from the community and introduce them to members of the congregation, which can quickly increase the organization's membership. As a result, this industry is characterized by low barriers to entry.

Religious organizations must have access to funding to build or rent a house of worship, which can require significant capital investments... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Religious Organizations Industry?

This industry consists of religious organizations that provide religious worship or promote religious activities for both organized religions and smaller faiths that are not recognized in mainstream religious teaching. Establishments include churches, temples, mosques, synagogues and other houses of worship, as well as convents, monasteries and religiously-affiliated community centers. This industry does not include schools and hospitals operated by religious organizations.

Industry Products
Evangelical Christian worship servicesRoman Catholic worship servicesMainline Protestant worship servicesHistorically Black ChurchesOther Christian worship servicesJewish worship servicesMuslim worship servicesOther faiths' worship services
 
Industry Activities
Bible society operation Church operation Missionary society operationMonastery operation (except schools)Mosque operation Synagogue operationTemple operationReligious shrines operationConvents (except schools) operation


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