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Funeral Homes in Prince Edward Island

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS PE81221CA

Funeral Homes in Prince Edward Island industry analysis

Revenue for the Funeral Homes industry in Prince Edward Island is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely decline at -x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to xx locations over the past five years. Industry employment has decreased an annualized -x.x% to xxx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to decline -x.x% to xx locations over the next five years. Industry employment is expected to increase an annualized x.x% to xxx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Funeral Homes in Prince Edward Island Market Research Report

What’s Included in the Funeral Homes in Prince Edward Island Market Research Report

Definition of the Funeral Homes in Prince Edward Island?

The Funeral Homes industry in Canada conducts funerals and prepares the deceased for burial or interment. Funeral homes organize wakes, transport the deceased and sell caskets and related merchandise. This industry includes funeral homes combined with crematories.

What’s included in the Funeral Homes in Prince Edward Island?

The Funeral Homes in Prince Edward Island includes providing funeral director services, providing embalming services, operating funeral homes combined with crematories, providing mortician services, providing visitation or viewing services, providing funeral services, providing graveside committal services, selling funeral merchandise, such as caskets, flowers and obituary notices and transporting the deceased. Related terms covered in the Funeral Homes in Prince Edward Island industry report includes purchase of a funeral service for a deceased person who did not have a prepaid funeral plan in place, the interment of a deceased individual that permits for the natural decomposition and recycling of the body into the soil, purchase of a funeral arrangement prior to death and consists of a visitation period and memorial service at the funeral home or house of worship with the body of the deceased present.

Industry Performance of the Funeral Homes industry in Prince Edward Island

Benchmark the Funeral Homes in Prince Edward Island industry performance with all PE Census Metropolitan Area and national performance.

Funeral Homes in Prince Edward Island

#10 in Highest Revenue 1% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Funeral Homes in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Funeral Homes industry in Prince Edward Island

See how key industry drivers, such as population, median houshold income, gross domestic product, number of deaths, per capita disposable income and number of adults aged 65 and older are impacting Funeral Homes in Prince Edward Island

Prince Edward Island Economic Indicators

Population
Median Houshold Income
Gross Domestic Product

View more economic information in PE State Economic profile

Canada Key External Drivers

Number of deaths
Per capita disposable income
Number of adults aged 65 and older

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Funeral Homes industry in Prince Edward Island

Access proprietary data on Census Metropolitan Area in the Funeral Homes in Prince Edward Island, such as Charlottetown and Summerside. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Funeral Homes industry in Prince Edward Island

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Funeral Homes industry in Prince Edward Island in 2025?

The market size of the Funeral Homes industry in Prince Edward Island is $15.9m in 2025.

How many businesses are there in the Funeral Homes industry in Prince Edward Island in 2025?

There are 31 businesses in the Funeral Homes industry in Prince Edward Island, which has been declining at an average annual rate of -0.6% from 2020 to 2025.

Has the Funeral Homes industry in Prince Edward Island grown or declined over the past 5 years?

The market size of the Funeral Homes industry in Prince Edward Island has been declining at an average annual rate of -3.4% from 2020 to 2025.

How many employees in the Funeral Homes industry in Prince Edward Island in 2025?

There are 138 employees in the Funeral Homes industry in Prince Edward Island, which has been declining at an average annual rate of -0.7% from 2020 to 2025.