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Coffin & Casket Manufacturing in the US Industry Data and Analysis
Coffin and casket manufacturers have endured declines. Although demand for deathcare products and services often increases in line with an aging population, the considerable expenses associated with burials and a greater cultural acceptance of cremation have drastically harmed demand for traditional burial services and, therefore, for caskets. Since cremations are often the lowest-cost funeral method, this has pressured funeral homes, boosting price-based competition and pushing manufacturers' profit down. Labor shortages have also driven up wage costs and hindered profit growth. Although revenue has been generally falling over the past two decades, the COVID-19 pandemic caused an unprecedented number of deaths, with many families opting for burial services for their loved ones. This trend enabled coffin and casket sales to jump in 2020, although the vaccine distribution and having achieved herd immunity caused this trend to reverse. These factors have caused revenue to drop at an estimated CAGR of 1.6% to $718.7 million through 2025, including a 0.5% drop that year alone.
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What's included in this industry analysis
IBISWorld's research coverage on the Coffin & Casket Manufacturing industry in the United States includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released June 2025.
About this industry
What's this industry report about?
The Coffin & Casket Manufacturing industry in the United States operates under the NAICS industry code OD5365. This industry primarily manufactures burial caskets, cases and vaults intended to contain dead bodies during and after burial or until cremation. Consumers often purchase these items from funeral homes, but in some cases, they may also purchase them directly from the manufacturers. Related terms covered in the Coffin & Casket Manufacturing industry in the United States include burial vault, cremation and mahogany.
What's included in this industry?
Products and services covered in Coffin & Casket Manufacturing industry in the United States include Metal burial caskets and coffins, Wood burial caskets and coffins and Other burial caskets and coffins.
What companies are included in this industry?
Companies covered in the Coffin & Casket Manufacturing industry in the United States include Batesville Services and Matthews International Corp.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Coffin & Casket Manufacturing industry in the United States.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Coffin & Casket Manufacturing industry in the United States.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Coffin & Casket Manufacturing industry in the United States.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Coffin & Casket Manufacturing industry in the United States. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Coffin & Casket Manufacturing industry in the United States. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Coffin & Casket Manufacturing industry in the United States. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Coffin & Casket Manufacturing industry in the United States. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Coffin & Casket Manufacturing industry in the United States.
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Frequently Asked Questions
What is the market size of the Coffin & Casket Manufacturing industry in the United States in 2026?
The market size of the Coffin & Casket Manufacturing industry in the United States is $718.7m in 2026.
How many businesses are there in the Coffin & Casket Manufacturing industry in the United States in 2025?
There are 65 businesses in the Coffin & Casket Manufacturing industry in the United States, which has declined at a CAGR of 2.3 % between 2020 and 2025.
How may import tariffs affect the Coffin & Casket Manufacturing industry in the United States?
The Coffin & Casket Manufacturing industry in the United States is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Coffin & Casket Manufacturing industry in the United States?
The Coffin & Casket Manufacturing industry in the United States is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Coffin & Casket Manufacturing industry in the United States grown or declined over the past 5 years?
The market size of the Coffin & Casket Manufacturing industry in the United States has been declining at a CAGR of 1.5 % between 2020 and 2025.
What is the forecast growth of the Coffin & Casket Manufacturing industry in the United States over the next 5 years?
Over the next five years, the Coffin & Casket Manufacturing industry in the United States is expected to decline.
What are the biggest companies in the Coffin & Casket Manufacturing industry in the United States?
The biggest companies operating in the Coffin & Casket Manufacturing industry in the United States are Batesville Services and Matthews International Corp
What does the Coffin & Casket Manufacturing industry in the United States include?
Manufacturing metal burial caskets and coffins and Manufacturing wood burial caskets and coffins are part of the Coffin & Casket Manufacturing industry in the United States.
Which companies have the highest market share in the Coffin & Casket Manufacturing industry in the United States?
The company holding the most market share in the Coffin & Casket Manufacturing industry in the United States is Batesville Services.
How competitive is the Coffin & Casket Manufacturing industry in the United States?
The level of competition is high and increasing in the Coffin & Casket Manufacturing industry in the United States.
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