Cemetery Services in the US - Industry Market Research Report
Description
Cemetery Services in the US - Industry Market Research Report
Cemetery Services in the US
The Cemetery Services industry provides products and services for bereaved family members of the deceased, which may include sales of family plots, mausoleums, memorials and columbaria, in addition to sales of merchandise, including urns and ornamental goods. The industry sells services on either a pre-need (sold before death) or at-need (sold following a death) basis. The industry benefited throughout the period, specifically during the COVID-19 pandemic, because of the high number of deaths. Overall, industry revenue increased at a CAGR of 2.8% to $6.2 billion over the past five years, including a 0.5% decrease in 2023 alone. Profit has climbed to 9.6% of revenue in 2023 from 9.2% in 2018.
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, even those that operate cemeteries; these companies are included in the Funeral Homes industry (IBISWorld report 81221).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Cemetery Services in the US
The Cemetery Services industry provides products and services for bereaved family members of the deceased, which may include sales of family plots, mausoleums, memorials and columbaria, in addition to sales of merchandise, including urns and ornamental goods. The industry sells services on either a pre-need (sold before death) or at-need (sold following a death) basis. The industry benefited throughout the period, specifically during the COVID-19 pandemic, because of the high number of deaths. Overall, industry revenue increased at a CAGR of 2.8% to $6.2 billion over the past five years, including a 0.5% decrease in 2023 alone. Profit has climbed to 9.6% of revenue in 2023 from 9.2% in 2018.
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, even those that operate cemeteries; these companies are included in the Funeral Homes industry (IBISWorld report 81221).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
41 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
