Although the number of annual deaths has increased as a result of an increasing population, demand for industry services has continued to decline over the five years to 2016. Conditions are not expected to improve over the next five years, and consumer preferences will likely continue to trend in favor of cremations rather than traditional burial services.
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.
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.