Funeral, Crematorium and Cemetery Services in New Zealand - Industry Market Research Report
Description
Funeral, Crematorium and Cemetery Services in New Zealand
Providers of funeral, crematorium and cemetery services have been facing challenging operating conditions. Service revenue is highly correlated with the number of annual deaths. New Zealand's population has been expanding, contributing to more deaths, which supports revenue from funerals and other death-related services. Household disposable incomes have been trending upwards, leaving New Zealanders with more money to spend on expensive burial services. Despite these positive factors, revenue has dwindled thanks to the effects of the COVID-19 pandemic. Funeral, crematorium and cemetery service revenue is expected to decline at an annualised 0.4% over the five years through 2022-23, to total $289.1 million.
Industry participants operate funeral homes, cemeteries and crematoria. Services provided include managing and conducting funerals, cremations and burials, as well as the provision of undertaking and embalming services.
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.
Providers of funeral, crematorium and cemetery services have been facing challenging operating conditions. Service revenue is highly correlated with the number of annual deaths. New Zealand's population has been expanding, contributing to more deaths, which supports revenue from funerals and other death-related services. Household disposable incomes have been trending upwards, leaving New Zealanders with more money to spend on expensive burial services. Despite these positive factors, revenue has dwindled thanks to the effects of the COVID-19 pandemic. Funeral, crematorium and cemetery service revenue is expected to decline at an annualised 0.4% over the five years through 2022-23, to total $289.1 million.
Industry participants operate funeral homes, cemeteries and crematoria. Services provided include managing and conducting funerals, cremations and burials, as well as the provision of undertaking and embalming services.
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
44 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
Search Inside Report
Pricing
Currency Rates
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