Funeral Homes in Canada - Industry Market Research Report

Funeral Homes in Canada

The Funeral Homes industry in Canada provides memorial services and facilitates the arrangement of the deceased's burial or cremation. Demand for industry services does not strongly fluctuate with the business cycle and is instead dependent on demographic factors such as age and consumer preferences. Canada's growing and aging population has resulted in the number of deaths trending upward over the five years to 2019, bolstering demand for funeral services and boosting profit margins. The growing popularity of cremation has threatened industry revenue over the five years to 2019. Consumers may choose cremations for many reasons, including cost considerations, environmental concerns, religious reasons and changing preferences. Over the five years to 2024, demographic and societal factors will likely continue to drive industry growth.

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. However, establishments that primarily conduct cremation are excluded from this industry.

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

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

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