Funeral Homes in the US - Industry Market Research Report

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Funeral Homes in the US

Demand for Funeral Homes industry services is relatively steady because most Americans pass through a funeral home upon their death, which is inevitable. However, changing funeral preferences in recent years have led more families away from burial toward lower-cost cremation services, reducing the industry revenue generated per client. In addition, the emergence of alternative sales channels for funereal products retailed by this industry, including e-commerce, has heightened competition. Over the next five years, the industry is anticipated to stagnate. However, a slight expected uptick in the US death rate will bode well for the industry. As the baby boomer generation ages and seniors expand significantly as a component of the population, growth in the annual number of US deaths will accelerate.

This industry includes companies that conduct funerals and prepare the deceased for burial or interment. Industry establishments organize wakes, transport the dead 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 and are included in the Cemetery Services industry (IBISWorld report 81222).

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.

  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2016)
    • Table Industry Structure
  • Industry Performance
    • Table Number of deaths
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table Products and services segmentation (2016)
    • Table Major market segmentation (2016)
    • Table Business Locations 2016
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
  • Major Companies
    • Table Major players
    • Table Service Corporation International (industry-relevant operations) - financial performance*
  • Operating Conditions
    • Table Capital intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs Growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
    • Table Industry Financial Ratios
  • Jargon & Glossary

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