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2025 U.S. Industry Statistics & Market Forecast - Burial Casket Manufacturing
Market Size & Industry Statistics
The total U.S. industry market size for Burial Casket Manufacturing:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Burial Casket Manufacturing industry include:- Rising demand for eco-friendly and biodegradable caskets
- Shift towards cremation reducing demand for traditional caskets
- Technological advancements in casket manufacturing processes
- Increasing personalization and customization options
- Growing preference for online sales and direct-to-consumer distribution
- Impact of global trade policies on material costs
- Rising labor costs affecting production expenses
- Aging population in many countries increasing death rates
- Cultural shifts influencing funeral traditions and casket choices
- Regulatory changes in funeral and burial practices
- Integration of smart technology in caskets for memorial services
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
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| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Burial Casket Manufacturing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Burial Casket Manufacturing industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Burial Casket Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 8% | Order at top of page |
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| Chief Executives | 0% | |||
| General and Operations Managers | 4% | |||
| Business and Financial Operations Occupations | 5% | |||
| Sales and Related Occupations | 6% | |||
| Office and Administrative Support Occupations | 13% | |||
| Installation, Maintenance, and Repair Occupations | 5% | |||
| Production Occupations | 47% | |||
| Assemblers and Fabricators | 18% | |||
| Miscellaneous Assemblers and Fabricators | 16% | |||
| Metal Workers and Plastic Workers | 8% | |||
| Other Production Occupations | 14% | |||
| Transportation and Material Moving Occupations | 6% | |||
Burial Casket Manufacturing Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Burial Casket Manufacturing industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Burial Casket Manufacturing industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Burial Casket Manufacturing industry. |
Source:
Latest Industry News
- Members of Indianapolis clergy hold 'funeral' after House passes Trump's tax, spending cuts legislation - Clergy held a "funeral," praying over a casket they said represents the people they believe will die because of the new law's cuts to Medicaid and SNAP benefits. (07/03/2025)
- Lawsuit: Maggots found in Chesapeake man's casket during family viewing - CHESAPEAKE, Va. — A Chesapeake family is suing Snellings Funeral Home, claiming they found their 24-year-old family member covered in maggots during his viewing. Torreon Williams died unexpectedly in May 2022 in a car crash. His mother, Tabitha Worrell, paid $3,000 for funeral expenses. This included sanitary care and dressing of the body. (06/30/2025)
- Virginia family sues funeral home after son’s body at viewing was covered in bugs - CHESAPEAKE, Va. — A Chesapeake woman is suing their local funeral home for neglecting her son's body after she said they showed a "grotesque display" of his body in an open casket. Tabitha Worrell is demanding $5 million from two defendants, Snellings Funeral Home Inc. and Holloman-Brown Funeral Home, Inc., for neglect and breach of contract. (06/30/2025)
- This Unusual Funeral Museum In Texas Is Too Weird For Words - Tucked away in Houston’s northern reaches sits a museum that gives new meaning to the phrase “deadly serious” – the National Museum of Funeral History. This isn’t your typical “let’s go see some paintings” kind of museum experience. (06/29/2025)
- Tim Walz eulogizes slain lawmaker as a historic Minnesotan — and friend - After a hug with Kamala Harris, Gov. Tim Walz eulogized slain state Rep. Melissa Hortman as “the most consequential speaker in Minnesota history.” (06/28/2025)
- East Cambridge led, not to mention innovated in, the manufacture of ... - Brothers William and David Lockhart established their coffin- and casket-making factory on Bridge Street in East Cambridge in 1854. Woodworking shops of many varieties already existed in the neighborhood, and the Lockhart brothers themselves had a brief foray into the world of cabinet-making before turning their attention to caskets. What began in the mid-19th century as a humble family ... (06/22/2025)
- Archaeologists Unearth Viking-Era Burial With Incredibly Rare Casket - The 30 Viking graves range from richly furnished to bare-bones, hinting at a burial ground for both nobles and the people they enslaved. (06/19/2025)
- Reviving an ancient — and green — burial tradition by weaving one willow casket at a time - The musky, almost smoky scent of willow permeates the air. The students weave the plant’s lanky branches into three frames, each with five wooden slats: up and over, up and over. Gradually, they create a wall of basket, (05/27/2025)
- Our Rich History: Memorial Day: Revisiting the role of Covington in our nation’s Civil War - We’re celebrating ten years of Our Rich History. You can browse and read any of the past columns, from the present all the way back to our start on May 6, 2015, at our newly updated database: nkytribune. (05/26/2025)
- NZ wool being used to make eco-friendly caskets - Low-emissions caskets and urns made from New Zealand wool are an environmentally friendly option for eternal rest, according to a Canterbury business. Exquisite Wool Traders, the retail arm of Yaldhurst Wools, market and sell woollen caskets made from New Zealand wool. (05/23/2025)
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