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2019 U.S. Industry Statistics & Market Research - Cemeteries & Crematories


Overview: the U.S. Cemeteries & Crematories Industry

As more people are trying to cut burial costs and be more environmentally sensitive, cemeteries and crematories are changing their marketing and sustainability practices and expanding to service larger markets.

Private cemetaries and crematories typically provide higher quality of service at higher price to markets that can sustain it. Governments providing cemetary services enter the market to fulfill the need for lower cost services, or services in markets not served by private companies. As the general population experiences a lower mortality rate, reducing demand, as well as financial constraints, less expensive cremation options are replacing more costly funeral and burial costs. Private companies aggressively market pre-sales plans to lower income persons, thus enabling them to pay for burial costs over time before death. Despite criticism and its negative image, pre-sales are increasing and more companies are adding that option to remain competitive.

This market research report provides answers to key questions about the industry:
What is the total market size (industry revenue)?

This report shows the total market size for the Cemeteries & Crematories industry, comprised of total revenues of both public and private companies over the last six years (2013-2018), current year estimates, and outlook to 2024.

What is the industry outlook?

The industry Outlook and Forecasts show how the Cemeteries & Crematories industry is heading over the next six years (2019-2024). Market forecasts account for historical growth, cyclical changes, and general economic outlook.

Market Analysis: Is the market growing or declining, and how quickly?

The Market Analysis section shows the five-year growth trends for Cemeteries & Crematories, year-by-year from 2013-2018.

Are long-term forecasts positive or negative?

Forecasts for 2019-2024 for the industry show the future growth and market opportunity for Cemeteries & Crematories companies.

What is the average company size in the industry?

The average number of employees and average revenue for a typical Cemeteries & Crematories company is charted over time for the last five years to the present.

How many companies are in the industry?

Track how many companies compete in the Cemeteries & Crematories industry, and how the number of companies has changed over the past five years.


Market Size & Industry Statistics

The total U.S. industry market size for Cemeteries & Crematories: 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.

Cemeteries & Crematories market size 2019
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2013        2014        2015        2016        2017        2018
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
Statistics Source: U.S. Census, AnythingResearch Market Analysis



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.





Forecast / Industry Outlook 2019E 2020 2021 2022 2023 2024
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Cemeteries & Crematories industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Cremation Services For Human Remains

Pre-Burial Services For Human Remains

Funeral Planning And Coordination Services (Include Performing Memorial Service.)

Interment Of Human Remains

Graves, Plots, And Other Spaces For Human Remains

Graves, Plots, And Other Spaces For Human Remains - Sales

Cemetery Maintenance Services

Resale Of Funeral Goods

Resale Of - Cemetery Goods

Pet Care Services

Pet Funeral Services

All Other Receipts

All Other Operating Receipts



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.

U.S. map by state

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 AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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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
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Cemeteries & Crematories company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry 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 Cemeteries & Crematories industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
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).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Cemeteries & Crematories measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry 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.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry 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.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
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.



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.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 8%

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Chief Executives0%
General and Operations Managers1%
Other Management Occupations 6%
Funeral Service Managers 6%
Funeral Service Managers 6%
Building and Grounds Cleaning and Maintenance Occupations 13%
Grounds Maintenance Workers 10%
Grounds Maintenance Workers 10%
Landscaping and Groundskeeping Workers 10%
Personal Care and Service Occupations 48%
Funeral Service Workers 47%
Funeral Attendants 25%
Funeral Attendants 25%
Morticians, Undertakers, and Funeral Directors 18%
Morticians, Undertakers, and Funeral Directors 18%
Office and Administrative Support Occupations 20%
Secretaries and Administrative Assistants 8%
Secretaries and Administrative Assistants 8%
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 7%
Other Office and Administrative Support Workers 6%
Office Clerks, General 6%
Office Clerks, General 6%
Source: Bureau of Labor Statistics


Cemeteries & Crematories Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Cemeteries & Crematories 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 Cemeteries & Crematories 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 Cemeteries & Crematories industry.
Source:
IncFact


Government Contracts

In 2018, the federal government spent a total of $4,740,008 on Cemeteries & Crematories. It has awarded 51 contracts to 25 companies, with an average value of $189,600 per company.   

Most Recent Contracts Date Total Award Amount
AB CEMETERY MANAGEMENT, INC.
156 South Spruce Ave Suite 206b
South San Francisco, CA
May 20, 2019$1,866,847
DIAL GENERAL ENGINEERING
2226 Alta Vista Dr
Bakersfield, CA
May 07, 2019$3,804,362
NATIVE CONTRACTORS, INC.
12820 Hillcrest Rd Ste 207
Dallas, TX
May 06, 2019$3,374,519
WORRELL CONTRACTING CO., INC
201 N Center St
Goldsboro, NC
Apr 30, 2019$42,893
GREENLEAF SERVICES, INC.
365 Water St
Wilmington, DE
Apr 30, 2019$853,070
RAVEN OPERATIONS, LLC
28150 N Alma School Pkwy Ste 202
Scottsdale, AZ
Apr 22, 2019$54,004




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