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Death care services - statistics & facts

Mostly responsible for organizing funerals, burials, and cremations, companies active in the death care industry in the United States also provide other death-related goods and services. Administering los in cemeteries, selling headstones and memorials could also be included in their wide range of goods and services. Despite the gloomy aura that surrounds its services, the death care industry is very dynamic and offers salaries that could be deemed attractive. As of May 2020, around 24,560 morticians and 32,300 funeral attendants were employed by this industry the United States, earning median median annual wages of 59,000 dollars and 31,130 dollars respectively.

A small and profitable market in the hands of private owned companies and individuals

The combined revenue of around 20.5 billion U.S. dollars generated by this industry in 2020, is split among a myriad of family-owned businesses and a few large-sized actors. 89 percent of this market is in the hands of small and private companies, whereas the remaining 12 percent is divided among three main providers: Service Corporation International (SCI), with a market share of 10 percent, followed by StoneMor Partners and Carriage Services, each with a market share of around one percent. Despite despite one of the leading providers recording decreasing revenues over the last three years and a slow decline in number of funeral homes, this industry is growing in terms of revenue. Furthermore, due to an increase in SCI’s annual revenue - from 2.99 billion U.S. dollars in 2015 to 3.5 billion U.S. dollars in 2020, it could be said that this industry is gradually becoming more homogenous.

Rising costs of funerals leads to an increase in revenue for the death care industry

One factor that has likely contributed to this increase in revenue is the rising cost of funerals in the United States: The median cost of a funeral with a viewing and a burial, and including a vault, has increased from 8,508 U.S. dollars in 2014 to 9,420 U.S. dollars in 2020. For funerals with a viewing and a cremation, over the same time period the median cost has increased from 4,798 U.S. dollars to 6,970 U.S. dollars. Moreover, the price factor may have contributed to the growing preference for cremations over burials. As a result, the cremation rate in the United States increased from 32.3 percent in 2005 to 56.1 percent in 2020, while at the same time the burial rate decreased from 61.4 percent to 37.9 percent.

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Interesting statistics

In the following 4 chapters, you will quickly find the 24 most important statistics relating to "Death care services in the U.S.".

Death care services in the U.S.

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Death care services - statistics & facts

Mostly responsible for organizing funerals, burials, and cremations, companies active in the death care industry in the United States also provide other death-related goods and services. Administering los in cemeteries, selling headstones and memorials could also be included in their wide range of goods and services. Despite the gloomy aura that surrounds its services, the death care industry is very dynamic and offers salaries that could be deemed attractive. As of May 2020, around 24,560 morticians and 32,300 funeral attendants were employed by this industry the United States, earning median median annual wages of 59,000 dollars and 31,130 dollars respectively.

A small and profitable market in the hands of private owned companies and individuals

The combined revenue of around 20.5 billion U.S. dollars generated by this industry in 2020, is split among a myriad of family-owned businesses and a few large-sized actors. 89 percent of this market is in the hands of small and private companies, whereas the remaining 12 percent is divided among three main providers: Service Corporation International (SCI), with a market share of 10 percent, followed by StoneMor Partners and Carriage Services, each with a market share of around one percent. Despite despite one of the leading providers recording decreasing revenues over the last three years and a slow decline in number of funeral homes, this industry is growing in terms of revenue. Furthermore, due to an increase in SCI’s annual revenue - from 2.99 billion U.S. dollars in 2015 to 3.5 billion U.S. dollars in 2020, it could be said that this industry is gradually becoming more homogenous.

Rising costs of funerals leads to an increase in revenue for the death care industry

One factor that has likely contributed to this increase in revenue is the rising cost of funerals in the United States: The median cost of a funeral with a viewing and a burial, and including a vault, has increased from 8,508 U.S. dollars in 2014 to 9,420 U.S. dollars in 2020. For funerals with a viewing and a cremation, over the same time period the median cost has increased from 4,798 U.S. dollars to 6,970 U.S. dollars. Moreover, the price factor may have contributed to the growing preference for cremations over burials. As a result, the cremation rate in the United States increased from 32.3 percent in 2005 to 56.1 percent in 2020, while at the same time the burial rate decreased from 61.4 percent to 37.9 percent.

Interesting statistics

In the following 4 chapters, you will quickly find the 24 most important statistics relating to "Death care services in the U.S.".

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