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Funeral Activities in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Funeral Activities Market Research Report | SIC S96.030 | Apr 2017

Planning ahead: Consumers opt for prepaid funeral plans as prices continue to increase

The Funeral Activities market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Dignity plc Dignity plc market share
The Co-operative Funeralcare The Co-operative Funeralcare market share
Industry Statistics & Market Size
Revenue
£2bn
Annual Growth 12-17
2.6%
Annual Growth 17-22
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Profit
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Employment
19,467
Businesses
1,587
Industry Analysis & Industry Trends

Operators in the Funeral Activities industry offer cemetery, crematorium, embalming and mortician services. The industry includes the maintenance of mausoleums and the renting and maintenance of graves. Due to the essential nature of industry services, demand is considered to be price inelastic. A change in the price of industry services leads to a less than proportionate drop in industry demand. The industry is mainly affected by the number of deaths in the United Kingdom. In 2015-16, a significant increase in real household disposable income led to increased demand for pre-planned funeral services, which supported strong revenue growth. In the current year, the number of deaths in the United Kingdom is expected to increase, which can be attributed to an ageing population... purchase to read more

Industry Report - Industry Locations Chapter

The South East

The South East region is estimated to have the highest number of industry establishments, accounting for 14% of industry establishments in 2016-17. The South East is an ideal location for operators that want to be close to wealthy customers. The region has a high level of average household disposable income when compared with other regions. Accordingly, a large proportion of people in the South East are able to afford expensive funerals. Therefore, industry operators have turned towards the South East as a key market for their services.

The North West

The North West accounts for approximately 12.4% of industry establishments in the current year. The high population density of this region has drawn in many industry operators. Peo.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Funeral Activities Industry?

This industry consists of businesses that manage the burial or cremation of humans, including the sale and maintenance of graves and mausoleums and the renting of equipped space in funeral parlours. This industry excludes religious funeral service activities and cemetery gardening activities.

Industry Products
BurialsCremationsPrepaid funeral servicesNatural alternatives
 
Industry Activities
CremationsProviding burial servicesFuneral directingPrepaid funeral planningNatural burials


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