Companies in the Funeral Activities industry operate cemeteries and crematoria, and engage in funeral directing and related services. Due to the nature of the business, the performance of the industry tends to be influenced more by demographic factors, such as the death rate and the median age of the population, than by economic factors. The death rate in the United Kingdom has been declining gradually over the past few decades due to medical advances and the adoption of healthier lifestyles. The resulting negative effects on demand for funeral services have been offset by a significant increase in the average funeral price.
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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.