Funeral Homes in Florida - Industry Market Research Report

Unmarked Grave: the Rising Popularity of Cremation Poses a Threat to Industry Demand

Funeral Homes in Florida

The Funeral Homes industry in Florida has grown moderately over the past five years, outperforming the national industry. The state industry benefits from Florida's relatively elderly population. As a result, the state industry has not only outperformed the national average, but also attracted investments from major national companies seeking to serve a high-need population. After outperforming the national industry over the past five years, it is anticipated to slightly underperform over the next five. Florida's high rate of cremation will limit the industry's average sales per customer, even as the state's demographics continue to create a high volume of business.

This industry includes companies that conduct funerals and prepare the deceased for burial or interment. Industry establishments organize wakes, transport the dead and sell caskets and related merchandise. This industry includes funeral homes combined with crematories; however, establishments that primarily conduct cremation are excluded from this industry and are included in the Cemetery Services industry (report 81222).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.