The funeral industry is a vital part of our society, providing a necessary service to grieving families. But how much do we really know about the funeral industry?
In this blog post, we’ll take a look at some of the most interesting and important funeral industry statistics. We’ll explore trends in funeral costs, cremation rates, and more, so you can get a better understanding of the funeral industry. So, let’s dive in and take a closer look at the funeral industry.
Funeral Industry: The Most Important Statistics
The number of employees in Japan's funeral service industry has decreased from 314,000 in 2010 to 280,000 in 2020, while revenue has increased to 2.5 trillion Japanese yen.
Consumer spending on funerals in the United States increased from 16.7 billion U.S. dollars in 2018 to 17.7 billion U.S. dollars in 2019.
Funeral Industry Statistics Overview
Funeral directors had the highest annual mean wage of $71,620, while cemetery workers had the lowest annual mean wage of $32,070.
This provides insight into the salary disparities between different job roles within the funeral service industry, which can be used to inform decisions about career paths and job opportunities.
The funeral service industry in the US employed 105,000 people in May 2020, with funeral directors and morticians, undertakers, and funeral arrangers being the two largest occupation groups, and embalmers and cemetery workers being the smallest.
This is important in understanding the current state of the funeral service industry in the US, as it provides insight into the size of the industry and the types of jobs that are most prevalent.
The number of employees in Japan's funeral service industry has decreased from 314,000 in 2010 to 280,000 in 2020, while revenue has increased to 2.5 trillion Japanese yen.
The demand for high-quality funeral services is increasing, likely due to an aging population in Japan, and the industry is adapting to meet this demand by becoming more efficient and cost-effective.
The monthly sales revenue growth rate of Japan's funeral service industry has increased since April 2020, reaching 5.7% in August 2021.
The revenue of funeral and related activities in the United Kingdom is projected to increase from 2.62 billion British pounds in 2021 to 3.08 billion British pounds by 2025.
The funeral industry is expected to grow due to an aging population and an increasing demand for personalized and eco-friendly funeral services.
The revenue of funeral and related activities in Germany is projected to increase from 1.4 billion euros in 2021 to 1.57 billion euros by 2025, likely due to an aging population and an increasing demand for personalized and eco-friendly funeral services.
In 2019, total expenditure on funerals in Japan was 2.2 trillion Japanese yen, a significant increase from 1.9 trillion yen in the previous year.
Consumer spending on funerals in the United States increased from 16.7 billion U.S. dollars in 2018 to 17.7 billion U.S. dollars in 2019.
The revenue of funeral homes in the United States decreased slightly from 17.6 billion U.S. dollars in 2019 to 17.2 billion U.S. dollars in 2020.
The revenue of cemetery services in the United States increased slightly from 3.4 to 3.5 billion U.S. dollars in 2020, likely due to an aging population and a growing demand for burial services.
This shows that the demand for burial services is increasing, likely due to an aging population. It also indicates that the funeral industry is likely to continue to be a profitable business in the future.
Conclusion
The funeral industry is an important part of our society, and it’s important to stay informed about the latest trends and statistics.
From the rising cost of funerals to the increasing popularity of cremation, the funeral industry is constantly evolving. By understanding the current trends and statistics, we can better prepare ourselves for the future of funerals.
References
1 - https://www.statista.com/statistics/752665/annual-wages-of-employees-in-the-funeral-service-industry-by-job-type-us/
2 - https://www.statista.com/statistics/752661/employees-in-the-funeral-service-industry-by-job-type-us/
3 - https://www.statista.com/statistics/1139564/japan-number-employees-funeral-services/
4 - https://www.statista.com/statistics/1150731/japan-monthly-sales-revenue-growth-funeral-services/
5 - https://www.statista.com/forecasts/1095280/funeral-and-related-activities-revenue-in-the-united-kingdom
6 - https://www.statista.com/forecasts/884276/funeral-and-related-activities-revenue-in-germany
7 - https://www.statista.com/statistics/1329790/japan-funeral-expenditure/
8 - https://www.statista.com/statistics/1062468/us-consumer-spending-funerals/
9 - https://www.statista.com/statistics/883227/revenue-of-funeral-homes-in-the-us/
10 - https://www.statista.com/statistics/883242/revenue-of-cemetery-services-in-the-us/
