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Funeral Homes in Canada: Market Research Report

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

Funeral Homes in Canada Market Research Report | NAICS 81221CA | Mar 2016

Ashes to ashes: Consumers will demand more inexpensive and environmentally friendly funeral options

IBISWorld’s Funeral Homes market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
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Industry Analysis & Industry Trends

Demand for Funeral Homes industry services does not strongly fluctuate with the business cycle and is more a product of demographic factors and consumer preferences. Canada's growing and aging population has resulted in the number of deaths trending upward over the past five years, boosting demand for funeral services. However, traditional burials are costly and a growing number of Canadians are opting for cremations to alleviate the financial pressure of honouring their loved ones. During the five years to 2021, demographic and societal factors will continue to drive industry growth. As more baby boomers (individuals born between 1946 and 1964) become seniors, the number of adults aged 65 and older is anticipated to increase... purchase to read more

Industry Report - Industry Products Chapter

Funeral homes earn the majority of their revenue from preburial services, funeral-related merchandise and packaged funeral services. Traditional funerals, or full-service funerals, are the most expensive memorial services for customers. According to Canadian Funerals Online, a traditional funeral costs between $6,000 and $10,000 on average. This figure only represents the cost of a simple service with a basic casket, but more elaborate arrangements and merchandise can significantly increase the total cost. Expenses associated with traditional funerals can put tremendous financial pressure on the bereaved. As a result of the high costs of traditional funerals, families are increasingly choosing cremation services to honour their loved ones... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Funeral Homes Industry?

This industry conducts funerals and prepares the deceased for burial or interment. Funeral homes organize wakes, transport the deceased 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 (IBISWorld report 81222CA).

Industry Products
Preburial servicesFuneral-related merchandise salesPackaged funeral servicesCremation servicesInterment services
Industry Activities
Providing funeral director servicesProviding embalming servicesOperating funeral homes combined with crematoriesProviding mortician servicesProviding visitation or viewing servicesProviding funeral servicesProviding graveside committal servicesSelling funeral merchandise, such as caskets, flowers and obituary noticesTransporting the deceased

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