Across the bereavement industry, funeral homes are expanding their products to include greener options. The future growth of the Funeral Homes is influenced by internal and external factors. The USC Price School of Public Policy professor has made a … The funeral home also could become a significant historical center for the community. In smaller towns where resources are limited, the funeral home of the future could play a role in documenting and displaying the town’s history and ancestry. Market Size & Industry Statistics. Just like trends in life change, so do trends in the funeral industry. Another great change in the funeral industry in the future will be the more use of crematorium. Call Us Anytime 1.888.239.0351 [email protected] 60% of new mortuary students are women. A majority of mortuary school graduates today don’t come from families that ran funeral homes and many decided to join the profession as a second career. Where the Floral Industry is Headed You talk to anybody in the floral industry and you receive many different responses as to where they think the industry is going next. The funeral industry is changing in many ways. The total U.S. industry market size for Funeral Homes: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size. There just isn’t enough money to afford those traditional final expenses of a wake, service, and burial. Death and funerals is a topic many people shy away from — but not David Sloane. What does the future of cremation look like? Here are a few new funeral trends we expect to grow in popularity in 2020. Internal factors include structure and competition within the industry, market demand, and innovative and disruptive factors. Funeral Industry Trends and Analysis. Local authorities can also take advantage of green construction and remodeling for their cemeteries and crematoria. Funeral Industry News and Tools for Marketing. The “modern” or traditional funeral, as it is known in the funeral industry today, that includes embalming, casket, service, and burial in a cemetery, emerged as a result of four forces in American society: the Industrial Revolution, the Civil War, the emergence of a genteel code of conduct as a result of increased wealth in our society, and changing cultural views toward death. Cemeteries have begun offering woven coffins, biodegradable clothing, and energy-saving fleet systems. We all want to know if we will see the type of massive change in the next 30 years that we saw in the past 30 years in death care. Half of the flower shops owners believe retail shops will continue to be viable well into the foreseeable future… External factors include the state of the economy and cyclical patterns. Funeral homes, especially in smaller communities, would come to be known almost like a town square. What has hurt the funeral industry, beyond the bad PR of high-priced mark-ups on needed items, is the fact that families are earning less now than they did in previous generations. The funeral industry has often been a family business, dominated by men, but that is also changing. Many today are cremating their dearly departed ones and then holding back the memorial service for a time when others can come. Offering woven coffins, biodegradable clothing, and energy-saving fleet systems are expanding their products to include options... There just isn ’ t enough money to afford those traditional final expenses of a,... 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