Death Care Industry Overview
Listed below is an overview of the death care industry in the United States along with news, companies, trends, statistics, industry forecasts, research, memorial products and funeral services.
Description of the Death Industry
The death industry, also called the death care industry, generates $20 billion dollars a year in revenues in the United States. The terms death industry or death care industry describes companies such as Rome Monument based in Pittsburgh, Pennsylvania. Rome Monument is just one of thousands of companies in the United States that manufacture products and provide services related to dying, burial and the end of life for humans- and pets too.
This industry includes monument manufacturers and dealers such as Rome Monument. Other types of businesses in this industry include funeral homes such as Dignity Memorial, which is the consumer-facing brand name for SCI which is the largest funeral company in the United States. Service Corporation International (SCI) is a major supplier of deathcare products and services including funeral, cremation, and cemetery services. There are over 22,000 funeral homes in business in the United States.
Crematoriums and crematories are categorized as death industry businesses as are coffing manufacturers, cemeteries and memorial parks. Even pet cemeteries are included in this industry.
Matthews International Announces Acquisition of Star Granite & Bronze
Matthews International Corporation announced that the Company has acquired Star Granite & Bronze, based in Elberton, Georgia, for $41.2 million, subject to a working capital adjustment and potential contingent consideration adjustment based on future performance. Star, a family-owned business, is a well-respected manufacturer and distributor of granite and other memorialization products to cemeteries and other customers across the United States. In the year ended December 31, 2017, Star’s revenues were approximately $31.3 million and the company has approximately 200 employees.
Stanford's AI Predicts Death for Better End-of-Life Care
Deep learning AI is helping screen for ill patients who could benefit from having end-of-life conversations earlier. Using artificial intelligence to predict when patients may die sounds like an episode from the dystopian science fiction TV series “Black Mirror.” But Stanford University researchers see this use of AI as a benign opportunity to help prompt physicians and patients to have necessary end-of-life conversations earlier. For more information, read "Improving Palliative Care with Deep Learning".
Taking The Silver Cloud Granite Operation To A New Level
Since 2003, Italian stone producer Nikolaus Bagnara S.p.A. has owned the Silver Cloud granite quarry in Lithonia, GA. The site sits approximately 20 miles outside of Atlanta, and is operated by Nikolaus Bagnara’s U.S. subsidiary, Broad River Quarries, LLC. Silver Cloud granite has been around for years. It is a staple in the monument industry and the local markets around the Atlanta metro area. Since purchasing the quarry in 2003, Broad River Quarries has taken Silver Cloud to the world. Eagle Granite Company, established in 1961 uses Silver Cloud (Grey Cloud) granite to manufacture monuments. Eagle Granite Company is located in Elberton, GA.
Read about Rome Monument and the memorial industry in the local news and watch videos from television stories related to our community involvement.
MBNews: The Official Monthly Publication of the Monument Builders of North America
The MBNews’ mail-out circulation is about 1,000 copies. Companies that subscribe the the publication are MBNA members. Members are primarily owners of monument retailing companies such as Rome Monument. Readers of the publication get information about memorial art, innovations and trends in the monument industry, cemetery memorial designs, monument financing programs, stone cutting and carving tools and machines and ways to improve their day-to-day business operations.
Funeral service planning and consumer rights are concepts that families should carefully consider together to avoid costly funeral-related mistakes and unscrupulous providers. Multiple factors make the funeral industry unique from the customer's perspective. Rome Monument has a funeral planning guide and checklist for families.
The death care industry in changing. Consumers are now buying monuments, funeral services, burial plots and caskets before a death occurs. These types of purchases are described as preneed purchases. More and more families are ordering cemetery monuments well in advance of the passing of family members.
Rome Monument is a wholesale granite monument supplier that sells memorial products and services to monument dealers, cemetery management organizations and funeral homes. We wholesale granite headstones to retail businesses all across the United States. Rome Monument is an experienced monument retailer and a granite memorial wholesaler. We sell large quantities of granite headstones to other monument dealers, cemeteries and funeral homes located throughout the United States.
The U.S. funeral market produces $20.7 billion in revenue per year. There are about 2.4 million funerals each year in the United States. An average funeral costs between $8,000.00 and $10,000.00. There are about 57 million Americans over the age of 60. In 2012, SCI grossed over 2.4 billion in revenue. Service Corporation International employees over 21,000 people.
February 1, 2018
In 2018, Rome Monument began focusing on designing custom monuments and headstones for families that live in the city of Erie and other towns in Northwestern Pennsylvania. Rome Monuments installs monuments, mausoleums, grave markers and headstons in cemeteries and memorial parks following counties in Northwestern, PA including the ones listed below.
- Erie Cemetery
- Laurel Hill Cemetery
- Wintergreen George Cemetery
- Lakeside Cemetery
- Calvary Cemetery and Mausoleum
- Trinity Cemetery
- Gate of Heaven Cemetery and Mausoleum
- Mary, Queen of Peace Cemetery and Mausoleum
- Cemeteries in Erie County, PA
- Cemeteries in Crawford County, PA
- Cemeteries in Warren County, PA
- Cemeteries in Mercer County, PA
- Cemeteries in Venango County, PA
- Cemeteries in Forest County, PA
- Cemeteries in McKean County, PA
- Cemeteries in Lawrence County, PA
- Cemeteries in Butler County, PA
- Cemeteries in Clarion County, PA
- Cemeteries in Elk County, PA
- Cemeteries in Jefferson County, PA
- Cemeteries in Clearfield County, PA
- Cemeteries in Cameron County, PA
- Cemeteries in Potter County, PA
- Greendale Cemetery in Meadville, PA
- Saint Brigid Cemetery in Meadville, PA
- St. Gregory Parish Cemetery in North East, PA
Customer Service In Deathcare: How The Funeral Home Industry Cares For The Living
May 26th, 2017
There are more than 20,000 funeral homes and more than 100,00 cemeteries in the U.S. alone, and the annual economic activity in this sector has been estimated to be north of $20 billion.