Households drive market demand, with household spending representing 74.2% of total demand in 2021. Funeral Services of Australasia is the largest company in Australia, generating 25.2% of the industry’s total production value in 2021. The industry is concentrated, with the top five companies generating 81.4% of total production value in 2021. The total number of companies increases in 2021, to 947 units. The costs of the industry increase by 17.2% in 2021, largely driven by rising B2B costs. The industry’s profitability increases and stands at 6.6% of turnover in 2021, the 20th highest across the top 20 developed countries. With turnover of USD1.1 billion, Australia accounts for 78.0% of the Australasia total in 2021.
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This Euromonitor industrial report provides unique information on Funeral and Related Services in Australia: ISIC 9303. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Funeral and Related Services in Australia: ISIC 9303 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of funeral and related services, hairdressing and beauty treatment, solariums, spas and similar services, and washing and cleaning.See All of Our Definitions
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