The Rise and Fall of the Casket Industry

The rise of metal coffins led to consolidation within the industry and made metal coffin production expensive, costing a million dollars for just the dyes alone/nAdvancements in medicine led to declining revenue for the casket industry/nCremation has become a popular alternative to traditional funerals, with 45% of people opting for it in 2011/nThe coffin industry takes a hit every time someone chooses cremation, though caskets can still be used for cremation