Funeral and Related Services in Saudi Arabia: Industrial Report - New Report Available
Market sees 8% CAGR over review period; government accounts for almost two-thirds of expenditure. Simplicity of traditional procedures keeps market closed for novelties; undertaking services account for 86% of total turnover in 2012. Total number of employees up 34% over 2007-2012; average wage remains stable. Over 1,200 players in the industry in 2012; 96% are micro-sized enterprises. Moderate 6% turnover CAGR projected over 2013-2018; rising disposable income and numbers of elderly people will fuel development.
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