The Moving Services industry in Canada, which provides relocation services to households, governments and commercial clients, has experienced a modest decline over the five years to 2017. Despite rising levels of per capita disposable income and consistent growth in the number of Canadian businesses, substantial declines in total corporate profit have significantly limited commercial demand for industry services. Moving forward, industry performance will depend on a variety of factors, including levels of housing formation and overall macroeconomic recovery. Oil prices will likely rebound over the next five years, spurring broad-based economic growth. Moreover, both per capita disposable income and corporate profit are expected to rise over the next five years. Nevertheless, housing starts are expected to be muted and the value of residential construction will likely plateau during the upcoming five-year period.
This industry provides moving and relocation services, including trucking and shipping of household, institutional and commercial goods.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.