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Parking Lots & Garages in Canada - Industry Market Research Report

Parking Lots & Garages in Canada

The Parking Lots and Garages industry experienced general growth over the five years to 2017. Overall increases in parking rates over the first half of the five-year period and improvements in employment figures both contributed to the industry's turnaround. Furthermore, sectors that were relatively resistant to the recession, such as hospitals, universities and municipalities, increasingly used outsourced parking services, which benefited industry revenue.The industry has invested more in parking automation and online technology; while these new technologies raise capital costs, they also help industry operators experience long-term savings on labour. Industry revenue is projected to expand slowly in the coming years, buoyed by rising disposable income and vehicle purchases.

Operators in this industry provide parking and valet services for motor vehicles on an hourly, daily or monthly basis. Industry participants operate via management contracts, lease agreements or property ownership.

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.


TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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