Market Research Logo

Truck Rental in Canada - Industry Market Research Report

Truck Rental in Canada

The Truck Rental industry in Canada performed well over the five years to 2018 as demand for industry services has grown steadily from both businesses and households. Businesses rent and lease trucks from industry companies for both the shipment of freight to downstream customers and the transport of goods and materials within and between work sites. As the economy improved, both freight shipping and general business activity have increased, in turn bolstering demand from business customers. Businesses have increased their demand for industry services during the current period as well, bolstered by overall macroeconomic growth and expanding corporate profit. Freight demand has grown nearly every year since 2013, leading more businesses to seek out industry vehicles. Moving forward, increasing emissions and fuel-efficiency regulations are anticipated to drive demand from the commercial market. Regulation aimed at reducing emissions from long-haul tractor-trailers and large pickup trucks will require downstream customers to either purchase or lease new vehicles.

This industry primarily rents or leases trucks, truck tractors, utility trailers, semitrailers, recreational vehicles (RVs) and buses without drivers. Vehicle retailing activity is excluded from this industry. Companies that rent or lease industrial trucks and equipment, such as forklifts, are covered in the Industrial Equipment Rental and Leasing industry in Canada (IBISWorld report 53249CA).

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

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report