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Truck Rental in Newfoundland

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NL53212CA

Truck Rental in Newfoundland industry analysis

Revenue for the Truck Rental industry in Newfoundland And Labrador is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x% during the same period. The number of industry establishments has decreased an annualized -x.x% to xx locations over the past five years. Industry employment has decreased an annualized -x.x% to xx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to decline an annualized -x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to stagnate x% to xx locations over the next five years. Industry employment is expected to decrease an annualized -x.x% to xx workers during the outlook period, while industry wages likely decrease -x% to $x.x million.

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About the Truck Rental in Newfoundland Market Research Report

What’s Included in the Truck Rental in Newfoundland Market Research Report

Definition of the Truck Rental in Newfoundland?

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).

What’s included in the Truck Rental in Newfoundland?

The Truck Rental in Newfoundland includes truck rentals and leases, tractor rentals and leases, trailer rentals and leases and other rentals, leases and services. Related terms covered in the Truck Rental in Newfoundland industry report includes the number of new homes that began construction in a given year, an unpowered vehicle towed by another and the production and discharge of something, especially gas or radiation.

Industry Performance of the Truck Rental industry in Newfoundland

Benchmark the Truck Rental in Newfoundland industry performance with all NL Census Metropolitan Area and national performance.

Truck Rental in Newfoundland

#9 in Highest Revenue 0.6% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Truck Rental in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Truck Rental industry in Newfoundland

See how key industry drivers, such as median houshold income, private investment in residential construction, private investment in non-residential construction, demand from transportation and warehousing, housing starts and per capita disposable income are impacting Truck Rental in Newfoundland

Newfoundland Economic Indicators

Median Houshold Income
Private Investment in Residential Construction
Private Investment in Non-Residential Construction

View more economic information in NL State Economic profile

Canada Key External Drivers

Demand from transportation and warehousing
Housing starts
Per capita disposable income

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Truck Rental industry in Newfoundland

Access proprietary data on Census Metropolitan Area in the Truck Rental in Newfoundland, such as St. John's and Corner Brook. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Truck Rental industry in Newfoundland

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Truck Rental industry in Newfoundland in 2025?

The market size of the Truck Rental industry in Newfoundland is $20.7m in 2025.

How many businesses are there in the Truck Rental industry in Newfoundland in 2025?

There are 11 businesses in the Truck Rental industry in Newfoundland, which has been declining at an average annual rate of -8.3% from 2020 to 2025.

Has the Truck Rental industry in Newfoundland grown or declined over the past 5 years?

The market size of the Truck Rental industry in Newfoundland has been declining at an average annual rate of -4.5% from 2020 to 2025.

How many employees in the Truck Rental industry in Newfoundland in 2025?

There are 48 employees in the Truck Rental industry in Newfoundland, which has been declining at an average annual rate of -5.6% from 2020 to 2025.