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Truck Rental in Ontario

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS ON53212CA

Truck Rental in Ontario industry analysis

Revenue for the Truck Rental industry in Ontario is expected to grow an annualized x.x% to $x.x billion 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 increased an annualized x% to xxx locations over the past five years. Industry employment has increased an annualized x.x% to x,xxx workers during the period, while industry wages have increased 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 decline -x% to xxx locations over the next five years. Industry employment is expected to decrease an annualized -x.x% to x,xxx workers during the outlook period, while industry wages likely decrease -x% to $x.x million.

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About the Truck Rental in Ontario Market Research Report

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

Definition of the Truck Rental in Ontario?

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 Ontario?

The Truck Rental in Ontario 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 Ontario 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 Ontario

Benchmark the Truck Rental in Ontario industry performance with all ON Census Metropolitan Area and national performance.

Truck Rental in Ontario

#1 in Highest Revenue 33.4% 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 Ontario

See how key industry drivers, such as gross domestic product, private investment in non-residential construction, bachelorsed, demand from transportation and warehousing, housing starts and per capita disposable income are impacting Truck Rental in Ontario

Ontario Economic Indicators

Gross Domestic Product
Private Investment in Non-Residential Construction
BachelorsEd

View more economic information in ON 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 Ontario

Access proprietary data on Census Metropolitan Area in the Truck Rental in Ontario, such as Toronto, Kitchener - Cambridge - Waterloo and Hamilton. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Truck Rental industry in Ontario

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 Ontario in 2025?

The market size of the Truck Rental industry in Ontario is $1.2bn in 2025.

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

There are 675 businesses in the Truck Rental industry in Ontario, which has been growing at an average annual rate of 2.0% from 2020 to 2025.

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

The market size of the Truck Rental industry in Ontario has been growing at an average annual rate of 5.1% from 2020 to 2025.

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

There are 2,874 employees in the Truck Rental industry in Ontario, which has been growing at an average annual rate of 3.3% from 2020 to 2025.