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The market size of the Parking Lots & Garages industry in the US is $xx.xx, which is expected to grow at xx% over the next five years. This industry comprises operators who provide parking and valet services at establishments on an hourly, daily or monthly basis. It mainly operates via management contracts, lease agreements or property ownership.
Curious about what drives these trends? IBISWorld's Parking Lots & Garages in the US industry coverage has got you covered.
Total value ($) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Automobile Towing in the US |
|
XX% | XX% | $XX |
| Specialized Storage & Warehousing in the US |
|
XX% | XX% | $XX |
| Commercial Building Construction in the US |
|
XX% | XX% | $XX |
| Municipal Building Construction in the US |
|
XX% | XX% | $XX |
| Parking Lots & Garages in Canada |
|
XX% | XX% | $XX |
| Parking Services in Australia |
|
XX% | XX% | $XX |
| Property Management in the UK |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
The market size of the Parking Lots & Garages in the US is $13.1bn in 2026.
The market size of the Parking Lots & Garages in the US decreased -3.7% in 2026.
The market size of the Parking Lots & Garages in the US has grown at a 4.6% CAGR between 2021 and 2026.
See our full analysis of the Parking Lots & Garages in the US to understand if the industry market size is expected to grow or decline over the next five years.