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Car Rental in Northwest Territories

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NT53211CA

Car Rental in Northwest Territories industry analysis

Revenue for the Car Rental industry in Northwest Territories is expected to grow 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.x% during the same period. The number of industry establishments has increased an annualized x.x% to x locations over the past five years. Industry employment has increased an annualized x.x% to xx workers during the period, while industry wages have increased an annualized x.x% to $x.x thousand.

Over the five years to 2030, provincial industry revenue is expected to grow 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 x locations over the next five years. Industry employment is expected to stagnate an annualized x% to xx workers during the outlook period, while industry wages likely increase x% to $x.x thousand.

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About the Car Rental in Northwest Territories Market Research Report

What’s Included in the Car Rental in Northwest Territories Market Research Report

Definition of the Car Rental in Northwest Territories?

Operators in the Car Rental industry in Canada rent and lease passenger cars without drivers, which are often used for short periods of time. Car rental agencies provide hearses, limousines and passenger cars, including automobiles, minivans and sport-utility vehicles (SUVs). Car rentals typically last 30 days or fewer, while leasing agreements typically last 12 months or longer. The industry excludes the rental or leasing of cars with drivers.

What’s included in the Car Rental in Northwest Territories?

The Car Rental in Northwest Territories includes airport rental services, off-airport rental services and leasing services. Related terms covered in the Car Rental in Northwest Territories industry report includes the segment for car rental services at or near airports, which is made up almost entirely of air travellers and is historically the industry's primary market, a very short term car rental where customers pay an annual fee plus hourly rental rate to rent cars from specified locations in participating cities, an agreement between car rental companies and airports specifying how many counters a rental company can operate at an airport, the segment of car rental services away from airports, usually in cities, suburbs or rural areas, which includes car sharing and insurance replacements and the value that car rental companies receive when they sell a rental car back to a car manufacturer or a car wholesaler.

Industry Performance of the Car Rental industry in Northwest Territories

Benchmark the Car Rental in Northwest Territories industry performance with all NT Census Metropolitan Area and national performance.

Car Rental in Northwest Territories

#11 in Highest Revenue 0.2% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Car 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 Car Rental industry in Northwest Territories

See how key industry drivers, such as median houshold income, private investment in non-residential construction, private investment in residential construction, inbound international travel, per capita disposable income and corporate profit are impacting Car Rental in Northwest Territories

Northwest Territories Economic Indicators

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

View more economic information in NT State Economic profile

Canada Key External Drivers

Inbound international travel
Per capita disposable income
Corporate profit

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

Census Metropolitan Area Data of the Car Rental industry in Northwest Territories

Access proprietary data on Census Metropolitan Area in the Car Rental in Northwest Territories, such as Yellowknife. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Car Rental industry in Northwest Territories

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 Car Rental industry in Northwest Territories in 2025?

The market size of the Car Rental industry in Northwest Territories is $10.1m in 2025.

How many businesses are there in the Car Rental industry in Northwest Territories in 2025?

There are 5 businesses in the Car Rental industry in Northwest Territories, which has been growing at an average annual rate of 4.6% from 2020 to 2025.

Has the Car Rental industry in Northwest Territories grown or declined over the past 5 years?

The market size of the Car Rental industry in Northwest Territories has been growing at an average annual rate of 14.5% from 2020 to 2025.

How many employees in the Car Rental industry in Northwest Territories in 2025?

There are 20 employees in the Car Rental industry in Northwest Territories, which has been growing at an average annual rate of 7.4% from 2020 to 2025.