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Truck Rental in Nunavut

Author.Name IBISWorld Canada Last Updated: March 2025 NAICS NU53212CA

Truck Rental in Nunavut industry analysis

Revenue for the Truck Rental industry in Nunavut 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 decreased an annualized -x.x% to x locations over the past five years. Industry employment has stagnated an annualized x% to xx workers during the period, while industry wages have increased an annualized x.x% to $x.x million.

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About the Truck Rental in Nunavut Market Research Report

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

Definition of the Truck Rental in Nunavut?

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 Nunavut?

The Truck Rental in Nunavut includes renting trucks, truck tractors, buses, rvs, utility trailers and semitrailers and leasing trucks, truck tractors, buses, rvs, utility trailers and semitrailers. Related terms covered in the Truck Rental in Nunavut 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 Nunavut

Benchmark the Truck Rental in Nunavut industry performance with all NU Census Metropolitan Area and national performance.

Truck Rental in Nunavut

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

Truck Rental in Canada


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

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

Key Drivers of the Truck Rental industry in Nunavut

See how key industry drivers, such as gross domestic product, 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 Nunavut

Nunavut Economic Indicators

Gross Domestic Product
Private Investment in Residential Construction
Private Investment in Non-Residential Construction

View more economic information in NU 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 Nunavut

Key Statistics of the Truck Rental industry in Nunavut

Download 17 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 Nunavut in 2025?

The market size of the Truck Rental industry in Nunavut is $8.7m in 2025.

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

There are 5 businesses in the Truck Rental industry in Nunavut, which has been declining at an average annual rate of -3.6% from 2020 to 2025.

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

The market size of the Truck Rental industry in Nunavut has been growing at an average annual rate of 1.3% from 2020 to 2025.

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

There are 20 employees in the Truck Rental industry in Nunavut, which has been declining at an average annual rate of 0.0% from 2020 to 2025.