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Parking Lots & Garages in Ontario

Author.Name IBISWorld Canada Last Updated: March 2025 NAICS ON81293CA

Parking Lots & Garages in Ontario industry analysis

Revenue for the Parking Lots & Garages industry in Ontario 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 decline at -x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to xxx locations over the past five years. Industry employment has decreased an annualized -x.x% to xxx 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 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 decline -x.x% to xxx locations over the next five years. Industry employment is expected to increase an annualized x.x% to xxx workers during the outlook period, while industry wages likely decrease % to $x.x million.

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About the Parking Lots & Garages in Ontario Market Research Report

What’s Included in the Parking Lots & Garages in Ontario Market Research Report

Definition of the Parking Lots & Garages in Ontario?

Operators in the Parking Lots and Garages industry in Canada provide parking and valet services for motor vehicles on an hourly, daily or monthly basis. Industry participants operate via management contracts, lease agreements or property ownership.

What’s included in the Parking Lots & Garages in Ontario?

The Parking Lots & Garages in Ontario includes parking management contracts, leased parking facility management, valet services, shuttle bus services and on-street parking. Related terms covered in the Parking Lots & Garages in Ontario industry report includes an arrangement where a service provider rents the property their business is on and is not responsible for major maintenance or capital expenditures on the property or real estate taxes, an agreement where a facility is managed for a fixed fee while the landowner or contracting business receives all payments and covers maintenance and rental or mortgage costs and a fully or semiautomated parking system that minimizes the area needed to park cars through mechanical lifts.

Industry Performance of the Parking Lots & Garages industry in Ontario

Benchmark the Parking Lots & Garages in Ontario industry performance with all ON Census Metropolitan Area and national performance.

Parking Lots & Garages in Ontario

#1 in Highest Revenue 37.5% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Parking Lots & Garages 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 Parking Lots & Garages industry in Ontario

See how key industry drivers, such as gross domestic product, private investment in non-residential construction, bachelorsed, number of motor vehicle registrations, per capita disposable income and international trips by canadian residents are impacting Parking Lots & Garages 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

Number of motor vehicle registrations
Per capita disposable income
International trips by Canadian residents

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

Census Metropolitan Area Data of the Parking Lots & Garages industry in Ontario

Access proprietary data on Census Metropolitan Area in the Parking Lots & Garages in Ontario, such as Toronto, Ottawa - Gatineau and Hamilton. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Parking Lots & Garages 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 Parking Lots & Garages industry in Ontario in 2025?

The market size of the Parking Lots & Garages industry in Ontario is $139.8m in 2025.

How many businesses are there in the Parking Lots & Garages industry in Ontario in 2025?

There are 358 businesses in the Parking Lots & Garages industry in Ontario, which has been declining at an average annual rate of -0.6% from 2020 to 2025.

Has the Parking Lots & Garages industry in Ontario grown or declined over the past 5 years?

The market size of the Parking Lots & Garages industry in Ontario has been growing at an average annual rate of 0.2% from 2020 to 2025.

How many employees in the Parking Lots & Garages industry in Ontario in 2025?

There are 763 employees in the Parking Lots & Garages industry in Ontario, which has been declining at an average annual rate of -4.2% from 2020 to 2025.