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Taxi & Limousine Services in Ontario

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS ON48533CA

Taxi & Limousine Services in Ontario industry analysis

Revenue for the Taxi & Limousine Services 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.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to x,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% to $x.x billion, while revenue for the national industry will likely decline -x.x%. The number of industry establishments is forecast to grow x.x% to x,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 increase % to $x.x million.

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About the Taxi & Limousine Services in Ontario Market Research Report

What’s Included in the Taxi & Limousine Services in Ontario Market Research Report

Definition of the Taxi & Limousine Services in Ontario?

This industry provides passenger transportation by taxi, limousine and luxury vehicles. Taxi services help pick up and drop off anyone who needs to get to various locations, and limousine services are rented or hired by a driver. This industry does not include transporting passengers to or from locations using buses or vans.

What’s included in the Taxi & Limousine Services in Ontario?

The Taxi & Limousine Services in Ontario includes providing limousine services, providing luxury vehicle services and providing taxi services. Related terms covered in the Taxi & Limousine Services in Ontario industry report includes a luxury corporate sedan used by operators in the limousine market, another name for a town car due to the most common town car colour being black, a luxury passenger vehicle with an extremely long wheel base, an emblem of registration for a taxicab, a larger, longer and more expensive version of a regular limousine and a company that uses an online-enabled platform to connect passengers with drivers.

Industry Performance of the Taxi & Limousine Services industry in Ontario

Benchmark the Taxi & Limousine Services in Ontario industry performance with all ON Census Metropolitan Area and national performance.

Taxi & Limousine Services in Ontario

#1 in Highest Revenue 41% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Taxi & Limousine Services 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 Taxi & Limousine Services industry in Ontario

See how key industry drivers, such as gross domestic product, private investment in non-residential construction, bachelorsed, percentage of low income individuals, consumer bankruptcies and value of intellectual property products are impacting Taxi & Limousine Services 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

Percentage of low income individuals
Consumer bankruptcies
Value of intellectual property products

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

Census Metropolitan Area Data of the Taxi & Limousine Services industry in Ontario

Access proprietary data on Census Metropolitan Area in the Taxi & Limousine Services 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 Taxi & Limousine Services 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 Taxi & Limousine Services industry in Ontario in 2025?

The market size of the Taxi & Limousine Services industry in Ontario is $1.1bn in 2025.

How many businesses are there in the Taxi & Limousine Services industry in Ontario in 2025?

There are 14,779 businesses in the Taxi & Limousine Services industry in Ontario, which has been declining at an average annual rate of -6.7% from 2020 to 2025.

Has the Taxi & Limousine Services industry in Ontario grown or declined over the past 5 years?

The market size of the Taxi & Limousine Services industry in Ontario has been growing at an average annual rate of 1.2% from 2020 to 2025.

How many employees in the Taxi & Limousine Services industry in Ontario in 2025?

There are 3,691 employees in the Taxi & Limousine Services industry in Ontario, which has been growing at an average annual rate of 3.1% from 2020 to 2025.