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CA NAICS 53113CA | Industry Report

Storage & Warehouse Leasing in Canada Industry Data and Analysis

MM
Megan McCormick
Analyst New York, United States February 2026

The Canadian storage and warehouse leasing industry is simultaneously driven and challenged by persistent e-commerce growth, shifting logistics demands, and booming population growth. Even as e-commerce businesses remain the key drivers of demand, industrial market studies hint at moderation, especially as national availability rates for warehouse space have reached their highest levels since 2016. Simultaneously, demand for storage solutions is fueled by an expanding urban population and tight housing markets. Given the fiercely competitive landscape, key stakeholders need to differentiate their services through automation, IoT adoption and by offering additional services such as temperature-controlled storage and integrated logistics. Revenue has moderately risen at a CAGR of 0.9% through the five years to 2026. It is expected to reach $7.8 billion in 2025, when revenue will gain an estimated 0.9%.

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What's included in this industry analysis

IBISWorld's research coverage on the Storage & Warehouse Leasing industry in Canada includes market sizing, forecasting, data and analysis from 2016-2031. The most recent publication was released February 2026.

About this industry

What's this industry report about?

The Storage & Warehouse Leasing industry in Canada operates under the NAICS industry code 53113CA. Operators in the Storage and Warehousing Leasing industry in Canada primarily rent or lease self-storage space. Industry operators provide spaces where customers can store and retrieve their belongings at their convenience. Industry storage units include rooms, compartments, lockers, containers and outdoor space. Related terms covered in the Storage & Warehouse Leasing industry in Canada include lien-law, mini warehouse and real estate investment trust (reit).

What's included in this industry?

Products and services covered in Storage & Warehouse Leasing industry in Canada include 1.5-by-1.5 metre storage spaces, 1.5-by-3.0 metre storage spaces and 3.0-by-3.0 metre and 3.0-by-4.6 metre storage spaces.

What companies are included in this industry?

Companies covered in the Storage & Warehouse Leasing industry in Canada include StorageVault.

Performance

What's included in the Performance chapter?

The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Storage & Warehouse Leasing industry in Canada.

Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.

Products & Markets

What's included in the Products and Markets chapter?

The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Storage & Warehouse Leasing industry in Canada.

Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.

Geographic Breakdown

What's included in the Geographic Breakdown chapter?

The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Storage & Warehouse Leasing industry in Canada.

Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.

Competitive Forces

What's included in the Competitive Forces chapter?

The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Storage & Warehouse Leasing industry in Canada. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.

Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.

Companies

What's included in the Companies chapter?

The Companies chapter covers Key Takeaways, Market Share and Companies in the Storage & Warehouse Leasing industry in Canada. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.

Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.

External Environment

What's included in the External Environment chapter?

The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Storage & Warehouse Leasing industry in Canada. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.

Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.

Financial Benchmarks

What's included in the Financial Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Storage & Warehouse Leasing industry in Canada. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.

Industry Data

What's included in the Industry Data chapter?

The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Storage & Warehouse Leasing industry in Canada.

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Frequently Asked Questions

What is the market size of the Storage & Warehouse Leasing industry in Canada in 2026?

The market size of the Storage & Warehouse Leasing industry in Canada is $7.9bn in 2026.

How many businesses are there in the Storage & Warehouse Leasing industry in Canada in 2026?

There are 1,751 businesses in the Storage & Warehouse Leasing industry in Canada, which has grown at a CAGR of 2.6 % between 2021 and 2026.

How may import tariffs affect the Storage & Warehouse Leasing industry in Canada?

The Storage & Warehouse Leasing industry in Canada is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.

How may export tariffs affect the Storage & Warehouse Leasing industry in Canada?

The Storage & Warehouse Leasing industry in Canada is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.

Has the Storage & Warehouse Leasing industry in Canada grown or declined over the past 5 years?

The market size of the Storage & Warehouse Leasing industry in Canada has been growing at a CAGR of 0.9 % between 2021 and 2026.

What is the forecast growth of the Storage & Warehouse Leasing industry in Canada over the next 5 years?

Over the next five years, the Storage & Warehouse Leasing industry in Canada is expected to grow.

What are the biggest companies in the Storage & Warehouse Leasing industry in Canada?

The biggest company operating in the Storage & Warehouse Leasing industry in Canada is StorageVault

What does the Storage & Warehouse Leasing industry in Canada include?

1.5-by-1.5 metre storage spaces and 1.5-by-3.0 metre storage spaces are part of the Storage & Warehouse Leasing industry in Canada.

Which companies have the highest market share in the Storage & Warehouse Leasing industry in Canada?

The company holding the most market share in the Storage & Warehouse Leasing industry in Canada is StorageVault.

How competitive is the Storage & Warehouse Leasing industry in Canada?

The level of competition is high and increasing in the Storage & Warehouse Leasing industry in Canada.

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