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Semi-Trailer and Truck Rental in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Semi-Trailer and Truck Rental Market Research Report | Industrial Machinery, Gas & Chemicals | General Contractors | Oct 2013

Still trucking: Growth in import and export merchandise will keep industry revenue rising

IBISWorld’s Semi-Trailer and Truck Rental market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Rentco Rentco market share
Industry Statistics & Market Size
Revenue
$87m
Annual Growth 09-14
2.3%
Annual Growth 14-19
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Profit
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Employment
199
Businesses
53
Industry Analysis & Industry Trends

The Semi-Trailer and Truck Rental industry has cruised through a growth period over the past five years with some minor bumps along the road. The industry is expected to grow by 2.3% over the five years through 2013-14, to reach $87.1 million. This growth is understated, as it comes off a high base year in 2008-09. Over 2008-09, the industry benefited from an increase in merchandise imports and exports. The Road Freight industry, a key source of industry demand, declined over the year. Although this is usually bad for revenue, when combined with a simultaneous growth in merchandise trade it was in fact beneficial for the industry... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Semi-Trailer and Truck Rental industry in Australia is considered to be in the mature phase of its life cycle. Industry value added (IVA), which represents the industry's contribution to the economy, is projected to grow by an annualised 2.6% over the ten years through 2018-19. This growth is roughly in line with the overall economy, which is expected to grow by an annualised 2.5% over the same period. This is indicative of a saturated market. In addition, there is very little technological change within the industry. Product offerings are stable and clearly segmented and buyers are limited to road freight operators.

Over the ten years through 2018-19, IBISWorld expects the number of establishments to grow by an annualised 2.8%... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Semi-Trailer and Truck Rental Industry?

Companies in this industry primarily rent out semi-tractors (trucks) and semi-trailers without a driver, including prime movers, tandem-axle and tri-axle trailers. The industry excludes companies primarily engaged in long-term leasing activities.

Industry Products
Semi-tractorsTandem-axle trailersTri-axle trailersSingle-axle trailers
 
Industry Activities
Renting out semi-tractorsRenting our semi-trailersRenting out semi-tractorsRenting our semi-trailers


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