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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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 - Starting a New Business Chapter

The barriers to entry are high. Establishing new operations requires large amounts of capital to purchase the prime movers and trailers. In order for a business to be successful, it has to have a large product range consisting of different varieties of trailers and trucks. Prime movers can range anywhere from $100,000 to $350,000. Even if the equipment is leased, a sufficient amount of capital is required to cover the negative cash flows before operations gain momentum. Prices of semi-trailers vary depending on their complication and specification.

On a positive note, establishing new operations does not require established relationships with customers and previous reputation. The business tends to be based on one-off transactions... 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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