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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 Analysis Chapter

The Semi-Trailer and Truck Rental industry has enjoyed strong growth over the past five years, despite slumps in most other automotive industries during the period. IBISWorld expects the industry to grow by an annualised 2.3% over the five years through 2013-14 to reach $87.1 million. This includes estimated growth in revenue of 2.4% in 2013-14. Although this growth rate is still positive, it understates the performance of the industry over the period. This is due to the figure coming from a high base year in 2008-09.

High profit

Successful companies in the industry are often highly profitable. Industry profitability is estimated to average 10.6% in 2013-14. However, this high return is synonymous with high risk... 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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