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Taxi & Limousine Services in Newfoundland

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NL48533CA

Taxi & Limousine Services in Newfoundland industry analysis

Revenue for the Taxi & Limousine Services industry in Newfoundland And Labrador is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely decline at -x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to xx locations over the past five years. Industry employment has decreased an annualized -x.x% to xx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x thousand.

Over the five years to 2030, provincial industry revenue is expected to decline an annualized -x.x% to $x.x million, while revenue for the national industry will likely decline -x%. The number of industry establishments is forecast to decline -x.x% to xx locations over the next five years. Industry employment is expected to decrease an annualized -x.x% to xx workers during the outlook period, while industry wages likely decrease -x% to $x.x thousand.

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About the Taxi & Limousine Services in Newfoundland Market Research Report

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

Definition of the Taxi & Limousine Services in Newfoundland?

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 Newfoundland?

The Taxi & Limousine Services in Newfoundland includes providing limousine services, providing luxury vehicle services and providing taxi services. Related terms covered in the Taxi & Limousine Services in Newfoundland 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 Newfoundland

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

Taxi & Limousine Services in Newfoundland

#9 in Highest Revenue 0.2% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Taxi & Limousine Services in Canada


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

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

Key Drivers of the Taxi & Limousine Services industry in Newfoundland

See how key industry drivers, such as median houshold income, net migration, private investment in non-residential construction, percentage of low income individuals, consumer bankruptcies and value of intellectual property products are impacting Taxi & Limousine Services in Newfoundland

Newfoundland Economic Indicators

Median Houshold Income
Net Migration
Private Investment in Non-Residential Construction

View more economic information in NL 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 Newfoundland

Access proprietary data on Census Metropolitan Area in the Taxi & Limousine Services in Newfoundland, such as St. John's, Corner Brook and Grand Falls-Windsor. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Taxi & Limousine Services industry in Newfoundland

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 Newfoundland in 2025?

The market size of the Taxi & Limousine Services industry in Newfoundland is $5.6m in 2025.

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

There are 91 businesses in the Taxi & Limousine Services industry in Newfoundland, which has been declining at an average annual rate of -11.5% from 2020 to 2025.

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

The market size of the Taxi & Limousine Services industry in Newfoundland has been declining at an average annual rate of -7.1% from 2020 to 2025.

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

There are 20 employees in the Taxi & Limousine Services industry in Newfoundland, which has been declining at an average annual rate of -6.5% from 2020 to 2025.