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Parking Lots & Garages in Prince Edward Island

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS PE81293CA

Parking Lots & Garages in Prince Edward Island industry analysis

Revenue for the Parking Lots & Garages industry in Prince Edward Island is expected to grow an annualized x.x% to $x.x thousand over the five years to 2025, while revenue for the national industry will likely grow at x% during the same period. The number of industry establishments has stagnated an annualized x% to x locations over the past five years. Industry employment has decreased an annualized -x.x% to x workers during the period, while industry wages have decreased an annualized -x.x% to $x,xxx,xxx.x.

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

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About the Parking Lots & Garages in Prince Edward Island Market Research Report

What’s Included in the Parking Lots & Garages in Prince Edward Island Market Research Report

Definition of the Parking Lots & Garages in Prince Edward Island?

Operators in the Parking Lots and Garages industry in Canada provide parking and valet services for motor vehicles on an hourly, daily or monthly basis. Industry participants operate via management contracts, lease agreements or property ownership.

What’s included in the Parking Lots & Garages in Prince Edward Island?

The Parking Lots & Garages in Prince Edward Island includes parking management contracts, leased parking facility management, valet services, shuttle bus services and on-street parking. Related terms covered in the Parking Lots & Garages in Prince Edward Island industry report includes an arrangement where a service provider rents the property their business is on and is not responsible for major maintenance or capital expenditures on the property or real estate taxes, an agreement where a facility is managed for a fixed fee while the landowner or contracting business receives all payments and covers maintenance and rental or mortgage costs and a fully or semiautomated parking system that minimizes the area needed to park cars through mechanical lifts.

Industry Performance of the Parking Lots & Garages industry in Prince Edward Island

Benchmark the Parking Lots & Garages in Prince Edward Island industry performance with all PE Census Metropolitan Area and national performance.

Parking Lots & Garages in Prince Edward Island

#10 in Highest Revenue 0.1% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Parking Lots & Garages in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

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

Key Drivers of the Parking Lots & Garages industry in Prince Edward Island

See how key industry drivers, such as population, median houshold income, gross domestic product, number of motor vehicle registrations, per capita disposable income and international trips by canadian residents are impacting Parking Lots & Garages in Prince Edward Island

Prince Edward Island Economic Indicators

Population
Median Houshold Income
Gross Domestic Product

View more economic information in PE State Economic profile

Canada Key External Drivers

Number of motor vehicle registrations
Per capita disposable income
International trips by Canadian residents

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

Census Metropolitan Area Data of the Parking Lots & Garages industry in Prince Edward Island

Key Statistics of the Parking Lots & Garages industry in Prince Edward Island

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 Parking Lots & Garages industry in Prince Edward Island in 2025?

The market size of the Parking Lots & Garages industry in Prince Edward Island is $412.8k in 2025.

How many businesses are there in the Parking Lots & Garages industry in Prince Edward Island in 2025?

There are 1 businesses in the Parking Lots & Garages industry in Prince Edward Island, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Parking Lots & Garages industry in Prince Edward Island grown or declined over the past 5 years?

The market size of the Parking Lots & Garages industry in Prince Edward Island has been growing at an average annual rate of 1.6% from 2020 to 2025.

How many employees in the Parking Lots & Garages industry in Prince Edward Island in 2025?

There are 2 employees in the Parking Lots & Garages industry in Prince Edward Island, which has been declining at an average annual rate of -7.8% from 2020 to 2025.