Is The Moving Industry Really Big?


Posted November 11, 2021 by LetsGetMoving

Let’s get Moving is the Toronto’s best moving company, unsurprisingly we uphold such a strong focus on its core values.
 
The moving industry is large and growing. The Bureau of Transportation Statistics states that in the United States, one in nine households moves in a given year. There is no doubt that the industry is huge all over the world. Whether you are moving to a new apartment or a country, there are a lot of local moving companies or interstate moving companies out there ready to help you.

The need for moving has been rising up, especially in America since they are the most mobile people as per various reports. So is the moving industry really big? Yes, it is. And not only that, there are plenty of reasons that the moving industry is really enormous. Let’s have a look at some of them.

Talking about the country Canada, as per the “MoveIt”, around 4 million people in Canada relocate every year. And around 70% of these movers are done in the summers, especially in the month of June. SO there is no doubt that the moving industry is really big in Canada. In fact, it is a billion-dollar business that is still growing.

Moving Company’s Sizes

The industry of moving generally comes with small and local businesses. Now talking about their employees, these companies usually consist of 5 to 10 employees. Generally, these moving companies operate city to city and in-state moves.

Now let’s take a look at some of the factors that have been contributing to the growth of the industry.
On the other hand, large moving companies comprise less than 10% of the overall industry. This means, more than large-scale moving companies, local and small moving companies are dominating the market.

Upward Growth Trend

As people in America are becoming more and more mobile, the demand for moving companies continues to grow. Annually, the market is growing at the rate of almost 3%, which indicates how big the industry is going to be. Though the growth of the company was impacted due to the outrage of COVID-19, now the company has started to get back on track.

So these were quite a few things you needed to know about the growth of the moving industry. However, there are plenty of more factors that have been contributing to the growth of the industry. But that can take too long to be covered here.

All in all, the industry of moving is big and it will continue to grow. In case you are looking forward to hiring one of the top moving companies in Toronto, feel free to get in touch with “let’s Get Moving”.
Since the inception of the company, they have been providing customers with exceptional moving services. Tit comes with a team of professional movers that are warm, polite, and friendly. They allow you to have control over the moving process so you get the job done your way. Moreover, their services are cost-effective and time-efficient. For more information, visit their official website. www.letsgetmovingcanada.com

Contact Details :
Let's Get Moving
945 Wilson Ave #7,Toronto, ON M3K 1E8, Canada
647 371 5382
[email protected]
https://letsgetmovingcanada.com/
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Issued By Let's Get Moving
Phone 647 371 5382
Business Address 945 Wilson Ave #7,Toronto, ON M3K 1E8, Canada
Country Canada
Categories Business
Tags moving companies toronto , moving service toronto
Last Updated November 11, 2021