NAICS Code 532120-10 - Trailer Renting & Leasing

Marketing Level - NAICS 8-Digit

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NAICS CODE 532120-10
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NAICS Code 532120-10 Description (8-Digit)

The Trailer Renting & Leasing industry involves the renting and leasing of utility trailers for commercial and personal use. These trailers can be used for a variety of purposes, such as transporting goods, equipment, or vehicles. The industry caters to a wide range of customers, including individuals, small businesses, and large corporations. Trailer renting and leasing companies typically offer a range of trailer sizes and types to meet the diverse needs of their customers.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 532120 page

Tools

Tools commonly used in the Trailer Renting & Leasing industry for day-to-day tasks and operations.

  • Flatbed trailers
  • Enclosed trailers
  • Dump trailers
  • Utility trailers
  • Car hauler trailers
  • Equipment trailers
  • Livestock trailers
  • Tilt trailers
  • Gooseneck trailers
  • Lowboy trailers

Industry Examples of Trailer Renting & Leasing

Common products and services typical of NAICS Code 532120-10, illustrating the main business activities and contributions to the market.

  • Construction companies
  • Landscaping businesses
  • Moving companies
  • Event planners
  • Farmers
  • Car dealerships
  • Retail stores
  • Film production companies
  • Government agencies
  • Homeowners

History

A concise historical narrative of NAICS Code 532120-10 covering global milestones and recent developments within the United States.

  • The trailer renting and leasing industry has a long history dating back to the early 1900s when horse-drawn trailers were used to transport goods. The industry saw significant growth in the 1920s with the introduction of the automobile and the development of the highway system. During World War II, the industry experienced a boom as trailers were used to transport military equipment. In the 1950s, the industry saw a shift towards recreational use with the introduction of travel trailers and RVs. In recent years, the industry has continued to grow with the rise of online rental platforms and the increasing popularity of RV travel. In the United States, the trailer renting and leasing industry has seen steady growth over the past decade. According to Statista, the industry generated $9.3 billion in revenue in 2019, up from $7.8 billion in 2010. The growth can be attributed to several factors, including the increasing popularity of RV travel, the rise of online rental platforms, and the growing demand for trailers for commercial use. The COVID-19 pandemic has also contributed to the growth of the industry as more people are opting for road trips and outdoor vacations. Overall, the trailer renting and leasing industry has a bright future ahead.