How many businesses are in Mississauga?

Mississauga has approximately 115,000 active businesses as of 2024, making it one of Ontario's largest business hubs.

What percentage of Mississauga businesses are small businesses?

Approximately 84% of businesses in Mississauga employ fewer than 20 people, highlighting the city's strong small business ecosystem.

Which industries are growing fastest in Mississauga?

The fastest growing sectors include Professional Services, Healthcare, and Transportation & Warehousing, which have driven most of the city's business growth since 2014.

Is manufacturing still important in Mississauga?

Yes, manufacturing remains one of Mississauga's largest employers with over 70,000 workers, despite a decline in the number of manufacturing firms over the past decade.

Updated October 2025

Mississauga Market Analysis (2025)

Data-Driven Insights to Grow Your Business in Canada's 6th Largest City

Curret Population (2024)

Projected by 2031.

This report is intended for small business owners, entrepreneurs, investors and market researchers who are exploring opportunities in the Greater Toronto Area (GTA). It presents a clear, data‑driven overview of Mississauga’s population, economic indicators and industry clusters to help you assess market potential, identify growth sectors and plan strategies for expansion. Relevant keywords include Mississauga market report, GTA market analysis, small business growth, industry sectors, demographics and investment opportunities. The aim is to provide an accessible reference that clarifies why Mississauga is an attractive market and what challenges you may encounter.

Overview

Mississauga Canada’s seventh‑largest city and largest suburban municipality, sits in the western Greater Toronto Area (GTA).

As of 2024 its population stood at 780,747, and it is projected to exceed 852,100 by 2031. The city hosts more than 115,485 businesses and is home to 501,500 employees – an increase of 74,200 jobs over the last decade, reflecting 17 % employment growth.

Mississauga’s diverse economy, connectivity and supportive programs make it an attractive location for small businesses and investors.

Mississauga – Key Indicators (2024–2025)

A fast, skimmable snapshot for busy owners and investors. Keep this as your north-star view before diving into deeper sections.

Number of Businesses
115,485 total businesses operating in the city.

Real GDP (chained 2017)
$63.33 Billion

Projection By 2035 (These are our projections and not official numbers.)
$74.6B - $78.5B
Conservative: 1.5% real CAGR |Baseline: 2.2% real CAGR | High: 3.0% real CAGR

Employment
501,501 employees (2024); +74,200 jobs in the last decade.

Labour Market (2025 Q1)
Unemployment 9.8% ; participation 65.1%.

Real Estate (2025 Q1)
Median detached $1,476,800; condo $574,400.

Sources: City of Mississauga – Economic Indicators (2025 Q1); 2024 Employment Survey; 2024 Economic Development Annual Report.

Business Composition & Industry Landscape

An overview of Mississauga's business ecosystem as of 2024

Mississauga Business Overview

~115,000 Active Businesses

Industry Distribution

Based on survey data and regional business counts, here's how businesses distribute across major industries:

Industry / Sector	Approx. Share of Businesses	Employment Highlights	Trend (10-yr)
Professional, Scientific & Technical Services	~20% (estimate)	Growing — many small firms	Strong growth
Health Care & Social Assistance	~15–18%	Among top gainers	Up significantly
Retail / Wholesale	~12–15%	Significant base	Wholesale declining
Manufacturing / Industrial	~8–10%	Employed >70,000	Shrinking business count
Transportation & Warehousing / Logistics	~8–12%	Fast growth driver	+24% of city growth since 2014
Management, Admin & Support	~10%	Many jobs	Strong contributor
Public / Education / Health	~10%	Large workforce	Steady growth
Other (real estate, arts, accommodation, etc.)	~10–15%	Mixed business sizes	Moderate growth

Note: These figures are estimates drawn from municipal and regional data; exact business counts by sector were not publicly available.

Business Size & Employment Patterns

Small Businesses

~84%

of businesses in Mississauga employ fewer than 20 people.

Source: City of Mississauga

Mid & Large Firms

~75%

of total jobs are accounted for by firms with 20+ employees.

Source: City of Mississauga

Growth Drivers

~80%

of growth since 2014 driven by four sectors.

Source: pub-mississauga.escribemeetings.com

Spotlight: Manufacturing Sector

Although the number of manufacturing firms declined over the decade, manufacturing remains one of the largest employers (>70,000 employees) in the city as of 2024.

Sources: City of Mississauga, INsauga | Ontario Local News Network

Data Sources & References

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