Press "Enter" to skip to content

Global Self Storage Market 2021 Segmented by Application and Geography Trends, Growth and Forecasts

Self Storage

The report focuses on the favorable Global “Self Storage market” and its expanding nature. The Self Storage market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • The market was valued at USD 37.33 billion in 2018 and is expected to reach a value of USD 49.24 billion by 2024, at a CAGR of 134.79%, over the forecast period (2019-2024). The growth in this industry is expected to be positive, during the forecast period, due to the trends of increased urbanization and improved economic outlook, across regions, which have led to new business growth.
  • – Growing urbanization is one of the significant factors that are positively driving the market growth. The growing urban population mean smaller and increasingly expensive living spaces in cities and the creation of more renters who move around more frequently. London is a prime example of this trend, with its population hitting a new all-time high of 8.6 million in 2015 and projected to rise above 10 million by 2030.
  • – The improved economic outlook in countries, such as the United States, an and Asian counties are positively augmenting the market growth. Economic growth in the is constantly being driven forward by ongoing innovation, R&D, as well as capital investment. For instance, over the past several years, the size of self-storage space completed in the has risen from 18.5 million square feet in 2015 to over 36 million square feet by 2017.
  • – Government regulations are challenges the market’s growth. Storage operators have continued to receive nonspecific warnings from the Department of Homeland Security that their facilities can be used to store materials which could be unleashed in the terrorist attack.
  • – The Self Storage Association is the voice of the self-storage industry that serves as the industry’s primary advocate on government relations and legislative matters. Over the past decade, SSA spent millions of dollars influencing dozens of the relevant laws, including laws providing for licenses to sell tenant insurance, modernizing required methods of notice, authorizing reasonable late fees, and fighting the imposition of sales taxes on self-storage rents.

    Request a sample copy of the report – https://www.absolutereports.com/enquiry/request-sample/14275430

    Key Manufacturers

  • U-Haul International
  • Inc.
  • Life Storage Inc.
  • CubeSmart
  • LP
  • National Storage Affiliates
  • Safestore Holdings PLC
  • Simply Self Storage
  • StorageMart
  • Prime Storage Group
  • W. P. Carey Inc.
  • Metro Storage LLC
  • SmartStop Asset Management LLC
  • World Class Capital Group LLC
  • National Storage REIT
  • All Storage
  • Amsdell Cos./Compass Self Storage
  • Urban Self Storage Inc.
  • SiteLink Software LLC

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Self Storage market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Self Storage market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Self Storage market have also been involved in the study.

    Scope of the Report:

  • The self-storage industry is a sub-sector of the commercial real estate market. The personal storage segment of the self storage market is expected to register the highest share, considering the critical demand driver of the market, and urbanization.
  • Inquire Or Share Your Questions If Any Before The Purchasing This Report – https://www.absolutereports.com/enquiry/pre-order-enquiry/14275430

    TOC of Self Storage Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Self Storage market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Self Storage Market Report Covered:

    • The report analyses how Self Storage market will grow in the future.
    • Analyzing various perspectives of the Self Storage market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Self Storage market shares and policies employed by the major market players.
    • Competitive landscape including the Self Storage market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Self Storage market players

    Key Market Trends:

    Personal Storage Segment to Occupy the Maximum Market Share

    – In the current scenario, homeowners and consumers are moving in an intriguing manner when it comes to their material possessions. Trends in the housing market favor downsizing to small, compact living spaces like condos, which prompt house owners to decide whether they’re keeping or ditching larger items. In addition, the houses are adopting modern, minimalist aesthetic like the Marie Kondo trend.
    – Many of the baby boomers i.e., the population born between 1941-1965 are gearing up for retirement and looking into shifting from large houses to compact condo units.
    – Globally, in many developed countries, a few building types have boomed like self-storage lockers. They’ve proven to be one of the highest revenue generating sources in real estate over the past half-century,
    – Operators in the self-storage services industry have benefited from steady demand from Australian consumers over the past five years. Consumers that are relocating for employment or study often use industry services, as few competitive substitutes exist. Consumers in transit between primary places of residence are another source of industry demand.

    Asia-Pacific to Witness the Highest Growth

    – The increasing population density, along with the improving economic conditions across the Asia-Pacific region, in addition to the aging population and changing cultural norms, are the factors supporting the demand for self-storage in the region.
    – Additionally, the emergence of the new players in the unexplored Asian regions, like India, adds significantly to the market growth. For instance, Orange self-storage company based in Bengaluru (considered to be the Silicon Valley of India) recently announced its plans to expand its presence into several other Indian cities, in order to capitalize on the growing demand for storage facilities.
    – In Taiwan, owing to the rapid growth in online shopping and e-commerce sector, some vendors have rented their storage space in several locations to facilitate last mile delivery. Self-storage facilities in commercial areas are mostly designed for business use. Many prominent companies have also started using these services for expanding their business footprints across the region.

    Purchase This Report (Price 4250 USD for single user license) – https://www.absolutereports.com/purchase/14275430   

    Study objectives of Self Storage Market Report:

    • To provide a detailed analysis of the market structure along with the Self Storage market forecast of various segments and sub-segments of the Self Storage market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Self Storage market trends that influence the global Self Storage market

    Detailed TOC of Self Storage Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Increased Urbanization Coupled with Smaller Living Spaces
    4.3.2 Improved Economic Outlook in Many Regions Leading to Business Growth
    4.4 Market Restraints
    4.4.1 Government Regulations on Storage are Hindering the Market Growth
    4.5 Value Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By User Type
    5.1.1 Personal
    5.1.2 Business
    5.2 Geography
    5.2.1 North America
    5.2.2
    5.2.3 Asia-Pacific
    5.2.4 Rest of the World

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 U-Haul International, Inc.
    6.1.2 Life Storage Inc.
    6.1.3 CubeSmart, LP
    6.1.4 National Storage Affiliates
    6.1.5 Safestore Holdings PLC
    6.1.6 Simply Self Storage
    6.1.7 StorageMart
    6.1.8 Prime Storage Group
    6.1.9 W. P. Carey Inc.
    6.1.10 Metro Storage LLC
    6.1.11 SmartStop Asset Management LLC
    6.1.12 World Class Capital Group LLC
    6.1.13 National Storage REIT
    6.1.14 All Storage
    6.1.15 Amsdell Cos./Compass Self Storage
    6.1.16 Urban Self Storage Inc.
    6.1.17 SiteLink Software LLC

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

    Contact Us:

    Name: Ajay More

    Phone: US +14242530807/ UK +44 20 3239 8187

    Email: [email protected]

    Our Other report :
    Global Therapeutic Bed Market 2021|Analysis with Key Players, Types, Application, Trends and Forecasts by 2026

    Global Tri Ethyl Phosphite Market 2021 Market trends, Growth by Top Company, Region, Application, Driver, Growth and Forecasts by 2026

    Electronic Foot Bath Market 2021: Opportunities, Size, Trends, Growth Status, Competitive Landscape by Forecast to 2027

    Subsea Wellhead System Market 2021: Top Key Players, Sales Revenue, Development Status, Emerging Technologies, Opportunity Assessment and Industry Expansion Strategies 2027

    Global Lab Bench Surface Protectors Market 2021 Size, Share, Growth, Trends and Forecast, Business Opportunities and Future Investments by 2026

    Global Hydrogen Peroxide Market 2021 by Key Players, Industry Overview, Segmentation, Supply Chain and Analysis to 2026

    Paper Cutter Machine Market 2021: Leading Company Analysis, Share, Growth, Size, Opportunities, Trends, Regional Overview, and Key Country Forecast to 2027

    Fishing Waders Market 2021: Global Companies, Consumption, Drivers, Trends, Forces Analysis, Revenue, Challenges, Top Leading Countries and Global Forecast 2027

    Global Stem Cell Artificial Meat Market 2021|Market Share, Growth Factors, Segmentation, Regional Analysis, Key Players and Forecasts 2026

    Global Prom Dresses Market 2021|Growth, Market Share, Production, Revenue, Price and Gross Margin Analysis and Forecasts to 2026

    Mobile Device Precision Accessories Market 2021: Global Companies, Consumption, Drivers, Trends, Forces Analysis, Revenue, Challenges, Top Leading Countries and Global Forecast 2027

    Railway Overhead Catenary System (OCS) Market Competition by Manufacturers by Competitive Situation and Trends, Share by Revenue, Market Growth forecast to 2021 to 2027

    Global Heating Equipment (Except Warm Air Furnaces) Market 2021|Market Size, Overview, Cost Structure Analysis, Growth Opportunities and Forecast to 2027

    Organic Dinnerware Market 2021: Top Key Players, Sales Revenue, Development Status, Emerging Technologies, Opportunity Assessment and Industry Expansion Strategies 2027