Vietnam Self-Storage Market Report and Forecast 2025-2034
Description
The Vietnam self-storage market is projected to grow at a CAGR of 4.30% between 2025 and 2034. The market is being driven by rapid urbanisation and the increasing focus of businesses to reduce their rental expenses.
Vietnam Self-Storage Market Growth
In 2022, Hanoi experienced a significant increase in office space availability, surpassing 1.6 billion square meters of net leasable area (NLA), with grade A office buildings accounting for 37 per cent of the overall supply. The rising rental prices of office space in urban areas have led businesses to seek more affordable alternatives. Self-storage units offer a cost-effective solution for storing office supplies, documents, and equipment, enabling companies to reduce their rental expenses. To enhance productivity and employee comfort, businesses are turning to external storage options to declutter their work environment. Self-storage units can accommodate items that are not frequently used, allowing businesses to maximise the use of their office space.
The rise in popularity of compact living spaces and high-density housing in urban regions has led to a growing demand for external storage solutions. Self-storage facilities present a practical and safe choice for individuals facing limitations in storage space within their homes. Contemporary self-storage facilities come equipped with state-of-the-art security measures such as surveillance cameras, access control systems, and climate-controlled units. These security features effectively address concerns regarding safety, making self-storage an appealing solution for safeguarding valuable possessions.
Vietnam Self-Storage Industry Segmentation
The “Vietnam Self-Storage Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Unit Size
Small Storage Unit
Medium Storage Unit
Large Storage Unit
Market Breakup by End Use
Personal
Business
Market Breakup by Region
Southeast
Red River Delta
Mekong River Delta
South Central Coast
Others
Vietnam Self-Storage Market Share
Based on end use, the market is segmented into personal and business. The business sector is projected to grow at a CAGR of 4.5% during the forecast period of 2025-2034. Self-storage facilities offer businesses flexible rental options, allowing them to rent space for short or long periods based on their specific needs. This flexibility is especially advantageous for businesses with fluctuating storage requirements, such as seasonal inventory or temporary project materials.
Leading Companies in the Vietnam Self-Storage Market
Major players are focusing on the adoption of cutting-edge technologies to gain a competitive edge in the market.
Austin Labs
KingKho Storage Co.,Ltd
Saigan Storage
Bizlen Business Services
V-Box Self Storage Co., Ltd.
Others
Vietnam Self-Storage Market Report Snapshots
Vietnam Self-Storage Market Size
Vietnam Self-Storage Market Growth
Vietnam Self-Storage Market Share
Vietnam Self-Storage Companies
Vietnam Self-Storage Market Growth
In 2022, Hanoi experienced a significant increase in office space availability, surpassing 1.6 billion square meters of net leasable area (NLA), with grade A office buildings accounting for 37 per cent of the overall supply. The rising rental prices of office space in urban areas have led businesses to seek more affordable alternatives. Self-storage units offer a cost-effective solution for storing office supplies, documents, and equipment, enabling companies to reduce their rental expenses. To enhance productivity and employee comfort, businesses are turning to external storage options to declutter their work environment. Self-storage units can accommodate items that are not frequently used, allowing businesses to maximise the use of their office space.
The rise in popularity of compact living spaces and high-density housing in urban regions has led to a growing demand for external storage solutions. Self-storage facilities present a practical and safe choice for individuals facing limitations in storage space within their homes. Contemporary self-storage facilities come equipped with state-of-the-art security measures such as surveillance cameras, access control systems, and climate-controlled units. These security features effectively address concerns regarding safety, making self-storage an appealing solution for safeguarding valuable possessions.
Vietnam Self-Storage Industry Segmentation
The “Vietnam Self-Storage Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Unit Size
Small Storage Unit
Medium Storage Unit
Large Storage Unit
Market Breakup by End Use
Personal
Business
Market Breakup by Region
Southeast
Red River Delta
Mekong River Delta
South Central Coast
Others
Vietnam Self-Storage Market Share
Based on end use, the market is segmented into personal and business. The business sector is projected to grow at a CAGR of 4.5% during the forecast period of 2025-2034. Self-storage facilities offer businesses flexible rental options, allowing them to rent space for short or long periods based on their specific needs. This flexibility is especially advantageous for businesses with fluctuating storage requirements, such as seasonal inventory or temporary project materials.
Leading Companies in the Vietnam Self-Storage Market
Major players are focusing on the adoption of cutting-edge technologies to gain a competitive edge in the market.
Austin Labs
KingKho Storage Co.,Ltd
Saigan Storage
Bizlen Business Services
V-Box Self Storage Co., Ltd.
Others
Vietnam Self-Storage Market Report Snapshots
Vietnam Self-Storage Market Size
Vietnam Self-Storage Market Growth
Vietnam Self-Storage Market Share
Vietnam Self-Storage Companies
Table of Contents
125 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Asia Pacific Self-Storage Market Overview
- 5.1 Key Industry Highlights
- 5.2 Asia Pacific Self-Storage Historical Market (2018-2024)
- 5.3 Asia Pacific Self-Storage Market Forecast (2025-2034)
- 6 Vietnam Self-Storage Market Overview
- 6.1 Key Industry Highlights
- 6.2 Vietnam Self-Storage Historical Market (2018-2024)
- 6.3 Vietnam Self-Storage Market Forecast (2025-2034)
- 7 Vietnam Self-Storage Market by Unit Size
- 7.1 Small Storage Unit
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Medium Storage Unit
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Large Storage Unit
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 8 Vietnam Self-Storage Market by End Use
- 8.1 Personal
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Business
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 9 Vietnam Self-Storage Market by Region
- 9.1 Southeast
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Red River Delta
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Mekong River Delta
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 South Central Coast
- 9.4.1 Historical Trend (2018-2024)
- 9.4.2 Forecast Trend (2025-2034)
- 9.5 Others
- 10 Market Dynamics
- 10.1 SWOT Analysis
- 10.1.1 Strengths
- 10.1.2 Weaknesses
- 10.1.3 Opportunities
- 10.1.4 Threats
- 10.2 Porter’s Five Forces Analysis
- 10.2.1 Supplier’s Power
- 10.2.2 Buyer’s Power
- 10.2.3 Threat of New Entrants
- 10.2.4 Degree of Rivalry
- 10.2.5 Threat of Substitutes
- 10.3 Key Indicators for Demand
- 10.4 Key Indicators for Price
- 11 Competitive Landscape
- 11.1 Supplier Selection
- 11.2 Key Global Players
- 11.3 Key Regional Players
- 11.4 Key Player Strategies
- 11.5 Company Profiles
- 11.5.1 Austin Labs
- 11.5.1.1 Company Overview
- 11.5.1.2 Product Portfolio
- 11.5.1.3 Demographic Reach and Achievements
- 11.5.1.4 Certifications
- 11.5.2 KingKho Storage Co.,Ltd
- 11.5.2.1 Company Overview
- 11.5.2.2 Product Portfolio
- 11.5.2.3 Demographic Reach and Achievements
- 11.5.2.4 Certifications
- 11.5.3 Saigan Storage
- 11.5.3.1 Company Overview
- 11.5.3.2 Product Portfolio
- 11.5.3.3 Demographic Reach and Achievements
- 11.5.3.4 Certifications
- 11.5.4 Bizlen Business Services
- 11.5.4.1 Company Overview
- 11.5.4.2 Product Portfolio
- 11.5.4.3 Demographic Reach and Achievements
- 11.5.4.4 Certifications
- 11.5.5 V-Box Self Storage Co., Ltd.
- 11.5.5.1 Company Overview
- 11.5.5.2 Product Portfolio
- 11.5.5.3 Demographic Reach and Achievements
- 11.5.5.4 Certifications
- 11.5.6 Others
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