Self-Storage Services
Description
Brief Excerpt from Industry Overview Chapter:
Companies in this industry rent or lease locations for self-storage, providing secure space (such as rooms, compartments, lockers, containers, or outdoor space) where clients can store and retrieve their goods. Major companies include REITs such as CubeSmart, Extra Space Storage, and Public Storage (all based in the US), along with Dymon Storage (Canada), Safestore (UK), and Shurgard (Belgium).The global self-storage market size was valued at $60 billion in 2023 and is expected to reach about $83 billion by 2030, according to Grand View Research. The US remains one of the most established self-storage markets, followed by the EU, with growing demand due to increased urbanization.
The US self-storage services industry consists of about 16,000 establishments (single-location companies and units of multi-location companies) with about $12 billion in annual revenue.
Table of Contents
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Business Trends
- Industry Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Web Links and Acronyms
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