Self Storage Market Growth, Demand and Challenges of the Key Industry Players 2028

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Global Self Storage Market Research and Forecast
Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global Self Storage Market Research Report The
latest report by IMARC, titled Self Storage
Market Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2023-2028 finds
that the global self-storage market size reached
US 54.6 Billion in 2022. A self-storage is a
unit of space inside a building, or a large
warehouse rented to tenants for storing personal
possessions, generally for a short-term duration.
It contains enclosed compartments generally
available in medium, small, and large variants.
It is encircled with concrete cinder blocks and
corrugated metal and is attached by the renters
lock and key. This space is majorly used for
storing equipment and house decor, document
archiving, additional inventory, relocating
spaces, additional inventory, and decluttering
homes. In recent years, self-storage has gained
traction as it assists in systemically organizing
items, decluttering, facilitating hoarding,
ensuring safety, and offering reliable, secure
and flexible storage facilities. Request Free
Sample Report https//www.imarcgroup.com/self-sto
rage-market/requestsample
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Report Description and Highlights
Report Description

Global Self Storage Market Trends One of the
primary factors driving the market is the
inflating income levels of the masses, along with
rapid urbanization. Additionally, the extensive
utilization of self-storage by individuals living
in urban areas on account of the increasing
incidents of them moving around often, and the
rising prices of living spaces in cities with
less wandering space are creating a positive
market outlook. Other than this, there is a rapid
increase in the population globally and families
expanding with additional material possessions,
thereby positively influencing the market growth.
Besides this, self-storage is being integrated
with the internet of things (IoT) and artificial
intelligence (AI) to monitor the storage units,
improve tenant experience, and enhance marketing
effectiveness. In line with this, the sudden
outbreak of coronavirus disease (COVID-19) has
led to wide adoption of the remote work model,
which in turn, is propelling the market growth.
Furthermore, the increasing product adoption for
commercial and business needs, including storing
seasonal promotional material or printers, is
strengthening the market growth. Other major
growth-inducing factors include increasing
product demand during house clearance activities,
improving economic outlook, and expanding small
businesses. Looking forward, IMARC Group is
expecting the market value to reach US 74.8
Billion by 2028, expanding at a CAGR of 5.3
during the forecast period (2023-2028). Looking
forward, the market value is projected to reach a
strong growth during the forecast period
(2023-2028).
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Report Description and Highlights
Report Description
Market Summary Breakup by Storage Unit Size
Small Storage Unit Medium Storag
e Unit Large Storage Unit Breakup by En
d Use Personal Business Brea
kup by Region North America
United States Canada
Asia-Pacific China
Japan India

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Report Description and Highlights
Report Description
South Korea Au
stralia Indonesia
Others Europe Germ
any France Uni
ted Kingdom Italy
Spain Russia
Others Latin America
Brazil Mexico
Others Middle East and Africa

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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Aecom
• CubeSmart Life Storage Inc. Metro Storage LLC (Fi
  nd Local Storage) National Storage Public Storage
  Safestore Simply Self Storage StorageMart U-Haul I
  nternational Inc. (AMERCO) Urban Self Storage Worl
  d Class Capital Group LLC.
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/self-storage-market

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
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without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
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analysis and opinion have been based on
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and reliable at the time of publishing.
International Market Analysis Research and
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