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Global Self Storage Market Size study & Forecast, by User Type (Personal and Business) and Regional Analysis, 2022-2029

January 2023 | 200 pages | ID: GF17B5E5131CEN
Bizwit Research & Consulting LLP

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Global Self Storage Market is valued at approximately USD 68.24 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.45% over the forecast period 2022-2029. Self-Storage is an industry that provides storage space on rent usually for the short-term, they are more likely to be lockers, rooms, containers, or outdoor space. The Self Storage market is expanding because of factors such as increased urbanization coupled with smaller living spaces and changing business practices behavior. This market is dominated by U-Haul International Inc., Life Storage Inc., CubeSmart LP, National Storage Affiliates, Safestore Holdings PLC.

There has been significant growth of urbanization in past few years, due to the shift of citizens from rural to urban cities in a surge of jobs opportunity and a better standard of living. As well as the increase in population has been an influencing factor for the increase in urbanization. In 2022, the rate of urbanization was 57% globally and North America has been recorded to have a high rate of urbanization. For instance, In India, more than one-third of the total population lives in Urban cities, and recent trends show that urbanization has increased by nearly 4% in the last few decades. As per all these statistics, the population will be expected to be 10 million in 2030 which will propel the growth of self-storage market. Furthermore, the beginning of downsizing of baby boomers and the demand for additional storage as families increase with more material possessions has increased the opportunity for this significant market for the projected year. However, government regulations on storage are expected to stifle market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Self Storage Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of branded products and the region's increasing population. Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising populations, an increase in the number of collaborations for development, geographic expansion of key players. For instance, Asian cities such as Mumbai, Singapore, Beijing, and Hong Kong are densely populated cities where the average size of the house is 80m2 in Hong Kong, Singapore and Japan for which they are looking forward to self-storage to store their belongings.

Major market player included in this report are:
U-Haul International Inc.
National Storage Affiliates
Prime Storage Group
WP Carey Inc.
Metro Storage LLC
Life Storage Inc.
CubeSmart LP
Safestore Holdings PLC
Simply Self Storage Management LLC
StorageMart
Recent Developments in the Market:
In July 2021 - Global investment firm KKR acquires three self-storage properties in Austin, Texas and Nashville, Tennessee. This reflects attractive long-term dynamics, including strong demand and supply fundamentals and resilience due to the economic cycle.
In September 2020 - CubeSmart launched the CubeSmart mobile app, a simple and convenient option for customers to manage their storage experience. CubeSmart mobile app, gives customers authority to access their codes, pay bills, set up AutoPay, check account balances and payment history, manage passwords, receive notifications regarding important information, and more in the comfort of their own homes. Customers can do it all from their mobile phone.

Global Self Storage Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered User Type, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By User Type:
Personal
Business

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
  1.2.1. Self Storage Market, by Region, 2019-2029 (USD Billion)
  1.2.2. Self Storage Market, by User Type, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL SELF STORAGE MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL SELF STORAGE MARKET DYNAMICS

3.1. Self Storage Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Increased Urbanization Coupled with Smaller Living Spaces
    3.1.1.2. Changing Business Practices Behaviour
  3.1.2. Market Challenges
    3.1.2.1. Government Regulations on Storage
  3.1.3. Market Opportunities
    3.1.3.1. Beginning Of Downsize of Baby Boomers
    3.1.3.2. Demand For Additional Storage as Families Increase with More Material Possessions

CHAPTER 4. GLOBAL SELF STORAGE MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL SELF STORAGE MARKET, BY USER TYPE

6.1. Market Snapshot
6.2. Global Self Storage Market by User Type, Performance - Potential Analysis
6.3. Global Self Storage Market Estimates & Forecasts by User Type 2019-2029 (USD Billion)
6.4. Self Storage Market, Sub Segment Analysis
  6.4.1. Personal
  6.4.2. Business

CHAPTER 7. GLOBAL SELF STORAGE MARKET, REGIONAL ANALYSIS

7.1. Self Storage Market, Regional Market Snapshot
7.2. North America Self Storage Market
  7.2.1. U.S. Self Storage Market
    7.2.1.1. User Type breakdown estimates & forecasts, 2019-2029
  7.2.2. Canada Self Storage Market
7.3. Europe Self Storage Market Snapshot
  7.3.1. U.K. Self Storage Market
  7.3.2. Germany Self Storage Market
  7.3.3. France Self Storage Market
  7.3.4. Spain Self Storage Market
  7.3.5. Italy Self Storage Market
  7.3.6. Rest of Europe Self Storage Market
7.4. Asia-Pacific Self Storage Market Snapshot
  7.4.1. China Self Storage Market
  7.4.2. India Self Storage Market
  7.4.3. Japan Self Storage Market
  7.4.4. Australia Self Storage Market
  7.4.5. South Korea Self Storage Market
  7.4.6. Rest of Asia Pacific Self Storage Market
7.5. Latin America Self Storage Market Snapshot
  7.5.1. Brazil Self Storage Market
  7.5.2. Mexico Self Storage Market
  7.5.3. Rest of Latin America Self Storage Market
7.6. Rest of The World Self Storage Market

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Top Market Strategies
8.2. Company Profiles
  8.2.1. U-Haul International Inc.
    8.2.1.1. Key Information
    8.2.1.2. Overview
    8.2.1.3. Financial (Subject to Data Availability)
    8.2.1.4. Product Summary
    8.2.1.5. Recent Developments
  8.2.2. National Storage Affiliates
  8.2.3. Prime Storage Group
  8.2.4. WP Carey Inc.
  8.2.5. Metro Storage LLC
  8.2.6. Life Storage Inc.
  8.2.7. CubeSmart LP
  8.2.8. Safestore Holdings PLC
  8.2.9. Simply Self Storage Management LLC
  8.2.10. StorageMart

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption


LIST OF TABLES

TABLE 1. Global Self Storage Market, report scope
TABLE 2. Global Self Storage Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Self Storage Market estimates & forecasts by User Type 2019-2029 (USD Billion)
TABLE 4. Global Self Storage Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 5. Global Self Storage Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Self Storage Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Self Storage Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Self Storage Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Self Storage Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Self Storage Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Self Storage Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Self Storage Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Self Storage Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. U.S. Self Storage Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 16. U.S. Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. Canada Self Storage Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. Canada Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. UK Self Storage Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 21. UK Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. Germany Self Storage Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 24. Germany Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. France Self Storage Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 27. France Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. Italy Self Storage Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 30. Italy Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Spain Self Storage Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 33. Spain Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. RoE Self Storage Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 36. RoE Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. China Self Storage Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 39. China Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. India Self Storage Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 42. India Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. Japan Self Storage Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 45. Japan Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. South Korea Self Storage Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 48. South Korea Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. Australia Self Storage Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 51. Australia Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. RoAPAC Self Storage Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 54. RoAPAC Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. Brazil Self Storage Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 57. Brazil Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Mexico Self Storage Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 60. Mexico Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. RoLA Self Storage Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 63. RoLA Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. Row Self Storage Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 66. Row Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Self Storage Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. List of secondary sources, used in the study of global Self Storage Market
TABLE 69. List of primary sources, used in the study of global Self Storage Market
TABLE 70. Years considered for the study
TABLE 71. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Self Storage Market, research methodology
FIG 2. Global Self Storage Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Self Storage Market, key trends 2021
FIG 5. Global Self Storage Market, growth prospects 2022-2029
FIG 6. Global Self Storage Market, porters 5 force model
FIG 7. Global Self Storage Market, pest analysis
FIG 8. Global Self Storage Market, value chain analysis
FIG 9. Global Self Storage Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Self Storage Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Self Storage Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Self Storage Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Self Storage Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Self Storage Market, regional snapshot 2019 & 2029
FIG 15. North America Self Storage Market 2019 & 2029 (USD Billion)
FIG 16. Europe Self Storage Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Self Storage Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Self Storage Market 2019 & 2029 (USD Billion)
FIG 19. Global Self Storage Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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