Copyright © IMARC Service Pvt Ltd. All Rights Reserved Global Self Storage Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | © 2019 IMARC All Rights Reserved IMARC Group
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Report Description Report Description and Highlights 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 renter’s 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-storage-market/requestsample
Report Description Report Description and Highlights 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).
Report Description Report Description and Highlights Market Summary: Breakup by Storage Unit Size: • Small Storage Unit • Medium Storage Unit • Large Storage Unit Breakup by End Use: • Personal • Business Breakup by Region: • North America • United States • Canada • Asia-Pacific • China • Japan • India
Report Description Report Description and Highlights • South Korea • Australia • Indonesia • Others • Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa
Competitive Landscape with Key Players: • Aecom • CubeSmart • Life Storage Inc. • Metro Storage LLC (Find Local Storage) • National Storage • Public Storage • Safestore • Simply Self Storage • StorageMart • U-Haul International Inc. (AMERCO) • Urban Self Storage • World Class Capital Group LLC. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/self-storage-market Report Description Report Description and Highlights
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Report Description Report Description and Highlights © 2019 IMARC All Rights Reserved This Publication and all it’s 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 resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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