Us Self Storage Market Size

Interestingly the self storage industry is experiencing growth in other parts of the world.

Us self storage market size.

Market size industry statistics. In hong kong the number of various types of storage facilities grew by more than 40 percent from 2013. Updated 3 7 2020 this page contains statistics about the u s. Self storage sector snapshot average monthly.

We are active in self storage markets across the u s providing researched data on storage facilities at least 25 000 sqft in size. In 2015 to about 36 million sq. Statistics about the self storage industry including annual revenue construction pricing occupancy and financial performance. Industry statistics cover all companies in the united states both public and private ranging in size from small businesses to market leaders in addition to revenue the industry market analysis shows information on employees companies and average firm size.

The economic growth in the united states is constantly being driven forward by the ongoing innovation r d as well as capital investment. Statistic brain the average price of a storage unit at auction is 425 with about 155 000 sold annually. Self storage tenants include businesses and individuals. Extra space storage ranks number two size wise on the list of the largest self storage companies coming in just behind public storage in terms of space and rental availability.

You ll find more than 1 700 storage locations scattered around the u s with a spate of security measures that in part account for why extra space storage has. Outlook on the self storage industry remains positive. Self storage a shorthand for self service storage and also known as device storage is an industry in which storage space such as rooms lockers containers and or outdoor space also known as storage units is rented to tenants usually on a short term basis often month to month. For instance over the past several years the size of self storage space completed in the united states increased from 18 5 million sq.

Households currently rent a self storage unit. Europe currently has 3 200 facilities with occupancy rates hovering around 80 percent since 2016. Data includes graphs and illustrations. Self storage market data and analysis yardi matrix self storage is your source for originating pre underwriting and managing assets for profitable loans and investments.

Self storage industry compiled by the sparefoot storage beat. Industry market size for self storage miniwarehouses.