Us Self Storage Market Size

Updated 3 7 2020 this page contains statistics about the u s.

Us self storage market size.

Outlook on the self storage industry remains positive. 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. 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. 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.

For instance over the past several years the size of self storage space completed in the united states increased from 18 5 million sq. 172 000 people are employed by storage unit companies in the united states. Market size industry statistics. In hong kong the number of various types of storage facilities grew by more than 40 percent from 2013.

The economic growth in the united states is constantly being driven forward by the ongoing innovation r d as well as capital investment. Households currently rent a self storage unit. 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. Statistic brain 0 05 of the population is employed by the self storage industry.

Industry market size for self storage miniwarehouses. Interestingly the self storage industry is experiencing growth in other parts of the world. In 2015 to about 36 million sq. Europe currently has 3 200 facilities with occupancy rates hovering around 80 percent since 2016.

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. Self storage sector snapshot average monthly. Statistics about the self storage industry including annual revenue construction pricing occupancy and financial performance. We are active in self storage markets across the u s providing researched data on storage facilities at least 25 000 sqft in size.

Self storage industry compiled by the sparefoot storage beat. Self storage tenants include businesses and individuals.