Us Self Storage Market Size

For instance over the past several years the size of self storage space completed in the united states increased from 18 5 million sq.

Us self storage market size.

In hong kong the number of various types of storage facilities grew by more than 40 percent from 2013. Households currently rent a self storage unit. 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.

Interestingly the self storage industry is experiencing growth in other parts of the world. Updated 3 7 2020 this page contains statistics about the u s. 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 sector snapshot average monthly.

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. Self storage industry compiled by the sparefoot storage beat. In 2015 to about 36 million sq.

Statistics on this page will be updated as we receive new data. Statistic brain 0 05 of the population is employed by the self storage industry. 172 000 people are employed by storage unit companies in the united states. 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.

Self storage tenants include businesses and individuals. 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. Europe currently has 3 200 facilities with occupancy rates hovering around 80 percent since 2016. Statistics about the self storage industry including annual revenue construction pricing occupancy and financial performance.

Market size industry statistics. Data includes graphs and illustrations.