Self-Storage Market

Self Storage Market 2021 – 2028 Worldwide Major Industry Players Review : AECOM, CubeSmart, Life Storage, Prime Storage Group and Public Storage

The Self Storage Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

The self storage refers to the storage space rented to tenants often on a short-term basis. The industry is a sub-division of the commercial real-estate market. The rapid urbanization and migration of people to different metropolitan areas for jobs and other purposes have drastically resulted in the demand for self storage units. There has been a significant rise in the investment activity in the self-storage sector, particularly in the Asia Pacific region in recent years.

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Top Self Storage Companies:

AECOM, CubeSmart, Life Storage, Inc., Prime Storage Group, Public Storage,  Safestore Holdings Plc, Simply Self Storage Management LLC, StorageMart, Urban Self Storage and U-Haul International, Inc.

Market Segmentation:

Based on storage unit size, the global self-storage market is segmented into small storage unit, medium storage unit, and large storage unit.

On the basis of application, the market is segmented into household and personal storage, business storage, and vehicle and car storage.

Market Dynamics Drivers:

The self storage market is expected to soar in the forecast period owing to driving factors such as rapid urbanization. The growth of small businesses and the e-commerce industry is further likely to fuel market growth.

An improved economic outlook is likely to offer significant growth opportunities for the key players of the self storage market in the future.

Market Dynamics Restraints:

Operational inefficiency and rising cost may hinder the growth of the self storage market.

Impact of Covid-19 On Self-Storage Market:

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

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Major Factors:

Global Self Storage Market Overview

Economic Impact on Market

Market Competition

Global Self Storage Market Analysis by Application

Industrial Chain, Sourcing Strategy and Downstream Buyers

Marketing Strategy Analysis, Distributors/Traders

Global Self Storage Market Effect, Factors, Analysis

Global Self Storage Market Forecast

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